Dan Edge

The Biggest Ponzi Scheme in History
February 10, 2009
Bernard Madoff's $50 billion hedge fund scam is being called "the biggest Ponzi scheme in history." Over the past ten years, Madoff scammed individual investors, hedge funds, and charities out of billions of dollars, embezzling money that was supposed to have been invested. When the stock market tanked in late 2008 and Madoff’s victims tried to withdraw their money, his fund had less than $7 billion left. A media firestorm has since erupted around the disgraced businessman.
Bailout Crack
October 9, 2008
In a knee-jerk reaction to panic and fear over the current financial crisis, the government issued a $700 billion dollar bailout bill last week. Rather than considering the cause of the "toxic loans" at the heart of this crisis, Congress decided that it had to immediately do something—anything. What politicians fail to realize, however, is that they are the ones that got us into this mess, and this bailout will only further exacerbate the problem. It is government meddling in the economy that caused the mortgage meltdown.
The Ponies Made Me Do It
August 4, 2008
Former NBA official Tim Donaghy was sentenced to 15 months in prison last week for gambling on NBA games, some of which he himself officiated. The interesting thing about this case is not the question of whether or not the defendant was guilty. This was not a "whodunit?" case; Donaghy openly admitted his guilt at the trial.
Congrats, Valedictorian! Now Get Out of Our Country
June 12, 2008
A high school valedictorian in California, whose parents fled violence in Armenia when he was two years old, is being deported. Arthur Mkoyan dreams of applying to medical school after he finishes high school next week, but instead immigration officials plan to send him back to Armenia ten days after graduation.
Jimmy Carter Embraces Terrorism
April 21, 2008
Former President Jimmy Carter, already famous for surrendering America's interests to militant Islamists during the Iran Hostage Crisis in the late 70's, is yet again betraying America. Last week, Carter met with Nasser Shaer, a senior Hamas politician, under the pretense of promoting "peace" in the region.
Praise Big Pharma
April 3, 2008
If you are sick, there is no better place and time to live than America in the 21st century. The past 50 years have witnessed an explosion of medical innovation in the West. Drugs have been developed to lower cholesterol, fight AIDS, and altogether eradicate some diseases. Pharmaceutical companies have invested, and are investing, tens of billions of dollars each year researching new technologies to extend human life.
The Super Bowl -- "Giants" Among Men
February 10, 2008
Almost everyone loves the Super Bowl. Super Bowl Sunday has been an unofficial holiday in the United States for decades, and the Monday following the Super Bowl is the one day of the year employees are most likely to call in sick. On the list of the top 30 most watched television broadcasts of all time, 16 are Super Bowls.
Operation Iraqi Freedom: An Altruistic War
October 17, 2007
At the Veterans of Foreign Wars National Convention on August 22, President Bush spoke about the lessons of World War II, arguing that the U.S. occupation of Japan serves as a model for the current conflict in the Middle East. But the terrible state of the Iraq War makes it clear that he has not learned those lessons himself.