Charles Lewis: 935 Lies: The Future of Truth and the Decline of America’s Moral Integrity

Posted by Larry Doyle on June 23, 2014

SOS liesSense on Cents:  One of the best lines I ever read in The Wall Street Journal was attributed to then CEO of First Boston Allen Wheat. When asked about a senior executive who had recently departed the firm, Wheat rhetorically inquired and responded, “How do you know when he is lying?” “His lips move.”

Regrettably, couldn’t we say the same about so many of our so called political and business leaders? I think there is little doubt.

Life in and around Washington, Wall Street, and elsewhere in America now seems much more to revolve around rationalization than integrity. With the media often complicit in allowing the lying to go fully unchecked, our society suffers. Against this backdrop, I am very excited to pick up a copy of a book scheduled to be released tomorrow entitled 935 Lies: The Future of Truth and the Decline of America’s Moral Integrity written by a new Sense on Cents favorite but longstanding journalistic giant Charles Lewis. Continue reading

Only 3 days to destroy the world’s economy. Clinton Presidential Documents on Glass-Steagall Repeal Reveal: No Good Reason For Doing This

Larry DoyleBy Larry Doyle Sense on Cents

I do not think there is any single piece of legislation in the last 50 years that has had such a profoundly detrimental impact on the American public than the repeal of the Glass-Steagall Act separating commercial and investment banking.

That repeal is certainly not the sole factor that led to the economic crisis of 2008 and the ongoing pain we experience today, but it was certainly critical to the eventual meltdown. There is no great revelation in that assessment. Continue reading