On April 21, the New York Times’s David Barstow broke a major story about Walmart’s alleged extensive bribery in Mexico to expand its presence there.  Yet, as you can see from the chart above, Walmart’s stock has recovered all of its value since the story, and it has outperformed the Dow by 4%.  The threat
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As we’ve covered before at Republic Report, one of the reasons why marijuana remains illegal and the drug war continues to rage is because special interest groups like police unions and the alcohol industry spend a lot of money to lobby for the drug war. In Oregon, advocates of medical marijuana and other anti-drug war
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In many places, being the leader of a chapter of a political party is an honor. It’s a position that you can use to advance your party’s values and goals. But Virginia Democratic Party chairman Brian Moran — brother of Rep. Jim Moran (D-VA) — is using his clout in a different way. In addition
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This morning, the New York Times broke the news that Joe Ricketts, the billionaire founder of TD Ameritrade, is planning to unleash a race-baiting advertising assault against President Obama late in the campaign. Rickets, who used his Super PAC to fund an upset victory in Nebraska’s Senate election this week, intends to finance the anti-Obama
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  The FBI raided campuses of Florida-based FastTrain College on Wednesday. The for-profit school has multiple ties to Representative Alcee Hastings (D-FL), who has been a fervent backer of for-profit education companies. This industry has lobbied Congress fiercely in recent years to avoid accountability for waste, fraud, and abuse at the expense of students and
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As we reported back in February, the over-the-counter drug association known as the Consumer Health Products Association (CHPA) spent $194,000 in January alone to battle legislation that would require a prescription for certain cold medicines so as to combat the spread of ingredients commonly used to make methmethamphetamines. The bill was eventually watered down after
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As voters continue to rebuke status quo incumbents and corrupt politicians, yet another upset election could be on the horizon. Congressman Silvestre Reyes (D-TX) is facing a Democratic primary challenge from Beto O’Rourke, a businessman and former member of the El Paso City Council. Reyes, a ranking member of the Intelligence Committee, is known for
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After risking their lives abroad, American veterans are returning home to a new set of dangers. For-profit college companies are increasingly targeting veterans and their education benefits as a source for easy profits. The companies have a record of fraud, from deceptive recruiting practices to extremely high drop-out and default rates. Unlike tradition private or
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