general accounting office

Counterfeit products such as fake watches and bootleg DVDs may have some unintended economic benefits, according to a new government report. Consumers use bootleg copies of CDs, movies and video games to sample goods, and if they like what they've tried, they purchase the real thing.

U.S. Rep. Barney Frank's (D-Mass.) House Financial Services Committee has voted in favor of a proposal to have the Government Accountability Office audit the Federal Reserve, according to the Associated Press. But in my view, auditing the Fed is a thinly veiled first step toward wiping out the Fed,...