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Balance Sheet

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The Treasury Department's Office of Foreign Assets Control enforces trade embargo rules that declare some books and authors illegal. Several publishers and author associations have filed suit to stop the practice.

Homeland Absurdity

Off-road "four-wheelers" for rural North Carolina sheriffs, a $30,000 custom trailer for the Madisonville, Texas, mushroom festival, a $30,000 catering bill for the Louisiana Office of Emergency Preparedness--such are the things Homeland Security grants to local authorities have bought.

Swing Away

A triple whammy of stricter federal safety regulations, handicap accessibility mandates, and injury lawsuits gradually removes swing sets from the nation's playgrounds. Tucson is among the municipalities that no longer install swings in new parks or replace them in older ones.

Fannie Won't

Investor fave and political darling Fannie Mae is caught underfunding its reserves and doctoring expenses to win bonuses for executives--yet another example of the quasi-public government-sponsored enterprise's skirting the rules that private corporations must abide by.

Greasy Grab

The White Castle burger chain is sued over too-hot onion rings. A Chicago man seeks $50,000 for "severe and permanent injuries" stemming from ring grease landing on his arm in October 2002. The offending rings, he says, "were in an unreasonably dangerous and defective condition."

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