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Keyword: taxpayers

Brevity: Headers | « Text »
  • Ally Financial bets on risky subprime car loans (here we go again!)

    06/01/2011 1:37:02 AM PDT · by Daisyjane69 · 64 replies
    Reuters ^ | 5/31/11 | David Henry
    (Reuters) - Ally Financial Inc, the United States' largest maker of car loans, hopes that people have forgotten the time when "subprime" became a synonym for "disaster." Ally, once known as GMAC Financial Services, is getting ready to go public this year, and is making the case that subprime loans for used car buyers are not about to produce the same results that they did in the housing market a few years ago -- a near-collapse of the financial system. Auto loans performed relatively well during the downturn, and demand for cars is up, so auto lending is one of...
  • Obama's Symbolic Chevy Volt Folly

    05/31/2011 9:09:40 AM PDT · by jazusamo · 30 replies
    American Thinker Blog ^ | May 31, 2011 | Chuck Roger
    Among 116 electric cars that the Obama administration intends to buy with taxpayer money, 101 will be Chevy Volts. The program will also include installing charging stations in San Francisco, Detroit, Los Angeles, San Diego and Washington, D.C. According to USA Today, "The moves are mostly symbolic to show the government is doing its part in trying to reduce America's dependence on oil." The electric cars are projected to save taxpayers a total of $116,000 in fuel costs-presumably annually. USA Today did not specify. With Volts currently priced at $41,000, what net "savings" will taxpayers realize? The General Services Administration...
  • Denver Taxpayers Paid Millions For Insurance For Non-Dependents

    05/16/2011 6:52:12 AM PDT · by george76 · 21 replies
    CBS4 ^ | May 13, 2011 | maass
    An audit of employees who work for the city of Denver has revealed that taxpayers have been paying for medical, dental and vision benefits for approximately 1,000 people who, it turns out, were never eligible to receive Denver health benefits. “They were signing people up for health coverage that were not qualified under the program,” said Christopher Lujan, Interim Director of Denver’s Career Service Authority. “The numbers show we have a certain amount who have been “free riders” and they don’t qualify for health care coverage, thats’s absolutely correct.” So some of these employees put people on the health care...
  • GM Will Spend $109 Million To Preserve 96 Michigan Jobs

    05/13/2011 12:21:24 PM PDT · by george76 · 28 replies
    zero hedge ^ | 05/13/2011 | Tyler Durden
    And so we get another example of government efficiency at work. The still taxpayer funded General Motors has just announced it will spend $109 million to keep and add 96 jobs. This amounts to $1.135 million per employee.
  • Vikings, Ramsey County to announce apparent stadium deal

    05/10/2011 1:14:58 PM PDT · by Colonel_Flagg · 68 replies
    Minneapolis StarTribune ^ | 5/10/11 | Kevin Duchschere
    The Metropolitan Sports Facilities Commission said a stadium in Arden Hills would cost up to $1.2 billion, compared with $895 million at the Metrodome site. A Minnesota Vikings stadium built at the Arden Hills site could cost as much as $1.2 billion, about $300 million more than a stadium built on the Metrodome site in Minneapolis, according to a cost analysis released Tuesday by the Metropolitan Sports Facilities Commission. The report was released just as the Vikings announced they will hold a news conference at 3 p.m. Tuesday at the Arden Hills site.
  • Taxpayers to Obama: Keep your hands off our deductions

    04/15/2011 7:06:11 AM PDT · by SeekAndFind · 31 replies
    Hotair ^ | 04/15/2011 | Ed Morrissey
    In his speech on Wednesday, Barack Obama suggested that eliminating some tax deductions might be necessary to close the budget deficit, at least on a means-tested basis. Gallup’s latest poll taken after the speech shows the political risk in pushing that idea. Large majorities support the deductions Obama mentioned in the speech, even when told it would help close the federal budget deficit: Americans make it clear they want to keep common federal income tax deductions, regardless of whether the proposed elimination of those deductions is framed as part of a plan to lower the overall income tax rate or...
  • Local stimulus project creates few jobs at high cost to taxpayers (Philadelphia boondoggle)

    03/30/2011 4:09:39 PM PDT · by Libloather · 3 replies
    Philly ^ | 3/30/11 | MICHAEL HINKELMAN
    Local stimulus project creates few jobs at high cost to taxpayersBy MICHAEL HINKELMAN Philadelphia Daily News Posted on Wed, Mar. 30, 2011 WHEN OFFICIALS at the U.S. General Services Administration in Washington were deciding what to do with billions in federal stimulus funds, spurring job growth and making federal buildings more energy-efficient was at the top of the agenda. Rather than being a boon for jobs, though, one high-profile project here may turn out to be a boondoggle for taxpayers. The GSA, which provides office space to more than 1 million federal workers in 9,600 facilities around the country, awarded...
  • State-union battles revive school-choice hope

    03/29/2011 3:04:55 AM PDT · by Scanian · 3 replies
    The Washington Times ^ | March 28, 2011 | Dick Armey
    After a major loss in their battle with Wisconsin taxpayers over collective bargaining powers, teachers unions are reeling. States are caught in a vicious cycle in which the private sector is shrinking while public liabilities grow and politicians have finally realized they must rein in spending and restore economic sanity to their budgets - even if that means pushing back against union influence. The momentum stemming from the Wisconsin victory gives union bosses little time to lick their wounds. In Ohio, for example, Republican Gov. John Kasich is supporting legislation similar to the bill passed in Wisconsin. The Ohio bill...
  • Public Pensions In The Red Even With Rosy Assumptions

    03/26/2011 8:29:24 AM PDT · by Slyscribe · 1 replies
    Investor's Business Daily ^ | 3/25/2011 | Jed Graham
    The Florida Retirement System is one of the nation's most financially fit public pensions, so why does new Republican Gov. Rick Scott call it a "ticking fiscal time bomb"? Florida taxpayers, like those around the nation, could face huge additional pension costs if investment gains come up short. At the end of June, Florida's system was 87.9% funded, far above the 80% mark that experts deem fiscally sound. But this assumes that investments will return 7.75% annually going forward.
  • YouTube Gov. Brown makes his pitch

    03/23/2011 3:32:27 PM PDT · by Mark Landsbaum
    Gov. Jerry Brown, always the frugal one, has resorted to posting his latest message urging you to tax yourself some more on YouTube, where presumably at least that won’t cost taxpayers anything. (Until California gets around to taxing the Internet, that is.) Here’s his video: . . .
  • Progressive Government Is Obsolete

    03/19/2011 4:17:14 AM PDT · by Scanian · 44 replies
    The Wall Street ^ | MARCH 18, 2011. | STEPHEN GOLDSMITH
    Across the country, the interests of organized labor, elected officials and taxpayers are colliding over wages, work rules and the astronomical costs of retiree pensions and health care. As important as these specific issues are to resolve, there is another, more fundamental problem causing so many Americans to lose faith in their government: It is not government unions per se but progressive government itself—long celebrated in Wisconsin, New York and elsewhere—that no longer produces progressive results. In the early 20th century, the progressives championed a rule-based approach to public-sector management that was a big step forward from the cronyism and...
  • Taxpayers Slam President Obama's 'Cash for Plug-Ins' Program

    03/05/2011 5:56:15 AM PST · by Son House · 20 replies
    FOXNEWS ^ | February 12, 2011 | Cheryl Casone
    HOENIG The president is insisting on getting people to drive electric cars literally no matter how many tax payer dollars it takes in the process. $2.5 billion in grants for electric cars, $2 billion in grants for batteries, $250,000 to rectify the plug in stations, the $7,500 rebate you talked about, $10 million for towns to promote electric use of those vehicles, and for what? GM sold like 321 volts last month. This is ethanol 2.0. It's a waste of tax payer dollars and it just shows how incredibly depraved the green movement is in this country. BYRNES 0.1 percent...

    02/25/2011 8:57:28 PM PST · by bigbob · 4 replies
    Moment of Clarity ^ | 2-25-11 | Dr. Tim Nerenz
    This is serious stuff, the kind that serious people are trying to fix, while unserious people continue to lie, sloganeer, pitch a fit, or just run away. When you students were hauling signs around for the greybeards at Bitch Fair On The Square, your solidarity brothers and sisters probably didn’t tell you that you will have to work past 70 so they can keep on retiring in their 50’s, did they? I didn’t think so.
  • Union Label | Owned by China

    02/25/2011 6:02:30 PM PST · by NaturalBornConservative · 2 replies
    Natural Born Conservative ^ | Larry Walker, Jr.
    When 'Made In China' Isn't Enough ~“Every once and awhile you need to get out on the streets and get a little bloody when necessary.” ~ Rep. Mike Capuano (D-Ma.)Made in China wasn’t enough, now union minions want to be owned by China as well. So far all I see is a bunch of snot-nosed, deficit-financed, government slugs spewing nonsense, but not one drop of blood. Hey union guys, this isn’t 1945, except maybe in terms of the National Debt. Back in the day, American unions used to fight so-called greedy capitalists for higher pay, greater benefits, and better working...
  • Unions Rule By Brute Force (and Taxpayers Pay the Price)

    02/25/2011 6:49:00 AM PST · by suspects · 16 replies
    Boston Herald ^ | February 25, 2011 | Michael Graham
    If I were in organized labor, I’d seriously think about starting a P.R. union. The only person who had worse press coverage this week than organized labor was Moammar Gadhafi — and he had to bomb his own people to get it. As of this writing, union-owned Democratic state senators are still hiding out in cheap hotels across state lines in Illinois. These Wisconsin “flee-baggers” can’t find the courage to show up for work, but they’re on cable news every hour whining about Gov. Scott Walker. Meanwhile, our own U.S. Rep. Mike Capuano (D-Somerville) was forced to apologize for his...
  • Brown's Countdown, Day 46: New ‘Taxpayers Caucus’ takes on Brown plan

    02/24/2011 8:09:52 AM PST · by SmithL · 3 replies
    Sacramento Bee ^ | 2/24/11 | Kevin Yamamura
    It was perhaps the most coordinated Republican response yet to Gov. Jerry Brown's budget plan, albeit without the backing of the party's legislative leaders. GOP lawmakers announced Wednesday that 30 Republicans had formed a "Taxpayers Caucus," vowing not to send Brown's tax hike extensions to the ballot unless they are accompanied by tax reduction proposals. Since the latter idea is a nonstarter among Democrats – and has been brushed aside by GOP leaders so far – the group's position essentially amounts to 30 "no" votes for Brown's budget, more than two-thirds of Republicans in the Capitol. "People right now are...
  • Legislator: State should create jobs instead of 'raping' taxpayers

    02/23/2011 8:56:43 PM PST · by SmithL · 13 replies
    SacBee: Capitol Alert ^ | 2/23/11 | Torey Van Oot
    Freshman Assemblywoman Shannon Grove, R-Bakersfield, said today that lawmakers need to focus on private-sector job creation "instead of raping our taxpayers." The comment came under fire from a group that works to prevent domestic and sexual violence.
  • Time For Taxpayers To Go On Offense! (The truth about gov't union costs)

    02/23/2011 5:36:57 AM PST · by suspects · 5 replies
    Boston Herald ^ | February 23, 2011 | Michael Graham
    The only time people in Massachusetts care about what’s happening in Wisconsin is when Tom Brady [stats]’s playing on Lambeau Field. So why did hundreds of Bay State government workers show up to protest Wisconsin’s governor at Beacon Hill yesterday? One word: Money. Your money. The battle over government employees and collective bargaining endangers the entire foundation of Massachusetts politics: Unions use their members’ cash and labor to elect and protect pro-union hacks who then vote to give more money and power to unions. Eisenhower might have called it the “Union-Political Complex.” Its raw political power is the reason even...
  • UPDATED – Protesting Teachers Could Reap $9 Million from Taxpayers to Attend Rallies (w/fake note)

    02/22/2011 7:25:38 PM PST · by Libloather · 7 replies
    UPDATED – Protesting Teachers Could Reap $9 Million from Taxpayers to Attend RalliesAbsent educators may be paid to abandon students and march on the Capitol MacIver News Service | February 21, 2011 **SNIP** Updated: We’re analyzing costs at other districts whose schools were also closed due to mass sick-outs by teachers. The chart below reflects about one third of the number of districts that closed. We will be updating the chart throughout the week.
  • Connecticut’s Governor To Taxpayers: You’re Still Not Sacrificing Enough

    02/21/2011 6:57:27 PM PST · by Nachum · 25 replies
    big government ^ | 2/21/11 | Dr. Susan Berry
    As the entire nation confronts the problem of unfunded mandates and bloated government spending, individual states are doing the same. Republican governors Chris Christie (New Jersey) and Scott Walker (Wisconsin) are letting government unions know that they can no longer expect to receive the kind of benefits and pensions they were falsely promised by union leaders and past state politicians whose campaigns were funded by union coffers. These governors are handling the displaced anger of union members who are only beginning to experience a little of what private sector workers have known for years. They know that increasing taxes will...
  • 100% of readers think this story is Fact. Add your two cents. Is This How a President Should Act?

    02/18/2011 11:09:45 PM PST · by Robert Drobot · 20 replies
    Before It's News ^ | A.D. 18 February 2011 | Washington Post Editors
    The president's political machine worked in close coordination Thursday with state and national union officials to mobilize thousands of protesters to gather in Madison and to plan similar demonstrations in other state capitals. Their efforts began to spread, as thousands of labor supporters turned out for a hearing in Columbus, Ohio, to protest a measure from Gov. John Kasich (R) that would cut collective-bargaining rights. By the end of the day, Democratic Party officials were working to organize additional demonstrations in Ohio and Indiana....The White House political operation, Organizing for America, got involved Monday, after Democratic National Committee Chairman Timothy...
  • Illegals Cost Taxpayers $113 Billiona Year: Why Does No One Care?

    02/15/2011 3:06:49 PM PST · by Nachum · 35 replies
    Canada Free Press ^ | 2/15/11 | John Lillpop
    President Obama dumped a real dilly on Congress for Valentine’s Day. That being a $3.73 trillion dollar budget that actually increases the deficit in 2012, but which attacks the problem with tax increases later on. Tax increases? During a recession? Obama’s proposal confirms that the president remains stuck in the quagmire of a “learning curve” gone amuck. It also proves that his short-term memory is wonky as well. Does the date November 2, 2010 mean anything to you, Sir? What about the word “shellacking” ? Ring any bells?
  • Taxpayers Send Teachers To Vegas Resort

    02/08/2011 11:41:23 AM PST · by Nachum · 25 replies
    CBS Chicago ^ | 2/8/11 | Dave Savini
    The Chicago Public Schools system is suffering from a $700 million budget shortfall. So why did some educators travel to Las Vegas just days after a travel restriction was ordered? CBS 2′s Dave Savini and the Better Government Association investigated questionable spending of school tax dollars and how children are impacted. Former Scammon Elementary School teacher Laura Hoffman is angry that 14 of her Chicago Public School co-workers went on an all-expense paid trip to a Las Vegas resort and spa for a conference last year.
  • Who Are The Greatest Burden On American Taxpayers - Welfare Bums Or Government Employees?

    01/24/2011 8:17:39 AM PST · by pinochet · 58 replies
    In the 1970s, Ronald Reagan established a nationwide reputation as a friend of the taxpayer, by complaining about the large number of people on welfare. The term "welfare queen" came into popular use. However, Americans have never seriously debated the greatest burden that is on the shoulders of taxpayers. These are the millions of non-productive employees who work for the federal, state, and local governments, many of whom do nothing but sit on their butts all day. Whenever America experiences an economic recession, millions of people in the private sector lose their jobs. But the public sector employees never lose...
  • 'Lockdown, pay up' (IL work comp)

    01/18/2011 8:43:28 AM PST · by KeyLargo · 13 replies · 1+ views ^ | January 17, 2011
    Lockdown, pay up January 17, 2011 Here's something to digest with your big new Illinois income tax increase: You would assume that the Menard Correctional Center is a dangerous place to work. It does, after all, hold violent prisoners. You probably wouldn't assume that the biggest injury risk for the guards is locking and unlocking the doors. Or that this is costing you a lot of money. Illinois has paid out at least $10 million over the last three years in workers' compensation claims to employees at the southern Illinois prison. Much of the money has gone to corrections officers...
  • Report rips IRS 'torment' of taxpayers

    01/06/2011 8:35:02 AM PST · by Nachum · 25 replies
    Politico ^ | 1/6/11 | Jennifer Epstein
    The IRS is tormenting struggling taxpayers in the midst of the nation’s economic woes, the agency’s internal watchdog charged in a scathing report released Wednesday. Nina Olson, the national taxpayer advocate, charged that the Internal Revenue Service is increasingly using “hard-core” tactics such as liens to enforce tax laws, creating needless misery for taxpayers. The agency crackdown is “inflicting unnecessary harm” on hardworking Americans — even to the point of “torment,” Olson said in her report sent to Congress on Wednesday. Though she has flagged aggressive IRS liens in previous annual reports,
  • Lead Poisoning of children ads by EPA

    01/05/2011 8:17:59 PM PST · by bareford101 · 17 replies
    me | 12/05/11 | self
    Have you seen the every night and every day ads of the empty orange juice pitcher being filled up with golden fluid.... and then it is identified as being "lead in paint"? This "government paid for" ad states that 1 million people in the WORLD are affected (not just the US). Well, We, the Taypayers are paying for this AD!..... although it specifically says "in the WORLD". Last time I checked, we were not a UN NATION, but still AMERICA! I'm so sick of seeing government ads which we are paying for and advertising for "worldwide" problems? Give me a...
  • U.S. Must Give Convicts Lawyers To Fight Deportation

    12/28/2010 9:49:11 AM PST · by La Lydia · 45 replies · 4+ views
    Judicial Watch ^ | December 28, 2010
    Shy of her first anniversary on the federal bench, an Obama-appointed judge known for promoting “racial tolerance” has ordered U.S. taxpayers to provide criminally convicted immigrants with “diminished mental capacities” lawyers to fight deportation. The ruling is believed to be the first ordering government-financed legal representation in an immigration case. Foreign nationals embroiled in deportation proceedings must pay for their own attorney, unlike criminal defendants who get court-appointed lawyers—financed by American taxpayers—as part of due process when they can’t afford it. In this case a southern California federal judge, Dolly Gee, ruled that two area immigrants who are “mentally disabled”...

    12/21/2010 8:17:23 AM PST · by WOBBLY BOB · 12 replies · 1+ views
    Anoka County Watchdog ^ | 12-20-10 | harold hamilton
    Governor Pawlenty ignited a firestorm of public employee outrage and indignation this week when he rightly called them out for their oversized paychecks and gold-plated benefits. So what's the truth regarding AFSCME employees? What kind of pay and benefits do they get? Should they indeed be exempt from furloughs?
  • Declare ethanol a failure

    12/15/2010 7:32:27 AM PST · by george76 · 51 replies · 2+ views
    Scripps Howard News Service ^ | Dec. 14, 2010 | Dale McFeatters
    We've tried the ethanol experiment, and it's failed. Ethanol hasn't significantly affected our dependence on imported oil, nor has it significantly cut carbon emissions. It has, however, cost taxpayers a bundle, including raising food prices. Corn-based ethanol is uneconomic as a fuel, especially compared with gasoline and diesel. Ethanol requires mandates to make motorists use it and a generous subsidy of 45 cents a gallon to get refiners to produce it. Even if ethanol were a solution to any of our energy problems — and it's not — ethanol can be produced cheaper in countries like Brazil with abundant sugar...
  • Obama's Forcing Taxpayers to Fund Embryonic Research Gets Hearing

    12/06/2010 4:31:57 PM PST · by julieee · 1 replies ^ | December 6, 2010 | Steven Ertelt
    Obama's Forcing Taxpayers to Fund Embryonic Research Gets Hearing Washington, DC -- A federal appeals court held a hearing on Monday in a lawsuit filed seeking to overturn the executive order President Barack Obama issued forcing taxpayers to fund embryonic stem cell research.
  • At a Glance: What GM owes taxpayers

    11/17/2010 6:13:26 PM PST · by Nachum · 24 replies
    breitbart ^ | 11/17/10 | Associated Press
    When all the General Motors common stock in its initial public offering changes hands, the U.S. government will wind up $26.4 billion short of getting back the $50 billion it gave GM to get it through bankruptcy last year. But it also will have about 500 million shares left to sell. That means there's a possibility of recouping most, if not all, of the money. Here's how the numbers work: Original bailout: $50 billion. GM repaid loan portion, $6.7 billion. GM to buy back government preferred shares: $2.1 billion. GM repayment of government interest and dividends: $700 million. Total repayment...
  • GM IPO price increase is good news for taxpayers (Saving Union Jobs and votes, The Obama mission)

    11/16/2010 1:34:29 PM PST · by NormsRevenge · 30 replies
    AP on Yahoo ^ | 11/16/10 | Tom Krisker - ap
    DETROIT – Fueled by strong investor demand, General Motors is setting a higher share price for Thursday's initial public stock offering. The increase boosts the automaker's market value to $50 billion and moves its largest owner, the U.S. government, closer to recouping all the money it spent saving GM from ruin. But even with the increase, GM's value is still short of what the government needs to recoup the whole bailout. During the past two weeks, investor interest in GM has risen as the company's executives flew across the globe making sales pitches to big investors. The company has made...
  • Insanity or Ingenious?

    11/15/2010 9:58:06 AM PST · by Razzz42 · 8 replies
    Jim Sinclair's Mineset ^ | November 15, 2010 at 12:27 pm | Greg Hunter
    The Fed is trying another round of QE, even though the first instalment of $1.7 trillion did not work to actually repair the economy. We spent another $2 trillion in TARP and other stimulus that was, also, supposed to fix the economy. It’s a grand total of $3.7 trillion just in the last two years. (Some say it’s more than $12 trillion spent or committed.) All this money printing did inflate stock prices. It also helped out the big banks. It worked so well they are paying a record $144 billion in bonuses this year. What did the man on...
  • S&P: Freddie Mac, Fannie Mae Bailout Could Near $700 Billion

    11/04/2010 9:12:26 AM PDT · by Slyscribe · 16 replies
    IBD's Capital Hill ^ | 11/4/2010 | Ed Carson
    The taxpayer cost of bailing out mortgage finance giants Fannie Mae and Freddie Mac, already at $148 billion, will likely rise to $280 billion and could balloon to $685 billion, according to Standard & Poor’s: With a growing portfolio of unsold homes, a sluggish economy, stubbornly high unemployment, the prospect of rising foreclosures, and billions in legacy losses, it appears unlikely in our view that housing and mortgage markets will be able to operate normally without continuing and substantial government involvement.
  • The Financial Burden on Stations Grows (NPR's cost to local stations)

    10/22/2010 8:30:58 AM PDT · by libertarian27 · 5 replies
    RadioSutton ^ | May 17, 2010 | John Sutton
    Fifteen years ago, the cost of NPR Newsmagazines was capped at 10.2% of a station's total revenue. Today, under a different pricing model, the NPR Newsmagazines eat up as much as 19% of a station's total revenue. That's gross revenue. A more instructive story is told when the price of the NPR Newsmagazines is compared to the station's net cash revenue -- the revenue left after the cost of fundraising is accounted for. That number varies by station but is typically around 25%. One out of every four dollars an NPR News station spends each year is on the NPR...
  • Foreclosure Crisis

    10/08/2010 6:46:29 PM PDT · by Razzz42 · 13 replies
    The Daily Show with Jon Stewart ^ | Episode clips: October 7, 2010 | Jon Stewart
  • Redistributive Science, Another Subversive Ploy to Impoverish America

    10/06/2010 10:39:41 AM PDT · by La Lydia
    Weasel Zippers ^ | October 5, 2010
    So, get this.. “Space.. the final frontier” made it into State Dept.’s Rose E. Gottemoeller’s remarks to the Disarmament and International Security Committee of the United Nations General Assembly. She talked START, she talked Comprehensive Test Ban Treaty (CTBT), Chemical Weapons Convention (CWC), Biological Weapons Conventions (BWC), Fissile Material Cut-off Treaty (FMCT), and then she had this to say about our official Space Policy:(Remarks) In late June, the new U.S. national space policy was released by the Obama Administration. This policy reaffirms a commitment by the United States to cooperate with other nations to maintain the freedom of space and...
  • Fake Arizona Taxpayers Association Puts Up Dishonest Signs Opposing Propositions

    10/04/2010 10:33:28 AM PDT · by az4vlad · 8 replies
    Intellectual Conservative ^ | September 28, 2020 | Rachel Alexander
    A former Arizona Democrat Party chairman and a union boss are behind a sham taxpayers group that urges a no vote on all Arizona propositions, including Prop. 107 which would ban race and gender preferences. In reality, most taxpayer groups support voting yes on most of the propositions. There is a deceitful effort underway by the opponents of several Arizona ballot propositions. It is being run by a sham organization calling itself "Arizona Taxpayers Association." This front group is putting up bright red signs across Arizona that say "Vote No on All Ballot Propositions" and "Vote No on Propositions 106,...
  • U.S. tax money goes to Taliban

    10/01/2010 4:59:25 PM PDT · by goldendays · 2 replies ^ | September 30, 2010 | Colum Lynch
    U.S. tax money goes to Taliban A prominent U.S. contractor in Afghanistan may have inadvertently funneled millions of dollars in U.S. taxpayer dollars to Taliban insurgents in the form of bribes and protection money, according to a review by the inspector general of the U.S. Agency for International Development (USAID). The suspected payments were allegedly made by Afghan subcontractors of Development Alternatives, Inc. (DAI), a company based in Bethesda, Maryland that carries out USAID reconstruction projects in some of Afghanistan's most remote and risky war zones. Afghan representatives of the company in Jalalabad are also under investigation for charging kickbacks...
  • China rises and rises, yet still gets foreign aid

    09/27/2010 12:41:12 PM PDT · by goldendays · 14 replies
    Associated Press ^ | 09/27/2010 | GILLIAN WONG
    China rises and rises, yet still gets foreign aid BEIJING — China spent tens of billions of dollars on a dazzling 2008 Olympics. It has sent astronauts into space. It recently became the world's second largest economy. Yet it gets more than $2.5 billion a year in foreign government aid — and taxpayers and lawmakers in donor countries are increasingly asking why. With the global economic slowdown crimping government budgets, many countries are finding such generosity politically and economically untenable. China says it's still a developing country in need of aid, while some critics argue that the money should go...
  • Investigation: 140 Census Bosses Took Vegas Trip

    09/22/2010 10:35:34 AM PDT · by george76 · 12 replies
    CBS4 ^ | Sep 20, 2010 | Brian Maass
    the U.S. Census Bureau sent 140 administrators from Colorado and nine other Rocky Mountain and southwestern states to Las Vegas for several days to discuss "lessons learned" from the 2010 census that could be applied in the next census in 2020. The trip cost an estimated $100,000 in airfare, meals and hotel costs and is coming under withering criticism from a Colorado congressman. "It's impossible to argue this without saying these folks took a vacation and they took it at taxpayer expense," said Rep. Mike Coffman, a Republican congressman from Colorado. "I mean I think it's the equivalent of theft,"...
  • Teacher’s 41% Salary Increase Costs Taxpayers $1.3 Million in Extra Pension Payments (EACH!)

    09/21/2010 6:04:19 PM PDT · by Libloather · 8 replies
    Champion News .net ^ | 9/17/10 | Bill Zettler
    Teacher’s 41% Salary Increase Costs Taxpayers $1.3 Million in Extra Pension PaymentsWould you pay $15,000 over four years to get $1.3 million over the next 29? By Bill Zettler Posted: September 17, 2010 In my last article "Pension Insanity" I documented how some teachers can get pensions more than twice their salaries. Unfortunately for us taxpayers, that's not the end of the insanity. At many school districts, the last four years of a teacher's career is a goldmine of money. Most get 26% increases over the last four years (6%/yr compounded) and many get huge raises beyond that. Since pensions...
  • Could the Tea Party protest movement be on its way to a fed-up Britain?

    09/10/2010 12:47:49 PM PDT · by Niuhuru · 25 replies
    Daily Mail ^ | at 5:13 PM on 10th September 2010 | By Gerri Peev
    Britain could import the ‘insurgency’ tactics of the ‘Tea Party’ movement where government attempts to impose higher taxes have led to mass protests and threatened to derail conventional politics. The UK-based Taxpayers Alliance held talks with the FreedomWorks movement at a conference for right wing campaign groups in London. A new wave of ‘Tea Party’ protests, named after the uprising against the British state’s imposition of tax on tea imports to America in 1773, has swept the U.S. in the last 18 months. One million activists have marched on Washington to demand lower taxes. But the movement has also fielded...
  • Jim Sinclair’s Commentary

    08/24/2010 9:23:03 PM PDT · by Razzz42 · 2 replies
    Only one of the reasons that "QE to Infinity" is the only political choice that can be made. Things are moving fast. Gold will trade at $1650 and above. The trillion dollar bailout you didn’t hear about –Commercial real estate values plummet again yet banks hide losses. A $3.5 trillion financial disaster in the making. We are now proud owners of an AMC theater and Chick-fil-A. The latest data on existing home sales should tell you exactly where we are in this so called recovery. Average Americans are unable to purchase big ticket items without massive government subsidies. It is...
  • U.S. funds restoration of global Islamic sites

    08/24/2010 6:05:24 PM PDT · by 2ndDivisionVet · 10 replies
    The good-will tour of the Middle East by the imam behind the proposed mosque near ground zero is just part of the U.S. government's efforts to reach out to the Muslim world. This year, the Obama administration will spend nearly $6 million to restore 63 historic and cultural sites, including mosques and minarets, in 55 nations.
  • More Bad Economic News, Yet Here Comes ANOTHER Wall Street Bailout

    08/24/2010 3:01:57 PM PDT · by JohnRLott · 26 replies
    Fox News ^ | August 24, 2010 | John R. Lott Jr.
    Americans may be extremely upset about Wall Street bailouts, but President Obama isn't listening. Come September 7, President Obama will have Wall Street investment banks lining up for another huge bailout. But such a bailout will do little to stimulate the housing market and offset the latest 27.2 percent plunge in existing home sales. The Federal Housing Administration (FHA) will offer financial institutions holding mortgages worth more than the value of the houses, so-called "underwater" mortgages, a guarantee on 90 percent of the mortgage value if the institution will write-off 10 percent of the mortgage. These risky mortgages have been...
  • Taxpayers Must Cover Much of $3 Trillion State Pension Bills, Study Says

    08/20/2010 12:26:09 PM PDT · by Poundstone · 39 replies
    Kellogg School of Management ^ | August 20, 2010 | Joshua Rauh
    Taxpayers must cover at least a third of a $3 trillion bill for public employee pensions even if lawmakers eliminate cost-of-living increases and raise the retirement age, according to an academic study. “Even if states uniformly eliminated generous early retirement deals and raised the retirement age to 74, the unfunded liability for promises already made would still be more than $1 trillion,” Joshua D. Rauh, associate professor of finance at Northwestern University’s Kellogg School of Management in Evanston, Illinois, said in a statement.
  • Obama Admin Clears Itself on Illegally Lobbying for Abortion in Kenya

    08/13/2010 8:46:20 AM PDT · by julieee · 9 replies ^ | August 13, 2010 | Steven Ertelt
    Obama Admin Clears Itself on Illegally Lobbying for Abortion in Kenya Washington, DC -- The Obama administration has cleared itself of illegally lobbying for abortion in Kenya when it spent $23 million financing groups participating in the Yes campaign supporting the draft constitution Kenyans approved earlier this month that would essentially allow unlimited abortions.
  • You Are Public Servants- NOT Royalty!

    08/10/2010 7:14:44 AM PDT · by Brittany Pounders · 25 replies ^ | August 10, 2010 | Brittany Pounders
    It wasn’t until the gross details of Michelle Obama’s extravagant trip to Spain began to leak out that Americans started to sit up a little straighter and take notice. And with each little detail we got a bit more furious. The calculators have been pulled out and it is reported that Americans are paying a LARGE portion of this lavish $375,000 trip. In fact, reports are informing us that this little jaunt is costing us, the taxpayers, at least $75,000 a day. The White House is assuring us “not to worry” because Michelle is paying for her personal expenses. What...