What is the return on Antarctic Polar Research at $2 billion?

What is $2 billion buying for Americans? Here is an example of large government-serving enterprises consuming huge amounts of capital from the US taxpayers. Scientific research is a good thing generally, but...

On and on: taxpayers screwed again

How about just taking over some of these companies, like Exxon Mobil? Caesar Chavez may have gotten it right. " “Ten Giant U.S. Companies Avoiding Income Taxes SOURCE: http://goo.gl/5NGln"With federal...

U. S. Institute of Peace – did you vote for this?

http://www.usip.org/building/building.html What is it? I drive by it every day on the way into Washington DC from Arlington as the large construction project is along the Potomac River right as the...

How would you spend a billion dollars?

Shhhh.... Can you here the gasps?  I know I sure did, after finding out this morning that the security bill for the recent Olympic Games in Vancouver almost reached a whopping billion dollar mark!  So, I...

Women Ski Jumpers to Appeal to Supreme Court of Canada

Women ski jumpers are taking their appeal to the supreme court of Canada regarding their exclusion from the 2010 Olympics.  They are hoping that the Supreme Court of Canada will hear their appeal in time for...

The true cost of Trusts & Privatisation vs UK Taxpayers

Historically the provision of Public Services came under the direct control of the Gov to which it was both responsible and accountable in the eyes of its paymasters, that of taxpayers. What could a Gov do in being a constant focus of attention over failure, Public sector pay...

Britain 'to build £1m jail in Nigeria' for 400 prisoners

" British taxpayers are to provide £1million for a comfortable jail in Nigeria to take convicts whose crimes were committed in the UK. The prison would house 400 Nigerian inmates incarcerated in our own packed...

History lesson for economists in thrall to Keynes

The following report was published on Progress.org, with this introduction: Will America go the way of former indebted empires? We trim, blend, and append three 2009 articles from: (1) Taxpayers for Common Sense, The WasteBasket: A Bulletin on Wasteful Government Spending,...

It Will Take a Miracle for GM to Pay U.S. Back

I was impressed by What I Learned Today about the “bill of goods” that is being sold to the American taxpayer in the form of the government rescue of General Motors: $30.1 billion = 60 percent stake in New...

Financial Crisis Alarm

A final Wake-up Call: One should know that the real problem is more political than financial. The bums in Washington still could be straightened up - if they wanted to. The deficits and the economic downturn can...

Next stop on bailout train : State & Local Government Muni Bonds

" There have been no shortage of people with their hands out to the federal government over the past year.  State and local governments are no exception. Now they're back for more. The National League...

Chrysler won't repay bailout money

An administration official confirms that a $4 billion bridge loan and $3.2 billion in bankruptcy financing won't be paid back by Chrysler following bankruptcy. " Chrysler LLC will not repay U.S. taxpayers more than $7 billion in bailout money it received earlier this year...

ABC News: AIG systematically denies injury claims of Americans

Insurance giant AIG has angered Americans by receiving billions in bailout money and millions in bonuses, now a new report says that AIG often turns down the injury claims of American contractors who have lost...

No, Please .... Don't Call It a Bonus! It's a 'Retention Award'!

While CEOs of eight banks sat before Congress on February 11, 2009, one of the CEOs there from Morgan Stanley, attempting to justify their questionable actions after having received Troubled Asset Relief Program...

Obama, Watch Consumers And Learn

American consumers are being accused of closing their wallets. This is evidenced in three months of contracted spending into the end of 2008. The new year has brought more of the same, and consumers are being admonished for spreading “weakness.” Politicians, economists,...

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