All posts tagged
Waste
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More Fake Farmers
Last year, Congress chose to give to give millions more dollars to black farmers who claim they were discriminated against by the US Agriculture Department -- I've reported that lots of the money goes to people who never farmed... continue reading »
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- Waste
- Freeloaders
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$16 Muffins
The New York Post headline reads: "$16 muffins hard to swallow"... continue reading »
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- Government
- Waste
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How to fire a government worker? Wait for death
How good is a government job? We all know that government workers get generous pensions, job security and health benefits.
Now a new USA Today analysis reports that it's almost impossible to lose a federal job... continue reading »
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Stimulating Waste
In his column today, Ezra Klein sums up Keynesian economics by saying that Keynes "taught us that although markets are usually self-correcting, they occasionally enter destructive feedback loops....In that situation, the role of the government is to break the cycle. Because businesses and consumers have stopped spending, the government breaks the cycle by spending."... continue reading »
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Stupid Rules
On my FBN show this week, we cover entrepreneurs, like the ones who created Intel, Genentech, Apple, Cisco, Microsoft. They created vast wealth and, of course, cool things. Is it coincidence that all that creation happened in San Francisco and Seattle, the two metropolitan areas farthest from Washington DC? I doubt it. Sadly, those company now spend millions on lobbying—millions that would be better spent on inventing.
We’d be better off if we just had fewer rules... continue reading »
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Government Failure Brings More Government
The Bureau of Indian Affairs once “lost” several billion dollars of money that belonged to American Indians. The BIA’s solution? They told Congress that they needed another $3 billion. Congress gave it to them.
Today, after a second LINK air traffic controller was caught asleep on the job, the FAA made this announcement:... continue reading »
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- Government
- Waste
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$38 Billion in Cuts? Not Even
Today’s Wall Street Journal says that the $38 BILLION in cuts that were agreed upon last week to keep the government from shutting down were actually more like $20 BILLION …once you account for some accounting scams.
That’s nearly 50% in accounting scams.
Nowhere in the private sector would we accept that kind of chicanery... continue reading »
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The Real Shirley Sherrod Scandal (TONIGHT On Fox News at 10PM ET)
Want to get a check from the government for $50,000? If you’re black and willing to say you once “attempted to farm,” the money could be yours. Why? In the 80’s and 90’s, some Black farmers were allegedly discriminated against by the Agriculture Department... continue reading »
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End Ethanol Now
The time to end the government powered ethanol subsidy has come… and gone… multiple times. It’s an expensive waste of money, and a GAO report confirms that if it is left unchanged, the
… annual cost to the Treasury in forgone revenues could grow from $5.4 billion in 2010 to $6.75 billion in 2015... continue reading »
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Congress Pays $500 Million For Worthless Rocket
The Orlando Sentinel reports this week on a particularly blatant piece of government waste... continue reading »
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