All posts tagged
Waste
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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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An Alpaca Named Stossel? (“Promises,” the show to which this refers, re-airs on Fox News this Sunday @ 8pm and 11pm ET)
I blogged this week about the angry response from many alpaca farmers after I reported on their tax benefits. One wrote in to call me a racist... continue reading »
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They’re Burning Your Money
The New York Times has a story about a “rare gift” that the National Science Foundation is giving to a theater company:
"… awarded a $700,000 grant to the Civilians, a New York theater company, to finance the production of a show about climate change... continue reading »
- TAGS
- Government
- Waste
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Real Reform, But Not in America
Every time something goes wrong in America, Obama and Congress use it as an excuse for more government. Is the economy failing? Spend $800 billion on government make-work. Are the automakers failing? The government takes them over. An oil well breaks?... continue reading »
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Ban Corporate Tax Havens?
On the Huffington Post, Arianna Huffington writes angrily about how big corporations take advantage of low tax rates overseas.
83 of the 100 largest publicly-traded companies in the country -- including AT&T, Chevron, IBM, American Express, GE, Boeing, Dow, and AIG -- had subsidiaries in tax havens… Morgan Stanley had 273 subsidiaries in tax havens… Citigroup had 427… Bank of America had 11... continue reading »
- TAGS
- Government
- Taxes
- Waste
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The Head Start Scam (II)
On my FBN show this week (which re-airs tonight at 10pm) I interviewed Greg Kutz, the director of Government Accountability Office's Special Investigations unit, about fraud he discovered in the government’s Energy Star certification program. Kutz's team managed to get the EPA’s seal of approval on things like a space heater with a feather duster taped on, and a gas powered alarm clock . Such exposes make the GAO my favorite government agency... continue reading »
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- Education
- Government
- Waste
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Politicians Never Learn
Weeks away from defaulting on their debt, Greek politicians promised the International Monetary Fund and the European Union that they would cut spending in exchange for a bailout. But politicians are politicians. They can’t stop spending... continue reading »
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Honoring Ike: Enough Already
That Washington DC has enough monuments to politicians is obvious to anyone except the free-spending politicians who think they're next in line. Now $100 million will be spent for a massive memorial to President Eisenhower... continue reading »- TAGS
- Government
- Waste
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No Experience Necessary
Our State Department has an unquenchable thirst for wasting our money... continue reading »- TAGS
- Government
- Waste
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