Government Waste and Fraud

VIDEO – ERSKINE BOWLES AND ALAN SIMPSON DISCUSSING THE U.S. DEBT CRISIS

DUKE UNIVERSITY – JANUARY 18, 2012 NOTE: TO BYPASS THE INTRODUCTIONS, CLICK AND SLIDE THE CIRCLE AT THE BOTTOM OF THE SCREEN OF THE VIDEO UNTIL YOU REACH THE PRESENTATION.

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CIVILIZATION IN REVERSE – VICTOR DAVIS HANSON

January 19, 2012 Civilization in Reverse By Victor Davis Hanson EXCERPT FROM THIS ARTICLE:  Now, as in Greece, the veneer of civilization is proving pretty thin in California. Hospitals no longer have the money to offer sophisticated long-term medical care to the indigent. Cities no longer have the funds to self-insure themselves from the accustomed

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GINGRICH OF FREDDIE MAC

DECEMBER 19, 2011 The Speaker’s defense is hurting him as much as his $1.6 million payday. Newt Gingrich’s opponents aren’t letting up in their criticism of his lucrative ties to the failed mortgage giant Freddie Mac after he resigned as House Speaker in the late 1990s. More damaging to his Presidential candidacy is that Mr.

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THE TOXIC TWINS – WHAT FANNIE AND FREDDIE KNEW

DECEMBER 23, 2011 What Fannie and Freddie Knew The SEC shows how the toxic twins turbocharged the housing bubble. Democrats have spent years arguing that private lenders created the housing boom and bust, and that Fannie Mae and Freddie Mac merely came along for the ride. This was always a politically convenient fiction, and now

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THE CELLULOSIC ETHANOL DEBACLE

DECEMBER 14, 2011 Congress mandated purchase of 250 million gallons in 2011. Actual production: 6.6 million. ‘We’ll fund additional research in cutting-edge methods of producing ethanol, not just from corn but from wood chips and stalks or switch grass. Our goal is to make this new kind of ethanol practical and competitive within six years.”

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CHINA’S BIND: HOW TO AVOID A CRASH LANDING

By TOM ORLIK ReutersResidential buildings under construction in the Kangbashi ‘ghost town’ in Ordos in Inner Mongolia, now hit by falling prices and unsold inventory. ORDOS, China—For a sense of the sharp policy shift China’s leaders have to orchestrate to avoid the world’s second-largest economy landing with a hard thud, look no further than this

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THE PUBLIC SECTOR UNIONS ARE THE NEW TAMMANY HALL

NOVEMBER 26, 2011 ‘The New Tammany Hall’ The historian of the American city on what Wall Street and the ‘Occupy’ movement have in common, and how government unions came to dominate state and local politics. By MATTHEW KAMINSKI New York ‘What has the country so angry,” says Fred Siegel, “is the sense that crony capitalism

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