Government Waste and Fraud

WHY ARE TAXPAYERS PAYING FOR WINE TASTING?

JUNE 15, 2011 At a time of crisis a wasteful federal agency gets $200 million more. By JIM DEMINT Long before there was President Obama’s stimulus, there was the Economic Development Administration. The EDA was created in 1965 with the same high-minded intent used to usher in the $814 billion stimulus bill in 2009. Set

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NC LAWMAKERS OVERRIDE HISTORIC PERDUE BUDGET VETO

By GARY D. ROBERTSON Associated Press Wednesday, June 15, 2011 A North Carolina state government budget written by Republicans that cuts taxes, scales back environmental controls and trims courts and dozens of agencies became law Wednesday despite Democratic Gov. Beverly Perdue’s arguments it would eliminate tens of thousands of jobs. The two-year spending plan took

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ELECTRIC CARS MAY NOT BE SO GREEN AFTER ALL, SAYS BRITISH STUDY

THE AUSTRALIAN Ben Webster From: The Times June 10, 2011 A Jaguar electric car goes on show at a preview event for the 2010 Los Angeles Auto Show. Picture: AFP Source: AFP ELECTRIC cars could produce higher emissions over their lifetimes than petrol equivalents because of the energy consumed in making their batteries, a study

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CALIFORNIA IS DROWNING IN STATE AGENCIES

WONDER WHY CALIFORNIA IS BROKE? These are all California State Agencies California Academic Performance Index (API) * California Access for Infants and Mothers * California Acupuncture Board * California Administrative Office of the Courts * California Adoptions Branch * California African American Museum * California Agricultural Export Program * California Agricultural Labor Relations Board * California

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BOOK REVIEW – RECKLESS ENDANGERMENT

JUNE 3, 2011 Home Truths To keep itself politically bullet-proof, Fannie Mae paid competing lobbyists to sit on the sidelines. By JAMES FREEMAN Reckless Endangerment By Gretchen Morgenson and Joshua Rosner (Times Books, 331 pages, $30) ‘The American people realize they’ve been robbed. They’re just not sure by whom,” write Gretchen Morgenson and Joshua Rosner

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OBAMA’S NEW SECRETARY OF SUBSIDY

JUNE 2, 2011 Secretary of Subsidy Obama’s Commerce nominee knows all about corporate welfare. President Obama nominated John Bryson to head the Commerce Department on Tuesday, praising the Californian as “a business leader who understands what it takes to innovate, create jobs and to persevere through tough times.” That’s one way of describing someone with

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THE SCHUMER THREE-STEP – THE DODD-FRANK FINANCIAL REFORM LAW

JUNE 1, 2011 How to vote for a law and then raise money by deploring its results. Another day, and another cheerleader for the 2010 Dodd-Frank financial reform law is deploring its 2011 impact. This time it’s New York Senator Chuck Schumer, who has spearheaded a letter from 18 Empire State Members of Congress to

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PEGGY NOONAN – ‘UNSUSTAINABLE’

MAY 27, 2011, 7:51 P.M. ET Word of the Decade: ‘Unsustainable’ Washington finally acknowledges the debt crisis. But can it act? By PEGGY NOONAN We’re at a funny place. The American establishment has finally come around, in unison, to admitting that America is in crisis, that our debt actually threatens our ability to endure, that

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SPAIN VOTE THREATENS TO UNCOVER SPANISH DEBT

MAY 20, 2011 As Socialists Risk Losing Key Areas, Economists Fear ‘Hidden’ Bills By JONATHAN HOUSE And SARA SCHAEFER MUñOZ ReutersDemonstrators fill up Madrid’s famous Puerta del Sol in a protest against authorities’ handling of the economic crisis on Thursday. MADRID—Weekend elections that threaten to drive Spain’s ruling Socialist party from power in several regions

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