No positive accomplishments? No problem. There are no sure things in politics, but Hillary Clinton is the closest thing to a sure thing to become the Democrats' candidate for president in 2016. This is one of the painful but inescapable signs of our time. There is nothing in her history that would qualify her for the presidency, and much that should ... MORE
Showing posts with label accounting. Show all posts
Showing posts with label accounting. Show all posts
Thomas Sowell: Hillary And History
No positive accomplishments? No problem. There are no sure things in politics, but Hillary Clinton is the closest thing to a sure thing to become the Democrats' candidate for president in 2016. This is one of the painful but inescapable signs of our time. There is nothing in her history that would qualify her for the presidency, and much that should ... MOREJeanne Sahadi: The New Debt Ceiling: $18113000000000
The suspense -- or rather, the suspension -- is over. The U.S. debt ceiling has been reset at $18.113 trillion, the Treasury Department said Tuesday. That new limit on public debt is about $1 trillion above where it stood in February 2014, when lawmakers decided to "suspend" the ceiling through this past weekend. That cool trillion reflects how ... MOREAP: Obama Relies On Accounting Tricks To Pad Numbers
by Andrew Taylor. President Barack Obama’s budget is relying on a series of familiar accounting tricks to show $1.8 trillion in deficit reduction over a decade, an amount that would shrink by almost half if they were excluded. But so-called “pay-go” rules officially require tax cuts and new spending on the mandatory side of the ledger to be balanced by ... MORECongress Poised To Order Audit Of Federal Reserve
by Stephen Dinan. Rand Paul takes on his dad's cause. After years of being blocked by Democratic leader Harry Reid, the Senate will finally get a chance next year to vote on legislation to force a broad audit of the Federal Reserve’s decision-making. Once championed in Congress by former Rep. Ron Paul, the push to force the country’s central ... MOREJohn Stossel: Taxing Life Away
It's tax time. I'm too scared to do my taxes. I'm sure I'll get something wrong and my enemies in government will persecute — no, I mean prosecute — me. So I hired Bob. Bob's my accountant. I like Bob, but I don't like that I have to have an accountant. I don't want to spend time keeping records and talking to Bob about boring things I ... MOREThe IRS Targeted Conservatives Because It Could
by Peter Suderman. The opening day excuse for the
IRS targeting conservative groups requesting tax exempt status was
that the IRS was facing an unusual influx of applicants. But that
turns out not to have been the case. Applications for tax exempt
501 groups didn’t surge in 2010. In fact, the
number of applicants was
down in every category from ... MOREGAO Now Investigating DHS Ammo Purchases
Why over a billion rounds? The Government Accountability Office tells Whispers it is now investigating large ammunition purchases
made by the Department of Homeland Security. Chuck Young, a spokesman
for GAO, says the investigation of the purchases is "just getting
underway." The congressional investigative agency is jumping into the fray ... MOREThe Accounting Trick That Will Haunt Public Pensions
Encouragement for riskier investments. State and local government employee pensions around the country are significantly underfunded. The Governmental Accounting Standards Board (GASB), which is the closest thing that comes to a regulator of public pensions, tells them, through its accounting rules, that the single best thing pensions can do to ... MORE
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