This outcome does not require a plan. In a recent article, “How to Defeat Your Enemies,”
SLL maintained that governments and their people were natural enemies,
and that the most powerful adversarial tactic is “getting one’s enemies
to fool themselves.” The article detailed the effective use of this
tactic by Osama bin Laden and al Qaeda. ... MORE
Showing posts with label spending. Show all posts
Showing posts with label spending. Show all posts
Steven Greenhut: California's Deep Debt Problems
The bureaucratic pension burden. For those who wonder about the practical importance of transparency, I
offer as evidence the latest result of a modest rule change in
California from a mind-numbingly named organization—the Governmental Accounting Standards Board,
or GASB (pronounced Gaz-bee). The group's stated goal is to promote ... MORE
Labels:
budget,
bureaucracy,
California,
debt,
politics,
spending,
transparency,
unfunded liabilities
The Decline Of America's Economic Freedom Under Obama
by Anthony B. Kim. Millions of people around the world are emerging from poverty thanks to rising economic freedom. But by sharp contrast, America’s economic freedom has been on a declining path over the past decade. According to the 2016 Index of Economic Freedom,
an annual publication by The Heritage Foundation, America’s economic ... MORE
Labels:
bailout,
capitalism,
crony capitalism,
debt,
economics,
government,
regulation,
spending,
tax
Pete Kasperowicz: National Debt Hits $19 Trillion
Only Rand Paul would halt the spending. The national debt hit $19 trillion for the first time ever on Friday, and came in at $19.012 trillion. It took a little more than 13 months for the debt to climb by $1 trillion. The national debt hit $18 trillion on Dec. 15, 2014. That's a slightly stepped-up pace compared to the last few $1 trillion mileposts. ... MORE
The Congressional Budget Office Foresees A $30 Trillion Debt As A Result Of Looming Tax Hikes And Obamacare
by Stephen Dinan. The federal government will be flirting with $30 trillion in debt within a decade, the Congressional Budget Office
reported Monday, blaming an aging population, new spending and tax cuts
approved on Capitol Hill, and the growing burden from Obamacare for
erasing the progress Washington had made over the past few years. ... MORE
Labels:
CBO,
debt,
economics,
federal,
government,
ObamaCare,
spending,
tax rates,
unfunded liabilities
Veronique de Rugy: The Government Wasted Tons Of Money On 'Shrimp Fight Club' And A Million Other Things
Waste, fraud, abuse, and monkeys on hamster wheels. In honor of the release of the new Star Wars movie, Sen. Jeff Flake
(R-Arizona), subtitled this year's "Wastebook" as "The Farce Awakens."
The latest edition of this annual report details 100 spending
programs—totaling $108.5 million—that are a complete waste of your
money. ... MORE
Labels:
accountability,
CBO,
entitlements,
government,
nitwittery,
programs,
research,
spending,
waste
Peter Suderman: Democrats And Republicans Team Up To Bust The Budget With A $1.8 Trillion Spending Package
Politicians indulge themselves at taxpayer expense. One way to understand the massive federal spending package is as a compromise between Republicans and Democrats to ignore the deficit. The deal is made of two different elements—a 2,009-page omnibus that folds in 12 appropriations bills and calls for $1.1 trillion in spending, ... MORE
NSA Phone-Snooping Program Didn’t Prevent Any Attacks
By David Sherfinski. Sen. Rand Paul of Kentucky said Monday that the NSA’s phone-snooping program didn’t catch any terrorists or prevented any attacks, breaking from several of his 2016 GOP presidential rivals, including New Jersey Gov. Chris Christie, who have described the program as an effective tool in the fight against terrorism. “There will ... MORE
Lawrence J. McQuillan: Cutting Government Down To Size
#1 reason to elect Rand Paul. The GOP debates so far have shown that the Republican presidential candidates are far from united on how best to boost the economy. Tax and regulatory reform are critical. But as a first step they should consider following the path Democrats took immediately after World War II: shrink the government. During ... MORE
Labels:
central planning,
economics,
GDP,
government,
history,
Republican,
spending,
tax rates,
WWII
Michael Lewitt: The Economy Is Coming Unglued
Signs that the wheels are coming off the wagon. Commodity prices are plunging, the dollar is powering higher, Obamacare is collapsing, economies everywhere are faltering, and terrorism is spreading across the globe. That’s bad news. Unless you happen to be among the stock market investors who in the U.S. spent the last week bidding up stock ... MORE
Some Members Of Congress Want To Stop Squandering Tax Money On The DEA's Failed Marijuana Eradication Program
by Christopher Ingraham. The Drug Enforcement Administration is not having a great year. The chief of the agency stepped down in April under a cloud of scandal. The acting administrator since then has courted ridicule for saying pot is "probably not" as dangerous as heroin, and more recently he provoked 100,000 petition-signers and seven ... MORE
Labels:
cannabis,
Congress,
DEA,
drug war,
marijuana,
politicians,
prohibition,
spending,
taxpayer,
waste
National Debt Spikes $578 Billion In Three Weeks
By Pete Kasperowicz. Spending frenzy after debt ceiling suspension. The national debt has surged more than half a trillion dollars in the last three weeks, as the suspension of the debt ceiling in late October has allowed the government to borrow as much as it wants. Before the debt ceiling was suspended, the national debt stood at $18.15 ... MORE
Feds Collect Record 2015 Tax Haul: $19,346 Per Worker
by Michael Lotfi. Gov't overspent by nearly $530 billion anyway. According to a monthly treasury statement, through the first eleven months of fiscal year 2015 (Oct. 1, 2014 – end of August), the United States federal government has collected a record-breaking haul in tax revenue. In total, the feds have collected over $2.8 trillion so far, which ... MORE
Labels:
debt,
deficit,
entitlements,
fiscal cliff,
government,
policy,
politics,
revenue,
spending,
tax
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