Archive for December, 2014

Unaccountable, That’s What You Are


Wednesday December 31st, 2014   •   Posted by K. Lloyd Billingsley at 5:44am PDT   •   0 Comments

This column alerts taxpayers to government waste, fraud and abuse, which abound at all levels. On those rare occasions when government bodies do the same, it’s certainly worth a look. As Jon Ortiz notes in the Sacramento Bee, “Nearly two-thirds of California state government data systems checked by auditors over two years contained unreliable...
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Restarting the Clock on Old National Debts


Tuesday December 30th, 2014   •   Posted by Craig Eyermann at 5:26am PDT   •   0 Comments

How long does it take to pay off a nation’s debt? It would seem that once a nation racks up loads of national debt, it can take hundreds of years to actually pay off and settle the bonds it issued when it originally racked up the debt! Or rather, it can take hundreds of...
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The Cancelation Inherent in the System


Monday December 29th, 2014   •   Posted by K. Lloyd Billingsley at 5:45am PDT   •   1 Comment

Covered California is the wholly owned subsidiary of the federal Affordable Care Act, also known as Obamacare. As we noted, Covered California offers tax credits to those who enroll, but when those people reach 65 and go on Medicare they are no longer eligible for the tax credits. Trouble is, they find it practically...
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Closed For and After Christmas


Friday December 26th, 2014   •   Posted by Craig Eyermann at 5:34am PDT   •   0 Comments

The federal government’s bureaucrats are getting the rush delivery of a new and fully paid holiday from Santa this year! President Barack Obama signed an executive order back on December 5, 2014 giving all federal government employees an extra paid holiday this year on Friday, December 26, 2014. Federal employees will be delighted to...
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Social Security Scrooge Abuses Children


Wednesday December 24th, 2014   •   Posted by K. Lloyd Billingsley at 5:37am PDT   •   2 Comments

As we have noted, the federal Social Security Administration has not been hesitant to hand out money to old Nazis, or to the dead. But as Mark Fisher of the Washington Post confirms, Social Security bosses are now mounting a surge to grab money “from the children of people who were allegedly overpaid benefits...
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U.S. Treasury Employees Swindle Taxpayers


Tuesday December 23rd, 2014   •   Posted by Craig Eyermann at 7:10am PDT   •   0 Comments

Want to know what it’s like to work for the part of the U.S. Treasury Department that is responsible for managing the public debt of the U.S. government? The Washington Examiner‘s Luke Rosiak broke a big story earlier this year: Officials in two Treasury Department bureaus fraudulently enriched themselves at taxpayer expense, according to...
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Feds Back Bullet Train Boondoggle


Monday December 22nd, 2014   •   Posted by K. Lloyd Billingsley at 5:06am PDT   •   2 Comments

California’s vaunted $68 billion “bullet train” is a big hit with politicians eager as always to spend taxpayers’ money. The bullet train, however, will be slower and more expensive than air travel, and in a high-tech state few if any commuters are panting for an essentially 19th century form of transportation. Sold as a...
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Social Security Reform Needs More than De-Nazification


Wednesday December 17th, 2014   •   Posted by K. Lloyd Billingsley at 5:46am PDT   •   2 Comments

As we noted, the U.S Social Security system has been sending millions of taxpayer dollars to former Nazis, including death-camp guards and members of the SS. Congress has responded with the No Social Security for Nazis Act. The Social Security Administration has also dished out some $30 million to at least 1,546 dead people,...
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The Government


Tuesday December 16th, 2014   •   Posted by Craig Eyermann at 9:01am PDT   •   0 Comments

What do the people who work for the government really do? Last year, we featured the first of three fun videos put together by BankruptingAmerica, which was inspired by the television comedy The Office. Set in the Department of Every Bureaucratic Transaction (or D.E.B.T.), the videos provide a funny take on how the government’s...
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A Hit Show for Waste, Fraud, and Abuse


Monday December 15th, 2014   •   Posted by K. Lloyd Billingsley at 8:46am PDT   •   0 Comments

Seldom does government waste, fraud, and abuse emerge in the kind of three-legged race Americans recently witnessed on C-SPAN as Obamacare architect Jonathan Gruber teamed with Centers for Medicare and Medicaid Services boss Marilyn Tavenner to enlighten congressional watchdogs on the subtleties of Obamacare. In riveting testimony, Gruber confirmed that Obamacare was sold on...
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