Archive for December, 2014

Spending Money Like Uncle Sam


Saturday December 13th, 2014   •   Posted by Craig Eyermann at 9:12am PST   •   0 Comments

We’re always on the watch for neat and visual ways to describe the U.S. federal government’s spending and debt problems, which is why we were really impressed by the work that the Heritage Foundation’s Romina Boccia, John Fleming, and Spencer Woody put together to visualize just how much money is involved in human terms....
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Rising Interest Rates and the National Debt


Thursday December 11th, 2014   •   Posted by Craig Eyermann at 4:57am PST   •   1 Comment

Next week, the Federal Reserve is expected to send a clear signal that it will end its policy of holding short-term U.S. interest rates low sooner rather than later. Here’s coverage from the Wall Street Journal: Federal Reserve officials are seriously considering an important shift in tone at their policy meeting next week: dropping...
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EterniTax.Con


Wednesday December 10th, 2014   •   Posted by K. Lloyd Billingsley at 4:53am PST   •   0 Comments

Some taxpayers remain unaware that government-employee unions run the state of California, but the evidence is not hard to find. Sure enough, Joshua Pechthalt, president of the California Federation of Teachers, fired the first salvo to make a temporary tax hike permanent. “Proposition 30 is the best thing to happen to public education and...
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Covered California’s Berlin Wall


Monday December 8th, 2014   •   Posted by K. Lloyd Billingsley at 5:47am PST   •   3 Comments

As we have noted, Covered California is the Golden State’s wholly owned subsidiary of Obamacare and similarly dysfunctional, insecure, and wasteful. Even so, some people managed to sign up, the largest group ages 55 to 64. Now, according to Emily Bazar of the Center for Health Reporting, many are finding it impossible to leave....
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U.S. Postal Service Delivers Useless Smartphone App


Saturday December 6th, 2014   •   Posted by Craig Eyermann at 1:17pm PST   •   0 Comments

The U.S. Postal Service has been in increasingly severe fiscal trouble for years. With Americans increasingly turning to electronic communication services, and despite postage prices that have risen at double the rate of inflation since the end of World War I, the U.S. Postal Service (USPS) is increasingly finding it difficult to remain financially...
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The American Stasi Mounts a Surge


Wednesday December 3rd, 2014   •   Posted by K. Lloyd Billingsley at 4:58am PST   •   0 Comments

This column has provided much evidence that government has institutionalized waste, fraud and abuse. None is more chilling than what former CBS television journalist Sharyl Attkisson describes in her new book, Stonewalled: My Fight for Truth Against the Forces of Obstruction, Intimidation, and Harassment in Obama’s Washington. Unlike most of what emerges from the...
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Uncle Sam Couldn’t Wait


Tuesday December 2nd, 2014   •   Posted by Craig Eyermann at 6:37am PST   •   0 Comments

We had projected that it would be around December 9 when the total public debt outstanding of the U.S. government would reach $18 trillion. We were wrong. It reached that number eight days early. ZeroHedge marks the infamous occasion: Last week, total US debt was a meager $17,963,753,617,957.26. Two days later, as updated today,...
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Government Gasbag Punishes the Working Poor


Monday December 1st, 2014   •   Posted by K. Lloyd Billingsley at 8:57am PST   •   1 Comment

Gasoline prices are running at their lowest level in years, a great boost for embattled consumers with the holiday season approaching. Unfortunately, the ruling class isn’t about to let that continue. The ruling class operates on the superstition that the world is getting hotter, that this is entirely due to human activity, and that...
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