Archive for September, 2017

Stem Cell Scam Still Redistributing Money


Friday September 29th, 2017   •   Posted by K. Lloyd Billingsley at 2:20am PST   •   0 Comments

The California Institute for Regenerative Medicine is about to give $7.9 million to UC Davis, already the recipient of $131 million from CIRM, which David Jensen of the California Stem Cell Report describes as an “Oakland-based stem cell agency.” Near the end of his report, he helpfully notes CIRM was created by the 2004...
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Flying the Unfriendly Skies of the FAA


Thursday September 28th, 2017   •   Posted by K. Lloyd Billingsley at 9:15am PST   •   0 Comments

Back in 2001, terrorists flew U.S. airliners into the World Trade Center and the Pentagon, killing some 3,000 people and causing countless billions in damage. According to an investigation by Kelly Carr and Jaimi Dowdell of the Boston Globe, the Federal Aviation Administration listed two of those airliners still active four years later in...
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What Happens When the Emergency Reservoir Runs Dry


Thursday September 28th, 2017   •   Posted by Craig Eyermann at 6:09am PST   •   0 Comments

Several years ago, MyGovCost explored the concept of the national debt as kind of an emergency reservoir, which is an idea that we’re going to revisit today to apply to the unique situation in which the hurricane-devastated U.S. territory of Puerto Rico finds itself. What if, instead of being some seemingly intangible thing involving...
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GovClimateInquisition.Con


Wednesday September 27th, 2017   •   Posted by K. Lloyd Billingsley at 9:20am PST   •   0 Comments

Last year Senate Democrats launched a crusade against independent think tanks including the Cato Institute, Reason Foundation, Heartland Institute, the Hoover Institution, John Locke Foundation, Manhattan Institute and many others. This “web of climate denial,” charged Sen. Sheldon Whitehouse, Rhode Island Democrat, casts “a grim shadow over democracy” and a “filthy grip on our...
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Gold Plated UC Pensions Punish Parents, Students


Monday September 25th, 2017   •   Posted by K. Lloyd Billingsley at 11:00am PST   •   0 Comments

“I think this year’s higher tuition is just the beginning of bailouts by students and their parents. The students had nothing to do with creating this, but they are going to be the piggy bank to solve the problem in the long term.” That is Lawrence McQuillan, author of California Dreaming: Lessons on How...
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Does America Need a “Space Corps”?


Monday September 25th, 2017   •   Posted by Craig Eyermann at 6:36am PST   •   0 Comments

We’re coming up on the sixtieth anniversary of the old Soviet Union’s launch of its Sputnik satellite next month and the U.S.’ first successful launch of a satellite into Earth orbit in response one failed attempt and three months later. Since then, the U.S. has been to the Moon, launched dozens of probes across...
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How to Chip Away at the U.S. Government’s Debt to Apple


Thursday September 21st, 2017   •   Posted by Craig Eyermann at 6:40am PST   •   0 Comments

According to CNBC, Apple Computer has loaned the U.S. government over $52.6 billion, where if the company were a foreign country, it would rank 22nd among the major foreign holders of the publicly-held portion of the U.S. government’s total public debt outstanding. That amount is just 0.2% of the entire public debt outstanding as...
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California’s BOE Nepotistas Get a Promotion


Tuesday September 19th, 2017   •   Posted by K. Lloyd Billingsley at 1:40am PST   •   1 Comment

California’s Board of Equalization does not equalize anything, so even its name is misleading. It’s a tax agency, with a budget of more than $650 million, so no surprise that the BOE has misallocated $50 million in tax revenue and members use BOE events to promote their own careers, at taxpayer expense. State government...
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National Debt Passes Grim Milestone, but Growth Slows


Monday September 18th, 2017   •   Posted by Craig Eyermann at 6:42am PST   •   0 Comments

The U.S. government’s total public debt outstanding finally surpassed the grim milestone of $20 trillion on September 8, 2017, following President Trump’s surprising deal with Congressional Democrats to suspend the statutory debt ceiling through December 15, 2017. On that Friday, the national debt jumped by $317.6 billion to reach $20.16 trillion. The total public...
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Government Nearing Default on Debt to Russia


Thursday September 14th, 2017   •   Posted by Craig Eyermann at 6:15am PST   •   0 Comments

The government in question is that of Venezuela, which is nearing default as it is running out of resources to pay back the money it owes to its Russian creditors according to the terms it accepted when it chose to borrow money from them. MOSCOW, Sept 8 (Reuters) – Russian Finance Minister Anton Siluanov...
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