Author Archive: Craig Eyermann

Craig Eyermann is a Research Fellow at the Independent Institute.
Full biography and recent publications

The Obama Spending Past and Future


Wednesday February 10th, 2016   •   Posted by Craig Eyermann at 5:51am PST   •   0 Comments

President Barack Obama released his final budget proposal for the U.S. government yesterday. We thought it might be fun to visualize the proposed spending in all his previous budget proposals, from his first to this last one, adjusting each for inflation so that they’re expressed in terms of constant 2009 U.S. dollars – the...
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Dealing in Bad Faith


Monday February 8th, 2016   •   Posted by Craig Eyermann at 6:00am PST   •   0 Comments

Watching U.S. territory Puerto Rico’s debt crisis is a lot like watching a train derail from its tracks in slow motion. Except with one important difference – it’s a train wreck where the locomotive operators’ best idea for dealing with it involves making it worse by setting the crashing train on fire. With that...
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The VA’s Institutionalization of Corruption Deepens


Saturday February 6th, 2016   •   Posted by Craig Eyermann at 2:33pm PST   •   0 Comments

When we last looked at the ongoing ethical saga of Kimberly Graves and Diana Rubens, the two executives at the troubled Department of Veterans Affairs’ Veterans Benefits Administration (VBA) who abused their power to displace lower ranking employees from their jobs so they could take them for themselves, complete with big relocation bonuses and...
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Obama Administration Manufactured Debt Ceiling Crises?


Monday February 1st, 2016   •   Posted by Craig Eyermann at 5:02am PST   •   0 Comments

Richard Pollack of the The Daily Caller News Foundation has something of a blockbuster news scoop out today. Here, documents obtained from the New York branch of the U.S. Federal Reserve by the U.S. House of Representatives’ Financial Services Committee would appear to confirm that the Fed was directed by U.S. Treasury Department officials...
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The Institutionalization of Corruption at the VA


Saturday January 30th, 2016   •   Posted by Craig Eyermann at 7:08am PST   •   0 Comments

The ongoing ethical meltdown of the leadership at the U.S. Department of Veterans Affairs took a new, nasty turn for the worse on Friday, January 29, 2016, as Kimberly Graves, who was “demoted” along with fellow VA executive Diana Rubens after having been found to have abused their power by securing cushy new jobs...
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The New Household Burden of National Debt


Wednesday January 27th, 2016   •   Posted by Craig Eyermann at 5:54am PST   •   0 Comments

After 7 full years in office, President Barack H. Obama has added an amount equal to $70,612.91 per U.S. household to the U.S. national debt. CNSnews‘ Terence P. Jeffrey does the math to back that figure up: The debt of the federal government increased by $8,314,529,850,339.07 in President Barack Obama‚Äôs first seven years in...
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What’s Really Driving Up the Nation’s Deficits?


Friday January 22nd, 2016   •   Posted by Craig Eyermann at 6:01am PST   •   0 Comments

Earlier this week, we looked at whether tax cuts were responsible for reversing the downward trend in the U.S. government’s projected budget deficits over the next 10 years, at least as is being repeatedly suggested by the mainstream media in its reporting on just-released analysis by the Congressional Budget Office. We said no, which...
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CBO: Fictional, Real Deficit Projections Converge


Tuesday January 19th, 2016   •   Posted by Craig Eyermann at 6:04pm PST   •   0 Comments

If you paid attention to the news from Washington, DC today, you might think that the cause of deficit reduction took a big hit today because of a number of tax cuts that were made permanent. Here’s how NPR reported the story: Once Upon A Time, Congress Cut Deficits; Now CBO Says That’s Over...
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VA Bureaucrats Not Getting the Message


Friday January 15th, 2016   •   Posted by Craig Eyermann at 7:10am PST   •   0 Comments

Imagine if you were a senior administrator at the troubled U.S. Department of Veterans Affairs. You’re well aware that your institution has developed an extremely large backlog of patients seeking medical treatment, where many former military service members wait for weeks and months before receiving any care, if they’re lucky enough to get any...
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Puerto Rico’s Stiffed Creditors Strike Back


Tuesday January 12th, 2016   •   Posted by Craig Eyermann at 6:47am PST   •   0 Comments

The ongoing saga of Puerto Rico’s debt problems blew up a lot bigger last week, as the U.S. territory defaulted on an additional $174 million of debt payments to its creditors on January 4, 2016, exactly five months after Puerto Rico’s government defaulted on its debt for the first time ever since the territory...
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