Posts Tagged ‘government spending’

Time to Eliminate the Consumer Financial Protection Bureau


Thursday October 26th, 2017   •   Posted by K. Lloyd Billingsley at 8:25am PDT   •   1 Comment

Corey Lewandowski, an outside advisor to Donald Trump, wants the president to fire federal Consumer Financial Protection Bureau boss Richard Cordray. Lewandowski doesn’t like CFBP rules that make it easier to sue finance companies, but firing Cordray will not be easy. He can only be fired for cause, and that entails a burden of...
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Bullet Train Tunnels a Deeper Hole for Taxpayers


Tuesday October 24th, 2017   •   Posted by K. Lloyd Billingsley at 4:31am PDT   •   0 Comments

Two years ago, as we noted, California’s high-speed rail project was facing 36 miles of tunnels through the mountains north of Los Angeles, a tectonically complex area abounding in earthquake faults. As independent experts observed, these tunnels would have been the most ambitious tunneling project in U.S. history, with 90% odds of massive cost...
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Government Pension Tricks Pillage Taxpayers


Thursday October 12th, 2017   •   Posted by K. Lloyd Billingsley at 11:15am PDT   •   0 Comments

As Lawrence McQuillan notes in California Dreaming: Lessons on How to Resolve America’s Public Pension Crisis, outlandish pensions for government employees have put state budgets in crisis and threaten the services taxpayers receive. In California, government employees could retire at age 55 with two percent of their salary for each year of state employment....
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Gov. Brown’s Tunnel Vision Gets More Costly and Corrupt


Friday October 6th, 2017   •   Posted by K. Lloyd Billingsley at 12:03pm PDT   •   2 Comments

As we noted, even with a single tunnel, Jerry Brown’s massive $16 billion “WaterFix” for the delta is a financial bust. According to Benefit-Cost Analysis of The California WaterFix, by Jeffrey Michael of the Center for Business and Policy Research at the University of the Pacific, construction costs, estimated at $16 billion, are still more than...
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Government Phones In Fraud and Waste


Wednesday July 5th, 2017   •   Posted by K. Lloyd Billingsley at 11:23am PDT   •   0 Comments

As the Washington Times reports, the “Obamaphone” program, a federal government welfare gambit officially known as the “Lifeline Program,” was a massive fraud. Of the 10.6 million people with Obamaphones, a full 36 percent had dubious qualifications for the handout. Some 5,500 people had two Obamaphones and the program gave 6,400 Obamaphones to people...
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California Expands Travel Ban Inequality


Friday June 23rd, 2017   •   Posted by K. Lloyd Billingsley at 1:07pm PDT   •   0 Comments

California has added Texas, Alabama, Kentucky and South Dakota to its travel ban. State attorney general Xavier Becerra made the announcement accompanied by representatives from the ACLU and Equality California, which apparently fancy themselves part of government. California’s AB1887, enacted last year, purports to ban state employees from travelling to states perceived to discriminate...
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California High-Speed Rail Rides No-Bid Gravy Train


Thursday June 22nd, 2017   •   Posted by K. Lloyd Billingsley at 9:42am PDT   •   1 Comment

California’s vaunted bullet train has yet to carry a single passenger but it has managed to make the news. As it turns out, the state’s High-Speed Rail Authority offered a contract extension of $3 million on a noncompetitive basis. In other words, it was a no-bid sweetheart deal. That emerged in a new report...
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Presidential Vacations Cost Taxpayers Nearly $100 Million


Thursday December 29th, 2016   •   Posted by K. Lloyd Billingsley at 9:41am PST   •   0 Comments

President Obama is vacationing in Hawaii, the state where he was born and spent his childhood. According to Anita Kumar of McClatchy News, this annual trip cost taxpayers $3.5 million and the total cost of the first family’s travel comes to $85 million, possibly $90 million when further records are released. All told, except...
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How to Score the Final Clinton-Trump Debate


Wednesday October 19th, 2016   •   Posted by K. Lloyd Billingsley at 9:18am PDT   •   0 Comments

With the revelations of the past weeks, the third presidential debate is sure to be one of the best shows in Las Vegas. Many observers have already had enough of the Clinton-Trump spectacle, but there are still some important things to look for. Observers might examine the candidates’ statements for some sense of the...
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Beware CDC Mission Creep


Tuesday December 29th, 2015   •   Posted by K. Lloyd Billingsley at 5:16am PST   •   0 Comments

The federal Centers for Disease Control and Prevention draws a budget of more than $11 billion for the purpose of, as the name implies, controlling and preventing diseases. The mammoth CDC, however, is always eager for mission creep. In the 1990s it spent $2.6 million to study “gun violence,” which is not, strictly speaking,...
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