Author Archive: K. Lloyd Billingsley

K. Lloyd Billingsley is Communications Counsel at the Independent Institute.
Full biography and recent publications

IRS Fails in Tax Fraud Fight


Monday July 29th, 2013   •   Posted by K. Lloyd Billingsley at 9:41am PDT   •   6 Comments

  As recent congressional hearings confirmed, the Internal Revenue Service can be very efficient when it comes to voter suppression. But when it tries to fight tax fraud the IRS is something of a bust, as the story of Carol Cooke confirms. Cooke has lived at her Long Island home for 37 years. In…
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Permanent Protection Racket


Wednesday July 24th, 2013   •   Posted by K. Lloyd Billingsley at 9:14am PDT   •   2 Comments

Last week Senate leaders struck a deal to preserve the filibuster but this was much more than a question of procedural traditions. The tradeoff called for confirmation votes on President Obama’s nominees to head various federal agencies. So the Senate proceeded to confirm Richard Cordray as the first permanent director of the Consumer Financial…
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Not Good Government


Monday July 22nd, 2013   •   Posted by K. Lloyd Billingsley at 9:50am PDT   •   0 Comments

We recently noted that government employee unions call the California capitol “our house.” Evidence is mounting that government unions do indeed own the place. Their mass rally in June was for a pay raise and to the surprise of nobody the politicians they worked so hard to elect gave them exactly what they wanted…
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Willful Waste and Destruction at the Economic Development Administration


Wednesday July 17th, 2013   •   Posted by K. Lloyd Billingsley at 8:50am PDT   •   1 Comment

It’s not clear how much economic development the federal Economic Development Administration, a division of the Commerce Department, actually produces. But the Commerce Department’s inspector general has some observations about the administration’s performance after a cyber attack that turned out to be bogus. “EDA’s persistent, mistaken beliefs resulted in an excessive response and ultimately…
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Department of Homeland Security Fails to Make Nation Secure


Monday July 15th, 2013   •   Posted by K. Lloyd Billingsley at 8:45am PDT   •   5 Comments

The National Transportation Safety Board says it will be months before they fully determine why Asiana flight 214 crash landed at San Francisco on July 6. The crash also disturbed other federal security agencies, for a strange reason. Bob Clifford, an aviation attorney whose firm has handled a number of air disaster cases, told…
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Government Makes “Affordable” Care Harder to Find


Wednesday July 10th, 2013   •   Posted by K. Lloyd Billingsley at 9:10am PDT   •   2 Comments

UnitedHealth Group, the nation’s largest health insurer, and Aetna, another major insurer, recently abandoned California’s individual health insurance market. This ran as a business story but it’s really about Obamacare. The companies’ departure from the individual market is clearly a response to the Affordable Care Act, and that departure has already made it harder…
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GovPensionPerk.con


Monday July 8th, 2013   •   Posted by K. Lloyd Billingsley at 7:59am PDT   •   6 Comments

Calculating the cost of government is a difficult task but as a general rule the costs will always be higher than taxpayers imagine. A California case shows why this is so. Pension plans, including those in government, include contributions by the employer and the employee. The employee contribution of Susan Muranishi, an administrator in…
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MediTrade.con: Ruling Class Profiteering Perk


Wednesday July 3rd, 2013   •   Posted by K. Lloyd Billingsley at 8:58am PDT   •   3 Comments

When something as big as Medicare makes decisions the consequences involve more than health care. For example, in April the Centers for Medicare and Medicaid Services (CMS) made a decision to increase funding to the private-sector Medicare Advantage program by $8 billion. That decision was worth billions to private health insurers, and as the…
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GovGasGreed.con


Monday July 1st, 2013   •   Posted by K. Lloyd Billingsley at 8:37am PDT   •   1 Comment

We noted in March that California’s Board of Equalization jacked up the excise tax on gasoline by nearly 9 percent, 3.5 cents, to 39.5 cents a gallon. That tax hike takes effect today, July 1, and has nothing to do with market forces. The Board of Equalization, a tax agency, approved the excise tax…
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GM Is Still Government Motors


Wednesday June 26th, 2013   •   Posted by K. Lloyd Billingsley at 9:10am PDT   •   5 Comments

In early June the government sold 30 million shares of GM, a move doubtless timed with GM’s return to the S&P 500 index, a position the auto giant lost in 2009 when it filed for bankruptcy reorganization. But as Business Week noted, as of April 30 the federal government still held 241.6 million GM…
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