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 image in…
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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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With all this excitement over national elections, taxpayers may have lost count of how much their state government is taking from them. Fortunately, veteran Sacramento Bee columnist Dan Walters has been keeping track. By his count, “California’s state and local governments hit us with about $250 billion in taxes every year, $6,000-plus per Californian.”…
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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 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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As we noted in 2014, the State Board of Equalization (BOE) headquarters in Sacramento has been dubbed the “Terror Tower,” with good reason. It has been plagued with invasive mold, leaking windows, burst pipes, unreliable elevators, falling glass and traces of toxic substances. Someone was looking the other way when this atrocity was built,…
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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’s first seven years in…
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The stylish new eastern span of the San Francisco–Oakland Bay Bridge cost $6.4 billion, about $5 billion more than the original estimate, and came in ten years late. As we noted two years ago, all that time and money could not prevent hundreds of leaks during the first winter storm. A supposedly watertight steel…
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As Tony Barboza notes in the Los Angeles Times, the California Coastal Commission is “the most powerful land-use agency in the nation” and some of the 12 commissioners want to fire the boss, Charles Lester. This action should serve as a timely reminder for Californians of the abuse they face at the hands of…
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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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