By the narrowest margin ever the Senate has confirmed Janet Yellen to head the Federal Reserve. She will be the first female Fed boss, but that’s not the news. As the New York Times put it, Yellen is “an influential proponent of the Fed’s extraordinary measures to revive the economy.” She told the Times…
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Obamacare does not fall short in ways to abuse Americans. It inflicts on them a grotesque federal plan based on paternalism and lies. Obamacare takes away from millions of Americans the health plans they chose, liked and wanted to keep. Obamacare subjects Americans to a dysfunctional and insecure website, built by crony incompetent contractors…
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One of the biggest unacknowledged psychological problems that many bureaucrats and politicians have goes by the initials BSOS, which stands for “Bright Shiny Object Syndrome”. This is the unfortunate condition that develops whenever a politician, attracted by the marketing behind the technological fads of the day, or perhaps just the campaign contributions being offered…
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While monitoring federal debacles such as Obamacare and the stimulus package, taxpayers should not lose sight of local governments such as Los Angeles County, whose population of nearly 10 million exceeds that of many states, with a bureaucracy to match. Los Angeles County once maintained something called the Office of Public Safety, a police…
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In 2009, Social Security began running in the red, as the amount of money the agency pays out in benefits each year began regularly exceeding the amount of money it takes in through taxes. Fortunately for those Americans who rely on income from Social Security, there was no cut in the amount of their…
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Once upon a time, in government bureaucrat-speak, “Section 8” referred to the kind of discharge from military service that applied specifically to individuals who were judged to be too mentally unfit to continue serving. Today however, when the term “Section 8” is thrown around, it typically refers a welfare program run through the U.S….
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2013 was a banner year for waste, fraud and abuse in government, with several strong contenders for the top ranking. Companies that got hundreds of millions of dollars under the federal stimulus package continued to go bankrupt, and the federal largesse failed to revive the economy. The Internal Revenue Service made life difficult for…
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President Barack Obama repeatedly told Americans that under Obamacare they could keep their health plan but that turned out to be an “incorrect promise,” as the New York Times famously put it. Obamacare took away Americans’ health plans by the millions, which was the plan all along. Obamacare mandates more expensive plans with weaker…
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There are all sorts of gems in the 2013 Wastebook, Senator Tom Coburn’s annual compendium of the most wasteful spending originating in Washington D.C. Here’s one we couldn’t pass up sharing! Outgoing U.S. Secretary of Transportation Ray LaHood ended his tenure describing the state of America’s roads as “one big pothole.” LaHood blamed a…
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The holiday season will be rough for many Americans, particularly those staring down the barrel of higher health insurance premiums due to Obamacare. The national and state economies are not exactly booming but for some city officials in California the Christmas stocking has been stuffed chock full all year. Recent data from the state…
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