Showing posts with label spending. Show all posts
Showing posts with label spending. Show all posts

Monday, February 14, 2011

Tuesday, January 18, 2011

Bankruptcy Of U.S. Is ‘Mathematical Certainty,’ Says Professor & Former CEO Of Nation's 10th Largest Bank

John Allison, who for two decades served as chairman and CEO of BB&T, the nation's 10th largest bank, told CNSNews.com it is a “mathematical certainty” that the United States government will go bankrupt unless it dramatically changes its fiscal direction.

“Now, countries don’t go bankrupt the way companies do,” said Allison. “They don’t file bankruptcy. They usually hyper-inflate. They print a bunch of paper money, or they become Third World economies like Argentina--unless we change direction. So, we absolutely have to change direction. And the irony of that is it requires an interesting combination. It requires both discipline, but it also requires a focus on growing our economy. And it means a fundamental philosophical change from where we are today, from the idea of redistributing wealth to the idea of creating wealth.”

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Saturday, January 15, 2011

America has fallen again in Index of Economic Freedom

"Last year, I reported that the United States fell from sixth to eighth place -- behind Canada -- in the Heritage Foundation/Wall Street Journal's 2010 Index of Economic Freedom. Now, we've fallen further. In the just-released 2011 Index, the United States is in ninth place. That's behind Hong Kong, Singapore, Australia, New Zealand, Switzerland, Canada, Ireland and Denmark." -John Stossel

Cmon we can do better than this. I thought America was the leader of the free world.

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Sunday, May 25, 2008

2 whistle-blowing agents sue Patrol, alleging retaliation

By Howard Fischer |AZStarnet.com

Two Border Patrol agents assigned to Southern Arizona are suing the agency, accusing the Tucson Sector chief of illegally retaliating against them for publicly exposing illegal practices.
The lawsuit, filed Wednesday in U.S. District Court, says Robert Gilbert suspended the law-enforcement powers of agents Juan Curbelo and William Leafstone Jr. because they publicly disclosed a Border Patrol practice of "shotgunning," which, according to the lawsuit, involves stopping vehicles without reasonable suspicion a crime has been committed.

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Wednesday, April 02, 2008

Citizens Against Govt Waste 2008 Congressional Pig Book

The Congressional Pig Book is CAGW's annual compilation of the pork-barrel projects in the federal budget. The 2008 Pig Book identified 11,610 projects at a cost of $17.2 billion in the 12 Appropriations Acts for fiscal 2008. A "pork" project is a line-item in an appropriations bill that designates tax dollars for a specific purpose in circumvent

read more | digg story

Quotes

"In questions of power, then, let no more be heard of confidence in man, but bind him down from mischief by the chains of the Constitution." -- Thomas Jefferson