Showing posts with label Federal Government. Show all posts
Showing posts with label Federal Government. Show all posts

Sunday, December 14, 2014

Perpetual debt

December 14, 2014 Debt , Federal Government 0 Comments
Paying Down The Debt Is Now Almost Mathematically Impossible

By Tyler Durden, Dec. 12, 2014, Zero Hedge

They succeeded in 1913 when the Federal Reserve Act was passed and the 16th Amendment ratified, binding the country in the shackles of central banking and taxation of income.

Over the century that followed, the US has gone from being the biggest creditor in the world to its biggest debtor.

Decades of expanding government programs, waste, endless and costly wars, etc. have racked up such an enormous pile of debt that it has become almost impossible to pay it down.

Read more: www.zerohedge.com


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Pork for...pork

December 14, 2014 Christopher Doering , Des Moines Register 0 Comments
U.S. Spending Bill Includes Money To Fight Pig Virus

Christopher Doering, Dec. 10, 2014, Des Moines Register

Buried deep within the 1,603-page annual spending package expected to be approved this week in Congress is $2 million to address the Porcine Epidemic Diarrhea, a virus that has ravaged the country's hog herd.

The funds, while a small fraction of the $1.01 trillion spending bill, would be used for research and surveillance, the federal government said.

Read more: www.desmoinesregister.com

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Thursday, December 4, 2014

Taxpayer rip off alert!

December 04, 2014 EPA , Federal Government 0 Comments
EPA Staffers Linked To 'Alleged Serious Misconduct,' Agency Reveals

George Russell, Dec. 2, 2014, Fox News

Eight Environmental Protection Agency employees who racked up a total of more than ten years’ worth of paid “administrative leave” between 2011 and 2014 -- valued at more than $1,096,000 -- apparently did so because they were involved in “cases of alleged serious misconduct,” Fox News has learned.

Read more: www.foxnews.com



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Monday, April 21, 2014

Examiner: The 'Soft Despotism' Of Regulation Imposes High Costs --Rarely discussed by media, costs rarely quantified

April 21, 2014 Competitive Enterprise Institute , Democracy 0 Comments
By Washington Examiner, Opinion, Apr. 18, 2014

Wayne Crews of the Competitive Enterprise Institute and Alexis de Tocqueville, author of the classic Democracy in America, were born in different times and places. But the French aristocrat and American think tanker have the measure of the federal behemoth in the age of Obama. Writing in 1835, Tocqueville eloquently predicted how it would function, while Crews today supplies in his annual compilation of federal rules and regulations, “10,000 Commandments,” the hard numbers that describe the behemoth's contemporary reach and costs.

It is always worthwhile to revisit de Tocqueville’s description of what he called the “soft despotism” of an America ruled by a bureaucratic master:

After having thus successively taken each member of the community in its powerful grasp and fashioned him at will, the supreme power then extends its arm over the whole community. It covers the surface of society with a network of small, complicated rules, minute and uniform, through which the most original minds and the most energetic characters cannot penetrate, to rise above the crowd.

The will of man is not shattered, but softened, bent, and guided; men are seldom forced by it to act, but they are constantly restrained from acting. Such a power does not destroy, but it prevents existence; it does not tyrannize, but it compresses, enervates, extinguishes, and stupefies a people, till each nation is reduced to nothing better than a flock of timid and industrious animals, of which the government is shepherd.

Crews’ new edition will appear later this month, but some of the new data is available now. Federal departments and agencies, for example, issued 3,659 “final” rules in 2013 and an additional 2,594 “proposed” rules. As a result, there were 26,417 pages of new regulations published in the Federal Register in 2013, a new record. The total of all pages published by the Federal Register in 2013 came to 79,311, the fourth highest ever recorded.

Read the full story:  www.washingtonexaminer.com
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