Obama skirts rule of law to reward pals, punish foes – If Obamacare is so great, why do so many people want to get out from under it?
IRS staff committed tax credit fraud – More than 100 employees of the Internal Revenue Service cheated the government by fraudulently claiming a first-time homebuyer tax credit included in the 2008 and 2009 economic stimulus packages, according to federal investigators.
Chrysler repays $7.6B in government loans – With a few computer keystrokes, Chrysler Group LLC sent $7.6 billion to the U.S. and Canadian governments on Tuesday, paying off most of the bailout money that saved the company from financial disaster just two years ago.
General Motors Will Never Repay Taxpayers – Obama’s spin on GM’s latest profit report is pure baloney
Al Gore Got ‘D’ in ‘Natural Sciences’ at Harvard – In his commencement speech at Hamilton College on Sunday, former Vice President Al Gore told the graduates that global warming is “the most serious challenge our civilization has ever faced.” But as an undergraduate at Harvard University in the late 1960s, Gore–one of the most prominent spokesmen on climate change today–earned a “D” in Natural Sciences.
Dependency and Votes – by Thomas Sowell –
We don’t need to send the country into bankruptcy, in the name of the poor, by spending trillions of dollars on people who are not poor, and who could take care of themselves. The poor have been used as human shields behind which the expanding welfare state can advance.
The goal is not to keep the poor from starving but to create dependency, because dependency translates into votes for politicians who play Santa Claus.
Illinois on “verge of financial disaster”: treasurer – Even with a big income tax rate hike passed in January, Illinois is still spending about $5 billion more a year than it receives in revenue….LOL – IL needs even bigger tax hike?
The Daily Outrage: $90.5 million worth of the ‘Chicago Way’ of waste – One in seven of the group’s weatherization projects have failed inspections, and the work it has contracted out has been the subject of multiple complaints, the Chicago Tribune reports. What’s more, because the group is not part of the government, it is not subject to open-records laws.
Another Way To Curb Deficits – President Obama is increasing government spending even faster than the budget numbers imply. That’s because some of his increased spending is disguised as cuts in taxes.
Engineering Undergrads Reap Top Salaries – Many of the least popular majors, including naval architecture and marine engineering, command among the highest pay, while some popular subjects — elementary education and psychology — generate some of the lowest, according to the report.
What to Expect When You Start a Business – There are plenty of articles on how to start a small business, but few on what to expect. So here it is…
The U.S. fiscal solution: Follow Canada’s lead – by DAVID ROSENBERG
Canada did hit that debt wall nearly two decades ago as its deficits and debts became increasingly difficult to reverse.The federal government, both Liberals and Conservatives, borrowed and spent like drunken sailors for a long time. Similar actions unfolding in the U.S. today may well create the illusion of prosperity, but as any Canadian will tell you (or perhaps anyone from New Zealand a decade earlier), there is no such thing as a free lunch.