Tag Archive for Government

The Revolving Door Between D.C. & Wall Street

This is unsettling. Definitely click through and read it all. Quite an eye-opener. Via Nassim Taleb. Where Bank Regulators Go to Get Rich – Bloomberg: No need to worry about her and the so-called revolving door between government and Wall…

Keep A Close Eye On Your Retirement, They Want It

I’ve been saying this is coming for a while now (here, too). It’s only a matter of time before they get a twinkle in their eyes at the thought of getting their hands on any retirement money you have saved (401k, retirement, etc.). It’s never enough…

Three On The Sequester: Sowell, Boudreaux, & Gillespie

Two good reads. Nick Gillespie: 5 Scenes from a Sequestered America – Reason.com: “We’re not quite yet a week into the sequester,” writes Reason’s Nick Gillespie, who notes that just this morning he received an Obama fundraising email that called…

A Couple on Detroit, Not Good News …

This is not good. First, taxes. Half of Detroit property owners don’t pay taxes – The Detroit News: Detroit — Nearly half of the owners of Detroit’s 305,000 properties failed to pay their tax bills last year, exacerbating a punishing…

When Is A Cut Actually An Increase?

When you’re the government. Only in that world can this kind of sophistry make sense. The $995 billion Sequester Cut Is Actually a $110 Billion Spending Increase – Forbes: The Congressional Budget Office gives its baseline budget projections for fiscal years…

A USPS Update: Who Is Lobbying & Why?

The US Postal Service “lost $15.9 billion last fiscal year and an additional $1.3 billion in the quarter that ended Dec. 31.” Why is a federal government agency lobbying? Makes you wonder if some people view the USPS as primarily a make-work…