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The TSA Meets “Raiders of the Lost Ark”

Written by Gary North on May 11, 2012

Every bureaucacy wastes money. If it can spend money, it will. It doesn’t matter much on what. The TSA (Transportation Security Administration) has bought screening machines. It stores them in warehouses. It paid $184 million. There are two ways of looking at this. One way is to say “let’s get them installed.” The other wa […]

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It Pays to Be Dead: Federal Checks to Dead Employees

Written by Gary North on May 8, 2012

It may seem incredible, but the U.S. government has spent $120 million over the last five years to pay dead federal employees. Yet the government insists it is running a fiscally tight ship. Congress cannot seem to find ways to cut spending. In one case, a man died in 1971. His son collected his paychecks […]

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U.S. Goverrnment to Fund Video Game Production

Written by Gary North on May 7, 2012

The National Endowment of the Arts announced in 2011 that it will henceforth hand out grants up to $200,000 to designers of video games. You may have missed this. I thought you ought to know. I’ll be you did no know that the United States and the world need artistically certified video games. I’ll bet […]

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Defense Spending in 2013: $930 Billion

Written by Gary North on May 3, 2012

With “taxmageddon”scheduled to go into effect on January 1, it is time to consider spending cuts. This is what House Speaker John Boehner has insisted there must be. There are automatic cuts scheduled as a result of the last debate over the debt ceiling. I think these will be overridden by Congress. So, I think […]

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