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$4 Million Earmark Leads to Senator’s Wife

Written by Gary North on July 17, 2012

Follow the money. That’s what the movie version of “Deep Throat” said in All the President’s Men. No one recalls how the phrase got into the script, including the script writer. But it’s a good rule. The Pentagon gets about $600 billion a year, not counting $88 billion for actually fighting wars. How easy is […]

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$3 to $5 Million Annual Junket for NIST Bureaucrats

Written by Gary North on July 17, 2012

The National Institute for Standards and Technology is a bureaucracy that deals with technical standards. It rarely gets any publicity. A Florida Congresswoman is now giving it publicity, all bad. It has a subdivision, the Manufacturing Extension Program. As with most Washington bureaucracies, no one in Congress has heard of it. Well, almost no one. […]

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Foreign Aid: Green Energy for Africa

Written by Gary North on July 10, 2012

The U.S. government plans to spend $20 million to “help clean energy projects in Africa get started.” There will be wind farms. There will be solar panels. Hillary Clinton has describd the program this way. “The U.S.-Africa Clean Energy Finance Initiative will help clean energy projects in Africa get started. This is an innovative partnership […]

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California’s High-Speed Train to Bankruptcy

Written by Gary North on July 9, 2012

California’s Democrats defeated Republicans on a straight party vote. They voted to begin phase one of a $68 billion high-speed train. This assumes that estimated costs do not rise. (Unlikely.) It also assumes that the state will not declare bankruptcy before the project is completed. (Also unlikely.) Governor Jerry “”Medfly” Brown pushed hard for this […]

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Government Spends $3 Million to Promote Food Stamps

Written by Gary North on July 5, 2012

The U.S. government is not content with 46 million Americans getting free food at taxpayer expense. It is spending money to get more Americans signed up. It has spent $3 million so far this year on radio ads. The food stamp program has been in operation ever since 1964. There are families that are fourth-generation […]

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Old MacDonald Had a Cash Cow: You

Written by Gary North on July 4, 2012

The Government Accountability Office (GAO)  monitors government spending. It has a lot to monitor. Of course, it cannot monitor more than a tiny fraction of the money that flows through Washington. How about this tidbit? The U.S. Department of Agriculture makes direct payments to farmers. In an 8-year period, 2003 to 2011, the USDA handed […]

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600 Pages of Pork

Written by Gary North on July 4, 2012

Members of Congress assure us that they are concerned about the level of federal spending. They assure us that they have every intention of bringing spending under control. Suuuuure they will. But not this year. Maybe next year. Or Possibly in 2023. A recent bill, H.R. 4348, passed in the House. It included money for […]

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Obama Personally Approves a $126 Million Loan to Vietnam

Written by Gary North on July 3, 2012

President Obama has personally approved of this loan by the government-run Export-Import Bank. By law, any Import-Export Bank loan above $50 million for a communist regime must be approved by the President. The money will be used by a telecommunications firm owned by the government. The money must be used to by a satellite manufactured […]

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