The award for worst company in the country goes to GM, for taking over $11 billion from taxpayers and then recalling over 5 million vehicles.
Here is the complete list of bailout losses. You may want to sit down before opening it.
On November 9th, 2014 the world celebrated the 25th anniversary of the fall of the Berlin Wall. The event not only led to the liberation of millions of people and the fall of the Soviet Union, but it effectively ended a near 50 year old cold war nuclear standoff between the USSR and the United…
The idea that higher revenues can be raised by lowering tax rates seems counter intuitive to many. In fact, politicians who campaign on lowering taxes are often derided as liars, especially in light of budget deficits. It is often asked: how can anyone promise to cut taxes when the government is already short on revenue?…
Photo by swanksalot 10. Social Security IT project wastes several hundred million dollars The Social Security Administration’s (SSA) project to update their system for tracking disability claims is two years from completion.That’s what SSA said 6 years ago in 2008. What is their update on the project? In 2014, SSA’s plan to update their system…
10. Priming the Big Election Control of Congress is undoubtedly important, but what people don’t understand about midterms is how the local contests affect the presidential election. Party control of local politics means a red carpet and support for that party’s presidential nominee when the time comes. One need only look to the Iowa caucuses…
10. Red Herring A debater will attempt to distract the audience from the issue at hand by raising another issue. “My policies aside, my opponent once managed a factory that closed down and people lost their jobs.” The debater is refusing to address question concerning his policies and instead focuses attention on a perceived weakness…
Photo by notbeinggoverned Second, exclusivity must be ruled out in light of the clear language of the Ninth and Tenth Amendments; powers may be delegated to the United States, but only if stated explicitly are they to be denied to the several States or to the people. Third, competition does not constitute interference or obstruction….