By marfdrat on November 23, 2013
Is it a cultural thing, or some kind of old wives’ tale, passed down through the generations that taught us not to eat the “core” of the apple? Is there really a core?
By marfdrat on March 1, 2013
Wile E. Obama, CEO of the ACME Economic Destruction Co. is busy telling anyone who will listen that the budget cuts automatically enforced by sequestration will be a disaster. Cutting 2.2 percent of our enormous federal budget will precipitate disasters on many fronts, and -of course- it’s the Republican’s fault. Charles Krauthammer examines how the inside-the-beltway crowd wants the benighted masses to think about it. Thanks to increases in the payroll tax, we all get to tighten our belts this year, but the government – there’s no way it can survive these cuts.
Posted in Economics & Politics | Tagged acme economic destruction co., budget, cuts, deficit, federal spending, firemen, Government waste, meat inspectors, obama, overlap, sequester, taxes, teachers, TSA, waste, wile e obama | 1 Response
Meaningless Security Theater Officials Continues to Harass Americans Critical of Meaningless Security Theater
By marfdrat on January 7, 2013
The TSA is a colossal government-spending boondoggle that’s not keeping us safe. Here’s another example of how they harass journalists that criticize their useless shenanigans.
Traveling to New York to appear on CNN’s Piers Morgan Tonight, Jones had already showed his ID as he approached the metal detector. Jones and colleague Rob Dew noticed that a large number of people across all age ranges were not removing their shoes as they walked through the metal detector. The x-ray body scanners were not in use.
By marfdrat on September 9, 2011
Not surprising. The President offered a re-hash of Porkulus to the tune of $450 billion (or more – who knows? the bill hasn’t even been written yet), with no plan for how to pay for any of it, except the tired “tax a few of the wealthiest” prescription.
By marfdrat on September 4, 2011
It speaks volumes about Barack Obama’s priorities that hundreds of billions of stimulus funds were pissed down a “shovel-ready” jobs toilet, and $4.2 billion in tax credits go to illegal aliens, but we can’t seem to find $3 billion to continue NASA’s manned space program. Doug Ross has a good post about it (my bold emphasis):
By marfdrat on May 18, 2011
From Hot Air:
The debate over Newt Gingrich’s comments have breathed new life into the conflict between central planning and free-market approaches to public policy, especially on existing entitlements. Dan Mitchell explains in his latest video for the Center for Freedom and Prosperity that central planning has been the problem, and it can’t be the solution. The escalating costs associated with Medicare come from a lack of pricing signals to consumers, a problem that exists throughout most (but not all) of the health-care sector. The oft-cited “waste, fraud, and abuse” (WFA, for short) play a role as well, but that exists because of the nature of central planning and government intervention, not despite it.
Posted in Liberty & Freedom | Tagged abuse, Cato Institute, Center for Freedom and Prosperity, department of health and human services, Fraud, free market, HHS, medicaid, medicare, stupid government waste, waste | Leave a response
By marfdrat on March 1, 2011
The big question will be: is anybody going to do anything about it? The Wall Street Journal has received an advance copy of a Government Accounting Office report to be released today. It details $100 billion to $200 billion in duplicative spending by federal programs that could be considered ineffective or duplicative.
By marfdrat on February 10, 2011
Over at Cato Online, Tad DeHaven has a report about Amtrak’s announcement that it’s going to build 130 new rail cars to supplement its existing trains, at a cost of $300 million. Wait! What? That’s over $2.3 million per car. Those must be some really fancy cars. The announcement said the order for the new cars will “create” 575 new jobs. Hey, that’s a bargain – only $521,000 per job. I wonder what the payoff on those new-car assets will be? Oh, that’s right – it doesn’t matter because YOU are going to be picking up the tab.
By marfdrat on September 22, 2010
(via CNN) The Postal Service announced a $3.5 billion loss for the most recent quarter. Mail volume has dropped by about 21% since 2007, but costs have skyrocketed. This was the 14th loss in 16 quarters. Revenue will continue to drop, but expenses will continue to rise largely because of union worker health plan obligations. They are reducing the number hours worked this year to equate to 36,000 full-time employees – but since they have almost 600,00 employees, this seems like a drop in the bucket.
By marfdrat on September 8, 2010
This is astounding – in its wastefulness and stupidity. The old Giants stadium in the Meadowlands of New Jersey -the one they tore down to make a parking lot for the “new Giants stadium”- still has $110 million in debt outstanding. And, they’re not alone – Ken Belson explains in a New York Times article that many municipalities are still paying for “ghost” facilities:
By marfdrat on August 24, 2010
This is obscene. In a state that’s running a massive budget deficit, and is resorting to giving taxpayers IOUs for their income tax returns, they spent $578 million on…wait for it – a school. I’m sure it’s very nice, but is that sort of luxury necessary for a learning environment? For a comparison, the article gave the price of the most expensive private residence for sale last year: Aaron Spelling’s 100 room mansion – $150 million.
By marfdrat on July 22, 2010
Despite all the noise that’s made about its merits, public transit is less productive and more expensive than private transportation, and does little or nothing to reduce pollution
Yeah, you read that right. And the productivity is dropping (not a huge surprise when huge government subsidies effectively remove the profit incentive). Randal O’Toole’s article for Cato@Liberty does an excellent job of highlighting why government involvement in any enterprise tends to do three things:
By marfdrat on June 21, 2010
John Hayward -Doctor Zero- is an excellent writer. His June 18 post describes in vivid, but painful terms the utter incompetence of the insatiable money-eating leviathan that is our federal government. As Obama and his cronies deflect blame and extract slush funding from BP, action in the Gulf meanders along with something short of a sense of real urgency.
By marfdrat on June 15, 2010
Coyote Blog has found a reason to love Cash for Clunkers:
it is a fabulous demonstration project for just how utterly pointless government stimulus programs can be
Seems we (the taxpayers) overpaid by several times for a bunch of crap used cars, and abated some CO2 at ridiculously high prices per ton. Here’s a graph of sales during that time period, with an extrapolated (the dotted line) interpretation of what sales might have been without the program:
By marfdrat on April 22, 2010
Got this express mail package today with important contents. In the picture, my finger is pointing to the important contents.