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It started out benign enough. In November 2008, California voters passed Proposition 1A, which authorized the issuance of $9.95 billion in general obligation bonds to fund the first stage of a high-speed rail link between Los Angeles and San Francisc
After filing for bankruptcy last year, Fremont solar company Solyndra still owes American taxpayers half a billion dollars. But CBS 5 caught them destroying millions of dollars worth of parts.
Taxpayers would have to shell out $15 to $35 to get behind a publisher's paid site to read the full research results. A Scientific American blog said it amounts to paying twice.
Now seems an unlikely time for handing out bonuses at bankrupt Solyndra LLC, but that’s the plan of company attorneys intending to dole out up to a half-million dollars to persuade key employees to stay put.
President Barack Obama's nominee to head a new financial watchdog agency said on Wednesday he was ready to get to work, and would not be distracted by challenges to his appointment.
Solyndra, the solar-panel maker that received more than half a billion dollars in federal loans from the Obama administration only to go bankrupt this fall, isn’t the first dud for U.S. government officials trying to play venture capitalist in the en
Civilian unemployment has mushroomed, sticking above 9 percent for months, although many experts put the real figure in the 18-20 percent range. Meanwhile, the number of federal employees has grown 12 percent since the official start of the recession
The heart of Applied Energetics’ technology is an old idea: using a Tesla Coil-like device to shoot artificially created lightning. Such technology could, in theory, be used to pre-detonater IEDs, the roadside bombs that remain the leading killer of
The United States spends $20.2 billion annually on air conditioning for troops stationed in Iraq and Afghanistan — more than NASA's entire budget, NPR reported.
Speaking today to the Senate Defense Appropriations Subcommittee, Secretary of Defense Robert Gates reported that cuts to military spending would mean a military that “will be able to go fewer places and be able to do fewer things.”
GUAM – The U.S. Navy today set a June 21 deadline for bids on the Mamizu multiple award construction contract and said it will start off the $3 billion in works with a seed project "immediately" after the prime contractors are chosen.
Delivery of first-class mail is falling at a staggering rate. Facing insolvency, can the USPS reinvent itself like European services have—or will it implode?
The Federal Government spends $18 billion per year on 47 separate job training programs run by nine different agencies.
"tens of billions of dollars have failed to achieve their intended use in Iraq and Afghanistan," according to an interim study draft report obtained by the Associated Press.
What is it with the left and their attempts to make sure that nothing the right does or says EVER gets any credit or viewing - we just wrote an article detailing the attacks on real viable cuts and now attacks on fixes for two entitlement programs do
Across the Nation simple folk have wondered how Congress has completely misinterpreted questions from the average citizen. Now, Timmy Technology has come forward to explain the disconnect. “It’s simple really” he is quoted as saying from his pa
The omnibus spending bill includes $450 million to keep the alternate-engine program for the F-35 Joint Strike Fighter -- a defiance, as has been noted, of the White House's and Pentagon's long-standing objectives.
The FDA has apparently decided that a certain sector of milk production in the United States does not have enough regulation in sales, barter or sharing. This agency would direct one to this statement: “Risks… include exposure to infectious disea
Rock Springs, WY (October 12, 2010)—Amid nationwide protests, today 122 more healthy wild horses were rounded up by helicopter in the Adobe Town/Salt Wells Wild Horse Herd Management Area Complex. The current three-day roundup total is 320, not inclu
School administrators denied having correspondence about it, and students found shredded documents about the visit in the administration’s dumpster. Palin gave the speech June 25, and was paid $75,000.
A series of news reports have highlighted, in scandalous detail, how some financial regulators earning six-figure salaries were watching porn at work as Wall Street imploded. So did employees of the NSF and the Interior Department--who were supposed
The portrait of Rumseld, which the former secretary reportedly paid for himself, will hang in the Department of Defense alongside those of his predecessors as a tribute to the former Secretary's role in the Bush administration.
The spending is part of at least $500 million that has transformed what was once a sun-beaten and forgotten Caribbean base into one of the most secure military and prison installations in the world. That does not included construction bonuses, which
The world is spending considerably more than a trillion $ each year on the military (it was about $1.5 trillion in 2008). The US is responsible for nearly half of this total. Can we stop the global military-industrial complex before it eats us all?
A rough extrapolation of regulation growth against 2004 calculations give a rough estimate of $1.187 TRILLION for 2009 that businesses and individuals paid to comply with government regulations. Be sure to scan the full report at cei.org
Entered By: Trouser Chili
Hillary Rodham Clinton's State Department is spending $5.4 million to buy fine crystal stemware for American embassies -- but it won't give the US economy much of a boost. The contract was given to a tiny Washington, DC, interior designer, which i
Investigators looking into corruption involving reconstruction in Iraq say they have opened more than 50 new cases in six months by scrutinizing large cash transactions — involving banks, land deals, loan payments, casinos and even plastic surgery —
The projected cost of Lockheed Martin’s new Joint Strike Fighter has increased 60 to 90 percent in real terms since 2001 . . . Each F-35 had jumped to $80 million . . . from $50 million when Lockheed Martin was awarded the contract in 2001.
March 8 (Bloomberg) -- The Federal Deposit Insurance Corp. is trying to encourage public retirement funds that control more than $2 trillion to buy all or part of failed lenders, taking a more direct role in propping up the banking system, said peopl
The Pentagon pays an average of $400 to put a gallon of fuel into a combat vehicle or aircraft in Afghanistan. . . . The Marines in Afghanistan, for example, reportedly run through some 800,000 gallons of fuel a day.
