Where is the Money Going?

1713 to 1728 of about 1799 News
Prev 1 ... 106 107 108 109 110 ... 113 Next

Is Geithner Covering Up Massive Bank Fraud?

A former federal litigator who investigated the savings and loan scandal of the 1980s has accused Secretary of the Treasury Timothy Geithner of being a part of cover-up attempts by banking executives to conceal large-scale fraud that has left many...   read more

Paper Industry Uses Loophole to Suck Billions from Taxpayers

What’s the easiest way to make a cool $8 billion this year? Take one part “black liquor,” add a dash of diesel fuel, and voila! In no time you’ll be receiving a fat check from the IRS—if you’re the paper industry, that is. Here’s how it works. In ...   read more

Northrop Settles Largest-Ever Defense Fraud Suit…But Loses Nothing

Northrop Grumman Corp. has agreed to settle the largest case ever of fraud involving military procurement, valued at $325 million. However, the federal government won’t see any net gain from the settlement, but the defense giant will. That’s becau...   read more

$167 Million VA Program Down the Drain

If you’re a veteran and need to schedule a visit to a VA hospital, good luck. After eight years and $167 million, a project by the Department of Veterans Affairs to develop a computerized patient-scheduling system has “all but collapsed,” accordin...   read more

Army Pays $322 Million for Russian Helicopters with Nothing to Show

What’s worse than paying hundreds of millions of dollars for military aircraft that never show up? Paying even more money and still no delivery. That’s what the Pentagon has done as part of the United States’ plan to rebuild the Iraqi military. Tw...   read more

Obama’s Ersatz Capitalism: Joseph E. Stiglitz

The Obama administration is fooling itself if it thinks it can help banks rid themselves of their toxic assets by relying on the same system that created the mess in the first place. This according to Joseph Stiglitz, a professor at Columbia Unive...   read more

Gap Between Richest and Poorest Counties Widens

IRS records from 2007 show that the gap between the U.S.’s rich and the poor is widening significantly, judging from the difference between rich and poor counties’ adjusted gross incomes (AGI) and average salaries. Goochland County, Virginia, at t...   read more

Stunning Cost Overruns in Weapons Development Programs

Had Benjamin Franklin ever served as Secretary of Defense, he might well have added “cost overruns” to his now famous adage about “nothing is certain but death and taxes,” given how predictable the Pentagon has become in going over budget with wea...   read more

Merrill Lynch Bonuses Dwarfed Those of AIG

If the AIG bonuses produced angry street protests over $165 million, then what’s going to be the response to the latest revelation that Merrill Lynch doled out $3.6 billion to executives after the federal government propped up the teetering firm w...   read more

Save Capitalism by Limiting Executive Pay: Kathy M. Kristoff

Limiting executives’ pay isn’t just good political fodder for liberals—it’s also a matter of survival for the stock market and capitalism, insists Los Angeles Times business columnist Kathy M. Kristoff. What Wall Street and its defenders need to r...   read more

Green in Color, National Parks in Washington Are Going Greener

Most national parks are green in color to begin with, but now the National Park Service (NPS) in the state of Washington is instituting new programs that will reduce the heavy carbon footprint that is being left behind by visitors and staff member...   read more

Obama Top Recipient of AIG Campaign Contributions

For all the talk about the need to prop up insurance giant AIG because of its place in the financial industry, it is important to note that many in Washington backing the company’s bailout have received generous contributions from the beleaguered ...   read more

U.S. Infrastructure Report Card: D

When it comes to making the grade for having good roads, schools, mass transit and other key elements of infrastructure, the United States is headed for failure. This according to the American Society of Civil Engineers (ASCE), whose latest report...   read more

Obamanomics-The Trickle-Up Theory: Robert Reich

As much as conservatives insist President Barack Obama’s economic policies (dubbed “Obamanomics”) threaten a return to big government, Robert Reich argues that the new administration offers a plan that is “remarkably conservative.” The former Secr...   read more

IRS Audit Rate for Millionaires Plunges

So much for the Internal Revenue Service getting tough with the wealthy. Last year, the IRS proudly proclaimed that it had substantially increased the number of audits in 2007 for those Americans earning a million dollars or more a year. But when ...   read more

Surprise! IRS Wasting Taxpayer Money

A recent report by the Department of Treasury Inspector General determined that the Internal Revenue Service (IRS) has been ineffectively controlling instances of waste, fraud, and abuse relating to the use of employee telephone calling cards. Thi...   read more
1713 to 1728 of about 1799 News
Prev 1 ... 106 107 108 109 110 ... 113 Next

Where is the Money Going?

1713 to 1728 of about 1799 News
Prev 1 ... 106 107 108 109 110 ... 113 Next

Is Geithner Covering Up Massive Bank Fraud?

A former federal litigator who investigated the savings and loan scandal of the 1980s has accused Secretary of the Treasury Timothy Geithner of being a part of cover-up attempts by banking executives to conceal large-scale fraud that has left many...   read more

Paper Industry Uses Loophole to Suck Billions from Taxpayers

What’s the easiest way to make a cool $8 billion this year? Take one part “black liquor,” add a dash of diesel fuel, and voila! In no time you’ll be receiving a fat check from the IRS—if you’re the paper industry, that is. Here’s how it works. In ...   read more

Northrop Settles Largest-Ever Defense Fraud Suit…But Loses Nothing

Northrop Grumman Corp. has agreed to settle the largest case ever of fraud involving military procurement, valued at $325 million. However, the federal government won’t see any net gain from the settlement, but the defense giant will. That’s becau...   read more

$167 Million VA Program Down the Drain

If you’re a veteran and need to schedule a visit to a VA hospital, good luck. After eight years and $167 million, a project by the Department of Veterans Affairs to develop a computerized patient-scheduling system has “all but collapsed,” accordin...   read more

Army Pays $322 Million for Russian Helicopters with Nothing to Show

What’s worse than paying hundreds of millions of dollars for military aircraft that never show up? Paying even more money and still no delivery. That’s what the Pentagon has done as part of the United States’ plan to rebuild the Iraqi military. Tw...   read more

Obama’s Ersatz Capitalism: Joseph E. Stiglitz

The Obama administration is fooling itself if it thinks it can help banks rid themselves of their toxic assets by relying on the same system that created the mess in the first place. This according to Joseph Stiglitz, a professor at Columbia Unive...   read more

Gap Between Richest and Poorest Counties Widens

IRS records from 2007 show that the gap between the U.S.’s rich and the poor is widening significantly, judging from the difference between rich and poor counties’ adjusted gross incomes (AGI) and average salaries. Goochland County, Virginia, at t...   read more

Stunning Cost Overruns in Weapons Development Programs

Had Benjamin Franklin ever served as Secretary of Defense, he might well have added “cost overruns” to his now famous adage about “nothing is certain but death and taxes,” given how predictable the Pentagon has become in going over budget with wea...   read more

Merrill Lynch Bonuses Dwarfed Those of AIG

If the AIG bonuses produced angry street protests over $165 million, then what’s going to be the response to the latest revelation that Merrill Lynch doled out $3.6 billion to executives after the federal government propped up the teetering firm w...   read more

Save Capitalism by Limiting Executive Pay: Kathy M. Kristoff

Limiting executives’ pay isn’t just good political fodder for liberals—it’s also a matter of survival for the stock market and capitalism, insists Los Angeles Times business columnist Kathy M. Kristoff. What Wall Street and its defenders need to r...   read more

Green in Color, National Parks in Washington Are Going Greener

Most national parks are green in color to begin with, but now the National Park Service (NPS) in the state of Washington is instituting new programs that will reduce the heavy carbon footprint that is being left behind by visitors and staff member...   read more

Obama Top Recipient of AIG Campaign Contributions

For all the talk about the need to prop up insurance giant AIG because of its place in the financial industry, it is important to note that many in Washington backing the company’s bailout have received generous contributions from the beleaguered ...   read more

U.S. Infrastructure Report Card: D

When it comes to making the grade for having good roads, schools, mass transit and other key elements of infrastructure, the United States is headed for failure. This according to the American Society of Civil Engineers (ASCE), whose latest report...   read more

Obamanomics-The Trickle-Up Theory: Robert Reich

As much as conservatives insist President Barack Obama’s economic policies (dubbed “Obamanomics”) threaten a return to big government, Robert Reich argues that the new administration offers a plan that is “remarkably conservative.” The former Secr...   read more

IRS Audit Rate for Millionaires Plunges

So much for the Internal Revenue Service getting tough with the wealthy. Last year, the IRS proudly proclaimed that it had substantially increased the number of audits in 2007 for those Americans earning a million dollars or more a year. But when ...   read more

Surprise! IRS Wasting Taxpayer Money

A recent report by the Department of Treasury Inspector General determined that the Internal Revenue Service (IRS) has been ineffectively controlling instances of waste, fraud, and abuse relating to the use of employee telephone calling cards. Thi...   read more
1713 to 1728 of about 1799 News
Prev 1 ... 106 107 108 109 110 ... 113 Next