Where is the Money Going?

1761 to 1776 of about 1799 News
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Lemon Socialism: Robert Reich

Robert Reich highlights the fact that American taxpayers, through the current bailouts, are gaining part ownership of the weakest aspects of the U.S. economy—poorly managed banks, GM and Chrysler, Fannie and Freddie, while the industries with the ...   read more

FBI Raids Murtha-Friendly Defense Contractor

Agents from the FBI, the IRS and the Defense Criminal Investigative Service raided the Windber, Pennsylvania, offices of Kuchera Industries and Kuchera Defense Systems. The Kuchera companies received $8.2 million in defense earmark contracts in 20...   read more

Health Care Stimulus: Where Would the Money Go?

Now that the banks and large corporations are already receiving their bailout money, attention is turning to the Obama/Democratic proposal for stimulating the economy. In the House of Representatives, the Democrats have submitted an $825 billion p...   read more

Bailout Recipients Use Overseas Tax Havens to Avoid U.S. Taxes

Sen. Carl Levin (D-Michigan), the head of the Senate Permanent Subcommittee on Investigations, estimates that the U.S. government loses $100 billion a year in lost taxes because 83 of the nation’s largest 100 corporations maintain subsidiaries in ...   read more

Bailed-Out Banks Donate to Obama Inauguration

Where is the bailout money going? One place is to pay for Barack Obama’s inauguration. Reporting for the Huffington Post, Marcus Beram points out that bailout recipient Citibank has contributed at least $113,000 to the inauguration fund, Goldman S...   read more

Federal Deficit Breaks Annual Record…In Just 3 Months

The U.S. deficit is doing its best impression of Jamaican sprinter Usain Bolt, racing to set new records with little visible effort. Last year’s record-setting annual budget deficit of $454.8 billion has already been broken by fiscal year 2009’s f...   read more

U.S. Spends $52 Billion a Year on Nuclear Weapons

The United States spends at least $52.4 billion a year on nuclear weapons-related expenses. According to a report by the Carnegie Endowment, of this total, 56% ($29 billion) goes to operating, maintaining and upgrading the U.S. nuclear arsenal. On...   read more

Five-Month Tax Holiday: Neal Boortz

Author and libertarian talk show host Neal Boortz has berated President-elect Obama’s proposed stimulus plan, writing, “He is proposing to use the occasion of an economic crisis to provide cover for increased government spending that he’s been pro...   read more

Giving Bailout Advice is Profitable–for 7 Law Firms

You might think that with financial luminaries like Hank Paulson (former Goldman Sachs CEO) in charge of the Treasury Department, the government would need little outside help in determining how best to allocate bailout funds. Yet from October thr...   read more

Bailing Out Dan Quayle

Although Larry Flynt’s attempt to secure $5 billion in bailout money may have been little more than a comedic ploy, it raised the question of who exactly is receiving government funds, and why they deserve it. Cerberus Capital Management, a premie...   read more

Too Big to Fail: Dean Baker

In a recent article for the Boston Review, economist Dean Baker, co-director of the Center for Economic and Policy Research, reexamines the way the debate over deregulation has been defined. He writes, “In general, political debates over regulatio...   read more

13,800 Ignored Regulations Cost Taxpayers $26 Billion

A new report (PDF) issued by Representatives Henry Waxman (D-CA), Ed Towns (D-NY), and Senator Claire McCaskill (D-MO) of the House Oversight Committee, has found that the Bush administration has squandered $26 billion by ignoring 13,800 recommend...   read more

Will Obama Redefine Small Business?

In a January 5 press release, the American Small Business League (ASBL) announced its fear that, “the Obama stimulus plan may change the long-standing federal definition of a small business as being ‘independently owned,’ to include firms that are...   read more

Madoff, the Failure of the SEC and Rescuing the Rich

Although Bernard Madoff has become the poster child of the collapse, the Securities and Exchange Commission (SEC) carries a heavy share in the responsibility for ignoring Madoff’s impossibly consistent returns; they even ignored years of warnings ...   read more

Trillion Dollar Recovery Plan: Katrina Vanden Heuvel

As Barack Obama contemplates what steps he will take to revive the economy, the Congressional Progressive Caucus (CPC) has just released its own $1 Trillion recovery package. Katrina Vanden Heuvel advocates immediate passage of the plan, writing i...   read more

Was the “Credit Crunch” Just a Scam?

The argument in support of Treasury Secretary Henry Paulson’s $700 billion Troubled Assets Relief Program (TARP), that qualified borrowers no longer have access to credit, has been discredited by recent reports from the likes of The Federal Reserv...   read more
1761 to 1776 of about 1799 News
Prev 1 ... 109 110 111 112 113 Next

Where is the Money Going?

1761 to 1776 of about 1799 News
Prev 1 ... 109 110 111 112 113 Next

Lemon Socialism: Robert Reich

Robert Reich highlights the fact that American taxpayers, through the current bailouts, are gaining part ownership of the weakest aspects of the U.S. economy—poorly managed banks, GM and Chrysler, Fannie and Freddie, while the industries with the ...   read more

FBI Raids Murtha-Friendly Defense Contractor

Agents from the FBI, the IRS and the Defense Criminal Investigative Service raided the Windber, Pennsylvania, offices of Kuchera Industries and Kuchera Defense Systems. The Kuchera companies received $8.2 million in defense earmark contracts in 20...   read more

Health Care Stimulus: Where Would the Money Go?

Now that the banks and large corporations are already receiving their bailout money, attention is turning to the Obama/Democratic proposal for stimulating the economy. In the House of Representatives, the Democrats have submitted an $825 billion p...   read more

Bailout Recipients Use Overseas Tax Havens to Avoid U.S. Taxes

Sen. Carl Levin (D-Michigan), the head of the Senate Permanent Subcommittee on Investigations, estimates that the U.S. government loses $100 billion a year in lost taxes because 83 of the nation’s largest 100 corporations maintain subsidiaries in ...   read more

Bailed-Out Banks Donate to Obama Inauguration

Where is the bailout money going? One place is to pay for Barack Obama’s inauguration. Reporting for the Huffington Post, Marcus Beram points out that bailout recipient Citibank has contributed at least $113,000 to the inauguration fund, Goldman S...   read more

Federal Deficit Breaks Annual Record…In Just 3 Months

The U.S. deficit is doing its best impression of Jamaican sprinter Usain Bolt, racing to set new records with little visible effort. Last year’s record-setting annual budget deficit of $454.8 billion has already been broken by fiscal year 2009’s f...   read more

U.S. Spends $52 Billion a Year on Nuclear Weapons

The United States spends at least $52.4 billion a year on nuclear weapons-related expenses. According to a report by the Carnegie Endowment, of this total, 56% ($29 billion) goes to operating, maintaining and upgrading the U.S. nuclear arsenal. On...   read more

Five-Month Tax Holiday: Neal Boortz

Author and libertarian talk show host Neal Boortz has berated President-elect Obama’s proposed stimulus plan, writing, “He is proposing to use the occasion of an economic crisis to provide cover for increased government spending that he’s been pro...   read more

Giving Bailout Advice is Profitable–for 7 Law Firms

You might think that with financial luminaries like Hank Paulson (former Goldman Sachs CEO) in charge of the Treasury Department, the government would need little outside help in determining how best to allocate bailout funds. Yet from October thr...   read more

Bailing Out Dan Quayle

Although Larry Flynt’s attempt to secure $5 billion in bailout money may have been little more than a comedic ploy, it raised the question of who exactly is receiving government funds, and why they deserve it. Cerberus Capital Management, a premie...   read more

Too Big to Fail: Dean Baker

In a recent article for the Boston Review, economist Dean Baker, co-director of the Center for Economic and Policy Research, reexamines the way the debate over deregulation has been defined. He writes, “In general, political debates over regulatio...   read more

13,800 Ignored Regulations Cost Taxpayers $26 Billion

A new report (PDF) issued by Representatives Henry Waxman (D-CA), Ed Towns (D-NY), and Senator Claire McCaskill (D-MO) of the House Oversight Committee, has found that the Bush administration has squandered $26 billion by ignoring 13,800 recommend...   read more

Will Obama Redefine Small Business?

In a January 5 press release, the American Small Business League (ASBL) announced its fear that, “the Obama stimulus plan may change the long-standing federal definition of a small business as being ‘independently owned,’ to include firms that are...   read more

Madoff, the Failure of the SEC and Rescuing the Rich

Although Bernard Madoff has become the poster child of the collapse, the Securities and Exchange Commission (SEC) carries a heavy share in the responsibility for ignoring Madoff’s impossibly consistent returns; they even ignored years of warnings ...   read more

Trillion Dollar Recovery Plan: Katrina Vanden Heuvel

As Barack Obama contemplates what steps he will take to revive the economy, the Congressional Progressive Caucus (CPC) has just released its own $1 Trillion recovery package. Katrina Vanden Heuvel advocates immediate passage of the plan, writing i...   read more

Was the “Credit Crunch” Just a Scam?

The argument in support of Treasury Secretary Henry Paulson’s $700 billion Troubled Assets Relief Program (TARP), that qualified borrowers no longer have access to credit, has been discredited by recent reports from the likes of The Federal Reserv...   read more
1761 to 1776 of about 1799 News
Prev 1 ... 109 110 111 112 113 Next