So What Happens When California Goes Bankrupt
So what happens when California goes bankrupt?
Tag: policy
How Obamacare is Hastening the bankruptcy of state governments
Repeal the damn bill! How Obamacare is hastening the bankruptcy of state governments. Key quote:
If state Medicaid spending increases by 41 percent as projected by [the Centers for Medicare and Medicaid Services], then by next year Medicaid could end up consuming nearly 30 percent of the average state budget. Medicaid would greatly exceed all other state priorities, including education, which tops state budgets at about 22 percent. In fact, state spending on education would experience certain cuts next year. [emphasis mine]
FCC Votes 3-2 to Regulate Internet via Net Neutrality
Power grab! FCC votes 3-2 to regulate the internet via net neutrality.
There’s a mini ice age coming, says man who beats weather experts
There’s a mini ice age coming, says a man whose predictions the last few winters have been better than the British weather service.
Obama administration to review all health insurance rate increases
Who says the healthcare bill didn’t nationalize the healthcare industry? Under the new law, the Obama administration will be reviewing all health insurance rate increases next year, approving only those it agrees with.
Repeal the damn bill!
Eight former park superintendents are pressing the U.S. and Canadian governments to expand government control over lands adjacent to Glacier National Park in Montana and Waterton Lakes National Park.
Power grab! Eight former park superintendents are pressing the U.S. and Canadian governments to expand government control over lands adjacent to Glacier National Park in Montana and Waterton Lakes National Park.
Twenty Of The Craziest Things The U.S. Government Is Spending Money On
Your tax dollars at work: Twenty idiotic things the U.S. government is spending money on. My favorite, #8, also happens to be one of the most expensive:
The U.S. Department of Veterans Affairs spent $175 million during 2010 to maintain hundreds of buildings that it does not even use. This includes a pink, octagonal monkey house in the city of Dayton, Ohio.
TSA Worker Avoids Prison After Stealing Travelers’ Laptops
A TSA worker gets probation after being convicted of using TSA surveillance equipment to steal travelers’ laptops.
Federal paychecks one third higher than private pay
Want to trim the federal debt? Here’s a place to start: Federal paychecks in the San Diego area are one third higher than private pay, according to census numbers. The pay raises were also more than three times higher.
Continuing resolution in the Senate freezes NASA at 2010 numbers
The space war over NASA continues: The continuing resolution being offered by the Senate would freeze NASA’s budget at 2010 numbers through March. Also,
NASA would be prohibited from initiating new programs, and could be required to continue spending about $200 million per month on the Moon-bound Constellation program.
As I’ve said repeatedly, the whole thing is a mess.
Automakers suing EPA over higher ethanol mix gas
Good intentions strikes again! Automakers are suing the EPA over its decision to allow a higher ethanol mixture in gasoline. Key quote:
Automakers say they are worried the EPA decision would eventually lead to motorists unknowingly filling up their older cars and trucks with E15 and hurting their engines. The problem could be exacerbated if E15 fuels are cheaper than more conventional blends, prompting owners of older vehicles to use the fuel despite the potential engine problems.
Subsidies have no effect on Spanish cinema productivity
This research has a bearing on NASA’s plans to subsidize the new space companies: Research has found that subsidies to the Spanish film industry had no effect on its productivity, while giving awards did, increasing “internal and external distribution demand.”