Clipmarks | blueridge's government spending collection

How Congress spends your money

Mon, 16 Jun 2008 16:27:16 GMT

clipped by: deb2012

Defense Dept Cannot Account for Billions, They Say

Wed, 28 May 2008 05:22:52 GMT

clipped by: blueridge
clipper's remarks: Gov't playing shell game with taxpayer money. Any CEO or any business financial officer would be fired. Only the federal government gets away with this. They are obfuscating investigations on fraud by these lame excuses. Bush is responsible and has direct authority over them via Secretary of Defense and Budget Office, and Bush used to run a corporation. There is no fiscal responsibility in the federal government, and the Defense Dept operates like a rogue regime, because it is.

Clip Source: www.breitbart.com

Report: Billions in defense spending unchecked

WASHINGTON (AP) - Pentagon auditors say billions of dollars in military spending is going unchecked because they are having trouble keeping pace with the ever-expanding defense budget and combat operations in Iraq and Afghanistan.

In a recent report, the Defense Department inspector general estimates that nearly half of the military's $316 billion weapons budget went unchecked last year because the IG's office lacked the manpower. Whereas 10 years ago when a single auditor would have reviewed some $642 million in defense contracts, individual investigators are now charged with auditing more than $2 billion in spending.

The IG also has been stretching its staff to investigate corruption and fraud cases overseas, primarily in Iraq and Afghanistan where the military is hiring contractors to help run operations.

insufficient personnel to accomplish our statutory duties," it adds.

Tags: fraud, crime, defense spending, defense budget, bush administration

Wesley Snipes vs. Income Tax and IRS Wins Big

Sun, 03 Feb 2008 17:06:00 GMT

clipped by: blueridge
clipper's remarks: This will draw more attention to legit Income Tax resistance. See also Aaron Russo's film (online at Google Video and YouTube) "America: Freedom to Fascism" for more on this subject.

It is legally impossible to prove criminal intent upon those who sincerely believe that the Income Tax is illegal, unconstitutionally, and fraudulently extracted from the American public.

Ron Paul is the only candidate who would fix this by eliminating it (if Congress approved), and the so-called "Fair Tax" proposal's purpose is to abolish the IRS while INCREASING AND CEMENTING mandatory national sales tax on everyone. (Do not fall for that fraudulent scheme either).

The Income Tax was setup originally as a "temporary" war tax to fund WWI, and that is its primary purpose since. The Income Tax is also one of the 10 planks of Communism. The government existed without an Income Tax up until 1913 with no problem, or property taxes for that matter.

Clip Source: www.nytimes.com

Wesley Snipes Cleared of Serious Tax Charges

A federal jury returned a mixed verdict against the actor Wesley Snipes on Friday, acquitting him of the most serious tax charges he faced, but convicting him on three of six lesser charges.

He had become an unlikely public face for the tax denier movement, whose members maintain that Americans are not obligated to pay income taxes and that the government extracts taxes from its citizens illegally.

Instead of prosecuting all offenders, the Justice Department brings cases against well-known individuals, hoping that widespread news coverage will encourage compliance, a policy known as general deterrence. The Snipes prosecution, like the three earlier cases that resulted in full acquittals, appears to have backfired.

The Justice Department has for months declined requests to provide an official who would discuss its tax prosecution policies on the record.

Clip Source: www.nytimes.com

Mr. Snipes said he was legally a “nontaxpayer”

Mr. Snipes and Mr. Rosile are free on bail.

Tags: income tax, irs, federal government, fraud, taxes

GOP Candidates Awake to Economic Crisis--Sort of

Fri, 14 Dec 2007 05:26:25 GMT

clipped by: blueridge
clipper's remarks: Note Fred Thompson's quote. Almost sounds like Ron Paul, doesn't he? But they offer no concrete proposals as does Ron Paul, and their cheer leading for "optimism" (blue-blood Romney) is a denial of the severity of the problem that Americans already realize.

Ron Paul offers the real solution to eliminate the Income Tax, cut the Federal government back to Constitutional limits, and stop excessive spending, particularly on a trillion dollar war policy.

Clip Source: news.yahoo.com

In a debate that did not address hot campaign trail topics like the Iraq war and immigration, the Republicans found plenty of room for agreement on the need to rein in federal spending, bring down taxes and achieve energy independence.

The focus on economic issues gave the candidates a chance to lay out already published plans to ease growing public worries about the economy and reduce a federal debt they said was becoming a national security threat.

"Our country has a $9 trillion debt. A good chunk of that is owned by China. We're bankrupting the next generation, without any question," said Fred Thompson, the former Tennessee senator and Hollywood actor.

Former Massachusetts Gov. Mitt Romney, who has fallen behind Huckabee in Iowa polls after leading for months, said the future was bright and the country's leaders should not "wring their hands."

"We need leaders up in Washington that will rein in excessive spending," he said.

Tags: national debt, economy, fed, 2008 candidates, ron paul

National Debt Grows $1 Million a Minute; Over $9 Trillion

Tue, 04 Dec 2007 15:31:09 GMT

clipped by: blueridge
clipper's remarks: Nothing conservative about this administration. War is the leading culprit on this dramatic increase of spending, approaching $1 trillion, on the backs of Americans.

Clip Source: www.chicagotribune.com

National Debt Grows $1 Million a Minute

WASHINGTON - Like a ticking time bomb, the national debt is an explosion waiting to happen. It's expanding by about $1.4 billion a day -- or nearly $1 million a minute.

It means almost $30,000 in debt for each man, woman, child and infant in the United States.

Even if you've escaped the recent housing and credit crunches and are coping with rising fuel prices, you may still be headed for economic misery, along with the rest of the country. That's because the government is fast straining resources needed to meet interest payments on the national debt, which stands at a mind-numbing $9.13 trillion.

The national debt -- the total accumulation of annual budget deficits -- is up from $5.7 trillion when President Bush took office in January 2001 and it will top $10 trillion sometime right before or right after he leaves in January 2009.

the wars in Iraq and Afghanistan, which the nonpartisan Congressional Budget Office estimates could cost $2.4 trillion

Tags: national debt, economy, bush, war

U.S. Dollar worth only 94-cents in Canada; was $1.50 Five Years Ago

Thu, 01 Nov 2007 03:56:28 GMT

clipped by: blueridge
clipper's remarks: For the first time since 1957--50 years ago--the dollar will not even buy a Canadian dollar, now only worth 94 cents! It was just in 2002 that one U.S. dollar would be worth $1.50 Canadian dollars! In five years the dollar has become worthless--due to Fed monetary policy and the neocons war mongering, supported by too many stupid Americans, and driving up the cost of gasoline! WAKE UP...ONLY RON PAUL IS SPEAKING ABOUT THESE ISSUES THAT NO OTHER CANDIDATE IS ADDRESSING.

Clip Source: biz.yahoo.com

NEW YORK (AP) -- The dollar skidded to a new low against the euro Wednesday while the British pound broke through $2.08 after the Federal Reserve lowered a key interest rate by a quarter percentage point to 4.5 percent.

The Canadian dollar bought more than $1.06 for the first time since 1957.

The 13-nation euro soared to $1.4503, its fourth new high in as many trading days, while the British pound bought $2.0813, after having hit a high of $2.0822 Wednesday.

The dollar continued to plunge against the Canadian dollar in later trading, buying 94.16 Canadian cents. The Canadian dollar was worth $1.0620, the first time it broke through $1.06 in 50 years.

"The stock market is going to think very highly of this (rate cut), but it will continue to undermine the dollar," said Michael Woolfolk, senior currency strategist at the Bank of New York.

Dollar Dives After Fed Rate Cut

Tags: federal reserve, money, economy, 2008 candidates, ron paul

George W. is Biggest Spending Pres. since 1964

Thu, 25 Oct 2007 00:38:39 GMT

clipped by: blueridge
clipper's remarks: Of course he could not have done this without a complicit Congress, largely by republican majority. Now suddenly we hear the 2008 candidates are "scolding" republicans on big spending, big government, while they themselves were absolutely silent, actually cheer leading, during the entire process. ARE THE NEOCONSERVATIVES AND THEIR NEO-REPUBLICANS PROUD OF THIS? Methinks they would do it all over again.

The source of this is Cato Institute, which like Ron Paul advocates limited, constitutional government instead of the federal Leviathan that devours taxes like water from Americans, and ravages the world militarily for its PAX AMERICANA.

Who will kill this federal monster? There is only one candidate that can be trusted. But Americans appear to want more of the same while, like the proverbial ostrich, they bury their heads in the sands of sports and entertainment. Consequences come, only taking personal responsibility to alter something prevents them.

Clip Source: www.mcclatchydc.com

Tags: presidents, bush, reagan, government debt, republicans, 2008 candidates