Some cities in California are so bloated in debt and other problems they are considering dissolution. Mercury News asks is this The End of Half Moon Bay? Between budget losses and lawsuit payments, Half Moon Bay's financials have become so dire that if a local sales tax measure doesn't pass this November, officials say they [Continue]
The Public Sector Pensions Commission accuses successive governments of hiding the true cost of public sector pensions and raised fresh concerns about the state's £1 trillion of retirement promises. In a comprehensive report it calls for urgent reform of the civil servants' gold-plated benefits. According to its analysis, public [Continue]
Last week's passage of the Dodd finance reform plan dredged up bad symbolism. Indeed, the Wall Street Journal front page headline touted legislation that would be the "Biggest Regulatory Overhaul of Wall Street Since Depression." Though most of us didn't suffer the federal government's persecution of the productive back in [Continue]
Today, Rep. Jason Chaffetz (R-UT), along with Rep. Darrell Issa (R-CA) sent a letter to David Kappos, the Director of the U.S. Patent and Trademark Office, as well as Michael Williams, President and CEO of Fannie Mae, seeking information concerning a patent issued to Fannie Mae regarding a residential Cap and Trade system. View full [Continue]
KEVIN Rudd has delayed he government's carbon pollution reduction scheme until the end of 2012, backing away from his biggest election promise. The Prime Minister said that by 2012, when the current Kyoto deal expires, governments around the world would need to make clear their new carbon reduction commitments. “That will provide the [Continue]
The Democrats in the House are working on an extraordinary break of parliamentary procedure that will make reconciliation look like a conciliatory gesture. It's called the Slaughter rule named after House Rules chair Louise Slaughter. Each new bill that is voted on by the complete congress has it's own voting rules, Slaughter's [Continue]
CALLER: I don’t call it Obamacare, I call it the Obama con job. It’s nothing but a Ponzi scheme. This is the biggest “screw you” to the middle class that is out there. RUSH: It is. It’s almost like Madoff. CALLER: It’s worse than Madoff. You talk about taxation being a Ponzi scheme. If they [Continue]
WICHITA, Kan. (AP) – A new federal indictment implicates a Kansas doctor and his wife in nine additional patient deaths, bringing to 68 the number of fatal overdoses the government contends are linked to illegal prescription writing and a moneymaking conspiracy at their clinic. Dr. Stephen Schneider, his wife Linda, who is a nurse, and [Continue]
A summit primer: But the Democratic leadership nonetheless presses forward. The latest tactic is to convince people that health care in America is so broken that the Congress has a duty to pass the Senate bill "to get something done" — even if it means using a process that would throw any pretense of bipartisanship [Continue]
