USDA intern program spent $2 M, hired ONE intern

USDA intern program spent $2 M, hired ONE intern

The USDA released a report this morning of an audit done by the Office of Inspector General. One of their findings? An intern program that got two million bucks – and hired one intern. From their executive summary: We continue to find that OCIO’s efforts should have been strategically planned, prioritized, and managed in order…

Wall Street Journal: What Austerity?

Wednesday’s Wall Street Jouranl contained an editorial piece titled “What Austerity?” The very pointed piece starts like this:   With the recovery sputtering, the White House and its allies have been blaming government spending cuts, or what the neo-Keynesians call “fiscal contraction.” This is a dubious economic theory even if spending were being cut, but…

Jim Matheson, king of spin

Jim Matheson, king of spin

If you can’t run on your record of voting for the stimulus, for Cash for Clunkers, and for Nancy Pelosi, then by golly, spin, spin, spin. Congressman Jim Matheson is deflecting and twisting when he tells Utah Policy Daily that his GOP opponent, Morgan Philpot “is saying things that are just not true – like…

Taxes, taxes and more taxes

(Clever little Internet ditty) Tax his land, Tax his bed, Tax the table, At which he’s fed. Tax his tractor, Tax his mule, Teach him taxes Are the rule. Tax his work, Tax his pay, He works for peanuts Anyway! Tax his cow, Tax his goat, Tax his pants, Tax his coat. Tax his ties,…

David Walker and financial boondoggles

David Walker and financial boondoggles

David Walker, former Comptroller General of the United states, was in town recently to talk at Senator Orrin Hatch’s “Economic Summit”. Walker served as Comptroller General and head of the Government Accountability Office (GAO) from 1998 to 2008. Appointed by President Bill Clinton, his tenure as the federal government’s chief auditor spanned both Democratic and…

Time for Emergency Economic Reform

A year ago, I blogged about Indiana’s governor, Mitch Daniels and the coming “reality check” for state budgets. He said then: “State governments will soon have to choose between a major downsizing or consigning themselves to permanent decline. Wishing for an improbably huge boom while chasing your own tail through self-destructive taxes won’t prove much…

California's pension cliff

California's pension cliff

Governor Arnold Schwarzenegger penned an op-ed for the Wall Street Journal last week that lays out the stark reality of California’s budget crisis. Bluntly stated, without significant public pension reform, the state budget is shot all to heck – leading to its inevitable demise.  “Here’s the plain truth,” says Schwarzenegger. “California simply cannot solve its…

Pay up.

Your share is $42,285. Scott Tipton, GOP Congressional candidate in Colorado tries to collect in this clever campaign ad. Not many takers. (OK, none)