Abandoned Venues From The 2004 Athens Olympics [Photos]
• http://www.businessinsider.com,Eight years after Greece spent ~$15 billion to stage the 2004 Summer Olympics, some of those once-gleaming venues are crumbling.
Contents Pages by Subject
Government Waste
Labor Department $100 Million Giveaway to Stop State Layoffs
• www.thedailybell.com, by Mike "Mish" She$100 million sounds like a lot of money but it does not go very far these days. It is less than .01% of the deficit.
Labor Department $100 Million Giveaway to Stop State Layoffs
• www.thedailybell.com, by Mike$100 million sounds like a lot of money but it does not go very far these days. It is less than .01% of the deficit.
Blink! U.S. Debt Just Grew by $11 Trillion
• BloombergWhat are the numbers on the real national debt? With a projected $11 trillion fiscal gap in the past year, it looks more and more unlikely that this massive debt will ever be able to be repaid.
USPS defaults on Aug. & Sept. payments for retiree benefits, claims service will not be interrupted
• www.cnbc.comThe post office had $5.5 billion in payments for future retiree health benefits due Wednesday and $5.6 billion due in September, but it will miss both payments because of cash shortages related to the rise of email, electronic bill payments and priva
America's Latest Huge Defense Purchases
• http://www.businessinsider.com, Walter HickeyIt seems like the Pentagon is just like everyone else, fleeing the cities on vacation time in the middle of July. Last week the Pentagon slacked off, spending a measly $1.8 billion on 58 defense contracts.
US wasted up to $8 bln on Iraq reconstruction
• http://rt.comBillions of taxpayer dollars are vanishing in Iraq as the government fails to properly monitor its spending.
Blackwater illegally paid millions in taxpayer money
• http://rt.comFor half a decade, American taxpayers unknowingly spent millions of dollars every year to fund private security agency Blackwater’s so-called “democracy building” missions in Iraq.
Air Force spends $59 per gallon on biofuel
• http://rt.comIf you were mad about $4 per gallon of gas, think about this: the Air Force is spending $59 per gallon on "green biofuel" that supposedly has to compete with traditional petroleum jet fuel.
Great - my "safe haven - Costa Rica" just got screwed! UPDATE #1
• http://www.dailypaul.com, by takeactionCosta Rica has allowed 46 US warships and 7,000 Marines to enter the country despite objection by the opposition parties, which describe the move as "illegal."
If You're An American Taxpayer, These Are Your Most Recent Defense Purchases
• http://www.businessinsider.com, Walter HickeyNot even the Fourth of July could stop the Pentagon from an absolutely massive week of defense spending.
San Diego Accidentally Set Off All Its Fourth Of July Fireworks at Once
• The Atlantic WireWhen government monopolizes the ability to celebrate a national holiday on freedom by banning fireworks, then steals money from people to pay for its own fireworks display, well: This didn't end well. But it ended quick. (video)
When Governments Spend Wealth Instead of Building It
• http://lewrockwell.com, by Bill BonnerAmerica’s historic health care overhaul, certain now to touch virtually every citizen’s life, narrowly survived an election-year battle at the Supreme Court Thursday with the improbable help of conservative Chief Justice John Roberts.
Ron Paul, Rupert Murdoch and Barney Frank All Know the War on Drugs is a Failure
• http://www.policymic.com, Bernie KingEvery year billions of taxpayer dollars are wasted on prosecuting and imprisoning non-violent Americans.
Civics 101: Cutting Defense Means Not Voting for $642.5 Billion for US Military
• commondreams, by Carolyn Eisenberg and Gael MurphySome readers probably heard on the news how the Democrats were hopping mad when the House Republicans voted recently to overturn the “sequester” on the Pentagon budget, enacted at the end of the year as part of the deficit reduction deal.
US reportedly abandons plans for Afghan consulate after already spending $80M
• http://www.foxnews.com, MAZAR-E SHARIFUS officials abandoned plans to open a consulate in northern Afghanistan over security concerns -- despite spending more than $80 million on the site, The Washington Post reported Sunday.
US taxpayers shelling out billions for faulty weapons
• http://rt.comThe Pentagon has frittered away billions in taxpayer cash on not fully tested arms, a government watchdog report says.
GAO: Medicare experiment wastes $8B
• http://www.dispatch.com, By Robert PearMedicare is wasting more than $8 billion on an experimental program that rewards providers of mediocre health care and is unlikely to produce useful results.
DRS wins $269M contract for military Internet cafe
• David Hubler, Washington TechnologyDRS Technical Services Inc. will create an overseas Internet cafe to boost troop morale under a Navy contract that could be worth as much as $269 million if all options are exercised.
Air Force's $1 billion IT system has ‘negligible' capability, comptroller says
• Federal TimesThe system is supposed to save billions of dollars by streamlining the Air Force's supply chain management and providing an integrated approach for buying, moving and managing equipment. Morin described the new system's "usable capability" as "neglig
Karzai: US Must Pay at Least $2 Billion Per Year to Stay
• http://news.antiwar.com, by Jason DitzUS Says They'll Spend That Much, But Don't Want It in Writing
TSA Brags About Confiscating Can Of Chicken Soup
• http://www.prisonplanet.com, Steve WatsonAngry Americans demand to know why billions is being spent on ineffective agency
Maricopa County judge (John Buttrick) to rule on raises for pensions of ex-officials
• tucsoncitizen.comA Maricopa County judge is considering whether retired elected officials, who have the most generous public retirement system in Arizona, will again start receiving cost-of-living raises to their pensions.
Video-TSA Admits $1B Naked Body Scanner Fleet Worthless
• http://govtslaves.info, Jonathan CorbettMy last video demonstrated how easy it is to take a metal object through TSA nude body scanners undetected.In this video, I interviewed an actual TSA screener to hear more about how these machines are an epic fail.
Crisis for US Science Is Looming
• http://news.yahoo.com, By Clara MoskowitzThe United States is at risk of ceding its leadership in science, a number of physicists agreed Monday (April 2), though there was less of a consensus on a clear solution to the problem.
GSA chief resigns following excessive spending claims
• http://wtop.comThe head of the General Services Administration resigned from her post Monday, and two other officials were fired amid an investigation into excessive spending.
Pentagon Director Had Family Money in Bomb-Detection Boondoggle
• http://motherjones.com, By Adam WeinsteinThe military's top-secret research agency threw millions of dollars at a bomb-detection system that worked no better than a coin toss, according to military sources.
Where is my Federal Ammunition Subsidy?
• AmmoLand Shooting Sports NewsI began to contemplate the benefit/cost analysis of subsidizing other goods and services we now currently fund as individuals. During this process, I came to the conclusion we need to start subsidizing ammunition...
Standing Up for Peace
• http://www.truth-out.org, by: Jim HightowerKeene, New Hampshire has no crime that would warrant rolling out a tank.
U.S. funding for Egyptian military to resume, senior administration officials say
• William Wan, Washington PostHillary Clinton is close to announcing plans to bypass Congressional restrictions (recent law) for fear of worsening already fraying ties with Egyptian leaders and disrupting American jobs and U.S. defense contracts that make up the bulk of the milit
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