Posted on 20 April 2009. Tags: alternative investments, bank bailout, banking, banks, barack obama, bonds, budget, Bush administration, Cabinet, capitalism, Caterpillar, chairwoman, Citigroup, combines, congress, Crash Proof, credit crunch, credit spread, criminal, crisis, cut federal spending, debt, Deere & Co., deficit, democrat, department head, economic collapse, Economics, espionage, exports, farm equipment, federal, federal reserve, financial crisis, financial industry, financial system, fraud, free trade, freedom, globalization, government, Greed, guarantee, House Intelligence Committee, housing boom, imports, intervention, iron condors, Israel, Jane Harman, liberty, lobbyist, lobbyists, market insurance, market neutral, meltdown, MIT, monitor bailout program, municipal debt, National Security Agency, Neil Barofsky, NSA, obama, option, option strategy, peter schiff, Peter Schiff was right, Politics, power, President Obama, professor, protectionis, Putin, Real Estate, Rob Viglione, Russia, selling insurance, selling options, selling options for income, Simon Johnson, socialism, special investigator general, Spending, state, tariffs, TARP, too big to exist, trade, trading system, treasury bonds, Troubled Asset Relief Program, trucks, U.S. Treasury, unprecedented
Rep. Jane Harman exchanged favors for power-aided Israeli lobbyists accused of espionage, top government investigator says that bank bailouts are open to fraud, Obama tells Cabinet to cut spending by 0.02%, U.S. Treasury estimates it has lost $900 million of taxpayer money from holding $301 billion in Citigroup junk assets, Russian tariffs take toll on U.S. companies, and could the U.S. be headed for a Russian-style economic collapse circa 1998? Continue Reading
Posted in Featured, Freedom Under Fire
Posted on 17 March 2009. Tags: abuse, abuse of power, africa, aircraft manufacturer, Argentina, arms race, barack obama, Britain, budget director, censorship, Charles Grassley, China, Christina Kirchner, Cold War, colleges, communications, congress, control, costs, dictatorship, Dmitri Medvedev, down payment, Economics, European, F-22 fighter, factory, fair trade, federal stimulus, flow of information, France, fraud, free trade, global trade, globalization, government services, governor, growing bureaucracy, Health Care, health reform, insurance, Intel, Iowa, labor unions, large-scale rearming, Lockheed Martin, Mark Sanford, nationalize, NATO, nuclear forces, nuclear powers, omnibus spending bill, Overstock, pay off debt, Peter Orszag, Politics, president, President Obama, protectionism, public debt, public safety, public schools, reality check, reciprocal trade war, republican, Rob Viglione, Russia, sanctions, security council, Senator, signing statement, socialism, South Carolina, state debt, stimulus funds, tariffs, taxes on overseas income, trade war, union power, United Nations, united states, veto rights, waste, whistle-blowers, White House
Obama rejects Gov. Sanford’s plan to use stimulus money to pay down South Carolina debt, Russia planning ‘large-scale’ rearming, Obama’s health care plans will cost at least $1.5 trillion, companies fight back against Obama’s economic plans saying they are hurtful, Obama tries to overrule Congress and stifle whistle-blowing, Argentina moves to nationalize factory owned by Lockheed Martin, and big changes stirrup up at the U.N…just the latest in your Freedom Under Fire Report! Continue Reading
Posted in Featured, Freedom Under Fire
Posted on 12 July 2008. Tags: auditors, fraud, improper payments, insurance, Medicaid, Medicare, overpayments, trust funds, welfare
The Wall Street Journal reports today that $694 million has been returned to the Medicare trust funds over the last three years, found by contracted audit agencies. The Medicare and Medicaid Services agency has contracted with private auditors to review a total of $317 billion in claims just from the states of New York, California, and Florida. The auditors were looking for improper payments, of which they discovered 0.22% of were incorrect. That percentage doesn’t sound like much, but returning $694 million to the trust funds is an accomplishment for which government should be praised.
Posted in Politics