Have you ever heard of a Department of Commerce mandatory survey called a “BE-10”? Introduced and ratified by the U.S. Congress in 1976, the survey was designed for the biggest U.S. companies to reveal the extent of their business practices abroad. However, following a new piece of federal regulation hidden in the depths of the […]
Incompetent TSA Still Has Obama’s Backing
The Transportation Security Administration (TSA) blatantly displayed its incompetence recently in a series of covert tests ordered by the Homeland Security Inspector General. A staggering 67 out of 70 U.S. airports (95%) failed to detect mock weapons and explosives hidden by agents as they made their way through the security areas. In one particularly alarming […]
U.S. to Give $175B Annually to U.N. to Fight “Climate Change”
A forthcoming U.N. resolution has proposed that developed countries will each donate 1% of their Gross Domestic Product (GDP) to the Green Climate Fund, designed to assist “underprivileged nations” in their “fight” against climate change. Under Section 96 of the proposal, these pledges will begin from 2020. The current U.S. GDP is around $17.5 trillion, […]
U.S. Citizens Paid $1.88T Due to Federal Regulations Last Year
2014 saw U.S. citizens faced with a colossal debt of $1.88 trillion, thanks to imposed federal regulations. This works out at $14,976 for each and every U.S. household. Put into perspective, the U.S. federal regulations of 2014 would equate to being the world’s 10th largest economy – slightly smaller than Russia’s, but larger than India’s. […]
U.S. Government Wasted $251M on Medicare in 1½ Years
According to the Inspector General for Medicare, Medicare Part B spending could have been lowered 35% (saving $251 million) if prices for drugs like milrinone lactate and Hizentra had been updated to current standards instead of being based on decades-old, patent-protected prices. Additionally, drugs that are used to treat life-threatening conditions such as cancer, diabetes, […]
Could the U.S. Treasury Force You to Pay for Student Loan Cheaters?
Almost 4 million U.S. students have made improper student tax credit claims, according to a recent report by the Treasury Inspector General for Tax Administration. The improper claims included the following: • Students who never provided tuition statements to prove what they had paid • Students attended schools that didn’t even qualify for the tax […]
Green Energy Programs Have Cost $807M Since 2008
As of April 27, 2015, five green energy programs have defaulted on Department of Energy loans, including the infamous Solyndra. The other companies who couldn’t come up with enough “green” to repay their loans are: Fisker Abound Solar Beacon Power Vehicle Production Group Despite the fact that the Department of Energy boasted about the “strong […]
Pentagon Officials Enjoyed “Adult Entertainment” on Govt. Credit Cards
The Department of Defense will shortly be publishing the results of an internal audit of government-issued credit cards, revealing that both military and civilian Pentagon officials used their cards to pay for gambling and escort services in Las Vegas and Atlantic City. “The federal government did not necessarily pay the charges” was the response from […]
Obamacare: Why Are More People Heading to the ER?
Obamacare, it was assured, would bring a decrease in ER visits, because more people would be able to visit regular physicians (primary care doctors) instead. In reality, since January, 2014, when Obamacare fully kicked in, 3 out of 4 ER doctors report a clear rise in patient attendances, a recent American College of Emergency Physicians […]
6,000 Stores to Close as U.S. Retailers Plan for Recession
U.S. retailers are set to take strong action, as a further recession looms on the horizon, by together closing more than 6,000 stores. Not only underperforming stores will face the threat of closure; for example, Office Depot plans to close 400 retail outlets by 2016. Other well-known U.S. brands, such as JCPenney, Macy’s and Abercrombie […]