by Dan Mitchell | Aug 5, 2010 | Big Government, Blogs
If you have municipal bonds issued by the city of Los Angeles, you may want to dump them while there’s still time. The LA Times reports that one-third of the city’s budget in 2015 will get consumed by pensions and benefits for retired bureaucrats. The cost of...
by Dan Mitchell | Jul 22, 2010 | Blogs, Government Waste
Senator Coburn’s office circulates a “Pork Report” every day, which I probably shouldn’t read since my blood pressure spikes. Today’s collection of stories included this outrageous example of federal bureaucrats living the good life with our tax dollars. Federal...
by Dan Mitchell | Jul 20, 2010 | Blogs, Uncategorized
Even I am shocked about how politicians and bureaucrats are bilking the poor people of Bell, California. I wish I had this example reported by Bloomberg for my video on overpaid bureaucrats, but mostly I hope that taxpayers rise up in revolt against the way the...
by Dan Mitchell | Jul 19, 2010 | Big Government, Blogs
The fact that government is growing is not big news. The fact that bureaucrats are overpaid is hardly a big revelation. But it is interesting that a DC-based newspaper like Politico has a story about how Washington is prospering while the rest of the country is...
by Dan Mitchell | Jul 17, 2010 | Blogs, Uncategorized
Oakland politicans have created a fiscal crisis by spending too much money. This has caused strife with the police union according to a San Francisco paper. The details of the fight are not very remarkable, but I was stunned to read that the average compensation for a...
