Taxpayers in the United States lost $1.3 billion when Fiat bought back all the remaining Chrysler stocks held by the U.S. government (U.S. taxpayers lost at least $14 billion, between Chrysler and GM).
Now Chrysler/Fiat is claiming they lost money too. Chrysler would have reported a profit for the second quarter of 2011, it weren’t […] Continue Reading…
The city of Pocatello is back to the drawing board after voting against buying $6.2 million worth of water rights. The deal would have been made with Portneuf Marsh Valley Canal Company. City officials backed out after credible threats of lawsuits from water users “downstream”.
Water is a big issue for Pocatello. Its main source […] Continue Reading…
Scotland Yard (Metropolitan Police, aka Met) has come forward with the cost of dealing with all the various anti government protests.
From April 2010 to March 2011, the Met spent $56.7 million to provide security for demonstrations for everything from anti spending cuts, to anti student fee increases, to even elections and a visit from […] Continue Reading…
British Prime Minister David Cameron lamented that “…a general feeling that maybe our best days as a country are behind us…”. He was talking about everything from the economic disaster to the scandal involving Rupert Murdoch’s media empire and public officials.
Cameron says it’s become clear that elected leaders, as well as corporate leaders, even […] Continue Reading…
“It really doesn’t do much good if the money goes back to repairing the irrigation system. I can’t use it. I’m paying for a service I have no choice to pay for, but I have no access to the benefits.”-Mary Fullmer, 77 year old school bus driver
The city of Gooding, Idaho, is […] Continue Reading…
The USPS lost $8.5 billion in 2010. It lost $3.8 billion in 2009. So far this year the USPS has lost $2.2 billion. The result; the United States Postal Service will make public a list of post offices that could be closed this year, as many as 3,653.
Anders Behring Breivik, the man who confessed to blowing up and shooting people in Norway (but plead not guilty to charges of terrorism), says he is part of a network of at least 80 pro-Christian/anti-Islam terror cells in Europe.
Breivik says their goal is to overthrow any European government that tolerates Islam. He published his […] Continue Reading…
“If you were admitted to hospital tomorrow in any country … your chances of being subjected to an error in your care would be something like 1 in 10. Your chances of dying due to an error in health care would be 1 in 300.”-Professor Liam Donaldson, World Health Organization […] Continue Reading…
An organization called Project on Government Oversight discovered the U.S. Treasury Department is letting big banks, and corporations, pay off their taxpayer funded loans with new taxpayer funded loans meant for small banks.
On paper it looks like big banks who took out TARP bailout loans are paying those loans off. It turns out […] Continue Reading…
“The FAA employees who will be furloughed perform critical work for our nation’s aviation system and our economy. These are real people with families who do not deserve to be put out of work during these tough economic times.”-Randy Babbitt, FAA Administrator
Because the U.S. Senate failed to approve the House […] Continue Reading…