Browsing All posts tagged under »taxpayer«

Obamanomics 101: The economy must be in peril if Hollywood feels compelled to spread the word: Video exposes some disturbing facts… The movie “the Other guys” end credits…

August 12, 2010 by

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One of the most important thing to take out of this video is that bailout money did not save the US economy. The bailout of major corporations primarily helped foreign investors and institutions. Bailouts also create a perverse incentive system. As long as the administration does not adopt a laissez-faire policy, irresponsible risk taking and […]

Wasteful spending: a case against the IRS!

April 2, 2010 by

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By Orphe P. Divounguy Another small step toward a balanced budget … In 2009, as reported by the US department of the treasury, the IRS administration cost the American taxpayers $ 11.8 billion, that’s approximately $76.6 for every American taxpayer (154 million taxpayers as reported by the Bureau of Labor Statistics). That’s not counting the […]