Your tax dollars at work...

Read the headline below...

NIH-Backed Study Examined Effects of Penis Size in Gay Community

There is an article over at FoxNews that talks about how our tax dollars were used to study the size of gay men's penis's and how it affects their sex life. This has really got to fall into the WTF category. Who exactly is this study for? Did the national institutes of health really think this was a study that should be funded by taxpayers? Don't you think this is information that fags already have? And who the hell else cares?

Shit like this is exactly what put our Country into borderline bankruptcy. The people that we entrust to spend our money wisely DO NOT GIVE A FLYING FUCK. They will spend our money on the most idiotic things and then wonder where it all went.

Imagine a 10 year old with a credit card. Take his little ass to the mall first thing in the morning and before lunch he will have charged up ten thousand dollars worth of nintendo games, bubble gum and rap cd's. This is our government, a ten year old with OUR credit card.

If you want to read the article,  here it is.

141 White House staffers make six figures

The average salary at the white house is $81,765 a year. Do you know what the average salary is in the real world? In the neighborhood of $43,000. That data is from a couple of years ago, with all the people out of work these days, I wouldn't be surprised if that number was actually lower now.

The article goes on to talk about how these high earners gave up even bigger salaries in the real world to work for obama. Ok? And because of that they are entitled to a taxpayer funded salary of 4 times what an average American makes? If they want to make huge money they should stay in the private sector.

Choosing public service as an occupation should be done by people with a heart to serve, not someone looking to further an agenda or get wealthy at the tax payers expense...

By Charles Riley - CNNMoney

One out of every three White House employees makes at least $100,000 a year, according to data released by the White House on Friday.

Top earners pull down a salary of $172,200 a year, while three employees have a salary of $0. Most staffers fall somewhere in the middle.

The average salary is $81,765 a year, while the median employee salary is $70,000. The lowest full time salary is $41,000 a year.

The list is a little top heavy, with 21 sharing the title of top earner. But the names at the top are among the most recognizable the White House has to offer.

White House Press Secretary jay carney makes $172,200, as does counterterrorism adviser John Brennan, speechwriter Jon Favreau, adviser David Plouffe and Chief of Staff Bill Daley.

While that's well above the national average, White House staffers often command far more lucrative salaries in the private sector -- and some gave them up to work for obama.

Read the rest at the link above...

The Truth About the GM Bailout

Remember when Ed Whitacre, the ceo of GM said that GM had paid back the taxpayers in full?



Umm, not so much. Read the article below. It tells a little different story. You know, I really hate being lied to. If you have spent any time on this blog, you know I am a DIE HARD Chevy guy. I will NEVER buy another new GM product, ever. I will still buy the hell out of the old stuff though.

GM still owes us, the taxpayers, BILLIONS of dollars, and, just like most things obama does, the entire bailout adventure was unConstitutional...

By Matt Kibbe - FoxNews

With Chrysler and GM announcing they have repaid their government loans, it did not take long for Democrats to crow that the federal auto bailouts were a clear success. Indeed, the president and his supporters hope to make political hay from these efforts for the 2012 elections.

Never mind that the bailouts were a use of taxpayer dollars not even within the initial scope of the constitutionally questionable TARP. Never mind that taxpayers are still a major shareholder in GM. And never mind that these bailouts have ingrained a “too big to fail” strategy among American businesses, who now feel entitled to federal funding should they fall short in the marketplace.

In reality, GM’s claim about paying back bailout money is misleading. Much of the $50 billion in federal assistance came in the form of equity purchases, with the government taking a 61-percent stake in the company. The cash loan totaled “only” $6.7 billion in taxpayer dollars. For taxpayers to recoup their investment, the federal government would have to sell its 365 million shares at a profit. The break-even price would be $55 a share, but GM is currently selling at $28.90.

And it doesn’t look like share prices are increasing any time soon. The stock market is up since mid-November by about 8 percent. But the stock of General Motors has bucked the trend. It’s down more than 16 percent since its initial public offering on November 18, 2010.

That’s the bad news—especially bad for the taxpayers, because it means we’ve lost roughly $11 billion in the government’s experiment in big business, with no real prospect that the market performance of GM will turn around anytime soon—not as long as the government is calling the shots, anyway.

There is no justification for sticking the taxpayers with the bill for this misadventure. The taxpayers didn’t want the bailout in the first place—every poll, not to mention the 2010 elections—confirms that view.

As things now stand, the taxpayers are innocent victims of the fraud that the bailout constituted from the beginning. Therefore, the only fair way to correct the injustice is to require General Motors to repay the taxpayers the $11 billion, or whatever the final amount turns out to be.

Since the automaker clearly doesn’t have that kind of cash lying around, one solution would be some type of long term debt financing. Such a settlement would not only be good for both the taxpayers and General Motors, it would also have the salutary effect of chilling the desire of any future big businesses from running to the government for a bailout.

The Washington Post got it exactly right when it wrote that, “The mere fact of government ownership is a drag on GM’s profit potential.” Consumers don’t want to buy from “Government Motors,” and top-notch executives don’t want to work for it. In addition, the bailout has brought unstable leadership: from its founding in 1923 until the government takeover in 2009, GM had a total of ten CEO’s, an average tenure of 8.6 years each. None of the three CEO’s since then has lasted even a year.

Worst of all, corporate leaders have been forced to base their decisions not on market considerations, but on the political/ideological prejudices of their government handlers. The Obama administration is ideologically committed to “green” development, and so GM has produced virtually unsalable hybrid Volts, which even at a non-competitive $41,000 lose money each and every one.

Read the rest at the link above...