Only the Government...

[clublights]

Only the Government could call LOSING 1.3 BILLION dollars a "major accomplishment.".



http://money.cnn.com/2011/07/21/auto...=yes&hpt=hp_t2

Thats about 4 bucks out of EVERYONE in the US's pocket... babies, kids, teens, adults... everyone gave 4 bucks for the feds to lose on that deal....

[n8tive97]

Any other member of management in a private company that made that poor of a decision would be out of a job, yet these tools get to keep their jobs year after year!

[mutt]

It was a major accomplishment for whoever profited 1.3 billion at taxpayer expense. This is what happens when you have a govt that plays with trillions in fake money. Billions are just a rounding error and to be dismissed. What's the big deal about losing 1.3 billion compared to a national debt of 14500 billion and counting? Eventually this all ends badly.

[Mtn.man]

It was a major accomplishment for whoever profited 1.3 billion at taxpayer expense. This is what happens when you have a govt that plays with trillions in fake money. Billions are just a rounding error and to be dismissed. What's the big deal about losing 1.3 billion compared to a national debt of 14500 TRILLION and counting? Eventually this all ends badly.

Fixed

[mutt]

14500 Billion = 14.5 Trillion, our current national debt.
14500 Trillion = 14.5 Quadrillion. I'm sure it'll get there eventually. Give em a few decades. =)

[TS12000]

Give em a few decades. =)

Yeah cause they'll make it that long right, right?

[Mtn.man]

[mutt]

Yeah cause they'll make it that long right, right?

Who knows. Japan has been able to dig a debt hole that's over 200% of GDP. The US is just at a 'mere' 100%. Greece only made it to 144% before reaching the brink. Who knows when the train wreak will happen. I suspect when the powers that be have bled dry all of our real wealth, then the full faith and credit of the US government will become officially worthless.

[Mtn.man]

Some pretty interesting "programs"!! That's for sure!! Wow!! Please keep in mind, that each one is some Senator or Congressman’s sacred cow..

These are all the programs that the new Republican House has proposed cutting. Read to the end.
Corporation for Public Broadcasting Subsidy. $445 million annual savings.
Save America's Treasures Program. $25 million annual savings..
International Fund for Ireland. $17 million annual savings.
Legal Services Corporation. $420 million annual savings.
National Endowment for the Arts. $167.5 million annual savings.
National Endowment for the Humanities $167.5 million annual savings.
Hope VI Program.. $250 million annual savings.
Amtrak Subsidies. $156.5 billion annual savings.
Eliminate duplicative education programs. H.R. 2274 (in last Congress), authored by Rep. McKeon, eliminates 68 at a savings of $1.3 billion annually.
U.S.Trade Development Agency. $55 million annual savings.
WoodrowWilson CenterSubsidy. $20 million annual savings.
Cut in half funding for congressional printing and binding. $47 million annual savings.
JohnC. Stennis CenterSubsidy. $430,000 annual savings.
Community Development Fund. $4.5 billion annual savings.
Heritage Area Grants and Statutory Aid. $24 million annual savings.
Cut Federal Travel Budget in Half. $7.5 billion annual savings
Trim Federal Vehicle Budget by 20%. $600 million annual savings.
Essential Air Service. $150 million annual savings.
Technology Innovation Program. $70 million annual savings.
Manufacturing Extension Partnership (MEP) Program. $125 million annual savings.
Department of Energy Grants to States for Weatherization. $530 million annual savings.
Beach Replenishment. $95 million annual savings.
New Starts Transit. $2 billion annual savings.
Exchange Programs for Alaska, Natives Native Hawaiians, and Their Historical Trading Partners in Massachusetts .. $9 million annual savings
Intercity and High Speed Rail Grants. $2.5 billion annual savings.
Title X Family Planning. $318 million annual savings.
Appalachian Regional Commission. $76 million annual savings.
Economic Development Administration. $293 million annual savings.
Programs under the National and Community Services Act. $1.15 billion annual savings.
Applied Research at Department of Energy. $1.27 billion annual savings.
FreedomCAR and Fuel Partnership. $200 million annual savings.
Energy Star Program. $52 million annual savings.
Economic Assistance to Egypt. $250 million annually.
U.S.Agency for International Development. $1.39 billion annual savings.
General Assistance to District of Columbia. $210 million annual savings.
Subsidy for Washington Metropolitan Area Transit Authority. $150 million annual savings.
Presidential Campaign Fund. $775 million savings over ten years.
No funding for federal office space acquisition. $864 million annual savings.
End prohibitions on competitive sourcing of government services.
Repeal the Davis-Bacon Act. More than $1 billion annually.
IRS Direct Deposit: Require the IRS to deposit fees for some services it offers (such as processing payment plans for taxpayers) to the Treasury, instead of allowing it to remain as part of its budget. $1.8 billion savings over ten years.
Require collection of unpaid taxes by federal employees. $1 billion total savings.WHAT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!!!!!!
Prohibit taxpayer funded union activities by federal employees.. $1.2 billion savings over ten years.
Sell excess federal properties the government does not make use of. $15 billion total savings.
Eliminate death gratuity for Members of Congress..
Eliminate Mohair Subsidies. $1 million annual savings.
Eliminate taxpayer subsidies to the United Nations Intergovernmental Panel on Climate Change. $12.5 million annual savings
Eliminate Market Access Program. $200 million annual savings.
USDA Sugar Program. $14 million annual savings.
Subsidy to Organization for Economic Co-operation and Development (OECD). $93 million annual savings.
Eliminate the National Organic Certification Cost-Share Program. $56.2 million annual savings.
Eliminate fund for Obamacare administrative costs. $900 million savings.
Ready to Learn TV Program. $27 million savings..
HUD Ph.D. Program.
Deficit Reduction Check-Off Act.
TOTAL SAVINGS: $2.5 Trillion over Ten Years

And this really takes the cake.
http://sbynews.blogspot.com/2011/07/...big-story.html

[Mtn.man]

The people elect em and then they Fuk us to death.