“A GAO audit classified nearly half of all purchases on government credit cards as improper, fraudulent, or embezzled. Examples of taxpayer-funded purchases include gambling, mortgage payments, liquor, lingerie, iPods, Xboxes, jewelry, Internet dating services, and Hawaiian vacations. Jut part of the $500BILLION Washington wastes EVERY YEAR. 5million new jobs that we don't have because of this cuckoo Washington spending.”
garder54 on Jul 22, 2010 at 12:45:58
“$500 billion/year wasted? Can you provide a link?”
“Think tanks estimate the federal government wastes between $500Billion and $1Trillion per year. This expenditure produces no jobs and no economic growth. At the high end that would be 1/3 of all US federal spending. $1 wasted is $1 not spent on job creation. Spent properly, we'd have 5million new jobs within 18 months.”
maninal on Jul 21, 2010 at 14:43:01
“Which think tanks? Those against the wars? I think not. Who appointed think tanks to govern?”
healthanalyst on Jul 21, 2010 at 13:39:50
“Government spending is for jobs. Think the military ought to work for free? Never been in have you.
“maybe if we weren't spending $250Billion per year on 865 military bases in 40 overseas countries, we'd have lots of money to build a new electric grid, build the new solar and wind technologies, open lots of US factories and put millions to work in our own country. We've been doing this for decades, hence no net new job creation since December 1999 (Bureau of Labor Statistics)
“we spend $250Billion per year to maintain 865 military bases in 40 overseas countries. That's more money than all the state deficits combined. America's future is very bright if we would spend money on our industries here at home, and not most of our money in other people's countries”
“A story ran on German tv last night, July 16th (Channel 3) with 30 minutes of footage from the Niger Delta and Shell's equally gigantic disaster there. It was deeply disturbing and a global disgrace. The American public needs to see this footage. This makes the Gulf of Mexico look like a little puddle.”
“These are American multi-national corporations fouling land, sea and air. It is our responsibility to hold them accountable since their products are meant to make our lives more convenient. Shame on us, all of us for not caring more about how those comforts are attained.”
“Bureau of Labor Statistics: the last month of positive net new job creation was December 1999. GOP knows diddly about job creation. Obama is investing in alt energy, something Bush never did. Maybe we can catch up to Germany and China. Maybe.”
“If the federal government was a corporation and you were the CEO, would you spend 42% of the budget on the military (as the GOP did for 2 terms) and then wonder why we lose leadership in all our industries and have no jobs?”
“Pull out immediately. After 9 years it is clear the US is clueless about what it is doing and if I look at the totally chaotic US exit from Iraq, I know damn well the US has no clue what it is doing in Afghanistinkingstan”
“Open up Cuba. Massive opportunities for US tourism, hotels, airlines, banking, infrastructure, farming, energy and materials companies. Population 11 million. The past Cuba path hasn't worked. Try a new one. Lots of jobs for Americans. Eat some humble pie and bring free trade with Cuba.”
StanleyBing on Jul 14, 2010 at 08:20:08
“Lots of jobs for Cubas, for Americans? Not so much.”
“The GOP has no ideas about job creation, dealing with the nation's debt, clean energy etc. The GOP bankrupted us with 2 wars and spending 44% of the nation's budget on the military. It is always the GOP pushing military spending. Hence America is bankrupt and increasingly irrelevant in the world. Net new job creation has plummeted since 1999. Yup, great track record GOP. The GOP is irrelevant.”
onecaguy12356 on Jul 13, 2010 at 04:35:57
“If you think we spent 44% of the nation's budget on the military, than you don't know what you're talking about.
“There are 192 countries in the world. America spends 43% of what the world's countries spend on defense. America has become dumb as a rock.”
lodger16x on Jul 12, 2010 at 04:13:36
“By some calculations, US spends over 100% of what the rest of the world spends.”
Sysaphean on Jul 12, 2010 at 03:26:48
“Not if you are one of the corporate elite in the military industrial complex or a Wall Street Bankster. Then life is just GREAT! What IS dumb, is that we don't take to the streets and DEMAND that this nonsense stop. Until we do, nothing, I repeat nothing, will change. The right wing and the corporate elite no longer fear the people.
Using the media for irrelevant news coverage, then dividing the people on fractious social issues, etc., they have assured that the people will never unite and will continue to vote away their own best interests. Throw in some trumped fear over "terrorism" or the latest invented and hyped crisis or boogey man and success is all but guaranteed. Sad but true.”
“Cut military spending 75%. Invest in America's industries (biotech, medical, clean energy for American energy independence, manufacturing, entrepreneurs, start ups). America's economy will soar so fast it will blow everybody's mind. America, still the most creative place on earth with the best talent. Open the stable door and let that pony run!”
jlessig on Jul 11, 2010 at 09:00:17
“The only thing that the Barney Frank's of Congress are willing to cut is military spending. Military spending as a percentage of GDP is already at its lowest point in 50 years (4% it was as high 10 to 12% as early as the 1960s). This is even more notable when the fact that the U.S. has 1/3 of its forces mobilized in Afghanistan and Iraq.
To cut military spending is to affect other vital interests such as deterring war and promoting trade through the protection of shipping lanes. Our military is a symbol of our freedom. It is something we readily take for granted just as we assume those in Washington act in the best interests of our country.
The fastest growing segment of our government spending is the financing of our massive debt. Yes, Bush was a big spender, but he now looks like a miser when compared to what has gone in the past 18 months. The Obama Administration will add more to the National Debt in its first two years Bush did in two terms.
What needs to be cut government-wise is government itself. Social Security and Medicare have unfunded liabilities in excess of $50T. We are on the path to becoming Greece but with no EU or USA to come to the rescue when all hell breaks loose.
When this happen, we will not only have difficulty funding our military, but government itself will be for all intents and purposes BROKE.”
bannorhill on Jul 11, 2010 at 08:52:50
“The propblem is too much government and spending. The best way to invest in US industries is to let companies keep some of the money they earn so they can invest and keep government out of their way.”
“America spends 42% of the federal budget on the military and you're surprised there are no jobs? No jobs for many years and that means no housing market recovery.”
rotorhead1871 on Jul 10, 2010 at 01:54:29
“I just checked and its about 19% to DOD. (wickipedia budget pie chart) the job situation is bad, but its bad all over. the world economy is in the tank, for now, but it will get better, just dont know when.... keep the faith...”
“Germany's unemployment in the southern half of the country (the manufacturing belt) is presently 4.5%. Imagine Detroit with 4.5% unemployment. The German government invested in their industries. Now there are jobs galore. Who would have thought?”