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Government finances



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5Vote!

When Financial Chickens come home to roost

Takuan Seiyo has a long rant . [...] The Nobel-laureate in economics Gary Becker linked the financial travails of Argentina in the mid-1990s to government spending at more than 30% of GDP. The Swiss economist Peter Bernholz has linked hyperinflation triggers to government deficits exceeding 40% of expenditures. But government spending in Obamerica is 45% of GDP , and its deficit...

3Vote!

Divestment plan Red-flagged

A sharp war of words broke out between CPM and Congress over the government's decision to disinvest 10% of profit-making PSUs.

+Vote!

BOE new QE target of £200 billion

That is £25 billion more of printing money in English. Clearly the Bank of England have seen the pre -Budget report which will show how bad UK Government finance are and have acted accordingly. My hunch is the money printing will track the Government deficit this year; the really hard question is now the Government has this wonder drug ( QE = Fiscal Heroin) will it...

5Vote!

$3 Trillion Over 10 Years

That's what you're going to pay for the Health Care, Abortion, Illegal Immigration, Freedom, Tax Hike and Everything Else Bill. Here are excerpts from Sen. Judd Gregg's statement (h/t Red State ): Senator Gregg: Updated CBO Estimate of House Bill Pulls Back the Curtain on Majority’s Intent to Grow Government by $3 Trillion Senator Judd Gregg (R-NH), ranking member of the Senate Budget...

8Vote!

CBO: New House Health Bill Spending Estimate, $3 Trillion over 10 Years

... Updated CBO Estimate of House Bill Pulls Back the Curtain on Majority’s Intent to Grow Government by $3 Trillion Senator Judd Gregg (R-NH), ranking member of the Senate Budget Committee today commented on the Congressional Budget Office’s (CBO) more detailed cost estimate of the manager’s amendment to the House health reform bill. Senator Gregg stated, “The CBO estimate...

5Vote!

As current deficit looms large, state begins 2010-11 budget process

This year’s state $3.2 billion budget deficit is far from settled, but it’s time for the governor’s Division of Budget, the Legislature and the state Comptroller’s Office to start working on the 2010-11 spending plan. At 9:30 a.m. Monday, the day before the special budget-cutting session called by Gov. David Paterson for the current fiscal plan, the Division of the Budget, the Senate Finance...

+Vote!

Commerzbank division posts €177m loss

Bank books operating loss for nine months of the year in its asset-based finance division.

5Vote!

What is a Dollar? What is Money?

If you are serious about understanding money, then right here is your complete crash course. FREE! What Has Government Done to Our Money? by Murray N. Rothbard A book that’s both brilliant in its analysis and easy to understand by all, What Has Government Done to Our Money is a must read for anyone concerned about the future [...]

+Vote!

mahapolice.gov.in | Maharashtra State Police Constables Recruitment 2009 – 175 posts

... and allowances will be as per the approved pay scale for the posts of he police constables in the government finance department notification No. Ve Pu Ra/1209? Pra. Kra 27/sewa-9 dated 22/04/2009. Terminological contributory pension scheme will be applicable to police constables as per the Govt. Resolution A, Ni. O 10055/126/Sewa-4 date 31/10/2005.Maharashtra State Police Constables...

9Vote!

Pages, Costs, and Agencies Added To The Obama/Pelosi Health Care Behemoth

... billion, accounts for nearly $1.2 trillion in tax and fee increases and will explode the scope of government by putting the nation’s health care system in the hands of Washington bureaucrats. The $3 trillion price tag defies common sense – we simply cannot add all this new spending to the government rolls and claim to control the deficit. “If we continue to pile more and more debt...

5Vote!

CBO: New House Health Bill Spending Estimate, $3 Trillion over 10 Years

... Gregg: Updated CBO Estimate of House Bill Pulls Back the Curtain on Majority’s Intent to Grow Government by $3 Trillion Senator Judd Gregg (R-NH), ranking member of the Senate Budget Committee today commented on the Congressional Budget Office’s (CBO) more detailed cost estimate of the manager’s amendment to the House health reform bill. Senator Gregg stated, “The CBO estimate released last...

6Vote!

CBO: New House Health Bill Spending Estimate, $3 Trillion over 10 Years

... Gregg: Updated CBO Estimate of House Bill Pulls Back the Curtain on Majority’s Intent to Grow Government by $3 Trillion Senator Judd Gregg (R-NH), ranking member of the Senate Budget Committee today commented on the Congressional Budget Office’s (CBO) more detailed cost estimate of the manager’s amendment to the House health reform bill. Senator Gregg stated, “The CBO estimate released last...

+Vote!

Fitch lowers unsecured-note rating

Fitch Ratings today lowered its ratings of Irish banks' Government-guaranteed senior unsecured notes to AA- from AA+.

3Vote!

Tom Rippeth Playing to the Gallery!

Tom Rippeth the Lib Dem Prospective Parliamentary candidate for Wrecsam had a letter published in the Leader on Monday 2nd November 2009. The tone of the letter was as one would expect an attack on the One Wales Government regarding local government funding settlement and that Wrecsam had one of the lowest per capita funding (£1222 compared to Blaenau Gwent's £1586). He goes...

3Vote!

Private cancer funds to beat wait

New Delhi, Nov. 5: India's first mass screening programme for cervical cancer may take off in Bengal in three months, drawing on private funds, while proposals for government-financed early detection of cancer remain largely unimplemented.