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CAGW's Blog
1-800-
BE-ANGRY
January, 2010
A Monthly Dispatch from Citizens Against Government Waste
Prime Cuts 2010: Quantifiable Recommendations for Change (We Believe In!)
by: Erica Gordon
President Obama’s January 27th State of the Union Address raised more questions than answers. While the national debt continues to soar past $12.3 trillion and the unemployment rate hangs at 10 percent, Americans long to hear the President offer some commonsense solutions. Instead, the President stubbornly clings to his stagnant tax-borrow-and-spend policies. Taxpayers don’t want to pay for another stimulus package (which will undoubtedly be stuffed with wasteful pork-barrel projects like its predecessor), nor are they fooled by the administration’s attempt to re-label it as a “jobs” bill.
The Many Perks of Congressional Employment
by: Sean Kennedy
Supposedly in Denmark to attend the Copenhagen Climate Summit, multiple members of Congress have been criticized for treating the trip as a personal vacation. The trip included seven Republicans and 15 Democrats, most notably House Speaker Nancy Pelosi (D-Calif.) and House Majority Leader Steny Hoyer (D-Md.).
As Massachusetts Goes….
by: Tom Schatz
…so goes the ongoing effort to fight government waste, higher taxes, and save the future for our children and grandchildren.
Fannie Mae and Freddie Mac – The Voldemort(s) of the Financial Crisis
by: Leslie Paige
On January 13, 2010, the Financial Crisis Inquiry Commission (FCIC) launched a year-long probe on the financial crisis with two days of hearings, starting with testimony from the CEOs of Bank of America, Goldman Sachs, JP Morgan Chase, and Morgan Stanley. It is not clear whether the hearings and the subsequent report will be an authentic “teachable moment” or just another in a long line of show trials masquerading as serious congressional inquiries, but the early signs don’t look promising.
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