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The Five Most Ridiculous Uses of Government Money

Tyler Durden's picture




 

While funding custom-fit condoms was stretching the government's buck just a little too far for some, the following 5 stunning expenses, earmarks, and pork spending that Bloomberg uncovered are mind-blowing. From over $500,000 on pet shampoo to what to eat on planet Mars; none of these compare with the back-pay for no work paid to Federal employees during the shutdown. Watch this 72 seconds of gluttony without throwing something at your monitor...

 

 

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Thu, 01/16/2014 - 15:15 | 4338533 hedgeless_horseman
hedgeless_horseman's picture

 

 

How much for the drone strikes on wedding parties in nations we are not at war with, like Yemen?  Those chemical-weapon enhanced missiles are not a cheap wedding gift, and it wasn't even listed on the bride and groom's registry.

Thu, 01/16/2014 - 15:17 | 4338550 Double.Eagle.Gold
Double.Eagle.Gold's picture

Priceless

 

Thu, 01/16/2014 - 15:29 | 4338574 hedgeless_horseman
hedgeless_horseman's picture

 

 

Priceless

Not exactly.

This warhead is designed to inflict greater damage in multi-room structures, compared to the Hellfire's standard or blast-fragmentation warheads. The Metal Augmented Charge or MAC (Thermobaric) Hellfire, designated AGM-114N, has completed rapid development cycle in 2002 and was deployed during OIF by US Marines Helicopters in Iraq. The new warhead contains a fluorinated aluminum powder that is layered between the warhead casing and the PBXN-112 explosive fill. When the explosive detonates, the aluminum mixture is dispersed and rapidly burns. The resultant sustained high pressure is extremely effective against enemy personnel and structures. The AGM-114N is designed for deployment from helicopters such as the AH-1W or UAVs such as the Predator drones.

 

http://defense-update.com/products/h/hellfire.htm

Thu, 01/16/2014 - 15:35 | 4338590 Dr. Engali
Dr. Engali's picture

You would think there would be a law against chemical weapons.........oh wait.

I guess it's like any other law, it doesn't apply to those who make the laws.

Thu, 01/16/2014 - 15:46 | 4338619 hedgeless_horseman
hedgeless_horseman's picture

 

 

LMT up 63% in one year, and look at that dividend yield!

Way to go, Marillyn!

 

Disdain for the Recognition of Human Rights - Because of fear of enemies and the need for security, the people in fascist regimes are persuaded that human rights can be ignored in certain cases because of "need." The people tend to look the other way or even approve of torture, summary executions, assassinations, long incarcerations of prisoners, etc.

 

 

Thu, 01/16/2014 - 15:48 | 4338658 Buckaroo Banzai
Buckaroo Banzai's picture

Communists are pretty much identical to fascists regarding the subordination of human rights to the state. Considering that Obama has been responsible for the overwhelming majority of US drone strikes, that is supportive of my assertion.

Thu, 01/16/2014 - 16:01 | 4338696 Buckaroo Banzai
Buckaroo Banzai's picture

Obama is a communist, put in charge to manage the transition of the US from fascism to communism. Virtually all meaningful corporations are international in scope, and have so thoroughly merged into western governments that they are arguably part of them now. Huge chunks of the federal bureaucracy are run by corporate executives in between corporate gigs. Corporations certainly do all the heavy lifting in the marketing and propaganda departments, and along with the University system manage all indoctrination services for all subject humans 18+ years and older.

Thu, 01/16/2014 - 16:52 | 4338831 akarc
akarc's picture

"Virtually all meaningful corporations are international in scope, and have so thoroughly merged into western governments that they are arguably part of them now. Huge chunks of the federal bureaucracy are run by corporate executives in between corporate gigs."

Which spells total Fascism! Watch what they do not what they say. Wage destruction, widening wealth gap, trickle up economics.

While pennies are thrown at citizenry to keep them from starving and thus rising up and questioning the powers to be the actual WEALTH is being redistributed to a select few who are profiting/raping the rest of us. Aided I might add by those who mouth the socialist meme over and over again when nothing can be further from the truth.

Remember, Obamas pick for job czar was Jeffery Immelt? Obamas attorney general is going after none of the corporations that aided and abetted the crash for nothing other than pennies in hush money.

The protection of the rich and poweful and the colusion that has occured to increase there wealth at the expense of the rest of us is no where close to socialism. My God we subsidize the corporations by giving their workers food stamps cause the motherfuckers moan and grown about having to pay workers enough to fucking EAT!  

Fools or Tools?

You can not fight an enemy if you do not know who and what they are!

Addendum: http://www.zerohedge.com/news/2014-01-16/bernankes-legacy-record-13-tril...

Thu, 01/16/2014 - 16:53 | 4338864 Buckaroo Banzai
Buckaroo Banzai's picture

You can't have fascism without clear lines between nations and national interests. With international corporations come international interests, and necessarily, international socialism. Under fascism, corporations serve the interests of their owners. Under communism, corporations serve the interests of the Party Elite, which in this case, are the corporate executives, politicians, and bureaucrats that all benefit. Shareholders (owners) no longer meaningfully benefit.

 

Thu, 01/16/2014 - 17:25 | 4338926 akarc
akarc's picture

American corporations are practicing economic Imperialism. Even in communist countries such as China the wealth is trickeling to the top as their people are used for our corporate interest.

" Under communism, corporations serve the interests of the Party Elite, which in this case, are the corporate executives, politicians, and bureaucrats that all benefit. Shareholders (owners) no longer meaningfully benefit."

Our politicians and bureacrats serve themselves and the corporations. Again, we are spending taxpayer dollars to provide benefits to workers whom corporations refuse to pay a living wage. We are and have been subsidizng corprations for the sole purpose of enhanciing their profit margins. We then shoot down attempts by the workers who attempt to advocate for themselves via Unions or whatever by calling them communist. Which of course make the corporate pigs quite happy as the marketing machine works just as well with propaganda.

We have redirected our whole justice system to focus on dissident citizens as oppossed to crooked politicians, lobbyists (both of who are actually corprate UNION members along with PAC's and such).

Communist countries are a joke as they too have the special few that join their 1%'s via selective permision to be "capitalists". Depends on who ya pay eh!

Minority sharehholders rarely benefit. Who are the major shareholders and their cronies? The ones who get bailed out?

Again depends on who pays who. A totally capitalistic practice protected by facists. 

Fri, 01/17/2014 - 01:23 | 4340139 TheReplacement
TheReplacement's picture

You are both wrong.  There is no single unified conspiracy.  There are several.  You have the bankers bernaking.  You have the the politicians oblahblahing.  You have the corporations incorporating.  The workers of the world are working, no doubt hard and for all of our benefits.  The MIC just keeps on keeping us all safe.

Obama certainly is some kind of ist.  Who knows which?  He's a politician.  His lips are moving.  He's lying.  You don't know anything about his true intent except that he seems fond of himself, tends to talk bigger than he walks, misses a lot of freethrows, and he can get congress to bend every single time.

This looks like a multiway consolidation and distribution of power.  All must know that none will be satisfied.  So close to the ring... must... have... it... all...  I think they will tear each other apart.  Sadly they will take many of us with.

Fri, 01/17/2014 - 13:10 | 4341378 marathonman
marathonman's picture

Communism, socialism, fascism are all down there on the left end of the political spectrum.  They are all schemes to delude the people that they are getting something for nothing when in fact they are just creating monopolies for favored industries and connected benefactors.

Thu, 01/16/2014 - 16:24 | 4338777 LMAOLORI
LMAOLORI's picture

 

 

The only real difference between Socialism/Fascism/Communision is the means used to achieve the end goal.

 

In all 3 cases the end result is the same a TOTALITARIAN government that controls everything you do and say.

 

Tell me with a straight face that you do not see that happening right now.

Thu, 01/16/2014 - 17:44 | 4338993 MeBizarro
MeBizarro's picture

Pretty good difference in who owns what. 

Thu, 01/16/2014 - 20:22 | 4339494 Tall Tom
Tall Tom's picture

Do you think that there was not an Oligarchy within the former Soviet Union? Do you think that they were not exempt from the laws?

Do you think that there was not an Oligarchy within the former Nazi Germany? Do you think that they were not exempt from the laws?

Do you think that there was not an Oligarchy within the current United States? Do you think that they are not exempt from the laws?

 

You see the theater played out on stage and fail to understand what is going on Backstage.

 

Haven't you been entertained long enough, now?

 

Fascism, Fabianism, Marxism all exist to serve the oligargchy while giving the serfs the impression that it is, somehow, serving them. This ends up fleecing the serfs of their wealth, enslaves the masses. and forces their servitude. The master, We the People, become the servant as it regressively degenerates.

 

This theme has been played out countless times on the World Stage. It transcends borders and has been doing so for Milennia.

 

Are you awake yet?

 

Just make sure that you are one of the owners of Real Wealth. That way you will have a chance, not a guarantee, but a chance, when the whole damned charade disintegrates before your very eyes.

 

It is better to have a chance than to have no chance at all.

Thu, 01/16/2014 - 18:08 | 4339055 Greenskeeper_Carl
Greenskeeper_Carl's picture

+1. The arguments about which we live under is pointless. As if parts of all of them can't exist at the same time. They are all forms of totalitarian regimes that any intelligent person should object to. And we obviously live in such a world

Thu, 01/16/2014 - 16:46 | 4338838 akarc
akarc's picture

YOur assertion of what? That:

"Communists are pretty much identical to fascists regarding the subordination of human rights to the state."

 

Thu, 01/16/2014 - 15:37 | 4338616 _SILENCER
_SILENCER's picture

Jesus. What the fuck is wrong with humanity? We have to goddamn stop these people.

Thu, 01/16/2014 - 15:52 | 4338667 oddjob
oddjob's picture

Unfortunately nothing short of a killing fields type scenario is going to provide any measurable change.

Thu, 01/16/2014 - 18:13 | 4339072 BigJim
BigJim's picture

That's exactly what Iraq's and Afghanistan's insurgents were trying to do; to stop these people.

Thu, 01/16/2014 - 15:38 | 4338618 buzzsaw99
buzzsaw99's picture

well i'm proud to be an american where at least i know i'm free...

Thu, 01/16/2014 - 16:07 | 4338715 eclectic syncretist
eclectic syncretist's picture

Holy Shit, and the government won't let me buy strike anywhere matches anymore because they contain minute amounts of phosphorus sesquisulfide?  WTF?

Thu, 01/16/2014 - 16:31 | 4338792 Dr. Engali
Dr. Engali's picture

They hate us for our freedoms.

Thu, 01/16/2014 - 18:44 | 4339133 bigrooster
bigrooster's picture

Hopefully a family member of this child can make their way over here and kill Obama.  Is that illegal to wish or hope that someone will kill our President?  If not obonghole better get his pen out and make it so.  If that was my child only death could stop me from taking revenge on the "O"ne who authorizes these drone strikes.

This will be coming to homes here soon in the USSA.  The longer we wait and let the government develop/deploy these drones the more bleak our future.  I am starting to think that it was not by chance that the first Terminator movie came out in 1984!  Skynet is operational and getting stronger by the day.

Thu, 01/16/2014 - 19:27 | 4339273 dellievan
dellievan's picture

We had to destroy those around the terrorists to save them . . .

Thu, 01/16/2014 - 15:21 | 4338554 ZerOhead
ZerOhead's picture

You mean not at war with YET... officially anyway.

And as for the drone attacks... we now call them Wedding crashers.

Thu, 01/16/2014 - 15:23 | 4338563 Headbanger
Headbanger's picture

I think a lot of people will just stop paying taxes soon in seeing what a joke the government has become.

Thu, 01/16/2014 - 15:39 | 4338621 FeralSerf
FeralSerf's picture

It's nearly impossible to stop paying the inflation tax, which is now the largest tax Americans pay, due to Fed printing.

Thu, 01/16/2014 - 15:59 | 4338692 zaphod
zaphod's picture

Bitcoin, Gold, Ammo, dried and canned food. These are not inflatible.

Thu, 01/16/2014 - 15:22 | 4338565 loonyleft
loonyleft's picture

don't forget the 2nd strike at the funeral to get the ones you missed. 

Thu, 01/16/2014 - 15:40 | 4338626 ejmoosa
Thu, 01/16/2014 - 19:34 | 4339297 logicalman
logicalman's picture

You are right, but, unfortunately for the recipients it was something of a SURPRISE.

Evil bastards are running the place and we need to find a way to stop them. ASAP.

Thu, 01/16/2014 - 15:17 | 4338546 robochess
robochess's picture

Missed the biggest one of all... PAYROLL.

Thu, 01/16/2014 - 15:25 | 4338572 Bear
Bear's picture

Truly amazing ... we pay them twice the average private sector pay to think up way to spend our money ... cut .gov by 50% and nobody would notice (except those expecting a check every Thursday)

Thu, 01/16/2014 - 19:38 | 4339307 logicalman
logicalman's picture

It's way worse than that.

They use the money they stole from you to spy on you and pay for the thugs in blue to oppress you.

Oh, yes, they also use it to reduce the number of brown people on the planet.

If you are not angry about what's going on, you are simply blind, stupid or both.

Thu, 01/16/2014 - 15:18 | 4338549 KidHorn
KidHorn's picture

$500,000 is nothing. You would be amazed at how much in travel expenses some gov't employees ring up. Basically their job includes giving a 1 hour speach while attending a 5 day seminar at some vacation spot. They do this 10 times a year, All at taxpayer expense.

Thu, 01/16/2014 - 15:35 | 4338599 LMAOLORI
LMAOLORI's picture

 

 

A new report about that very subject...

Even after the Abramoff reforms, companies and countries looking to sway Congress find ways to ply lawmakers with fancy overseas trips


How Lobbyists Still Fly Through Loopholes


http://www.nationaljournal.com/magazine/how-lobbyists-still-fly-through-...

Thu, 01/16/2014 - 19:38 | 4339310 logicalman
logicalman's picture

Lobbying = BRIBERY.

FIFY

Thu, 01/16/2014 - 15:22 | 4338555 LetThemEatRand
LetThemEatRand's picture

Another example of ZH turning Red Team MSM.  In more relevant news, I hear that Congress is considering asking pretty please for the MIC to tell it how much it spends on its "black budget" (just top line figures, no details).   Because, you know, they're curious and stuff.

Thu, 01/16/2014 - 15:30 | 4338584 NoDebt
NoDebt's picture

How did you come to the conclusion this is a red-team issue?  Honestly, I am fascinated how wasting taxpayer money is only an issue for one side of the aisle.

You sound like you've got a tummyache lately or maybe you had to put your dog down recently or something.

Thu, 01/16/2014 - 15:36 | 4338608 LetThemEatRand
LetThemEatRand's picture

The Blue Team thinks there is unlimited money for everything.  The Red Team thinks there is unlimited money for the MIC and Prison Industrial Complex and NSA, and convinces its followers that the way to pay for those things is to cut "waste" that amounts to a hill of beans in comparison to MIC/crony give aways.  It's the model that has worked for politicians for 40 years and it's sad to see ZH picking up on the mentality under its new ownership.  

Thu, 01/16/2014 - 15:52 | 4338675 Buckaroo Banzai
Buckaroo Banzai's picture

Well, don't forget that national defense and prosecuting war are actual enumerated powers in the US constitution. Unlike virtually everything the left side of the aisle likes to spend money on.

That said I don't entirely disagree with your point.

Thu, 01/16/2014 - 16:09 | 4338721 pods
pods's picture

Kind of have to be careful with that "national defense" line.  It speaks of the "common defense" in the reasoning for laying and collecting taxes.
The constitution did not even allow a standing army, only the raising of one, and for no longer than 2 years.

And will you please stop this left-right bullshit.

pods

 

Thu, 01/16/2014 - 19:42 | 4339321 logicalman
logicalman's picture

You missed something important...

Blue Team/Red Team is theatre.

THEY ARE ALL THE FUCKING SAME!!

A front/distraction from the (small number of) people who really run the place.

Time to kill the root.

Fri, 01/17/2014 - 12:49 | 4341295 czardas
czardas's picture

Is that something you and Pajama Boy had a discussion about over the holidays?

Thu, 01/16/2014 - 15:37 | 4338615 tvdog
tvdog's picture

I've always kind of wondered how Congress manages to appropriate money for black projects without knowing how much to spend or whom to give it to.

Thu, 01/16/2014 - 16:10 | 4338723 pods
pods's picture

A lot of that $$ comes from slush fund money. Drugs, guns, etc.

pods

Thu, 01/16/2014 - 18:05 | 4339045 jimmytorpedo
Thu, 01/16/2014 - 16:01 | 4338700 pods
pods's picture

Well taken as a one off I would say no, but there seems to be more and more MSM type articles popping up.  

Wouldn't go so far as to say they are on a team now, but it will be something to watch.  

A lot of old timers seem to be a bit nervous about the hedge as of late. I haven't been around as much, but the "Ten things" articles are starting to appear more and more.

pods

Thu, 01/16/2014 - 16:22 | 4338768 Crash Overide
Crash Overide's picture

" I hear that Congress is considering asking pretty please for the MIC to tell it how much it spends on its "black budget" (just top line figures, no details)."

 

Do you really think they would get any information from the MIC that is current and useful... Remember on September 10th 2001 when Rumsfeld couldn't find 2 trillion?

We now know a 'little' about the FED's black budget and everyone knows they bailed out international banks and continue to destroy American with reckless policy and I ask you, what has changed?

The message is clear, fuck you, we do what we want when we want until you stop us... NSA, FED, IRS, Executive Order Barry, Syria, Benghazi, Egypt, etc...

Thu, 01/16/2014 - 18:17 | 4339080 BigJim
BigJim's picture

2 Trillion! I remember! That was back when $2 trillion seemed like quite a lot of money.

Thu, 01/16/2014 - 17:12 | 4338913 Blano
Blano's picture

Criticism of blue shouldn't be construed as endorsement of red.

Thu, 01/16/2014 - 15:21 | 4338560 buzzsaw99
buzzsaw99's picture

broomturd is part of the probrem.

Thu, 01/16/2014 - 15:23 | 4338567 Sudden Debt
Sudden Debt's picture

Paying interest on their own currency... the dollar...

hint: it's a bit more than a million...

Thu, 01/16/2014 - 15:27 | 4338576 Bear
Bear's picture

I wonder how much interest they pay on the millions of credit cards they have issued?

Thu, 01/16/2014 - 15:35 | 4338583 Dr. Engali
Dr. Engali's picture

Picking up pennies in front of a steam roller. Tell me how much of my buying power the federal reserve is inflating away, or how much the banks are picking out of my kids pockets. Therein lies the real theft. The fed prints enough currency to cover this in a nano-second.

Thu, 01/16/2014 - 16:13 | 4338739 pods
pods's picture

Doc, it gets the Reds all fired up about austerity.  Condoms?  Hell, that ain't no enumerated power!

Fucking 99% of what this government does is unlawful.

Zinc pennies in front of the steam roller.

pods

Thu, 01/16/2014 - 16:56 | 4338876 Dr. Engali
Dr. Engali's picture

Agreed. Shit like this is just click bait. I guess it does serve one good purpose... Moar people are recognizing that fact.

Thu, 01/16/2014 - 16:59 | 4338881 game theory
game theory's picture

Inflation...theft...those words don't fully capture what is happening.  Let's call it "fascism" because that is closer to what it is.  The US gov't and the employees of that gov't don't give a shit what the citizens think. Vote red or blue or something in the middle...it doesn't matter...you will get a deficit spending gov't that likes to counterfeit and pay off their closest friends first. The weirdest thing is that many of these people in DC call themselves "patriots" when instead they are the opposite of that.

I thought the markets would be allowed to enforce discipline on the gov't through rates. Nah. The Fed can come in and mess with the markets.  All the people worrying about their kids and inflation...yes...that's going to be awful...sure...like the 70s.   But it seems to me the bigger problem is that now we all recognize the bullshit collusion between Wall Street's "too-big-to-fail" and politicians' "too-rich-to-care".  

Shit is getting worse...our local city workers are looting the coffers with pay raises and overtime and pension padding...and I didn't even think there was money left to loot!  Damn, it is all so frustrating.

Thu, 01/16/2014 - 18:19 | 4339083 BigJim
BigJim's picture

 The weirdest thing is that many of these people in DC call themselves "patriots" when instead they are the opposite of that.

There's nothing 'weird' about it. The sheep loves them a good patriot.

Thu, 01/16/2014 - 15:33 | 4338597 Bear
Bear's picture

We pay people in DC to lie to us ... truth would be far cheaper

Thu, 01/16/2014 - 15:41 | 4338630 FeralSerf
FeralSerf's picture

It's full employment for pathological liars. Think what the unemployment rate would be if they were all laid off.

Thu, 01/16/2014 - 15:49 | 4338661 kchrisc
kchrisc's picture

If I had bigger balls, I'd start a "non-profit" whose stated goal is to take government loot and funnel it directly to the campaigns of its more ardent government "supporters." I'd pay myself a huge salary and travel the world.

When they tell me that that can't be done or is illegal, I would just point to "K" street and the "research" labs of most major universities.

But then I might just end up at Guantanamo or something.

 

"Ignorance of the Constitution and 'following orders' are not legitimate excuses."

 

 

Thu, 01/16/2014 - 15:52 | 4338678 Buckaroo Banzai
Buckaroo Banzai's picture

Don't worry, the IRS would never approve your non-profit status anyway.

Thu, 01/16/2014 - 17:14 | 4338917 Blano
Blano's picture

All you have to do is list your supporters as Acorn, La Raza, Black Panthers etc. and you're home free.

Thu, 01/16/2014 - 15:49 | 4338665 Spungo
Spungo's picture

We need to use chemical weapons over there to discourage the world from owning chemical weapons. This aluminum fluoride thing is no big deal. All it does is turn into hydrofluoric acid when it touches water. It's our god given right to use chemical weapons. Damn hippies and your morals and shit. Jesus died for our sins so we could sin even more. 

Thu, 01/16/2014 - 18:21 | 4339088 BigJim
BigJim's picture

They're not chemical weapons if we're using them; how could they be? We've signed all sorts of conventions 'n shit.

Thu, 01/16/2014 - 15:51 | 4338671 Kirk2NCC1701
Kirk2NCC1701's picture

Just carpet-bomb enemy states with Dopium and Hopium (uneducated and uninformed but hopeful), like they do in the US.

Failing that, carpet bomb 'em with Coke, Ice and Dope and Opium.

Failing that, just Monsanto them (used as a verb), and con-trial spray 'em with bio-agents that turn them into whatever the MIC and CBs need them to turn into:  bio-mush or compliant zombies.

p.s. Remember that it's a fiat currency anyway, backed by the labor and resources of the rest of the planet -- that is still taking our USDs.  As long as they do (and remain willfully stupid to do so), who really cares what stimulant programs some entrepreneurs get.  It's more of a testament to their entrepreneurial skills than anything else.

The show and momentum must go on, until it can't.  Basic laws of physics and human nature.

Thu, 01/16/2014 - 17:19 | 4338929 F.A. Hayek
F.A. Hayek's picture

Hopium and Monsanto are both carcinogenic.

Thu, 01/16/2014 - 15:53 | 4338677 Flakmeister
Flakmeister's picture

How about roughly $14 billion a year to subsidize corporations to grow food?

Thu, 01/16/2014 - 16:18 | 4338755 pods
pods's picture

Is that food to be eaten, burned, or not to be grown?

Great gig though, take oil and refine it.  Then use it to power machines to help grow corn. Use corn to make ethanol and use that to power machines to do work.

Then call that renewable.  Hiking prices along the way while earning adoration by environmental peeps and cost subsidies from the gov.

Could not make this shit up on the funny farm!

pods

Thu, 01/16/2014 - 16:32 | 4338796 F.A. Hayek
F.A. Hayek's picture

Only in the fucked world of big-government would this circular logic make any sense. Unfortunately it's not just a liberal disorder.

Thu, 01/16/2014 - 20:41 | 4339567 Tall Tom
Tall Tom's picture

It IS JUST a LIBERAL (Non Classical) DISORDER.

 

Both Political Parties are just brands of the SAME SOCIALIST PARTY. They are both "LIBERAL".

 

Haven't you got that yet? With your avatar name's sake you should understand that...

 

 

Thu, 01/16/2014 - 16:49 | 4338851 Blizzard_Esq
Blizzard_Esq's picture

Cheaper food, no shortages, I'm actually ok with this one. Food is a necessity and keeping it cheap is very good. 60 years ago it was 30-40% of your budget, now its less than 10%. 

Thu, 01/16/2014 - 17:20 | 4338935 QQQBall
QQQBall's picture

Well then just throw more money at it and soon it will be free. 

Thu, 01/16/2014 - 18:00 | 4339028 pods
pods's picture

It is cheap now, but it is not food.

More like "food."

pods

Thu, 01/16/2014 - 18:23 | 4339095 BigJim
BigJim's picture

 60 years ago it was 30-40% of your budget, now its less than 10%.

Lulz. Do you think one of the reasons that non-food items have ballooned from 60-70% of your budget to more than 90% IS because people's pockets have been picked to subsidise food?

Thu, 01/16/2014 - 20:59 | 4339603 Tall Tom
Tall Tom's picture

Food is probably closer to 40% -50% of the budget in a Middle Class Home. The problem is that the cost is not reflected in the Shelf Price for the Food.

 

That fictitiously low price is SUBSIDIZED by the Government through the TAX REVENUES WHICH YOU PAY. You can bet that the Government is getting a slice of that pie..PUN INTENDED.

 

In poorer families it is about the same, is reflected in the shelf price, and not as a result of taxes paid, but as a result of Low Gross Annual Income. (They do not pay taxes.) 

 

Any business which the Government intrudes upon becomes more expensive in the long term. Food is not exempt.

 

Commodity prices decline as gains in productivity are realized. But that will encourage Saving. The Government cannot have that as DEAD MONEY does not generate TAX REVENUES. The entire intention behind the Government is to raise the cost of living to dissuade savings and increase Tax Revenues.

 

No. I am not okay with SOCIALISM...PLANNED ECONOMIES...OR GOVERNMENT...AT ALL.

Thu, 01/16/2014 - 16:12 | 4338728 rtalcott
rtalcott's picture

I live in the land of DOE & DOD (NM) and no amount of waste would surprise me...it's almost ALL waste and fraud/corruption.  Running a national lab is almost as profitable (and corrupt) as running a bank.

Thu, 01/16/2014 - 16:15 | 4338744 LMAOLORI
LMAOLORI's picture

 

 

According to some people spending money is a good thing LMAO they don't seem to realize that this so called profit is a joke since it comes from interest on the debt.

 

The Insanely Profitable Federal Reserve

http://www.thedailybeast.com/articles/2014/01/14/the-insanely-profitable...

 

 

Thu, 01/16/2014 - 16:16 | 4338746 skank
skank's picture

Wheres my elephant Simpsons
http://www.youtube.com/watch?v=h5YFqb1dD2Y

Thu, 01/16/2014 - 16:55 | 4338870 SmittyinLA
SmittyinLA's picture

They didn't list deployment of Ospreys to bor Southern Sudan (they're too backward to get a capital letter for their region) http://www.ryot.org/us-military-osprey-aircraft-hit-rebel-fire-south-sud...

 

 

Thu, 01/16/2014 - 17:47 | 4338999 MeBizarro
MeBizarro's picture

This kind of useless crap is always put out through the major media to get the rank and file riled up. 

It is grain of sands in the bucket and means essentially nothing.  National defense budget (really over $1.1T) and social transfer payments to the elderly to support Medicare, SSI, and Medciaid single biggest expense (assisted elderly facility expenses) are what is sinking the country.  Anyone who argues differently is doing so because of an idealogical stance. 

Thu, 01/16/2014 - 19:07 | 4339201 Radical Marijuana
Radical Marijuana's picture

It was good to see how most of the comments above put that relatively trivial video into better perspective.

Fri, 01/17/2014 - 01:02 | 4340116 Matt
Matt's picture

That's a pretty sad list of government wastes. here's my attempt at a list:

1. Bank bailouts. unknown final amount, likely in the trillions

2. F-35 program, $100 billion+

3. The "War on Terror", tens of billions

4. The NSA. Unknown total costs. Billions annually.

5. Subsidies in general, housing, food, "green", all of it.

EDIT: should explain why waste.

1: bailout was to deleverage the system, but they just leveraged more.

2. failure. One thing that does all things, vapourware.

3. Produced more terrorism, not less. Created more chaos and instability.

4. Not a good security - privacy trade off.

5. Subsidies are to make things more affordable, but make them less affordable instead.

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