LA Spent $70 Million in Stimulus Funds to Create 7.76 Jobs

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YAHOO NEWS– A new piece of evidence has emerged in the debate over the effectiveness of President Obama’s 2009 stimulus package, and it’s not good for Democrats. According to two newly released audits performed by the Los Angeles controller, L.A. spent enormous portions of the $594 million in stimulus funds it received on projects that created or saved just a … Read More

Pentagon Cannot Account for 2.3 Trillion Dollars

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CBS– On Sept. 10, Secretary of Defense Donald Rumsfeld declared war. Not on foreign terrorists, “the adversary’s closer to home. It’s the Pentagon bureaucracy,” he said. He said money wasted by the military poses a serious threat. “In fact, it could be said it’s a matter of life and death,” he said. Rumsfeld promised change but the next day – … Read More