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12%  
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Keyword: 16trillion

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  • Sen. Rand Paul's Festivus Report on Government Waste Pinpoints $1.6 Trillion Misspent Tax Dollars

    01/02/2026 12:41:31 PM PST · by bitt · 25 replies
    https://pjmedia.com/ ^ | January 02, 2026 | Rick Moran |
    "Festivus" was a holiday created by the writers of Seinfeld for a 1997 Christmas episode, which they jokingly made into an alternative to Christmas for those who hated the commercialization of the holidays. One of the "traditions" created for the fake holiday was the "Airing of Grievances." In 2015, Kentucky Sen. Rand Paul used that "tradition" as a springboard to write a report on government waste. Prior to 2015, Paul would post a few comments on Twitter highlighting egregious examples of government waste. But on December 23 of that year, he released a 38-page report. “Our investigations into federal spending...
  • Debt Ceiling: Behind the Deceit

    07/26/2011 2:12:15 PM PDT · by Making_Sense [Rob W. Case] · 15 replies
    MSMB ^ | July 26, 2011 | Rob W. Case
    President Obama made yet another address to the country last night (7-26-2011), just three days after he addressed the nation in a press conference about raising the debt ceiling. Ladies and gentlemen, this is a very unique and interesting time in our nation’s history. We have never been in a situation like this before, ever. The president is out there making things up as he goes, portraying himself as a sort of “victim” of “circumstance,” in his pursuits to rally his supporters and get what he wants. He is threatening to cut benefits to seniors and veterans to “scare” them...
  • European bank bail-out could push EU into crisis (16.3 trillion needed?)

    02/12/2009 5:45:15 AM PST · by TigerLikesRooster · 17 replies · 1,203+ views
    Telegraph ^ | 02/11/09 | Bruno Waterfield
    European bank bail-out could push EU into crisis A bail-out of the toxic assets held by European banks' could plunge the European Union into crisis, according to a confidential Brussels document. By Bruno Waterfield in Brussels Last Updated: 3:50PM GMT 11 Feb 2009 “Estimates of total expected asset write-downs suggest that the budgetary costs – actual and contingent - of asset relief could be very large both in absolute terms and relative to GDP in member states,” the EC document, seen by The Daily Telegraph, cautioned. "It is essential that government support through asset relief should not be on a...