October 2nd, 2014
In an interesting twist to this article, we decided to match up how many small state annual budgets the US Federal Government just wasted in order to keep their current baseline budgeting spending levels high.
All in all, the US Government just spent the equivalent of 9 small state annual budgets for nothing other than to justify next year's fiscal spending levels.....and, so that no money would be sent back to the US Treasury....
Wyoming $ 5.6
West Virginia $ 4.6
Vermont $ 5.3
South Dakota $ 4.11
Rhode Island $ 8.2
Oklahoma $ 6.9
Montana $ 4.3
New Mexico $ 5.9
Mississippi $ 5.8
Total $ 50.71 Billion spent in one day.....for nothing
By Brianna Ehley at The Fiscal Times
Today marks the end of the federal government’s fiscal year.
It’s also the biggest one-day shopping spree of the year– the day when federal agencies rush to spend the last of their money before October 1, before anything left over is returned to the Treasury.
Since agencies cannot carry over unspent funds, the idea is “use it or lose it.” If they don’t spend the money, Congress may not allocate as much the following year. The system typically creates panic for federal workers scrambling to spend millions of dollars before they run out of time. It also means a huge payday for contractors scoring big awards.
Last year, the government spent about $50 billion the week before October 1, according to NPR’s Shankar Vedantam. That total included apparent impulse buys like artwork worth $562,000 for the Department of Veterans Affairs, and toner cartridges worth $144,000 for the Department of Agriculture, as noted last year by The Washington Post. It also included $178,000 worth of “Cubicle Furniture Rehab” for the U.S. Coast Guard.
The Pentagon alone spent about $5.5 billion on the last day of the fiscal year. DOD officials even sent an email encouraging employees to spend as much as they could.
“It is critical in our efforts to [spend] 100 percent of our available resources this fiscal year,” said budget officer Sannadean Sims and procurement officer Kathleen Miller in the email obtained by The Post. “It is also imperative that your organization meets its projected spending goal for June.”
This is nothing new. An analysis by Harvard’s Jeffrey Liebman and the University of Chicago’s Neale Mahoney using data from 2004 to 2009 found that 8.7 percent of total federal spending occurs in the last week of the fiscal year.
Since the government spends so much money in such a short amount of time, some people have concerns that hasty purchases could result in problems down the road – like poor product selection.
The same researchers tried to answer that question by reviewing contract performances from nearly 700 major federal information technology projects worth a total of $130 billion. After examining them, they concluded that projects awarded in the last week of the fiscal year were 2.2 to 5.6 times more likely to be of lower quality, according to the analysis.
The researchers, along with other budget reformists, say this issue could be resolved if agencies were allowed to roll over their unused funds to the next fiscal year.
The Obama administration actually offered a similar proposal in 2010. The proposal would have allowed agencies to roll over a certain percentage of their unused budgets with the remainder going toward reducing the deficit, though Congress never took it up.
Many who support this idea point to the Justice Department, which has been excused from the rules since 1992 and is able to roll over up to 4 percent of its annual revenue into a special fund for IT projects. Liebman and Mohoney reviewed DOJ’s spending records and found no signs of a jump in spending toward the end of the year, and “no accompanying decline in the quality of year-end projects.”
October 1st, 2014
(Reuters) - U.S. troops and tanks will deploy across the three Baltic states and Poland in the next two weeks on a mission designed to deliver an unmistakeable message of NATO resolve to Moscow.
The "Ironhorse" armored cavalry unit, with around 700 soldiers, some 20 M1A1 Abrams main battle tanks with Bradley and Stryker armored fighting vehicles, is one of the most formidable U.S. military forces to be sent onto former Soviet soil. Several of the bases and training areas it will operate from were built for the old Soviet Red Army.
The aim is to convince Moscow that - unlike in non-NATOUkraine - any Russian interference in Lithuania, Latvia or Estonia would put it at war with the Western alliance.
All three countries were once part of the Soviet Union and analysts say Moscow would dearly like to reassert its influence there, particularly in ethnic Russian areas.
Poland too, which was under Soviet domination during the Cold War and is now a NATO and European Union member state like the three Baltic republics, remains distinctly nervous and has lobbied hard for further U.S. forces.
"The purpose is to be a very visible demonstration of commitment to our allies," says Captain John Farmer, public affairs officer for the Ironhorse, formal designation of the 1st Brigade Combat Team, 1st Cavalry Division.
"We may take slightly longer to deploy than lighter forces, but there's nothing like a tank if you really want to achieve effect."
The U.S. military says it is the first time it has had to ship armored reinforcements to Europe since the end of the Cold War at the start of the 1990s.
The unit was given barely a month's notice it would be sent across the Atlantic from its Texas base to the Baltic states and Poland. Its personnel are now in Germany and starting to move east with their equipment.
They will replace a similar number of much more lightly armed U.S. paratroopers deployed at short notice after Russia's seizure of Ukraine's Crimea region in March.
The annexation was closely followed by the outbreak of separatist war in eastern Ukraine, where NATO accused Russia in August of sending in arms and troops to support pro-Moscow rebels, something the Kremlin denied.
More Top Stories from Reuters
October 1st, 2014
The First mandatory rule of maintaining your sanity under the Obama Regime? Engage and expand your sense of humor, otherwise, your head just may explode ~ Barry
Join host Barry Secrest and exo-government specialist Lee Daniel as they discuss an ever-expanding caseload of governmental oddities, politics, the Supernatural & The New World Order--all from an entertaining, cutting edge, Conservative perspective.
Topics for tonight include:
Don't Get Too Excited over Obama's 'Air Guitar' War on ISIS: It's A Clintonian Aspirin Factory Attack
GAO: Obama Can’t Bail Out Insurers Without Congress
Listen live and CALL IN to speak to the host and co-host--(347) 996-3923. Join the conversation!
October 1st, 2014
The "JV team" of ISIS has now ringed both the western and northern sections of the Iraqi capital, Baghdad, and is threatening capture of the capital, as Iraq's army cringes in fear.
Tonight, Meghan Kelly interviewed a trapped but fearless Anglican Vicar whose only care is for "his people."
With all the mighty air power at the United State's disposal, we have to ask ourselves why Obama has not hit these Sunni Islamic terrorists with everything he has.
They are hellbent on building a very dangerous terrorist army/super-Caliphate, isn't that enough reason?
The well beyond rudimentary answer has now become simple....at least for those who wish to see it.....
ISIS has advanced to the outskirts of Baghdad, and the Department of Defense is acknowledging that the terror group could be within five miles of the Iraqi capital.
Vicar of Baghdad Canon Andrew White yesterday posted an SOS on Facebook, saying, “The Islamic State are on the verge of entering Baghdad. All the military airstrikes are doing nothing. If we ever needed your prayer, it is now.”
Megyn Kelly spoke to White earlier to discuss the situation in Baghdad.
“People are fearful of what is going to happen,” he told her.
Kelly asked whether people would be looking to flee as ISIS nears, but he explained that there isn’t much opportunity to do so.
“One of my biggest dangers according to security people is I have no concept of fear, I do not fear ever. So no, I’m not scared. I fear for my people,” he said.
White also asked one of the soldiers protecting him what he would do if ISIS came toward him. He said he would take off his uniform, so White asked him why he is a soldier, and he said it's because he needs the money.
"How can you put your complete trust in an army who responds like that?" he asked.
September 30th, 2014
No, the pic has nothing to do with the story, we simply found it hilarious in a
curiously bizarre way.....
Democrat Governor candidate Burke and Michelle Obama's White House staff told reporters not to talk to people in the crowd before the event.....
Meg Kissinger is a seasoned reporter at the Milwaukee Journal Sentinel, Wisconsin’s well-known newspaper.
She’s seen a lot in her days, but what she said happened at a speech by Michelle Obama in the state on Monday left her utterly “creeped out.”
In short, she said, aides for both the first lady and Wisconsin Democratic candidate for governor, Mary Burke, told her she was banned from talking to members of the crowd.
The odd encounter did make it into her story for the Journal Sentinel .....