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This Truce May Not Bring Peace to Washington

This Truce May Not Bring Peace to Washington

Well, that was certainly worth 24 billion bucks, don't you think? I mean the entertainment value of Sen. Ted Cruz's faux filibuster alone was worth a couple billion or so. And House Speaker John Boehner's face when he would come out during the 16-day-long government...

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Spinning Failure into Gold

Spinning Failure into Gold

What amazing alchemists Wall Street bankers are! They can turn failure into gold and reform into business as usual. These sorcerers have pulled off both tricks right in front of us since their 2007 collapse. They turned that gross failure into an ongoing...

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Worker Rip-Offs in the Reagan Building

Worker Rip-Offs in the Reagan Building

How's this for irony? Ronald Reagan — worshipped as the supreme deity by small-government, anti-spending zealots — not only has a government office building in Washington named for him, but it's the biggest and costliest one built to date. The only face-saving factor...

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A Radioactive Poster Child for Government Waste

A Radioactive Poster Child for Government Waste

Here's a lesson on how the federal government and its contractors can turn a relatively modest project into a massive boondoggle. Back in 2005, officials at the Department of Energy's National Nuclear Security Administration (NNSA) persuaded Congress to approve a new...

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