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Category: Spending

Jul 23 2021

San Francisco’s Pricey New Trash Cans

No wonder the feds are inflating our currency. Liberal governance is so expense, no matter how confiscatory the tax rates, more money will always be needed. In San Francisco, the city so liberal it sends Nancy Pelosi to Congress, new trash cans will cost $12,000 to $20,000 apiece.

Existing cans are regarded as hideous, are usually overflowing, and allow the derelicts that progressive policies have drawn to San Francisco in vast numbers to break into them to root for recyclables, in the process spreading trash all over for the rats to play in. Some recyclers find it convenient to pull out the bin and dump the whole mess on the sidewalk, which in San Francisco is often smeared with human waste anyway.

When mass-produced, the cost per can will drop to an estimated $2,000 to $3,000. Still, supervisors balked at the price to get there.

Nonetheless, a committee of the Board of Supervisors has agreed to a pilot program to test out the new cans. Since it took the bureaucrats in Public Works 3 years to come up with a prototype, they don’t want to delay any further.

The city worked with a designer on a custom trash can, hence the outlandish cost. The old cans cost $1,218 apiece back in 2018. Who knows what the next batch will cost in 2024 or so?

Speaking of cost,

Public Works is asking supervisors to approve spending $537,000 from $840,000 on reserve to cover design costs for 15 trash cans, 10 garbage carts with wheels that go inside the stationary can, management, some existing trash can models and contingency money for unknown costs.

They might have gone with a model already in use somewhere else and saved a fortune, but local taxpayers don’t mind being looted, or they already would have escaped the area.

No matter how much they spend, trash all over the place will continue to be a problem, for local cultural reasons. As Lower Haight resident Marian Chatfield-Taylor observes,

“You could ask Frank Lloyd Wright to design a trash can, but if you don’t care whether (your street) is clean or dirty, you won’t put it in the trash can.”

On a tip from R F.

Jul 18 2021

To Democrats, Ruinous Inflation Is Good

As has been obvious for months, giving control of the federal government to a mob of looters was bound to result in severe inflation. Biden’s handlers are wasting our wealth faster than it can be confiscated or even produced. There is no way to spend money on their gargantuan scale without inflating the currency.

It doesn’t help that the government is driving down productivity by paying people not to work. More money chasing fewer products and services drives down the value of every dollar you earned and put away. Inflation is an underhanded form of taxation that allows the thieves who rule over us to steal from everyone who holds so much as a penny of US currency.

When it gets out of control — and with radicals as irresponsible as Biden’s handlers in charge, it surely will — inflation can easily cause an economy to collapse. See Weimar Germany for details. For the Marxists dominating the Democratic Party, this is not a bug but a feature. See the Cloward-Piven Strategy for details. Anything that severely weakens the economy brings us closer to Marxism, the Holy Grail of leftists.

Hyperinflation in Weimar Germany hit the middle class the hardest. Uncoincidentally, the Democratic Party is at war with the middle class; the party comprises an alliance between the degenerate ruling class and the welfare class that it breeds for votes. In California and New York City, where Democrats have achieved total control, the middle class has been all but eradicated.

Why doesn’t someone put a stop to this before the country is destroyed? Because the opposition party is feckless, and because Democrats control the media. Check out how the Washington Post spins the devaluation of your savings:

Never mind that inflation is already rising faster than wages.

When people figure out what’s being done to them, they will want to hang every elected Democrat and liberal media apparatchik from the nearest lamppost. But by then it will be too late. Our country will be gone. It is almost gone already.

On a tip from Jester.

Jul 02 2021

Open Thread

Treat each federal dollar as if it was hard earned; it was - by a taxpayer. - Donald Rumsfeld
Jun 30 2021

Open Thread

To win elections, politicians have promised practically endless government spending and covered up the cost, leaving generations of taxpayers obligated to pay off the debt. That's wrong, but neither the U.S. nor Europe has a plan to stop it. - David Malpass
Jun 12 2021

Open Thread

Three groups spend other people's money: children, thieves, politicians. All three need supervision. - Dick Armey
Jun 11 2021

Up to Half of Pandemic Unemployment Money Was Stolen

The vaccinated Joe Biden is still wearing his mask, but the Covid crisis is passing. Even the libs at Axios seem to realize that the time has come to stop flinging emergency money around and start asking where those mountains of money have gone. Much of it was lost to fraud:

Blake Hall, CEO of ID.me, a service that tries to prevent this kind of fraud, tells Axios that America has lost more than $400 billion to fraudulent claims. As much as 50% of all unemployment monies might have been stolen, he says.

Keynesian Democrats may respond that it doesn’t matter, so long as the money is out there supposedly stimulating the economy that they suffocated with their largely pointless lockdowns. However, most of the fraud was committed from abroad.

Haywood Talcove, the CEO of LexisNexis Risk Solutions, estimates that at least 70% of the money stolen by impostors ultimately left the country, much of it ending up in the hands of criminal syndicates in China, Nigeria, Russia and elsewhere.

Talcove says these groups are “definitely backed” by their governments. Maybe Putin will thank Biden when they get together for Putin to eat his lunch again in Geneva. Biden has continued to waste massive amounts of money in the name of Covid relief even since Trump’s Operation Warp Speed put the worst of the ChiCom virus behind us.

MS13 already owed Biden a big thanks for opening the border and inviting everyone in. This vicious gang may owe him another:

Much of the rest of the money was stolen by street gangs domestically, who have made up a greater share of the fraudsters in recent months.

Drugs, prostitution, extortion, theft, etc are penny ante stuff. Big Government largesse is where criminals find the real money.

Scammers often steal personal information and use it to impersonate claimants.

Personal information is not hard to come by. A list of 8.4 billion password entries was just leaked on a hacker forum.

Before the pandemic, unemployment claims were relatively rare, and generally lasted for such short amounts of time that international criminal syndicates didn’t view them as a lucrative target.

However, Biden et al. want Covid handouts to be permanent, radically expanding the welfare state, to the benefit of those who let others create the wealth.

On tips from Jack D and ABC of the ANC.

Jun 07 2021

Democrats Leave Bill Maher Behind on Free College

Bill Maher was once the quintessential moonbat, but progressives have progressed so far as to leave him behind. Regarding Biden’s plan to make us pay for everyone to go to college, he sounded relatively sane last Friday:

Maher railed against “free college” by stating, “I know free college is a left-wing thing, but is it really liberal for someone who doesn’t go to college and makes less money to pay for people who do go and make more?”

“The answer isn’t to make college free,” Maher proclaimed. “The answer is to make it more unnecessary, which it is for most jobs, so that the two-thirds of Americans who either can’t afford to or just don’t want to go don’t feel shut out.”

What he didn’t mention is why college is necessary. The insane Griggs v. Duke Power ruling made it illegal for employers to use IQ tests; such tests were deemed racist because they invariably produce disparate racial outcomes. A college degree is a substitute IQ test. For most students, that is its only value. But given how easy it is to obtain a degree these days, college has become useless even as a certificate of intelligence.

The HBO host pointed out that some colleges look more like vacation resorts than institutions of higher learning. He grumbled that colleges are now “giant luxury daycare centers” staffed with “overpaid babysitters.”

Then we wonder why people in their 20s behave like spoilt children, as during the BLM/Antifa riots.

Maher also blasted the work ethic of students, claiming that a “third of students now spend less than five hours a week studying.” He also slammed the curriculum of current-day universities, wisecracking that courses include “sports marketing history through Twitter,” “advanced racist spotting,” “intro to microaggressions,” and “you owe me an apology 101.”

Outside of the hard sciences, college is almost entirely a scam. It has become increasingly lucrative thanks to Big Government:

Maher highlighted the ever-growing costs to attend college, “Since 1985, the average cost of college has risen 500 percent — it doubles every nine years. Every year it increases at four times the rate of inflation.”

That’s because the feds keep pouring other people’s money into it. As the Biden Administration has been teaching us, the more money the government “invests,” the higher prices rise.

“Colleges are businesses, selling a consumer product for hundreds of thousands of dollars,” providing their customers with a “magical piece of paper,” he said. “In 1960, colleges awarded A’s to 15% of the students. Well now it’s 45% and it’s not because they got smarter.”

On the contrary, college students keep getting dumber. English professors spend much of their time teaching students who were accepted in order to enhance “diversity” things they should have learned early on in grade school — like how to read. This problem would best be addressed not by teaching the ABC’s to adults, but by abolishing teachers’ unions so that we can reestablish quality K-12 education.

“Say what you want about Lori Loughlin, at least she understood that one good scam deserves another,” he joked about the Hollywood actress who was involved in the 2019 college admissions bribery scandal, which got her two daughters into the University of Southern California.

What Loughlin also understood is that what you are paying for is not education. It is that magical piece of paper.

He referred to a quote by Loughlin’s daughter, “And in the immortal words of Olivia Jade, ‘I don’t know how much school I’m going to attend, but I do want the experience of, like, game days and partying.'” Maher yelled, “Yeah, I’m not paying for that!”

Maher isn’t the only one expected to pay for it. Young people who graduate high school and move on to adult life by getting jobs and starting families are punished, so that loafers who would rather extend their adolescence can coast. The incentives are perverse in the extreme.

To paraphrase the liberal icon LBJ, if Democrats have lost Bill Maher, they have lost America. Now it’s just a matter of prying these kooks out of power before they bankrupt us.

On a tip from Varla.

May 19 2021

Free Housing: No Priority for US Citizens

You might hope that at least people who are in the country legally would get priority for all the free money being thrown around. But that’s not how things work during a looting spree:

U.S. Housing and Urban Development Secretary Marcia Fudge said HUD is not prioritizing U.S. citizens over illegal immigrants for public housing assistance, despite a shortage of available units in certain areas during the COVID-19 pandemic.

You put people like Marcia Fudge in positions of power and what do you expect, responsibility?

The Biden stimulus package includes $5 billion in vouchers to house homeless individuals over a three-year period.

Long before then, the ChiCom virus will be a fading memory. Even Joy Reid will have stopped double-masking. We will be dealing with worse problems, mainly caused by excessive spending. But if Democrats are still in power, they will still be throwing our money to the four winds — it just won’t be worth as much.

On a tip from R F.

May 18 2021

Ruin Arrives as Monthly Free Money

Inflation is already on the rise. Our rulers don’t mind. They are opening the floodgates of free money still wider. Because everything liberals do requires a euphemism, the free money is called “tax credits.”

Via Fox Business:

The first monthly payment of an expanded and newly advanceable child tax credit (CTC) from the American Rescue Plan will be made on July 15, the U.S. Treasury Department and the IRS jointly announced Monday.

About 39 million households will get the automatic payments.

Eligible families will receive a payment of up to $300 per month for each child under age 6 and up to $250 per month for each child age 6 and older.

This will incentivize people who can’t afford to raise their children — which is usually a result of having them out of wedlock — to have more children. The same strategy was used to destroy the black family, resulting in rotting inner cities and a massive reliable voting block for Democrats.

The American Rescue Plan increased the maximum Child Tax Credit in 2021 to $3,600 for children under age 6 and to $3,000 per child for children between ages 6 and 17, the statement said.

Needless to say, you don’t have to pay any taxes to be eligible for the monthly “tax credit.”

The fortunes spent on nuclear weapons to defend us from the Soviet Union were wasted. We are being conquered by communism from within, seduced into accepting it by the lure of free money.

To the limited extent this will be paid for through taxation, the price will be jobs that are never created because of the stultifying effect on the economy. Most of it will be financed by inflating the currency. The “free” money is stolen from everyone who has savings or is living on a fixed income.

Inflation will require that the “tax credits” constantly increase, driving the inflationary spiral forward. No one likely to put a stop to the insanity will stand a chance of getting elected, because free money is as addictive as crack, if not as healthy.

Employers have already learned they cannot compete with Big Government when it comes to handing out money. That’s why there is a labor shortage despite high unemployment. Increasing taxation and regulation will make it ever more impossible to meet rising wage demands. Eventually, there will be no employers except for the government. The word for this is “communism.”

On a tip from Mr. Freemarket.

May 13 2021

Biden Finds a “Trillion 300 Million Billion Dollars”

Great news. Hyperinflation only seems to be getting underway. Biden has the money to pay for his arrogantly wasteful spending spree after all. Rather than inflate the currency, he is going to hire an army of IRS agents to confiscate up to “a trillion 300 million billion dollars” from underneath our sofa cushions. The Man in Charge demonstrates his mastery of figures:

The cabal of radical leftists who have taken over the federal government picked the right guy to serve as figurehead as they spend us into oblivion Cloward-Piven style.

On a tip from Varla.

May 12 2021

Inflation Predictably Starts Upward

If you were to take a screwdriver and jab it into your eye, you wouldn’t expect life to go on normally afterward. Likewise, we cannot expect that America will just keep rolling along after the comparably insane act of letting the radicalized Democrats take over the federal government. Biden’s handlers have been in power for only a few months, and already inflation is accelerating at its fastest pace in over 12 years:

The Consumer Price Index, which measures a basket of goods as well as energy and housing costs, rose 4.2% from a year earlier. A Dow Jones survey had expected a 3.6% increase. The month-to-month gain was 0.8%, against the expected 0.2%. …

The increase in the headline CPI rate was the fastest since September 2008.

That was during an economic crisis.

Given the vociferous hostility Democrats show toward the energy industry, this should come as no surprise:

Energy prices overall jumped 25% from a year earlier, including a 49.6% increase for gasoline and 37.3% for fuel oil. …

Used car and truck prices, which are seen as a key inflation indicator, surged 21%, including a 10% increase in April alone.

Transportation is a luxury Democrats want us to go without anyway. According to their ideology, it makes the weather too warm.

Lumber prices alone have risen 124% in 2021 amid persistent demand for building materials. Copper, often seen as a proxy for economic activity, has jumped nearly 36%.

Maybe, if it acted fast, the Fed could do something about the inflation before it gets out of control. But it’s not going to try.

Fed officials repeatedly have said they will not raise interest rates or pull back on monthly bond purchases until inflation averages around 2% over an extended period.

Nor will the Democrats in Congress and the White House ease up on their gargantuan spending spree, or stop paying people extravagantly to sit home instead of producing goods and services for others to buy.

Runaway inflation is so inevitable that you have to assume they are creating it on purpose.

The maniacs running the government are essentially Marxists, opposed to capitalism. If capitalism won’t fail on its own, Big Government might have to force it to fail.

Tough luck if you spent your life building up your savings. Responsible behavior is rarely rewarded with liberals in charge.

On a tip from Bluto.

May 11 2021

Welfare for the Rich

Big Government only seems to be flinging our money randomly to the four winds. Actually, the money tends to go to those with a seat at the table. These are often the people who need it the least, as John Stossel reports:

No wonder pro sports have gone so far overboard with left-wing politics that many fans have sworn them off. Pleasing the audience may be less important than pleasing the leftist bureaucrats who pass out the free money. We pay for their extravagant stadiums regardless of how little interest we may have in the games played inside.

On a tip from KirklesWorth.

May 11 2021

Gavin Newsom Attempts to Bribe Voters

Looks like Gavin Newsom is worried about the upcoming recall election. He is attempting to bribe Californians with their own money:

Californians don’t actually get their own money. For the most part, they get someone else’s money — even if they are in the country illegally and supposedly can’t vote:

Chief among the new proposals is a major expansion of the Golden State Stimulus, providing additional direct payments to middle-class families that make up to $75,000. Under the plan, two-thirds of Californians will benefit from $600 direct payments. Qualified families with dependents, including undocumented families, will also now be eligible for an additional $500.

The Golden State Stimulus comes on top of another spending spree, the California Comeback Plan, which will pay people’s rent and utility bills. Of the $100 billion to be spent on this, $26 billion will come from federal taxpayers. If Newsom manages to spread around enough money to survive the recall, every federal taxpayer will have helped him out, even if unwillingly.

On a tip from Dragon’s Lair.

May 07 2021

Open Thread

Irresponsibility breeds irresponsibility. The finances of government are so central. You'd think that would be pretty obvious. - Daniel Patrick Moynihan

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