You probably wouldn’t take the summer off if your household’s finances were on the brink of insolvency. But that’s exactly what the Rhode Island General Assembly did, with a $9.4-billion pension crisis looming. It took the summer off, opting to gather in a special session in October.
Archives for August 2011
Sorry We Can’t Pay Your Pension
Public sector employees are at risk of hearing these words due to state government mismanagement and union irresponsibility. Blue states like Rhode Island are leading the way over the cliff. Rhode Island has a $14 billion unfunded pension and health-care benefits liability to state and municipal employees and retirees. To pay off the liability, it […]
Rangel and Ingraham Spar in No Spin Zone
New York congressman and radio host go head to head over Rep. West’s controversial comments, poverty in black communities, Obama’s policies.
UAV Swarms: Boeing Successfully Demonstrates ‘Swarm’ Technology
Source: Boeing WASHINGTON, Aug. 18, 2011— Boeing [NYSE: BA] today announced the successful autonomous communications and operation of dissimilar unmanned aerial vehicles (UAV) in flight tests over the rugged terrain of eastern Oregon.
Obama’s Favorite Republican
In 2012, Indiana will be asked to choose between a hard-line conservative or “Obama’s Favorite Republican,” Senator Dick Lugar. Lugar has a long history of leaning toward liberalism. Here’s the brutal list of 10 of Lugar’s worst offenses from Hoosiers for Conservative Senate.
Enron Advisor Messes with Texas
You know, there’s a lot to like about Texas. For starters, it’s got jobs. It created 37% of them over the last couple of years, according to the Federal Reserve Bank of Dallas. And it’s got presidential hopefuls U.S. Representative Ron Paul and Governor Rick Perry, with several years of voting and executive background, to […]
2012 Presidential Election Playbook Introduction
Coming soon is chapter one of my new 2012 Presidential Playbook, a detailed outline of the emphasis of neocon thinking in America’s foreign policy initiative, including a roster of neocons you do not want to see as advisors to Republican presidential candidates.
Jon Stewart on Ron Paul Media Blackout
Ron Paul has ORIGINATED more sound ideas than the rest of the Republican field combined.
A Bird’s Eye View of the Trouble We’re In
A big part of America’s economic output travels by rail and truck. When conditions soften for the rails and for truckers, a warning sign flashes for the economy as a whole. I track the Dow Jones Transports (DJTA) daily versus the Dow Jones Industrials (DJIA). When the transports weaken versus the DJIA, it is a bad sign.
K-MAX Unmanned Aircraft System
Lockheed Martin Corporation and Kaman Aerospace Corporation have successfully transformed Kaman’s proven K-MAX® power lift helicopter into an unmanned aircraft system (UAS) capable of autonomous or remote controlled cargo delivery. Its mission: battlefield cargo resupply for the U.S. military.