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You Can Now Search Government Spending by Zip Code

May 29, 2013 By E.J. Smith - Your Survival Guy

Go to www.openthebooks.com or get the “app” using your phone by searching “open the books” in your App Store. You will have at your  finger-tips a map of how your dollars are being wasted by the government. The app was created by Adam Andrzejewski who writes:

Here are just three tidbits I found out using the new app:

• The brother of a former state director of agriculture under former Illinois Governor Rod Blagojevich has received nine federally guaranteed loans totaling $1.67 million since 2006. He has also received hundreds of thousands in direct payments and subsidies from the federal government, all based on his ownership of a single hog farm in Teutopolis, Ill.

• In Bradley, a small town 60 miles south of Chicago, a beauty school with 105 students and based in a shopping mall charges $20,000 for tuition and supplies. Yet the school has received over $8.2 million in federal Pell grants and federal student loans. Thanks to the taxpayer subsidy, the college of cosmetology has tuition that exceeds tuition payments at some Big Ten universities.

• In my upscale suburb of Hinsdale—where the average home sells for nearly $900,000 and the median household income is over $150,000 per year—a nonprofit called Community House received a million-dollar grant for children’s programming. In addition, taxpayers guaranteed a low-interest government loan for $1.5 million to the local Lamborghini dealership. That’s spreading the wealth to the wealthy.

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E.J. Smith - Your Survival Guy
E.J. Smith - Your Survival Guy
E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998.

E.J. has trained at Sig Sauer Academy in Epping, NH, NH, where he completed course-work in Practical and Defensive Handgun, Conceal Carry Pistol, Shotguns, Precision Scope Rifle and Kidnapping Prevention.

E.J. plays a Yamaha Recording Custom drum set with Zilldjian cymbals. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West (RIP JB) and Paris.

Please get in touch with E.J. at ejsmith@yoursurvivalguy.com

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