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  1. So much for the old GM ads that said they paid everything back.
    And the last line is about the fraud:
    http://www.realclearpolitics.com/articles/2013/01/30/watchdog_says_taxpayers_may_lose_27b_in_bailout_116857.html

    Comment by Jim — January 31, 2013 @ 7:26 am

  2. Mayor Bloomberg’s pension debacle about to rear its ugly head:

    NYC Mayor Mike Bloomberg’s Legacy: Massive Spending Increases

    http://reason.com/blog/2013/01/30/nyc-mayor-mike-bloombergs-legacy-massive

    The punch line:

    Then there’s this: Whoever becomes New York’s next mayor will inherit a $2.4 billion deficit (that’s the rosy scenario) and a turning point in which “controllable” expenses (similar to discretionary spending in the federal budget) are dwarfed by “non-controllable” expenses (costs of benefits to retirees and workers).

    There’s nothing like leaving the tax payers holding the bag and then being told they are bad people for not forking over more money for someone else’s poor decisions. But then in a Republic, you deserve the government you get, including the lying self serving politicians whom you gullibly believed.

    Comment by dscott — January 31, 2013 @ 11:22 am

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