• Jack Mintz: Healthy savings

    Updated: 2011-05-31 00:46:28
    Should Alberta keep running down its wealth? With Alberta Premier Ed Stelmach’s announcement that he will resign by Oct. 1, the leadership race for the Progressive Conservative party goes into high gear. One major issue is whether the province should save more of its resource royalties for future taxpayers, rather than spending it on current ...

  • Texas letter carrier gets prison and must pay $244,320 for theft of mail

    Updated: 2011-05-30 10:56:55
    Dallas, Texas letter carrier pleaded guilty  to 86 Treasury checks from the mail at the Juanita Craft Station, with an intended loss of of $323,742. The following is a press release from the U.S. Attorney’s Office for the Northern District of Texas: DALLAS, Texas — At a sentencing hearing held yesterday afternoon, Tobian McRuffin, of Glenn [...]

  • Former Oklahoma Postmaster Gets Prison And Ordered To Pay USPS $643,604 For Embezzlement

    Updated: 2011-05-30 10:56:54
    Former Elgin, OK Postmaster must pay the U.S. Postal Service $643,604.49 and IRS $129,061.66 for a total of $771,666.15. The former Postmaster was sentenced to 37 months in federal prison for theft of public funds from the United States Postal Service and for filing a false tax return. The following is a press release from [...]

  • Enjoy ‘tax freedom day’ – even if it’s running late this year

    Updated: 2011-05-30 09:13:06
    Good news: today is ‘tax freedom day’ – the first day of the calendar year that Britons stop working for the state and start working for themselves, according to calculations by the Adam Smith Institute. But the respected think tank, named after the eponymous Scots economist and tax collector, points out that the May 30 tipping [...]

  • OPM Memo: Recredit of Sick Leave for Re-employed FERS Retirees

    Updated: 2011-05-29 10:48:14
    The following is a Memo released by the Office Of Personnel Management (OPM) Recredit of Sick Leave for Re-employed FERS Annuitants Who Retire Between October 28, 2009, and December 31, 2013 The U.S. Office of Personnel Management has been asked whether employees covered by the Federal Employees Retirement System (FERS) who retire between October 28, [...]

  • Valley Falls residents plan rally to protest shutdown of post office

    Updated: 2011-05-28 18:42:40
    Reader: Valley Falls, Rhode Island residents not happy about USPS closing their post office CUMBERLAND – Derrick Watson, who has emerged as the leader of residents opposed to closing the Valley Falls post office, has filed his formal appeal with the Postal Regulatory Commission. Additionally, he and others plan a rally for this Tuesday, May [...]

  • Will $13 million bribery scandal lead USPS to reissue its procurement regulations?

    Updated: 2011-05-28 00:44:36
    According to David Hendel writting for The Contractors Perspective: Did the U.S. Postal Service’s lack of procurement regulations inadvertently help USPS officials carry out a $13 million bribery scheme over several years? Five Postal Service employees were indicted in May 2011 by a Detroit, MI grand jury for taking bribes and steering as much as [...]

  • AEI Speeches

    Updated: 2011-05-28 00:44:36
    Home About AEI Trustees , Officers , and Advisers Annual Report History of AEI Job Opportunities Internships Contact Directions Donate Blog E-Subscriptions Home Publications Speeches Testimony Right-Sizing the Federal Workf . Friday , May 27, 2011 Publications Books Articles Commentary AEI Outlooks Speeches Testimony Papers Studies Press Releases Scholars Listing by A-Z Listing by Subject Adjunct Scholars List Events Upcoming Events Past Events Event Series Multimedia Research Areas Economic Policy Studies Financial Services Fiscal Policy and Taxes International Economics Monetary Policy and the U.S . Economy Regulation Retirement and Social Security Issues The Growing Economic Crisis Education Policy Studies Energy and Environment Studies Geoengineering Foreign and Defense Policy Studies

  • Trading of Credit Default Swaps on U.S. Debt Doubles

    Updated: 2011-05-27 18:04:56
    . CRFB.org Stimulus.org US Budget Watch Peterson-Pew Commission E-mail list sign up : Subscribe Unsubscribe Search : Home Documents Blog News Events About Contact Recent Posts Taking a Closer Look at the Charitable Deduction Trading of Credit Default Swaps on U.S . Debt Doubles WaPo Endorses Chained CPI , Cites Moment of Truth Project Paper Senate Rejects Four Budgets Comparing Six Fiscal Plans It Depends on What You Mean by Almost as Large' Biden Group Talks Update : Searching for More Cuts and Talking Triggers Fiscal Summit Today By month May 2011 48 April 2011 55 March 2011 68 February 2011 55 January 2011 59 December 2010 46 November 2010 60 October 2010 53 September 2010 41 August 2010 43 July 2010 60 June 2010 63 All Archives By Keyword Budget 197 CBO 100 Congress 224 Deficits and

  • How to reform the banks

    Updated: 2011-05-27 16:41:39
    1. Structural reform. Specifically, require every bank licensed to accept retail deposits to offer a legally ringfenced, 100-per-cent-backed by government bonds, 100 per cent government-insured without limit, form of deposit account. I call these “storage deposits“. Anyone can alternatively place money in higher interest-rate deposits (”investment deposits”) that the bank uses for business lending, personal loans, [...]

  • Regulation Reform The White House

    Updated: 2011-05-27 16:40:19
    Skip to main content Skip to footer site map The White House . President Barack Obama Get Email Updates Contact Us Go to . homepage The White House Blog Photos Videos Photo Galleries Video Live Streams Podcasts Featured Video Middle East Speech Briefing Room Your Weekly Address Speeches Remarks Press Briefings Statements Releases White House Schedule Presidential Actions Executive Orders Presidential Memoranda Proclamations Legislation Pending Legislation Signed Legislation Vetoed Legislation Nominations Appointments Disclosures Visitor Access Records Financial Disclosures 2010 Annual Report to Congress on White House Staff 2009 Annual Report to Congress on White House Staff Ethics Pledge Waivers A Commitment to Transparency Browse White House visitor logs Issues Civil Rights It Gets

  • Why FTSE 100 investors should beware the 'hippo market'

    Updated: 2011-05-27 15:59:18
    Investors have learned to be wary of so-called “tiger economies” – especially when the carnivorous cat in question is a “Celtic Tiger” – and some of those who chased the dragon to China last year got burned when emerging markets fell from favour. Now there is a new danger for battered buyers of unit and investment [...]

  • USPS offers New Adult Signature Service

    Updated: 2011-05-27 08:37:25
    The Postal Service is revising the Mailing Standards of the United States Postal Service, Domestic Mail Manual (DMM®) 503.8, to add a new extra service called Adult Signature. This new service has two available options: Adult Signature Required and Adult Signature Restricted Delivery.On March 28, 2011, the Postal Regulatory Commission (PRC) approved Adult Signature as [...]

  • District Court Allows Federal Manager to be Sued After Firing Employee

    Updated: 2011-05-27 08:37:23
    From PostalReporter.com reader: A recent court decision has many federal managers and supervisors asking serious questions about their exposure and personal liability in civil or ‘personal capacity’ lawsuits for work-related matters and decisions. Court Allows Federal Manager to be Sued After Firing Employee For legal representation of Postal Service employees in civil and criminal cases, [...]

  • Things worth reading: 27th May 2011

    Updated: 2011-05-27 07:58:40

  • Mail carrier who defecated in yard gets to keep job

    Updated: 2011-05-27 00:34:54
    PORTLAND, Ore. – A mail carrier who was caught using a yard as his personal toilet will not be fired. The incident happened last month at a home in southeast Portland and a neighbor, Don Derfler, captured the man in the act with his camera. Komo News

  • Regulation Reform The White House

    Updated: 2011-05-27 00:34:47
    Skip to main content Skip to footer site map The White House . President Barack Obama Get Email Updates Contact Us Go to . homepage The White House Blog Photos Videos Photo Galleries Video Live Streams Podcasts Featured Video Middle East Speech Briefing Room Your Weekly Address Speeches Remarks Press Briefings Statements Releases White House Schedule Presidential Actions Executive Orders Presidential Memoranda Proclamations Legislation Pending Legislation Signed Legislation Vetoed Legislation Nominations Appointments Disclosures Visitor Access Records Financial Disclosures 2010 Annual Report to Congress on White House Staff 2009 Annual Report to Congress on White House Staff Ethics Pledge Waivers A Commitment to Transparency Browse White House visitor logs Issues Civil Rights It Gets

  • Comparing Six Fiscal Plans

    Updated: 2011-05-26 20:16:06
    CRFB.org Stimulus.org US Budget Watch Peterson-Pew Commission E-mail list sign up : Subscribe Unsubscribe Search : Home Documents Blog News Events About Contact Recent Posts Senate Rejects Four Budgets Comparing Six Fiscal Plans It Depends on What You Mean by Almost as Large' Biden Group Talks Update : Searching for More Cuts and Talking Triggers Fiscal Summit Today FY 2012 Appropriations Update : The House Is in Motion Donald Marron on Tax Expenditures Check Out WaPo's Interactive Graphic By month May 2011 45 April 2011 55 March 2011 68 February 2011 55 January 2011 59 December 2010 46 November 2010 60 October 2010 53 September 2010 41 August 2010 43 July 2010 60 June 2010 63 All Archives By Keyword Budget 197 CBO 100 Congress 224 Deficits and Debt 350 Economy 133 Fiscal News 121 Health

  • Belarus vs Greece

    Updated: 2011-05-26 18:55:51
    As of May 10, Belarus and Greece had the same credit rating. Less than a fortnight later, on May 23, Belarus devalued its currency overnight by around 55 per cent. The people of Belarus are now sweeping supermarket shelves clean and queuing outside currency exchanges. Meanwhile, the IMF says it won’t give Greece its next tranche [...]

  • It Depends on What You Mean by 'Almost as Large'

    Updated: 2011-05-26 16:51:35
    CRFB.org Stimulus.org US Budget Watch Peterson-Pew Commission E-mail list sign up : Subscribe Unsubscribe Search : Home Documents Blog News Events About Contact Recent Posts Senate Rejects Four Budgets Comparing Six Fiscal Plans It Depends on What You Mean by Almost as Large' Biden Group Talks Update : Searching for More Cuts and Talking Triggers Fiscal Summit Today FY 2012 Appropriations Update : The House Is in Motion Donald Marron on Tax Expenditures Check Out WaPo's Interactive Graphic By month May 2011 45 April 2011 55 March 2011 68 February 2011 55 January 2011 59 December 2010 46 November 2010 60 October 2010 53 September 2010 41 August 2010 43 July 2010 60 June 2010 63 All Archives By Keyword Budget 197 CBO 100 Congress 224 Deficits and Debt 350 Economy 133 Fiscal News 121 Health

  • Things worth reading: 26th May 2011

    Updated: 2011-05-26 06:57:08

  • 10 tips to make your money grow – whatever the economic weather

    Updated: 2011-05-25 08:36:01
    Investing in the stock market or saving to fund retirement is like growing asparagus – you should always have started five years ago. Recent economic shocks have caused many to question the wisdom of the City saying, not least because the FTSE 100 has gone nowhere over the last five years. But the facts that dividend [...]

  • Things worth reading: 25th May 2011

    Updated: 2011-05-25 08:14:49

  • Donald Marron on Tax Expenditures

    Updated: 2011-05-24 19:34:38
    CRFB.org Stimulus.org US Budget Watch Peterson-Pew Commission E-mail list sign up : Subscribe Unsubscribe Search : Home Documents Blog News Events About Contact Recent Posts FY 2012 Appropriations Update : The House Is in Motion Donald Marron on Tax Expenditures Check Out WaPo's Interactive Graphic Debt Ceiling Watch Line’ Items : Dark Horse Edition OMB Attacks Improper Payments Again CRFB Identifies 1 Trillion-Plus in Common-Ground Savings Senate Republicans Introduce Medicaid Block Grant Legislation By month May 2011 40 April 2011 55 March 2011 68 February 2011 55 January 2011 59 December 2010 46 November 2010 60 October 2010 53 September 2010 41 August 2010 43 July 2010 60 June 2010 63 All Archives By Keyword Budget 197 CBO 100 Congress 224 Deficits and Debt 350 Economy 133 Fiscal News

  • When Small Pension Plans Move In and Out of PBGC Coverage

    Updated: 2011-05-24 14:01:46
    Many small pension plans are exempt from PBGC pension insurance coverage. These include “substantial owner” plans, where all participants in the plan own (directly or indirectly) more than 10% of the corporation’s stock. This post highlights what happens when the classification of a “substantial owner” plan changes, and what happens next. We often see “substantial [...]

  • China is right to think the UK will soon be bust if it carries on like this

    Updated: 2011-05-24 12:30:18
    George Osborne, the Chancellor, prides himself on a deficit reduction strategy that has persuaded the credit rating agencies to take the UK off negative credit watch and reaffirm the country’s triple A rating. Yet we are talking here only about the big three Western rating agencies. China’s main rating agency, Dagong Global Credit Rating, doesn’t [...]

  • So, whom do I sue?

    Updated: 2011-05-24 10:50:23
    Article 125 of the EU Treaty states: The Union shall not be liable for or assume the commitments of central governments, regional, local or other public authorities, other bodies governed by public law, or public undertakings of any Member State… A Member State shall not be liable for or assume the commitments of central governments, regional, [...]

  • Never mind naming Ryan Giggs, now for the real secrecy scandal

    Updated: 2011-05-24 08:13:31
    Now that newspapers can name Ryan Giggs as the footballer who took out a super injunction to conceal the fact that he was playing away, when is the Financial Services Authority (FSA) going to stop pretending the same legal prohibition prevents it publishing its own report into the collapse of Royal Bank of Scotland? Former RBS [...]

  • Things worth reading: 24th May 2011

    Updated: 2011-05-24 08:02:02

  • Debt Ceiling Watch

    Updated: 2011-05-23 22:16:56
    CRFB.org Stimulus.org US Budget Watch Peterson-Pew Commission E-mail list sign up : Subscribe Unsubscribe Search : Home Documents Blog News Events About Contact Recent Posts Check Out WaPo's Interactive Graphic Debt Ceiling Watch Line’ Items : Dark Horse Edition OMB Attacks Improper Payments Again CRFB Identifies 1 Trillion-Plus in Common-Ground Savings Senate Republicans Introduce Medicaid Block Grant Legislation Secretary Geithner on Our Fiscal Challenges Spotlight on the States : Ohio By month May 2011 38 April 2011 55 March 2011 68 February 2011 55 January 2011 59 December 2010 46 November 2010 60 October 2010 53 September 2010 41 August 2010 43 July 2010 60 June 2010 63 All Archives By Keyword Budget 197 CBO 100 Congress 224 Deficits and Debt 350 Economy 133 Fiscal News 121 Health

  • OMB Attacks Improper Payments Again

    Updated: 2011-05-23 20:01:05
    CRFB.org Stimulus.org US Budget Watch Peterson-Pew Commission E-mail list sign up : Subscribe Unsubscribe Search : Home Documents Blog News Events About Contact Recent Posts Check Out WaPo's Interactive Graphic Debt Ceiling Watch Line’ Items : Dark Horse Edition OMB Attacks Improper Payments Again CRFB Identifies 1 Trillion-Plus in Common-Ground Savings Senate Republicans Introduce Medicaid Block Grant Legislation Secretary Geithner on Our Fiscal Challenges Spotlight on the States : Ohio By month May 2011 38 April 2011 55 March 2011 68 February 2011 55 January 2011 59 December 2010 46 November 2010 60 October 2010 53 September 2010 41 August 2010 43 July 2010 60 June 2010 63 All Archives By Keyword Budget 197 CBO 100 Congress 224 Deficits and Debt 350 Economy 133 Fiscal News 121 Health

  • How long is it right to harm the virtuous to spare the foolish?

    Updated: 2011-05-23 11:35:41
    Since the 1930s, the dominant goal of macroeconomic policy has been the limiting of the depth of recessions. Such a policy intrinsically harms the virtuous to spare the foolish. For example, suppose that some people have taken on far too much debt, bidding up house prices, whilst others saw such debt levels as imprudent and [...]

  • Things worth reading: 23rd May 2011

    Updated: 2011-05-23 06:55:02

  • CRFB Identifies $1 Trillion-Plus in Common-Ground Savings

    Updated: 2011-05-20 18:26:39
    CRFB.org Stimulus.org US Budget Watch Peterson-Pew Commission E-mail list sign up : Subscribe Unsubscribe Search : Home Documents Blog News Events About Contact Recent Posts CRFB Identifies 1 Trillion-Plus in Common-Ground Savings Secretary Geithner on Our Fiscal Challenges Spotlight on the States : Ohio A Few Interesting Reports from CBO MY VIEW : Doug Holtz-Eakin Trustees Report Strengthens Case for Retirement Age Increase Low-Hanging Fruit for Debt Ceiling Discussions The Other Trustees Report By month May 2011 33 April 2011 55 March 2011 68 February 2011 55 January 2011 59 December 2010 46 November 2010 60 October 2010 53 September 2010 41 August 2010 43 July 2010 60 June 2010 63 All Archives By Keyword Budget 197 CBO 100 Congress 224 Deficits and Debt 350 Economy 133 Fiscal News 121

  • Does anyone have a P&L for payments?

    Updated: 2011-05-20 13:09:23

  • Things worth reading: 20th May 2011

    Updated: 2011-05-20 08:10:01

  • Things worth reading: 19th May 2011

    Updated: 2011-05-19 03:00:26

  • A Few Interesting Reports from CBO

    Updated: 2011-05-18 16:19:57
    CRFB.org Stimulus.org US Budget Watch Peterson-Pew Commission E-mail list sign up : Subscribe Unsubscribe Search : Home Documents Blog News Events About Contact Recent Posts A Few Interesting Reports from CBO MY VIEW : Doug Holtz-Eakin Trustees Report Strengthens Case for Retirement Age Increase Low-Hanging Fruit for Debt Ceiling Discussions The Other Trustees Report Line’ Items : Playoffs Edition New Developments on the Debt Limit The Trustees Report Is Here By month May 2011 30 April 2011 55 March 2011 68 February 2011 55 January 2011 59 December 2010 46 November 2010 60 October 2010 53 September 2010 41 August 2010 43 July 2010 60 June 2010 63 All Archives By Keyword Budget 197 CBO 100 Congress 224 Deficits and Debt 350 Economy 133 Fiscal News 121 Health Care 128 National Debt 111

  • Social Security good til 2036, Medicare til '24: reports

    Updated: 2011-05-13 18:29:35
    But we need to boost taxes, or cut benefits, at the rate we're spending money on old people

  • IRS Lifts the Veil on New Form 8955-SSA

    Updated: 2011-05-09 22:42:39
    The IRS recently released a draft version of the new Form 8955-SSA. We’ve been reporting in previous posts about the new Form 8955-SSA filing requirements and additional details provided by the IRS. Now, they’ve lifted the veil on what the form will actually look like. Here are a couple of quick observations of what’s changed [...]

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