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25 Feb 2010 20:50

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U.S.: Today not a good day for politicians in New York state

Charles Rangel is the latest politician to be nailed to the cross, after a House panel found that he broke ethics rules when paying for a Caribbean trip. source

02 Feb 2010 09:59

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U.S.: In California’s governor race, the spending’s already HUUUGE

  • $39M the amount former eBay CEO Meg Whitman has spent out of her own personal fortune, which is just insane, BTW
  • $19M the amount her Republican primary competitor, Steve Poizner, has spent out of his personal fortune
  • $370k the amount presumptive Democratic candidate Jerry Brown – who hasn’t declared – has spent so far source

25 Jan 2010 21:05

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25 Jan 2010 21:02

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U.S.: Budget cutapalooza: What it means, and why Michael Steel likes pie

  • 17% of the budget will be affected by the cap
  • » Subject to cuts: Reports say that the departments of Housing and Urban Development, Justice, Energy, Transportation, Agriculture, and Health and Human Services will be affected by the cuts. Guess what, kids? D.C.’s about to have a three-year recession.
  • » Unaffected by cuts: Social Security and Medicare (he couldn’t touch those even if he wanted), and organizations affected by military, veterans, homeland security and international affairs. The cuts only take on discretionary spending.

A douchey comment by Michael Steel:

  • Given Washington Democrats’ unprecedented spending binge, this is like announcing you’re going on a diet after winning a pie-eating contest.
  • Rep. John Boehner’s spokesman Michael Steel • Regarding the budget cuts. Considering the year of controversial spending that the Obama administration has just had, we imagine any cuts in the nature of this would be welcomed by the right. Or maybe they’ll make jokes about pie contests. We’ll see. source
  • Note: in an earlier version of this story, we mistook Michael Steel for RNC chair Michael Steele. We apologize. We’re sure he gets that a lot. At least we’re not alone in making this boneheaded mistake.Thanks to Joel McDonald for correcting us below. Much appreciated.

21 Jan 2010 23:09

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U.S.: Two big spenders that benefit from the Supreme Court decision

  • $36.4
    million
    the amount the Chamber of Commerce (which represents businesses) spent on political campaigns in 2008, mostly Republican Senate campaigns
  • $30.7
    million
    the amount the American Federation of State, County and Municipal Employees (a major union group) spent on mostly Democratic campaigns source

06 Jan 2010 10:12

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Biz: Cable TV is going to eat up larger amounts of your money over time

  • $75 average cost of digital cable for subscribers each month
  • 5% average increase in cable prices each painful, depressing year
  • $95 the expected average cost of digital cable in five years; blech source

09 Dec 2009 00:56

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U.S.: Obama’s plan for doling out more jobs: Spend some more!

  • $100
    billion
    to help with additional benefits, food stamps and health insurance for the unemployed
  • $70
    billion
    to create more jobs, except this time with more sprinkles and frosting, we think source
 

27 Nov 2009 17:19

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U.S., World: Michael Bloomberg spent $102 million to become mayor again

  • $183 the amount Bloomberg spent on each vote source

18 Nov 2009 09:41

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U.S.: Surprisingly, the government’s “improper payments” aren’t bailout funds

  • $98 billion in unnecessary spending, big or small, in 2008 source

24 Oct 2009 01:07

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U.S.: Michael Bloomberg makes “record election spending” laughable

  • $85 million the amount Michael Bloomberg has spent on his current mayoral campaign – $322,521 on catered food alone source