US News

  • FEMA May Lack Prepardness

    By Cliff Montgomery – July 6th, 2009The Federal Emergency Management Agency (FEMA) lacks the ability to fully determine its emergencypreparedness–even though since 2003 the federal government has spent nearly $5…

  • Obama UNderfunds Consumer Agency

    By Cliff Montgomery – June 17th, 2009President Obama’s budget for Fiscal Year (FY) 2010 will continue a dangerous under-funding of theConsumer Product Safety Commission (CPSC), the top federal regulator of…

  • Bailout Asset Managers

    By Cliff Montgomery – June 4th, 2009Billions of U.S. taxpayer dollars are being spent to bail out Wall Street tycoons. Thus it’s perhaps understandable that the feds would hire private…

  • Oil Prices Rise

    By Cliff Montgomery – May 31st, 2009Oil prices soon will post their greatest one-month spike since May, 1999. It’s still too early to determine if thissharp rise will usher in…

  • Pentagon Cyberweapons

    By Cliff Montgomery – May 26th, 2009The Obama Administration is quietly creating a Defense Department command which will “develop newoffensive cyber-weapons,” according to a little-noticed article in The Washington Post…

  • Big Business Bankruptcies

    By Cliff Montgomery – May 23rd, 2009There is discussion in the White House and on Capitol Hill of extending taxpayer-funded bailouts to a host ofother huge financial institutions, under the…

  • Workers Running Auto Giants

    By Cliff Montgomery – Apr. 23rd, 2009Top executives at Chrysler Financial spurned a much-needed government loan because they couldn’t bringthemselves to accept its conditional pay limits, stated a study released…

  • Foreclosures Up 24 Percent

    By Cliff Montgomery – Apr. 18th, 2009Nearly one quarter of U.S. households fell into danger of losing their homes during the first three months of2009–a free-fall that certainly will grow…

  • Soldiers Legal Rights

    By Cliff Montgomery – Apr, 13th, 2009The Servicemembers Civil Relief Act (SCRA) is meant to protect servicemembers from “judicial andadministrative proceedings and transactions that may adversely affect their legal rights…

  • Senator Conrad Budget

    By Cliff Montgomery – Apr. 8th, 2009Senator Kent Conrad (D-ND) last Thursday on the Senate floor exposed a number of GOP distortions, half-truths and flat-out lies regarding that chamber’s Fiscal…

  • Gao Oil Gas Companies Royalties

    By Cliff Montgomery – Apr. 2nd, 2009The Government Accountability Office (GAO) today released a tough review exposing the InteriorDepartment’s poor oversight of oil and gas companies which are allowed to…

  • Republicans Aig Bonuses

    By Cliff Montgomery – Mar. 25th, 2009Senate Republicans appear set to effectively kill any reasonable attempt to reclaim the bonuses which”bailout” companies like insurance giant American International Group (AIG) are…

  • Bush Renditions

    By Cliff Montgomery – Mar. 21st, 2009An eye-opening Congressional Research Service report issued on January 21st, 2009, the day afterPresident Obama took office, discussed the explosive subject of rendition–which the…

  • Gao Transportation

    By Cliff Montgomery – Mar. 10th, 2009President Obama’s plan to rebuild U.S. infrastructure is both a vital effort to rebuild the country’s crumbling transportation system and a boost to its…

  • Mortgages

    By Cliff Montgomery – Mar. 5th, 2009An industry survey has revealed that a whopping 48 percent of those with a sub-prime, adjustable-ratemortgage either are failing to keep up with their…

  • GOP Stimulus Dollars

    By Cliff Montgomery – Mar. 4th, 2009Republican state governors such as Bobby Jindal (Louisiana), Rick Perry (Texas) and Haley Barbour(Mississippi) recently have produced quite a spectacle with their rejection of…

  • Hud Mortgages

    By Cliff Montgomery – Feb. 18th, 2009For too long, the Department of Housing and Urban Development (HUD) has been little more than a second-tier federal agency. But America’s current economic…

  • Economic Stimulus

    By Cliff Montgomery – Feb. 14th, 2009 Congressional negotiators announced a stimulus deal on Wednesday which forged a somewhat slimmer $787 billion economic plan than what President Barack Obama had…

  • Gao High Risk Economy

    By Cliff Montgomery – Feb. 7th, 2009Every two years, the U.S. Government Accountability Office (GAO) releases an updated list of federaloperations, programs and policies that either are “high risks” for…

  • Obama Lobbyists

    By Cliff Montgomery – Feb. 2nd, 2009President Barack Obama may have banned earmarks in his $825 billion economic stimulus package, butlobbyists, lawmakers and interest groups will still be allowed to…

  • Stimulus Deficit

    Our federal deficit problem “is overwhelmingly the result of other factors,’ declares think-tank.By Cliff Montgomery – Jan. 29th, 2009President Obama’s $825 billion economic stimulus package is a much-needed boost that…

  • Vet Long Term Care

    By Cliff Montgomery – Jan. 26th, 2009A January 2009 Government Accountability Office (GAO) study reveals that the Veterans Affairs Office isfailing to provide Congress and the American people with adequate…

  • Obama Economic Plan

    By Cliff Montgomery – Jan. 24th, 2009Let’s face it: The chief reason Barack Obama now sits in the White House is that he definitely is not George W. Bush.The first…