How much did Madoff bilk investors out of? And how many years did he get in prison for it? If the books were cooked on purpose (ie, bilking the American public’s out of their money), how many years will these people get in prison?

The Government Accountability Office said Thursday that it could not complete an audit of the federal government, pointing to serious problems with the Department of Defense.

Along with the Pentagon, the GAO cited the Department of Homeland Security as having problems so significant that it was impossible for investigators to audit it. The DHS got a qualified audit for fiscal year 2012, and is seeking an unqualified audit for 2013.

The report released by the GAO on Friday indicates serious accounting problems at two of the largest government agencies: the Pentagon and the Department of Homeland Security. The Department of Defense has a net cost of $799.1 billion to the federal budget, while the Department of Homeland Security has a net cost of $48.7 billion.
[…]
The Department of Defense’s inability to get its books in order also comes as Congress is slated to cut $500 billion from its budget over ten years starting March 1.

One of the more bizarre products on show at CES, the base of the iPotty looks like a traditional potty with a removable bowl, seat and a pee-guard for the boys. But at the front it all gets a little weird, because there’s a stand designed specifically to hold an iPad.

The U.S. Transportation Security Administration will remove airport body scanners that privacy advocates likened to strip searches after OSI Systems Inc. (OSIS) couldn’t write software to make passenger images less revealing.

I hope you all enjoyed your free X-ray treatment. These will now go the way of the “puffer.” Another fiasco.

usa_work_program


Executive Producer: Steven Fettig
Associate Executive Producers: Kevin Hamilton, Sir Thomas Pullyard
Art By: MartinJJ

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Detroit police found the body of a 93-year-old man…stuffed inside a freezer in his son’s basement after investigators said the son stole the casket and remains from a Detroit cemetery…

Once upon a time, Congress didn’t want to raise the debt ceiling, and sent the country into default. It was bad, and we shouldn’t do it again. The end.

Back in 1979, Congress waited, and waited, and waited to lift the debt ceiling, because Congress never likes taking responsibility for the tax and spending decisions it’s already made. […] Congress did raise it right before defaulting on our obligations would have been unavoidable … but that didn’t let us avoid defaulting on our debt. At least not $120 million or so of it.
[…]
The government eventually paid back everyone what it owed with interest, but that didn’t erase this accidental default from the market’s memory. Short-term interest rates shot up 0.6 percentage points after the Treasury missed its payments, as you can see in the chart [above] from Terry Zivney and Richard Marcus, and remained higher than they otherwise would have been for a few months at least. It wasn’t the end of the world, but it wasn’t exactly something we want to repeat either.

But it would be much, much closer to Armageddon if we did this today. Blame shadow banking.

Play this on a loop while ensconced in here.


If people had a better grasp of history they would not be this freaked out. Recommendation is the No Agenda Show.


Mike Groll/ Associated Press

New York’s Assembly on Tuesday easily passed the toughest gun control law in the nation and the first since the Newtown, Conn., school shooting, calling for a tougher assault weapons ban and provisions to try to keep guns out of the hands of the mentally ill who make threats.

Gov. Andrew Cuomo pushed hard for the bill, which passed the Senate on Monday night. He is expected to quickly sign the measure into law.

The French now, but how soon will our weary, suicide-prone troops be heading here, too?

Deep inside caves, in remote desert bases, in the escarpments and cliff faces of northern Mali, Islamic extremist fighters have been burrowing into the earth, erecting a formidable set of defenses to protect what has essentially become al-Qaida’s new country.

They have used the bulldozers, earth movers and Caterpillar machines left behind by fleeing construction crews to dig what residents and local officials describe as an elaborate network of tunnels, trenches, shafts and ramparts. In just one case, inside a cave large enough to drive trucks into, they have stored up to 100 drums of gasoline, guaranteeing their fuel supply in the face of a foreign intervention, according to experts.

Now that intervention is here. On Friday, France deployed 550 troops and launched air strikes against the Islamists in northern Mali, starting battle in what is currently the biggest territory in the world held by al-Qaida and its allies. But the fighting has been harder than expected, and the extremists boast it will be worse than the decade-old struggle in Afghanistan.

Before this week, how many of you knew exactly where Mali was?

For those for whom their job was eliminated, their home was foreclosed upon, their unemployment has expired, and are wondering what to do with the leftovers from last night’s dinner…

Read all about this fun and exciting hobby. And oh, yeah. There’s a show on the Animal Planet channel called American Stuffers

Thanks, Ursarodinia, I guess

usa_work_program


Executive Producer: Anonymous
Associate Executive Producers: Sir Scott Spencer, Calin Nistor, Sir Michael Miller, Michael Hanson, Sir Gene Naftulyev, Shane O’
Art By: MartinJJ

Listen to show by clicking ►

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Junior Seau, one of the NFL’s best and fiercest players for two decades, suffered from a degenerative brain disease often associated with repeated blows to the head when he committed suicide last May, the National Institutes of Health said in a study released Thursday.

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