Tag: gao
Too Disgusting
ecthompsonmd May 1, 2025

Just the other day, Donald Trump held his first official cabinet meeting. For reasons that are unclear, Elon Musk was present. Musk explained that drastic cuts in government were necessary to prevent the government from going “bankrupt.” In order to understand what this nonsense really means, we have to go back and look at the tax cuts that George Bush implemented in 2001 and again in 2003. We were told we had more than enough money for his tax cuts. That turned out to be untrue. The tax cuts did not generate any of the economic growth that would have been

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Pentagon waste is worse than I thought
ecthompsonmd January 5, 2009

Hey, buddy, can you spare $300 billion? $300 billion is the amount of money that the Government accountability office (GAO) has estimated that has been squandered. This is not money that we used for the bailout. Instead, this is money that we have appropriated to the Pentagon for weapons systems. These weapons systems have been underbid, over budget or in some cases not even built. Yet, the Pentagon keeps throwing money at these contractors. (GAO report – all 205 pages of it) Great Video below. From WaPo: Government auditors issued a scathing review yesterday of dozens of the Pentagon’s biggest weapons

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Bailout or no bailout
ecthompsonmd December 4, 2008

I would hope that our lawmakers in Congress would not have a knee-jerk reaction to the auto industry. I would like to see some thoughtful discussion on Capitol Hill. Unfortunately,though, for the last 30 years, it appears that Capitol Hill has been a thought-free zone. It seems to me that there is more to think about than just the auto industry.  As this crisis has unfolded, more and more industries and businesses have come to the American taxpayer looking for handouts. Agriculture and Steel are just two of the industries that could ask for their own multi billion dollar bailout. Add to the mix the

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ABOUT AUTHOR
Errington C. Thompson, MD

Dr. Thompson is a surgeon, scholar, full-time sports fan and part-time political activist. He is active in a number of community projects and initiatives. Through medicine, he strives to improve the physical health of all he treats.

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A Letter to America

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The Thirteeneth Juror

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