Where Do My Tax Dollars Go?

Image by e20ci
Obviously not to garbage collection in our nation’s capital.
This was not all the garbage I saw, either. Every single one of the trash cans I saw in and around the National Mall was just like this. Or worse.
Granted, it was early on a Sunday morning, but still…
Tenuous Link: Neglected
MSH Dec. ‘08: Er…did you keep the reciept? (Because I think I want my tax money back…)
Perkins files for bankruptcy
Perkins & Marie Callender’s Inc., the owner or franchiser of about 600 restaurants — including five in the Lehigh Valley region — filed for bankruptcy Monday amid reduced consumer spending and higher costs for staples such as sugar, eggs, coffee and dairy products.
Read more on The Morning Call
Consumer prices rise by smallest amount in 6 months
Separate report from the Federal Reserve showed that U.S. factories produced more goods in May.
Read more on Richmond Times-Dispatch
Q&A: Geoffrey EJ Dennis, Citigroup Global Markets Inc
While the US economy is crawling back to normalcy, uncertainty prevails in the euro zone regarding growth rates, likely default by some member-countries and high joblessness. China’s economy is also slowing as the country’s central bank has been gradually raising interest rates.
Read more on Business Standard India
Americans’ home equity near a record low
Falling U.S. home prices have shrunk equity so much that the proportion of their homes that Americans actually own is near its lowest point since World War II.
Read more on MSNBC
