During the fiscal years 2011 through to 2013, the cost of keeping federal employees on administrative leave whilst they awaited disciplinary action for work-placed malpractice totaled $3.1 billion. At the end of last month, Katherine Archuleta, Director of the U.S. Office of Personnel Management (OPM), reported that the agency would(…)
It is a common occurrence in the Eurozone, and it now appears the U.S. is to follow suit. Using the term “Balance Sheet Utilization Fee”, J.P. Morgan is now charging some customers 1% to deposit their cash with the bank. This is viewed by many financial analysts as a way(…)
President Obama today expressed his continuing confidence in the Transportation Security Administration (TSA), despite recent covert tests where 95% of mock explosives and weapons were allowed through airport security. 70 U.S. airports were involved in the testing, requested by the Homeland Security Inspector General, yet only 3 of those were(…)
