Refugee crisis will cost Germany £38 ($60) BILLION by the end of 2017, new study claims

A new study in Germany released on Monday puts the cost of the country's refugee crisis at £38 billion - and rising. The German Economic Institute, which is based in Cologne, put together a projection for feeding, housing and educating the children of one million-plus migrants who have entered the country. Angela Merkel's government is reported to already be dreaming up new ways of taxing people - in what is already one of the most heavily taxed countries in the world - to help foot the bill.

Read more at the UK Daily Mail
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Europe Will Pay Turkey €3 Billion To Halt Refugee Exodus

In the aftermath of last week's dramatic events which have seen Turkey make a unilateral breach of NATO's unwritten rules of engagement by taking down a Russian jet, coupled with an assault on civil right and expression of speech when two journalists were arrested for exposing Turkish arms smuggling to Syria, culminating with the assassination of a prominent enemy of the state on live TV, one would expect that the "democratic, humanistic" western countries would at least issue a harsh condemnation of Erdogan's behavior.

Read more at Zero Hedge
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Turkey to lose tens of billions of dollars after shooting down Russian plane

A number of large-scale projects between Russia and Turkey will possibly be canceled on account of the recent events. Turkey may suffer billions of dollars in losses after it shot down the Russian Su-24 warplane above Syria on November 24.

Read more at Pravda
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Obamacare’s Mysterious Missing Billions

Obamacare, depending on who you ask in the GOP, is either a calculated Trojan Horse designed to collapse and release single payer health care upon the American public, a flawed piece of legislation that needs badly to be revised, or the greatest evil inflicted on the American public since slavery. But what if it was something far simpler: namely, free money for Democrats? A recent report by the Government Accountability Office (GAO) to congressional requesters provided to this author suggests that this explanation may, in fact, be the correct one.

Read more at Townhall.com
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Feds Can’t Verify $2.8 Billion in Obamacare Subsidies

The federal government cannot verify nearly $3 billion in subsidies distributed through Obamacare, putting significant taxpayer funding “at risk,” according to a new audit report.
The Department of Health and Human Services (HHS) Office of Inspector General (OIG) released an audit Tuesday finding that the agency did not have an internal system to ensure that subsidies went to the right enrollees, or in the correct amounts.

Read more at the Washington Free Beacon
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Taxpayer Subsidies Keep Elon Musk's Companies Afloat

Well, somebody did it, and it was the mainstream media. Congratulations to the Los Angeles Times for taking the time to research and estimate the total amount of U.S. public (local, state, and federal) subsidies for companies owned or run by South African-born Canadian-American Elon Musk. --The total amount calculated by reporter Jerry Hirsch for taxpayer-backed incentives – of many different forms, including tax credits and rebates provided to customers – was $4.9 billion. The corporate beneficiaries have been Tesla Motors and SpaceX, where Musk is CEO, and SolarCity Corp., where he is chairman.

Read more at the National Legal and Policy Center
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U.S. Gives $7 Bil in Food Benefits to “Ineligible Recipients”

The bloated federal agency charged with feeding the poor—and eradiating “food insecurity” in the U.S.—blew nearly $7 billion to provide “ineligible recipients” with the welfare benefit and there appears to be no end in sight to the fleecing. --In fact, the agency, the U.S. Department of Agriculture (USDA), has for years violated a measure known as the Improper Payments Elimination and Recovery Act (IPERA) that requires agencies to conduct annual risk assessments to identify programs that make “significant improper payments” of $10 million or more. Not only has the USDA violated IPERA in the last four years, it also refuses to implement a more efficient verification process before doling out benefits by asserting that it would “create barriers for families that need help.”

Read more at Judicial Watch
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