Burning Billions
The National Institute on Drug Abuse (NIDA), a division of the federal government's National Institutes of Health (NIH), has spent $3,634,807 over the past decade funding research that involves getting monkeys to smoke and drink drugs such as PCP, methamphetamine (METH), heroin, and cocaine and then studying their behavior, including during different phases of the female monkeys' menstrual cycles.
China has dropped 97 percent of its holdings in U.S. Treasury bills, decreasing its ownership of the short-term U.S. government securities from a peak of $210.4 billion in May 2009 to $5.69 billion in March 2011
While the People's Republic of China holds over $1.1 trillion of our debt, EPA is busy giving grants to China (see here, here, here, here , here, and here). The Chinese grantees include their Ministry of Environmental Protection. [h/t to http://twitter.com/#!/brandondutcher/statuses/74911828555202560]
$424 million... "It's more than embarrassing," said Syracuse University public policy professor Henry Lambright. "Something was missed in the first investigation and the work that went on afterward."