Government Debt

Mark Steyn explains how Government spending cuts really work...

Under the “historic” “resolution” of the debt crisis (and don’t those very words “debt crisis” already feel so last week?), America will be cutting federal spending by $900 billion over ten years. “Cutting federal spending by $900 billion over ten years” is Washington-speak for increasing federal spending by $7 trillion over ten years. And, as they’d originally planned to increase it by eight trillion, that counts as a cut. If they’d planned to increase it by $20 trillion and then settled for merely $15 trillion, they could have saved five trillion. See how easy this is?

I guess Christina  Romer is right for once. We are pretty darned fu*ked.

Geithner Is A Idiot Or A Liar

I am going with both...



Sad day for America.

Time To Say It

We're probably in a double dip recession.

Ya think?

Double dip may be back. It has been three decades since the United States suffered a recession that followed on the heels of the previous one. But it could be happening again.

That $5 TRILLION dollars San Fran Nan, Dingy Harry and Barry Soetoro flushed down the crapper didn't solve the problem?

Must just be more of those headwinds Mr. Shipman Jay the Carney talked about...

The Only Chart You Need To See

From Doug Ross with a safety warning included...

Looks like some pretty good years under Clinton that Republican Congress...
When Pelosi took over in 2007? Not so much.

Runners On Base?

The take from two brilliant minds.

The Boehner bill, assuming it passes the House today, likely will be rejected by the Senate.  That’s a scenario I like a lot more than never having passed the bill at all.  And if lightening struck and it was passed, or something very similar to it passed, then we have advanced the runners and we still are at bat.

And the bluff will have been called...