When Robert Samuelson starts asking that question, it’s time to worry: The idea that the government of a major advanced country would default on its debt — that is, tell lenders that it won’t repay them all they’re owed — was, until recently, a preposterous proposition. Argentina and Russia have stiffed their creditors, but surely […]
Cartoon by Nate Beeler at the Washington Examiner. And now from S. Weasel over at, well, S. Weasel: On the road for the next few days; postings may be light. ..bruce w..
Wondering just where that $1.4 trillion deficit comes from? Veronique de Rugy over at the Corner at National Review Online presents the breakdown: To be sure, the recession caused lower than expected tax revenue — $419 billion lower. But the bulk of the deficit is made of spending. A lot spending since it amounts to […]
Philip Klein over at the American Spectator analyzes the Baucus Healthcare Bill and finds (surprise!) that the Democrats are playing fast and loose in order to get a favorable estimate from the Congressional Budget Office: Given that the CBO only puts a price tag on the first 10 years of a piece of legislation, Democrats […]
ITEM: Y’all remember the “United Breaks Guitars” music video? Well, here’s a Downfall mashup (above) — possibly one of the best I’ve seen in a while. ITEM: Coming out of the Bryon White Courthouse in downtown Denver this afternoon, I saw this protest going on in front of the Federal Building across the street: In […]
. . . and things are already getting interesting. ITEM: Obama throws the Dalai Lama and the entire country of Tibet under the bus (emphasis mine): In an attempt to gain favor with China, the United States pressured Tibetan representatives to postpone a meeting between the Dalai Lama and President Obama until after Obama’s summit […]
Don Surber zooms in on the relevant portion of reality vs. hope-and-change. Obama and the Democratic Congress sold us on a horrific “stimulus” package with the threat of 9.0 % unemployment if they failed to act. They acted, and unemployment is now approaching 10% and may hit 12% next year. In the meantime, the national […]
This wonderful chart, put up by Veronique de Rugy over at The American, is even better than the chart that I’ve used off and on for months to show the staggering deficit projections resulting from the Obama Administration unsustainable economic policies. As per de Rugy’s explanations, here’s what the color bars mean: the orange bars […]
Sandra and I are sitting here in the DC Armory, a venerable (not aging well) structure out by RFK Stadium. This is where this morning’s kickoff meeting for the 9/12 Taxpayer March on the Capitol is taking place. This meeting is only for the truly committed. First, it’s taking place Thursday morning, even though the […]
9/12 UPDATE: Sandra and I are now here in DC, staying right downtown. We’re attending a meeting this morning over at the DC Armory and then will hit the National Gallery of Art. (It is sad how few times when went there during the nearly 8 years total that we lived in DC and the […]
