Thought Experiment: What is a Democrat’s Balanced Budget Amendment?
Mark Udall and other centrist (read as “not quite as insane”) Democrats announced today that they are working on a balanced budget amendment. That makes me wonder what a Reid-Pelosi balanced budget would look like. As you can imagine, a GOP balanced budget amendment ties spending to revenue; i.e., the government’s budget cannot exceed... »
US will spend more in 2012 than 2011. Only Congress could increase spending after budget cuts.
Coburn: Under debt deal, we’ll still spend more in 2012 than 2011. Only Congress could increase spending after budget cuts. »
Obama loses 37,000 followers; GOP Senators gain 6,500, thanks to Whine House tweets for compromise.
Tweeter in Chief loses 37,000 followers; GOP Senators gain 6,500, all thanks to Whine House tweeting for compromise. »
Darth Vader headed to Washington. At least the transporter ships will run on time.
Darth Vader headed to Washington. At least the transporter ships will run on time. »
Harry Reid gets bored of criticizing GOP; may actually consider doing his job.
Harry Reid gets bored of criticizing GOP; may actually consider doing his job. »
Suppose you’re drowning: would you throw a life preserver back because it was too small?
Obama, Geithner and Reid have spent the last 6 months warning about a failure to increase the debt ceiling. They have foretold of the collapse of the economy (that’s like threatening to squish a pancake); social security and medicare recipients losing their benefits; China sending North Korea over to break our legs; children being... »
The Debt Crisis Translated
This heavy handed AP article, which is more pro-Obama than the Socialist Party, does a very effective job at muddying the water. As difficult as it is to make Obama’s obstinance look reasonable, the AP is doing a pretty good job. So let me try to clear things up with a little analogy. Imagine... »
Both sides of Krugman’s mouth: Rating Agencies Just Can’t Win.
You may recall that, last April, Congress, Paul Krugman, and a lot of others were calling for the heads of the rating agencies. They blamed Moody’s and S&P for failing to tell investors the obvious: that sometimes people default on their mortgage. Krugman in particular chastised the rating agencies for betraying the public trust... »
Bill dictates who gets paid when we run out of money. Unions and penis studies hardest hit.
Proposed bill would dictate who gets paid first when we run out of money. Unions and homosexual penis studies hardest hit. »
My name is Inigo Montoya, you’ve destroyed my country. Now prepare to retire.
Obama says he has no regrets on destroying the economy and stagnating the recovery. He also claimed he offered everything but the kitchen sink. Here now, Daily Danet discloses the confidential transcript of the recent deficit reduction talks between Obama and the GOP:GOP: “Cut spending.” Obama: You must be that little Conservative brat I... »