Thursday, August 04, 2011
Godspeed, Bubba
Why Is It...
Poor Sucker, Good Thing He's Rid Of Her
Wednesday, August 03, 2011
And Whose Fault Was That, Shithead?
I'm Surprised Obama Didn't Call The Big Dog
China May Like The Debt Deal
April Is The Cruelest Month
Flat Tax Flounders
Tuesday, August 02, 2011
Why Teabaggers Should Love Federal Spending
Old & Busted: Excusing Yourself By Saying "I Don't Recall."
Oh, That's Just Sad
Man Tells Truth
Oh, But They're Not Racists, Nosirrreeeeeeeeeeeeee
Tim, Not Helping!
Bifurcated Democracy
OUR nation isn’t facing just a debt crisis; it’s facing a democracy crisis. For weeks, the federal government has been hurtling toward two unsavory options: a crippling default brought on by Congressional gridlock, or — as key Democrats have advocated — a unilateral increase in the debt ceiling by an unchecked president. Even if the last-minute deal announced on Sunday night holds together, it’s become clear that the balance at the heart of the Constitution is under threat.
The debate has threatened to play out as a destructive but all too familiar two-step, revealing how dysfunctional the relationship between Congress and the president has become.
The article talks about how Presidents have decided to exercise power unilaterally, like Obama's Libyan adventures (although the practice goes back decades to Reagan and even Nixon,) while the Congress has been unable to rally itself to challenge the President's usurpation of power. Either the Congress is divided (like now) or reinforces the person holding the Oval Office (as under Bush the Younger.)
This is what the punditry tells us we want, over and over again: divided government. Given what we've experienced for over three decades now (absent the six years of Bush the Younger) is this really what we want? An ineffectual Congress hamstrung by the tyranny of the minority and a Presidency who usurps power like a king?
Mind you, none of this is partisan: Republicans and Democrats have been to blame in BOTH branches. Clinton was forced to legislate by executive order, much as Obama is. Both Bushes declared wars without making a firm case to the American people as to the need for them (this wasn't dominoes toppling or any such credible threat.) Reagan tossed American troops around like candy and American armaments to enemies.
In Congress, John Boener can't even get a centerpiece of legislation passed trying to keep the party's dog-and-pony show from tearing each other up. When Pelosi was in charge, she had to placate Blue Dog Democrats, rather than muscle them into line.
Hell, about the only thing any Congress since 1990 has been able to agree upon is that Bill Clinton needed to be impeached and a bunch of Asian desert bombed!
This has effective emasculated an entire branch of government. Power seeks a vaccuum. It's almost understandable that the President would unilaterally legislate.
Plus, members of Congress don't have to take a stand on anything controversial. Take the EPA actions earlier this year to regulate greenhouse gases. Now, long time readers of this blog know there are few people more concerned with global climate change than me. Maybe Al Gore. So while I don't have a problem with Obama taking the bull by the fumes...so to speak...I worry about the fact that Congress didn't vote on this.
Note: it wasn't voted down. The bill stalled before a vote could be taken. It's probably still in the hamper, waiting to be aired out. Look at what this saves Republicans from, say, Montana, where people believe climate change is real and a problem. The party would insist they vote against the EPA actions. Their constituencies would say "We need a better Congresscritter." No responsibility, yet they can parade around touting how angry they are that they didn't get their say.
The more a controversial issue remains undecided, and the more critical that issue becomes, the less likely it is Congress will ever actually take action. And the more likely it is they will cede that issue to the Executive branch. Fine for a liberal like me when a semi-liberal like Obama is in charge, but what happens when another Dumbya hits the Oval Office? One a little more clever?
Congress will still feel this is expedient.
But it is unhealthy. It is unhealthy for an economy, it is unhealthy for a Constitution and it is deep unhealthy for a society and its people.
Monday, August 01, 2011
America, The Chicken
Not Sure I Completely Agree With Krugman On This, But...
A deal to raise the federal debt ceiling is in the works. If it goes through, many commentators will declare that disaster was avoided. But they will be wrong.
For the deal itself, given the available information, is a disaster, and not just for President Obama and his party. It will damage an already depressed economy; it will probably make America’s long-run deficit problem worse, not better; and most important, by demonstrating that raw extortion works and carries no political cost, it will take America a long way down the road to banana-republic status.
Where I disagree with Krugman is in the details. This package has to be reviewed this fall. On the same date that the Bush tax cuts (extended two winters ago) expire. That will immediately raise revenues, and lower the deficit tremendously. In this, it seems, Obama gets to keep his campaign promise (two years too late, of course) of eviscerating those horrid cuts.
Disaster avoided? Maybe. Maybe not. Certainly Krugman is right to point out that the last thing we need right now is spending cuts (unless they're carefully targeted, like farm subsidies for corporate farmers) and the long term effects to the economy could be irreparable if Obama is unable to persuade Congress (absent Boener, of course) that the tax cuts must die.
The inference from reading the reactions of various House leaders indicates to me that the crux of this deal with Obama is the death of the Bush cuts. Yes, he gives up stuff first, and so there's no promises or guarantees that he is ultimately successful in his pursuit of this goal.
On the other hand, it sure looks like the political kabuki I've been talking about has taken form.
SHARK!
Microwaved Wheat
My Only Surprise With The Debt Deal Is...
MTV And The Death Of Democracy
Apparently....
Friday, July 29, 2011
Nobody Asked Me, But...
Thursday, July 28, 2011
Holy Crap!
Are there other ways for the president to raise money besides borrowing?
Sovereign governments such as the United States can print new money. However, there's a statutory limit to the amount of paper currency that can be in circulation at any one time.
Ironically, there's no similar limit on the amount of coinage. A little-known statute gives the secretary of the Treasury the authority to issue platinum coins in any denomination. So some commentators have suggested that the Treasury create two $1 trillion coins, deposit them in its account in the Federal Reserve and write checks on the proceeds.
Other clever solutions may be found here.
A Candidate For A Darwin Award
Fat, Dumb, And Lazy Is No Way To Go Through Life, Son
Planned Parenthood...
Gout? Really?
You Know What I Find So Astounding About This Story
Interesting Development
Interesting Battle Upcoming
You Know, If You're Going To Bash People Over Owing Money....
An Overarching Backdrop
In one swoop, Britain has recognized Libya's rebel government, expelled the remaining London diplomatic staff of the Tripoli-based regime, and freed up millions in assets that can now be funneled to the cash-strapped rebel troops.
Amid a weeks-long stalemate, diplomatic activity seems to have stepped up. This is likely partially because Ramadan begins next week, which will force NATO forces to scale down the fighting as most of Libya begins the month-long daily fast. The US and France have already recognized the rebel government.
"This decision reflects the national transitional council's increasing legitimacy, competence and success in reaching out to Libyans across the country," Foreign Secretary William Hague said Wednesday, according to the Guardian.
And So The World Takes A Small Step Forward
Carlos, We Hardly Knew Ye
Wednesday, July 27, 2011
Why This Nation Will Never Move Forward So Long As Teabaggers Exist
That is why we need to raise new tax revenues as well — so we can simultaneously shrink the entitlements programs, but still keep them viable, and generate the funds needed to strengthen all five parts of our growth formula. Anyone who says that either entitlement reform or tax increases are off the table does not have a plan for sustaining American greatness and passing on the American dream to the next generation.
Alas, that is the Tea Party. It is so lacking in any aspiration for American greatness, so dominated by the narrowest visions for our country and so ignorant of the fact that it was not tax cuts that made America great but our unique public-private partnerships across the generations. If sane Republicans do not stand up to this Hezbollah faction in their midst, the Tea Party will take the G.O.P. on a suicide mission. No American politician was more allergic to debt or taxes than Thomas Jefferson, but he also appreciated the need to have the resources to make the Louisiana Purchase and insisted that on his tombstone it be written that he founded the University of Virginia.
Naturally, some assholes have a problem with this truth.
A Sad Loss
Welcome To The Party, Pal!
Your Photo Of The Day
What's Wrong With The Wall Street Journal?
That's largely because the economy is growing much too slowly to absorb the available work force, and industries that usually hire early in a recovery—construction and small businesses—were crippled by the credit bust.
And that comes almost directly after this:
Over the past 10 years:
• The U.S. economy's output of goods and services has expanded 19%.
• Nonfinancial corporate profits have risen 85%.
• The labor force has grown by 10.1 million.
• But the number of private-sector jobs has fallen by nearly two million.
• And the percentage of American adults at work has dropped to 58.2%, a low not seen since 1983.
And the conclusion, after almost THIRTY YEARS OF CRAPPY JOBS GROWTH is that jobs were lost two years ago and aren't coming back?
I almost wish they WOULD tap voicemails there. At least they'd have a clue.
Constitutional Mandate
This Is A Little Silly
An atheist group has filed a lawsuit seeking to prevent a cross made out of World Trade Center steel beams from going on display at the 9/11 Memorial Museum.
American Atheists filed a lawsuit this week in state court arguing that the group opposes the placement of the cross in the museum because members believe it is the only religious article getting special accommodation there.
The cross, made of two intersecting steel beams, was found standing in the rubble of the World Trade Center following the Sept. 11, 2001 terrorist attacks.
I suppose you could look at it and see a religious symbol. Some people see Jesus in their Wal-Mart receipts, too, but that doesn't make the receipt a religious artifact.
You Know What's Pretty Amazing About This Story?
The military says an unarmed intercontinental ballistic missile has been destroyed minutes after it blasted out of an underground silo on the California coast on a test flight.[...] The military says the missile was nearing its target in the Pacific Ocean's Kwajalein Atoll area when it was destroyed.
Kwajalein Atoll is just a couple thousand miles from the Philipines....Probably take about twelve hours by plane, give or take.





