Geithnerism In Its Fulsome Evil Glory
I don’t imagine Treasury Secretary, Timothy Geithner ever expected to end up as the philosophical poster-child of The New American Left. The Left is famous for raising taxes. Geithner may or may not even bother to pay his in any given year. Yet it happened during a light moment he experienced while testifying up on Capitol Hill. His statement to Congressman Ryan could accurately describe | Read More »
Beyond Last Night
I make few denials about being partisan. I enjoy it at times like last night. In fact, I haven’t enjoyed watching a bunch of people from Wisconsin administer a condign beatdown on a deserving opponent this much since Brett Favre was playing in The Super Bowl. All gloating aside, a lot went into last night that goes far beyond just Wisconsin State-Level politics and provides | Read More »
Tags: Ann Althouse
, Blue Social Model
, Ed Schultz
, Mein Axelrod
, Recall This!
, San Jose
, Sand Diego
The Value of a Government IOU
Perhaps The State of California deserves condign scorn for failing to pass a budget and resorting to the issue of IOU’s to pay its obligations. I would tend to agree, but perhaps Clusterstock.com pressed the joke a bit too far with the offer to buy up California IOUs at fifty cents on the dollar. The State IOUs have to be worth more that – don’t they?
At present, no officially condoned aftermarket exists to convert the Terminator (others may prefer that we call it The Predator, The TrueLie or The HGH) into a valid means of exchange. Joe Weisenthal, author of the polemic linked above, had to be sadistic enough to investigate. Here’s what he found.
We’ve been calling around to various pawn shops, check cashing places, rare coin dealers and even a Wells Fargo branch. So far none have said they’re going to be doing business in CA IOUs, so it looks like our offer ( 1 Terminator = 0.5 USD) is the best you’ve got going for you.
Read More »
Too Big To Fail; Too Dumb To Live….
According to Clusterstock.com, California has 50 days to live. Given the pathetic level of fiscal probity shown by the state government, I’m fairly pissed that they’ve been given a 50 day reprieve. But therein lies a tale.
Is it economically possible to let the cancer-ridden patient just expire? How would such euthanasia work when applied to a federalist government entity? The answers, regrettably, are “No,” and “you are an idiot if you’d like to find out.”
Read More »