Budgets Force Choices.
“A budget is values,” says Douglas Holtz-Eakin, former head of the Congressional Budget Office and an adviser to John McCain’s 2008 presidential campaign. “When you put together a budget, you display where you’re going to put the nation’s resources and what you care about.” (HT:Washingtonexaminer) Something went wrong with the universe after the Puerto Rican GOP Primary. Mitt Romney not only made an accidental relevant | Read More »
So Who’s Up For A Round Of Messenger-Shooting?
“My guess is that once the US loses its triple-A, it’ll be gone forever.” – Felix Salmon Izvestia in Atlanta (CNN) We now suddenly receive a recent history lesson abouthow S&P financially rated Lehman Brothers prior to its collapse. Why would this be any more relevant to today’s problems than Paul Krugman’s cheerleading for a big housing bubble back in 2002? Because S&P could still | Read More »
It’s Oligarchical Collectivism or Shutdown
DISCLOSURE: Repair_Man_Jack is a psuedonym for a person who works as a Civil Servant for the United States Federal Government. “A lot of people with budgetary responsibility are planning for a shutdown instead of for next year’s budget,” said Diane Breckenridge, who works in the office of the secretary of Health and Human Services. “It doesn’t add to the productivity of the government.” (HT: Washington | Read More »
Pray For The Japanese As The Abyss Looms Before Them
It was Sunday, just after the earthquake had leveled much of Northern Japan. I was scanning my hotmail account with more than the usual curiosity. A close personal friend of mine (a former girlfriend to be more honest) still lives in Tokyo, and I had written to see if she were OK. Things turned out as well for her as could possibly be hoped. She, | Read More »