Sniff, sniff. What’s Orzsag cooking? I think it’s the books

    Wonderful reporting today in the Politico by David Rogers. Basically, The Director of the Office of Management and Budget, Peter Orszag, wants to change the rules for the way that government tells Congress and the American people how much money it spends at the IMF. Orszag, is claiming that a $100 billion dollars check that we send to the IMF should be reported as $0. | Read More »

    Another Obama budget lie: Iraq and Afghanistan

    When Barack Obama released, his budget, he claimed that it didn’t contain “gimmicks” and that he cost of the budget was so high because he fully funded Iraq and Afghanistan in the budget and didn’t use gimmicks. Jackie Calmes of the New York Times swallowed the line so completely that she called her story “Obama bans gimmicks, deficits will rise”. (Never mind that the ever | Read More »