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Category Archives: Politics
Good News for California
Moody’s now rates Illinois as having the worst credit rating in the country.
This is your train on drugs
Advisory group recommends withholding billions for high-speed rail: Over $2.6 billion in state bond money dedicated for the California’s high-speed rail plan should be withheld until the project establishes a more financially viable business model, an advisory council recommended on … Continue reading
Why Herman Cain was Like Nicholas Cage in National Treasure
Cain is out of the presidential race, so I’d better use this analogy before its use by date is up. Herman Cain was like Nicholas Cage in National Treasure. Like I said when I saw National Treasure, in order to … Continue reading
The Word’s Shortest Political Quiz, Fiscal Sanity Edition
Are willing to discuss the national debt? If so you might be a Democrat. Are you willing to discuss the much larger problem of the Social Security funding shortfall? If so you might be a Republican. Are you willing to … Continue reading
Posted in Politics, Social Security
3 Comments
California’s High Speed Rail Now Projected at $98 Billion
Washington Post – California’s high-speed rail system is going nowhere fast: THINGS JUST WENT from bad to worse for high-speed passenger rail in California. After the Golden State’s voters approved a $9 billion bullet-train bond issue in 2008, officials said … Continue reading
The Occupy Wall Street Protests as Fantasy Ideology
JayG notices something funny about the Occupy Oakland protestors taking over the Oakland port and blocking truck traffic: So they’re protesting the effect of capitalism on government by forcing the working people to lose money? Truck drivers that don’t drive … Continue reading
Rhode Island Pension Crisis
New York Times – The Little State With a Big Mess After decades of drift, denial and inaction, Rhode Island’s $14.8 billion pension system is in crisis. Ten cents of every state tax dollar now goes to retired public workers. … Continue reading
Dave Ramsey speaks out on Occupy Wall Street
Dear Occupy Wall Street …. Good stuff. Via Robb Allen.
Harrisburg, PA moves to file Chapter 9 bankruptcy
USA Today – Harrisburg council approves bankruptcy filing: HARRISBURG, Pa. (AP) – Pennsylvania’s financially distressed capital city is seeking Chapter 9 bankruptcy, citing overwhelming debt, but Harrisburg’s mayor and top city lawyer said the filing signed by a City Council … Continue reading
I just realized Saturday Night Live writers are terrorists
The Tea Party thinks the government shouldn’t buy things it can’t afford. Vice President Joe Biden and Rep. Doyle (D-PA) think the Tea Party are terrorists. Saturday Night Live writers think people shouldn’t buy things they can’t afford. Therefore Saturday … Continue reading
The Time Has Come to Give it Back
Not land to Australian aborigines. That was a Midnight Oil song. This time it’s Hugo Chavez wanting Venezuela’s gold back from the Bank of England. It’s Chavez, so you know he’s up to no good. In other news, Chavez is … Continue reading
Remember California’s High Speed Rail Project?
It’s way over budget. Try to act surprised. The California High-Speed Rail Authority’s new cost estimates released Tuesday show the initial stretch of construction between Merced and Bakersfield will cost $10 billion to $13.9 billion depending on how it’s built. … Continue reading
I just realized Dave Ramsey is a terrorist
Dave Ramsey tries to get people to live within their means by spending less than their income. That means he must be a terrorist, just like those dadblamed Tea Party people.
Posted in Politics
3 Comments
At least Obama didn’t give S&P the Italian treatment
Mark Steyn – Mad Debt: [O]ver in Italy, which is (believe it or not) a G7 economy, police raided Moody’s and Standard & Poor’s over allegations that all the meanie things that the rating agencies have been saying about the … Continue reading
Gee, when you put it that way Obama sounds like a big loser
WizardPC: To recap: In 2009 we were told that if we didn’t pass Obama’s stimulus, unemployment would exceed 8%. After two years of 9.5%+ unemployment, we were told if we didn’t raise the debt limit by yesterday, the market would … Continue reading
Go Read Theodore Dalrymple’s Latest
Austerity in the U.K.: Since the end of World War II, the British have grown accustomed to the idea that the money in their pockets is what the government graciously consents to leave them after it has taken its share. … Continue reading
Posted in Political Survival Kit, Politics
2 Comments
NY Times: Suddenly We Love American Wars Against Brown-skinned People
Hot Air – NYT on Libya: Bailing out of a war before it’s won will hurt U.S. credibility: First Obama out-Bushed Bush, then Hillary started questioning the patriotism of war opponents, and now we’ve got the flagship paper of the … Continue reading
Posted in Middle East, Politics
2 Comments
Ron Paul and Barney Frank Want to Legalize It
AFP – Lawmakers to introduce bill to legalize marijuana: A group of US representatives plan to introduce legislation that will legalize marijuana and allow states to legislate its use, pro-marijuana groups said Wednesday. The legislation would limit the federal government’s … Continue reading
David Mamet’s Conversion to Conservatism
The Weekly Standard – Converting Mamet: Higher ed, he said, was an elaborate scheme to deprive young people of their freedom of thought. He compared four years of college to a lab experiment in which a rat is trained to … Continue reading
Posted in Politics
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Megan McArdle on Private School Vouchers
“Memo to suburban voucher opponents who ‘support public education’: you’re already sending your kid to private school. You’re just confused because your tuition fees came bundled with granite countertops and hardwood floors.” – Megan McArdle And a little more:
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