Posts Tagged ‘debt’
Leasing lighthouses…
The Sardinian government has a scheme to lease out its picturesque lighthouses to make a little money and avoid the expense of maintenance and restoration. It won’t be a huge help to the Italian fiscal problem, but it means, hopefully, that these structures will not only be preserved, but also enjoyed by others, because they offer some spectacularly scenic locations.
Debt = economy…
U.S. debt is now $15.23 trillion, which is the same size as the entire economy. Thanks so much, His Oneness.
Simplified debt and deficit…
This is a brilliantly simple explanation of what everyone assumes to be a vastly complicated set of problems.
$15 trillion…
Thanks to His Oneness and the spineless Super Committee.
Real obesity problem…
William Warren has a most instructive political cartoon for us today.
Sharks in the water…
Have a wonderful cartoon which perfectly explains the economic policy of His Oneness.
Debt solution…
Have a perfectly delicious cartoon showing how His Oneness solved the debt ceiling crisis.
Real repoman…
A crisis as a goal?
Quin Hillyer thinks that is the true goal of His Oneness. Don’t discount it merely because the concept is difficult to wrap your head around.
Now that one of the credit rating agencies has downgraded the USA, I think we’ll see some proof of Hillyer’s premise, because the agency is not concerned about the debt ceiling, but the debt load.
Obama debt presser…
Daniel Foster notes that His Oneness could have lifted his language about entitlements from Paul Ryan. Other than that, the presser was one long, confused mash of lies and distortions – Democrats see a revenue problem, not a spending problem. Read Mark Steyn’s post here.
As Kevin Glass so beautifully points out, the Democratic party is the only part of the economy that isn’t in the toilet. Joseph Lawler offers the video and reduces it to a succinct “your taxes will increase after I’m re-elected.” And yes, Democrats are perfectly willing to raise the specter of debt default in order to keep the power that forced government redistribution gives those in Washington.
If, like Bonhoeffer, you believe “The ultimate test of a moral society is the kind of world that it leaves to its children,” then you can not agree to what his Oneness insists upon, because the man’s promises are dangerous to us all.