Plans
President Obama took to the airwaves and laid much of the blame or potential blame for the upcoming budget battle at the feet of the Republicans in the House. He said the debt ceiling must be raised to pay for … Continue reading →
Category Archives: Fiscal Crisis
Fiscal Cliff Compomise:Americans::Acme Products:Wile E. Coyote
In America’s real life version of the Roadrunner cartoons, we’re all Wile E. Coyote. But Congress is thesuper-genius that devises solutions basedsolely on the Acme line of products despiteits certain knowledge it’ll doom us all. Puter’s back after a well-deserved Christmas … Continue reading →
Random Items
It’s a Three-fer Tuesday here at the Castle for GorT: Item Numero Uno: Launch of the second flight of the X-37B “mini space shuttle” The Air Force launched the X-37B back into space on its second mission today. This vehicle … Continue reading →
In Which ‘Puter Fixes Boehner’s Boner, With Some Help From Rahm
Hold me closer, Tiny Dancer!Also, speaking of crises, why theheck are you hung like a Ken doll? Since Speaker of the House John Boehner (R-OH) does not understand the concept of “negotiating against yourself,” ‘Puter finds it necessary to step … Continue reading →
Carpe Diem, Republicans!
The Czar cannot stress this enough: the Republicans have a major opportunity to make Democrats look like idiots. And the time has come for that to happen, too. Right now, most of the major US media outlets are telling the … Continue reading →
Time Machine!
It’s been a while since I’ve fired up the time machine and taken a trip, so I dusted it off and jumped back to early May 2012. Not so far back in our history that people should forget but with … Continue reading →
Democrats’ Fiscal Cliff Claims And Plans Fail To Survive Contact With Facts, Math
Let’s review a bit of history. Does anyone in the media recall what gave rise to the fiscal cliff? Anyone? Anyone at all? Apparently not. To be fair, ‘Puter shouldn’t judge the Washington press corps for its faulty recollection of … Continue reading →
The Owls Are Not What They Seem…
Dr. J. was reminded of that line yesterday when he received an email from Congressman Jim Cooper (D-New Atlantis): Dear Friends, I’m worried. I hope you have been following the debate in Washington. If so, you know that failure to … Continue reading →
Oh, There’s Lots Of Reasons To Worry About Christie
Uh-oh. So Chris Christie took a helicopter to his son’s baseball game, stayed five minutes, and left? And this is the guy who is a notorious fiscal conservative? Conservatives are horrified! Not all of them, of course. Some of them … Continue reading →
Ridiculous
On Wednesday, President Obama announce that the federal government will purchase the first 100 electric cars that roll off an American assembly line. Currently, that appears to be the Chevy Volt which is reportedly going to carry a price tag … Continue reading →
Forward to the past!
Europe in the ’70s, here we come? Congressional leaders and President Obama are ignoring the perils of overspending to which European countries succumbed in the 1970s. The recent actions and proposals of President Obama and Congressional leaders violate both fiscal … Continue reading →
Obama Over His Head?
Says the Telegraph—jaw-droppingly. Read every paragraph: Sources close to the White House say Mr Obama and his staff have been “overwhelmed” by the economic meltdown and have voiced concerns that the new president is not getting enough rest. British officials, … Continue reading →
Charles Krauthammer…
…echoes the Volgi. Flattering for the Volgi, bad for America. “…The markets’ recent precipitous decline is a reaction not just to the absence of any plausible bank rescue plan, but also to the suspicion that Obama sees the continuing financial … Continue reading →
‘Puter’s Rear View Mirror
‘Puter’s more than passingly familiar with the financial services industry, the industry being pummeled the hardest (and deservedly so) by the current downturn. As such, ‘Puter’s been thinking about the many companies that have failed, and any commonalities among them. … Continue reading →
Emperor. Clothes. Etc., Part II
Thank you, Senator Judd Gregg (R-NH). Your statement that government debt and deficit spending is bankrupting our country gives ‘Puter faint hope that some in Washington do understand the consequences of our current actions. Please join Mr. Eastwood in the … Continue reading →