Category: Budget

The Rate of the Wait; The Cost of the Lost

The magnitude of the money required to service the interest costs generated by the public debt is stopping for no one.

With respect to its costs; the rate to wait has benefited no one save the administration which has not missed a beat in every opportunity to turn a blind eye on housing …while jabbing the financial sector in the eye with a sharp stick.

Once upon a time, not too long ago …I lived in Hungary at a time in which the rate of inflation was running at 33%. As high as that may have been …it was a promising time. People were full of hope and looking towards a brighter future. And as bleak as 79 % effective tax rates were, optimism was running rampant.

Unlike what we have here in the U.S.A. today, there and then …the velocity in the Hungarian market could only be characterized as torrential. Money was moving at an amazing spead. Opportunity was in the air.

However, here …overall broad spectrum inflation has not raised its ugly head here …now, primarily because velocity is anemically low …and whatever inflation currently exists has been rather limited to commodities in a low demand …low growth environment.

Know What I Mean Maynard?

  Know What I Mean Maynard?         Dear Vern, Do you recognize the following quote? “The market can remain irrational longer than you can stay solvent.” It […]

Kudos For A First Step To Move Us All Forward

To Rand Paul:

Kudos for speaking your mind today Rand Paul!!!

You are so right in one respect. This vote to raise the debt ceiling is not going to stop the annual deficits’ from contributing huge sums to the debt. Your are right this bill will not stop the fact nor the affect that each yearly deficit will continue to grow the public debt.

In this, this still will not much alleviate the huge sums which still need to be borrowed in order to sustain the spending habits necessary to support the governmnet in a lean revenue environment …one in which tax receipts are still a very scarce and harsh reality.

The paradox of reality’s pain has not yet well embraced.

Otherwise, it would have been more than well met and dealth with the necessary degree of resolve demanded in principal and scope by means which would have otherwise …resolved …long ago …to reconcile our debt in and with a rather greater certain measure of calm fiscal sanity.

And you are right that it will merely slow it down a bit …still allowing the debt to grow by 7 trillion dollars …rather than 11 trillion over the next ten years.

I understand why you declared tonight that you will not vote for the Bill when the House Bill is presented to the Senate.

On principal, it is no wonder why …over 60 Republican Nay VOTES were recorded in tonight’s House Vote.

Harry Ried’s Game Let’s You And Him Fight

In consideration of all of Senator Reid’s digs and innuendos’ …his pat answers make no more than one gigantic piece of work …which is still not going to work for “…We the People …”

His scripted sound bytes have even gone as far as to suggest that former President Regan’s deficits bear a strong resemblance to today’s debt’s relative magnitude.

Bunk!

For one, to suggest such is to obviate …overlook and turn a blind eye to the fact that today …the health of the economy and the prevailing lack of confidence herein …only causes today’s deficits and prevailing economic malaise …to pale …when …and if …truth be told …is allowed to serve as a more sobering measure of a more truthful comparison.

Therein, the Senator’s drivel doesn’t make for a stable leg to stand on before making such broad sweeping comparisons …those whose logic and arguments are both untimely and can hold no water.

A cracked cistern can hold no water …such a cracked pot not withstanding.

Cut, Cap & Balance

In my humble opinion, there’s got to be a better way to safeguard fiscal sanity other than by putting a chastity belt around the federal government’s purse strings.

They put muzzles on mean wild dogs don’t they?

Horses and stagecoaches come equipped with reins, yes?

Moody’s Plausible Probable Likelihood

Moody’s A Plausible Probable Likelihood

Are you kidding?

“…in the wake of the worst political rancor since the civil war …”

Jim Crammer Friday, July 15, 2011

In Washington …the nature and rules of brinkmanship’s dynamics are always being written and rewritten, as they have been time after time again.

Why then would …or, what then could make the question as to whether or not Congress will raise the debt ceiling before the last minute …a question whose lackluster resolve’s and groaning dynamics different any more than any other thing which this “do-nothing” Congress has touched recently?

Well, then …consider this point of conjecture.

But let me set the stage first.

Is there any one you know that …when they walk into the room, there is a rushing like mighty sucking noise?

You know …the sort of person/organization who believes and acts as though the whole damned world’s charter was meant to serve as a mandate which justifies and encourages wiping their feet on any who take up an opposing issue …regardless of the costs.

And if you have any doubt about it …just ask them.

Well, in Washington’s play …I believe that its brinksmanship in its (ownership) matter of the debt limit debate …merely serves as just such a sucking example …one in which partisan politics extols all of the best virtues and all the worst vices of wiping one’s feet on the other …all at the expense of “…We the People …”

Recovery; It’s A Gas

In the wake of the sell in May and walk away market mentality, Consumer Confidence is becoming increasingly …overshadowed and punctuated by the tenuous reality that America is facing a real and present threat which endangers Her sovereign interests …a risk in regards to the consequences of Her single-dimensional dependency upon a one-sided energy’s policy platform.

Organizers vs. Agitators

In time, what’s the big deal if the net affect of giving up a measly tax credit or two offers big oil the opportunity to reap a harvest …allowing them to play an even greater (dominant) role in developing bridge fuel technologies after a cogress which is fiscally addicted to a Fed’s accomodative weak dollar (deficit- driven) fiscal irresponsibility.

As a politician, any one can survive …as long as one can maintain a

chameleon

-like populist stance.

But, in reality; a well known man once said;

“You may fool all the people some of the time, you can even fool some of the people all of the time, but you cannot fool all of the people all the time.”

So, seriously; don’t be agitated, and for goodness sakes don’t be aggrevated.

For there are and have been many …who for years, it can be seen …have been pretty good at knowing how to peddle snake oil.

So, don’t be taken in unaware …by the very sensual and emotional nature of all their promises’ appeals and charms.

So, be sharp as a two edged sword, because you will need the truth to deal with whatever may be in each chamelions’ reptilian repitoir …populist non-sense not withstanding.

Care for some nice shinny rubby red apples, deary?

Don’t fall into a pit.

Become organized and plan to vote come 2012.

Above all, don’t confuse a community agitator with a community organizer.

Bottom line; don’t be fooled by a chameleon.

Chameleons crawl on their bellies like a snake …or any other reptile.

And while they pretend to speak for all …they speak for no one but themselves.

O Joshua!

NATO; Cuba; Bay of Pigs; Libiya; Germany and France

View Hope As Repetitious Annual Deficits?
Can America Afford
to …continue …to …
Execute Effective Foreign Policy
A Strong Homeland Security
In What Was …What is …and What Will Be
…if Not 1st Prepared?
Ready For What?
Sabers Rattle More in the Face of U.S.
Weakness & Vacillation?

If you are not with us …you are against us? Where did I last hear this?

I believe this is what came from President Bush as he led the charge to stand against Iraqi dictator Sadman Hussein in the wake of the Iraqi dictator’s post Quwati invasion’s peace.

Hmm! Noble cause as the president’s charge may have been; as it were, I wonder why the president’s efforts met with so much international indifference and contempt.

For a possible answer, take a look back with me a bit.

In view of the recent celebration of The Bay of Pigs 50th Anniversary last week, I think it altogether fitting to also take a look back at a letter which I wrote around the first part of 2007 …especially since it is also the case that Barack Obama made the decision to essentially dump the Libyan mess into NATO’s lap.

Consider the following as a prefacing introduction prior to any such a look back ward …

Hey Barack! Hey NATO!

I would hope America is ready and willing to take the responsibilities needed to shoulder the burdens of the tasks in Northern Africa. If something is worth doing, it should be worth doing well, yes?

Yet, for all that …the leadership which caused Barack Obama to mount the charge into Libya is one which is also fast wilting and withering on the vine.

This does one thing well. It makes a fine example of an excuse for failing to show the conviction of such a charge’s initial courage and conviction.