Hey, I needed a different title than #PANIC. Already used that one. And I’m saving #DOOM for a plunge of 800 points / 8% or more. (Tomorrow! Tomorrow! I love ya, tomorrow!) Anyway… I have a pet theory about this. Sometimes, I think Wall Street gets what it wants from politicians, expecting to feel reassured by it — but instead,… Read more »
As if recent events haven’t created enough cause for #PANIC already, I’ve recently seen a couple of charts of economic data that really put things into (scary) perspective. One is the “real” monthly employment picture since 2009, subtracting out the 150,000 jobs that must be added per month just to keep up with population growth: Yikes. The other requires a… Read more »
Some photos from my weekend in Beaver Creek: That last one was an unintentional snapshot as I moving the phone into or out of my pocket. I think it turned into a rather cool abstract photo. More photos here.
Doug Mataconis’s post on the infuriating FAA situation got me all fired up, and inspired me to do something I rarely do: write to my congressperson. Congresswoman DeGette, I am writing to express my absolute disgust with the ongoing situation surrounding the FAA’s lack of funding. I do not know your position on the issue, and thus do not presume… Read more »
Blah blah, debt ceiling, extortion, default, blah blah. Enough! It’s over! Look, a rainbow! Taken in our neighborhood yesterday. (Would’ve been prettier, if not for the Tea Party! … Sorry.) P.S. Also… 30 days till college football starts! YAY!!!
“One of the most important things about this piece of legislation is that never again will any president, of either party, be able to raise the debt ceiling without being held accountable for it by the American people.” –Mitch McConnell, just now. Translation: henceforth, members of Congress, of both parties, will feel even more freedom to pass irresponsible budgets, pretending… Read more »
President Obama, Speaker Boehner and Senate leaders in both parties have agreed to a deal that would effectively raise the debt ceiling through 2012 while enacting a mostly Republican-friendly package of spending cuts (and no new revenues). It would also set up a likely showdown in December over a second wave of deficit-reduction measures as recommended by a bipartisan congressional… Read more »
Well, the House GOP has finished wasting the better part of a week on fantasy-land legislation so unrealistic and irrelevant to the final (necessarily bipartisan) resolution of this crisis, they might as well have tied a debt-ceiling increase to Frodo casting the Ring into the Fire. Obviously, the Senate immediately voted down the House’s non-starter of a ridiculous, designed-to-fail bill…. Read more »
Seriously? Seriously? We’ve wasted three whole days, with national default* on our legal obligations mere days away, for this?!? House Republicans will link passage of a balanced-budget amendment to Speaker John Boehner’s (R-Ohio) last-ditch debt-ceiling plan, which GOP lawmakers said would move the measure to passage in a high-stakes vote later on Friday. … Republican lawmakers say the Boehner framework… Read more »