Tag: bankruptcy
Ahmadinejad: “How long can a government with a $16 trillion foreign debt remain a world power?”
Ahmadinejad: “How long can a government with a $16 trillion foreign debt remain a world power?”
Even a broken clock is right twice a day. Though even here, Ahmadinejad isn’t quite right, as the debt of the U.S. is not all foreign.
The federal government has spent $27 million teaching Moroccans how to make pottery.
Your tax dollars at work: The federal government has spent $27 million teaching Moroccans how to make pottery.
The U.S. government’s credit rating has been downgraded again.
The day of reckoning looms: The U.S. government’s credit rating has been downgraded again.
And we’ve only just begun!
The federal budget deficit has exceeded one trillion dollars for the fourth year in a row.
The day of reckoning looms: The federal budget deficit has now exceeded one trillion dollars for the fourth year in a row.
The debt of the federal government officially exceeded $16 trillion on Tuesday.
The day of reckoning looms: The debt of the federal government officially exceeded $16 trillion on Tuesday.
The long term credit rating of the United States was lowered today by Standard and Poors.
The day of reckoning looms: The long term credit rating of the United States was lowered today by Standard and Poors.
The downgrade reflects our opinion that the fiscal consolidation plan that Congress and the Administration recently agreed to falls short of what, in our view, would be necessary to stabilize the government’s medium-term debt dynamics. More broadly, the downgrade reflects our view that the effectiveness, stability, and predictability of American policymaking and political institutions have weakened at a time of ongoing fiscal and economic challenges to a degree more than we envisioned when we assigned a negative outlook to the rating on April 18, 2011.
The war on children
A thank you letter to President Obama.
The modern leftwing disconnect from reality.
The modern leftwing disconnect from reality.
[L]ast week a man called Floyd Corkins shot another man called Leo Johnson, the security guard at the Family Research Council, a “conservative” group, according to the muted media coverage, or a “hate group,” according to the Southern Poverty Law Center, who spray that term around like champagne on a NASCAR podium. Mr. Corkins, an “LGBT volunteer,” told his victim, “I don’t like your politics.” In his backpack, he had one box of ammunition and 15 Chick-fil-A sandwiches. Had he had one Chick-fil-A sandwich and 15 boxes of ammunition, he might have done more damage. Or then again perhaps not, given that, as bloggers Kathy Shaidle and “the Phantom” pointed out, he reached his target and then started “monologuing,” as they say in The Incredibles….
I’m not blaming Floyd Corkins’s actions on the bullying twerps at the Southern Poverty Law Center or those thug Democrat mayors who tried to run Chick-fil-A out of Boston and Chicago. But I do think he’s the apotheosis of narcissistic leftist myopia. He symbolizes that exhaustion of the other possibilities — the dwindling down of latter-day liberalism to ever more self-indulgent distractions from the hard truths of a broke and ruined landscape. Our elites have sunk into a boutique decadence of moral preening entirely disconnected from reality: A non-homophobic chicken in every pot, an abortifacient dispenser in every Catholic university, a high-speed-rail corridor between every two bankrupt California municipalities.
Read the whole thing. Steyn once again notes the bankruptcy of modern liberalism and the Democratic Party, which — unless the American public rejects it — will lead to the bankruptcy of our country and probably the world.
The gap between mainstream America and official Washington
The gap between mainstream America and official Washington.
Tomorrow will mark 1200 days since the Senate, led by the Democrats, passed a budget.
Time to party! Tomorrow will mark 1200 days since the Senate, led by the Democrats, passed their last budget.