Five big stories the media will ‘discover’ after the election
Five big stories the media will ‘discover’ after the election.
Tag: budget
Bankruptcy
It appears that Barack Obama has won another four years in office. Despite what many consider to be one of the weakest and most incompetent presidencies in history, the American people have decided to stick with this man. Even worse, the Democrats look like they will gain seats in the Senate, even though it was the Democratic majority in that Senate that has refused to pass a budget — as required by law — for the last three years. For that dereliction of duty, the American people have decided to reward them with more power.
Overall, it appears that the polls that favored Democrats in their sampling were actually capturing the tone of the country. The public wants big government and a restriction in freedom. 2010 was a fluke, not a trend. I was wrong.
We are stuck with Obamacare. We are stuck with trillion dollar deficits. We are stuck with bankruptcy. I have little hope now for the near future. It will probably take fifty years or more to fix the problems that the past four years and the next four years will create.
This is not even a conservative perspective. No policy can survive, even good leftwing policy, when the government is bankrupt. And with trillion dollar deficits the new normal, we are guaranteed that the government will go bankrupt. And it will take everything else down with it.
Even worse, this willingness of the American public and its intellectual class to ignore this reality, to make believe that trillion dollar deficits don’t matter, suggests an intellectual bankruptcy that is even more appalling. For you can’t fix a problem if you refuse to face it.
The federal government is expected to hit its debt ceiling before the end of the year.
The day of reckoning looms: The federal government is expected to hit its debt ceiling before the end of the year.
The federal government is bankrupting the country, and it will take hard sacrifices to rein in that federal government. I fear that, regardless of how today’s election ends, neither party will be willing to propose those sacrifices, mostly because they will believe the voters are not willing either.
The B612 foundation has signed its first contract for building Sentinel, its private infrared space telescope designed to find asteroids that might impact the Earth.
The B612 foundation has signed its first contract for building Sentinel, its private infrared space telescope designed to find asteroids that might impact the Earth.
Running on empty
York’s assessment of the Obama campaign is fair and detailed. I would add that any campaign that thinks voters care more about a puppet and binders then they do about a failing economy and a bankrupt federal government should have no expectation of winning on November 6.
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.
Government pension plans have about $1.2 trillion of unfunded liabilities.
The day of reckoning looms: Government pension plans have about $1.2 trillion of unfunded liabilities.
Attacking the church of the Left
Why I spent $50 at a political fundraiser today
Two days ago Ralph Kayser, head of the Tucson Tea Party, sent out an email announcing that the Republican Congressional candidate for my district, Jonathan Paton (pictured on the right), was going to hold a luncheon fundraiser today. Ralph wanted to know if anyone was interested in attending.
Normally, I detest giving money to politicians, from either party. I consider them to be the worst form of bloodsuckers. They don’t produce any wealth, cannot create jobs no matter how hard they try, add restrictions to our lives that squelch freedom, and generally only serve to squeeze tax dollars from us all for wasteful government projects, money that we would better left in our own hands to use as we each saw fit. And then they go on the campaign trail, begging for more money so that they can beat the other guy.
Like I say, bloodsuckers.
Nonetheless, to me this election is different, in the same way the 2010 election was different.
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Scientists are proposing that Europe send a probe to Titan and sail it on that planet’s methane lakes.
Scientists are proposing that Europe send a probe to Titan and sail it on that planet’s methane lakes.
This concept had been proposed to NASA last year but it was rejected when the Obama administration shut down the planetary program.
The federal government spent $1.4 billion on the Obama family last year.
It’s good work if you can get it: The federal government spent $1.4 billion on the Obama family last year.
This included entertainment, housing, travel, and staff. It was also more than 24 times what the British spend on their royal family.
In related news, Agriculture Department employees spent more time visiting foreign countries then they did the farmlands of the U.S.