Total money appropriated by the House of Represenatives, as of today: $1.2 trillion. Number of days in Obama Administration, as of today: 38. Spending per day: $31.5 billion. Annual spending per year at this rate: $11.5 trillion. Just-released budget from… Continue Reading
So let’s see if I have the myth right. Way back under the administration of [insert name of last opposition party President here], and inspired by the legislative efforts of [insert opposition ideology bogeyman’s name here], banks were [allowed/encouraged/required] to… Continue Reading
President Obama, directly addressing a critical issue, has promised to reduce budget deficit to $650 billion by 2013. To get that promise, I have to parse through a few of his statements, like his evaluation that the government was running… Continue Reading
Citing what amounts to irreconcilable differences on the stimulus bill, Senator Judd Gregg has withdrawn his nomination to be President Obama’s Commerce Secretary. This is more of a relief than a surprise, although the President is likely feeling stabbed in… Continue Reading
Do my ears and eyes deceive me? Or did Jon Stewart do nearly seven minutes of riffing on President Obama on The Daily Show? Yes! Yes, he did! He mocked the Cabinet appointees, Obama’s halting performance during his press conference,… Continue Reading
There’s this cool classic rock song from The Who, Won’t Get Fooled Again. It’s used as the theme music for one of the CSI shows. I’ve always liked the interplay between the Hammond pipe organ and Pete Townsend tearing up… Continue Reading
A special three-judge panel of the U.S. District Court for the Northern District of California* may have just handed Governor Schwarzenegger and the Legislature a key to solving the budget crisis — release between 36,000 to 57,000 prisoners. Less strain… Continue Reading
A little trip down memory lane, here. How did the financial crisis get started? If you answered “By banks making high-risk loans to people who couldn’t afford the homes they bought,” you’re (substantially) right. With that in mind, here’s a… Continue Reading
Still got my hands full with stuff, so not a lot of time to blog and write on my own. But I’ll add this absolutely wonderful piece that I came across in today’s Fish Wrapper. It’s the best of the… Continue Reading
Supreme Court Justice Ruth Bader Ginsburg had surgery for pancreatic cancer yesterday. Whether you love her or you disagree with everything she writes and every vote she casts while on the bench, bear in mind that pancreatic cancer is one… Continue Reading