Home > Federal, National > A step in the right direction, but falling far short; Debt Deal’s Threat to our Security; A deal not a solution; Tea Party ‘Terrorists’ Remarks; United we stand, divided we fall; Crackhead accounting; No objective journalism; the only adult in the room; and much more

A step in the right direction, but falling far short; Debt Deal’s Threat to our Security; A deal not a solution; Tea Party ‘Terrorists’ Remarks; United we stand, divided we fall; Crackhead accounting; No objective journalism; the only adult in the room; and much more

August 1, 2011

A ‘Spit in the Ocean’ — But It’s a Start

Budget experts hail the $2.5T deal as a step in the right direction, but say it falls far short of the drastic action needed to address America’s massive debt problem as Harry Reid brings the bill to the Senate floor for a vote.

HIGH NOON: Senate Sets Debt Vote

Senate is expected to approve bipartisan debt package just hours before the midnight deadline, sending the plan to Obama’s desk for a signature to avoid what would be first-ever U.S. default.

  Biden Criticized for Tea Party ‘Terrorists’ Remark

Disputed reports say Tea Partiers were compared to ‘terrorists’ during VP’s meeting with House Dems

Boehner has been the adult in the room (all 3 rooms that is)!

Divided House Passes Debt-Limit Deal, Senate to Vote Tuesday

The U.S. House passed a measure on Monday to increase the country’s debt ceiling by a vote of 269 to 161 and sent it to the Senate for final congressional approval. The Senate is expected to vote on Tuesday — the day that the Treasury Department has said it will not be able to borrow more funds to pay all of the nation’s bills. The vote, however, showed the fractured nature of the debate, with defections on both sides of the aisle.
FULL STORY

 

Cognitive Dissonance by W. James Antle, III

The clashing and contradictory narratives driving the debt ceiling debate. (Read)

Official Washington’s Crackhead Accounting

by Matthew Vadum

 Ceiling Our Fate?

by Tom Blumer Washington, with Democrats leading the charge, assumes we can withstand at least 18 more months of business as usual. Prognosis: Doubtful. 

Ceiling Our Fate
Kirk W. Kelsen
Government spending relentlessly and automatically continues, no matter what’s going on.
 
MoreObama’s Idiotic Infographic
Peter Wilson
Most frightening is the thought that Obama might actually believe that his infographic is an accurate portrayal of our financial situation More

The Dirty Little Secret of Economics
Christopher Chantrill
How economics got seduced into gaming the economy instead of growing it. More

Tough Love
Bill Markin
It’s called an intervention, and its time has come. More

 CBS partisan complains ‘We got nothing’ in debt deal
August 2, 2011
Not even the fig leaf of objective journalism. More
 
Conservatives still outnumber liberals by nearly 2-1
August 2, 2011
Who’s a “moderate?” More
 
Why Some of Us Tune Out Democrats
Robert Oscar Lopez
The Democrats don’t know what they want, don’t know what I want, and aren’t clear on how the government has worked, works now, or ought to work. More
 
 
Meanwhile:

James Hirsen: Hollywood Bucks Pour Into Liberal Campaign Groups

Democratic Donors Churn Out More Than in 2010
 

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