Former Bush 43 economic policy adviser Lawrence Lindsey points out in today’s Wall Street Journal that our economic situation is actually worse than it’s made out to be. First, a normalization of interest rates would upend any budgetary deal if and when one should occur. At present, the average cost of Treasury borrowing is 2.5%. […]
Last week, Politifact rated a claim by the Texas Public Policy Foundation that Texas had created more jobs over the last five years than the other 49 (or 56) states combined. In Politifact’s “analysis” this completely accurate statement was listed as “half-true.” The mental gymnastics required to come to this conclusion were summed up by […]
I must have missed the big article where the state’s pension mess had been cleaned up and a booming economy had caused tax revenues to skyrocket, but it must have happened if this is any guide. Chances are, the last time you flopped down on one of those lush hotel beds, replete with a pillow-top […]
Let me preface this by stating a few facts. Terry Jones is a jackass of little note who shouldn’t have a gun. If the media behaved responsibly rather than ginning up controversy, no one would’ve heard of the guy. The media is using Jones to once again portray Christians as instigators and Muslims as victims. […]
Via Iowahawk comes this little ditty: I must confess, that each time all those zeroes passed by the screen I always thought it would stop 3 zeroes before it actually did. You really can't comprehend "billions," let alone "trillions" in real terms.
Wow. Just wow. I saw some clips of President Obama’s speech and read the text. The speech is probably the most dishonest and demagogic speech I’ve seen since Moammar Gaddafhi gave that one a few weeks back. First from ABC News’ Jake Tapper: President Obama at the GOP House retreat, January 2010: “We're not going […]
Yeah, you know the next line. It looks like the corrupt party has once again outfoxed the stupid party (as Democratic strategist Pat Caddell likes to characterize them) once again up on Capitol Hill. For example, the final cuts in the deal are advertised as $38.5 billion less than was appropriated in 2010, but after […]
Last Friday, John Boehner and the House GOP managed to drag Harry “Cowboy Poet” Reid and President Obama into about $40 billion in spending cuts for the remainder of the fiscal year. How’s this for a pivot? Harry Reid, Feb. 3, 2011, on Paul Ryan’s initial offer of $32 billion in spending cuts: The chairman […]
From the “I can’t make this up” file comes a commentary by Poynter.org’s Roy Peter Clark entitled “Why defenders of the First Amendment should oppose the bill to defund NPR.” Clark opens his commentary with this disclaimer: I am not a lawyer and don’t play one on TV. And that’s where he should’ve stopped writing. […]