The Budget and the Deficit.

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Sunday January 31, 2010 · 11:02 PM PST

2010/01/31 · 23:02

WASHINGTON - President Barack Obama's proposed budget predicts the national deficit will crest at a record-breaking $1.6 trillion in the current fiscal year, then start to recede in 2011 to just below $1.3 trillion.

Still, the administration's new budget proposal to be released Monday says deficits over the next decade will average 4.5 percent of the size of the economy, a level that economists say is dangerously high if not addressed.

falsehood

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Wednesday January 27, 2010 · 10:49 AM PST

2010/01/27 · 10:49

The new Supreme Court ruling on political speech has been slammed by President Obama and a wide variety of Democrats and liberals, such as Keith Olbermann. While I cannot claim any level of legal expertise, and am ignorant of the decision's specifics, there may be a significant silver lining lost in the condemnation.

The following argument is a paraphrase of Daniel Indiviglio, from the Atlantic’s Politics blog. It goes like this: large corporations were previously able to fund partisan political ads through 527s and Political Action Committees, so instead of opening the way to any new spending affecting politics, the field has now been opened for small businesses to fund advertisements, without having to employ a large legal department in order to maintain "proper separation."

falsehood

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Monday August 24, 2009 · 5:22 PM PDT

2009/08/24 · 17:22

Publishing this diary does not help the United States of America. On the contrary, just as many voices in the political world have alleged, making this information publicly available will aid our enemies and wound the resolve of our allies.

But we have no choice, for the consequence of silence is too great. The CIA Inspector General's report reveals how many times the agency stepped over the bounds that had been established by the Office of Legal Council.

falsehood

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Sunday May 31, 2009 · 10:17 PM PDT

2009/05/31 · 22:17

Hi there. I wanted to touch on a few things about this interesting debate.

First, I think the underlying question here is fascinating:
Who gets to decide if the killer is a Christian?

And for that matter, who gets to decide about any and all of us?

falsehood

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Sunday May 17, 2009 · 2:16 PM PDT

2009/05/17 · 14:16

Today has seen a variety of diaries here and elsewhere about the cover sheets that Rumsfeld approved and carried to the President, as well as some commentary about how dumb those sheets were. I wanted to speak, though, on the nature of what those sheets might mean to some of the many Americans who did not vote for Barack Obama.

falsehood

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Tuesday March 17, 2009 · 8:42 PM PDT

2009/03/17 · 20:42

A current diary atop the rec list asking:

Have we finally got a White House that "gets it"? Woo Whoooo!!

Folks, the filibuster wasn't meant as something to be brought in and out as the time requires. It is and remains a unique standard for cutting off debate, and temporary expediency is the WRONG reason to get rid of it.

falsehood

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Sunday March 15, 2009 · 9:54 AM PDT

2009/03/15 · 09:54

When Jon Stewart talked about the "two markets" in his interview with Jim Cramer, he wasn't completely correct. There are two markets, but they aren't exactly the ones Stewart described (though very close).

Long term, there's only one way a stock is going to go up, and that's if the corporation you buy stock in makes money, thus raising the company's value, and thus the value of your stock. There's simply no way around it - unless a company isn't earning a profit (including employee expenses and dividends), it's going to be more valuable.

Short term is a different story. Wall Street traders make their money via the crazy variances in how Wall Street evaluates a company's worth, and CNBC helps to inform those decisions. Think about it. When GM's stock price drops 1% in a given day, it's not because 1% of GM's total value was stolen. It's because Wall Street's opinion of GM's value has changed. Follow the jump for the implications of this.

falsehood

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Sunday March 01, 2009 · 1:31 PM PST

2009/03/01 · 13:31

If you haven't heard already, there are reports that information on the VH-3D or the VH-60N helicopters operated by Marine Helicopter Squadron One have been found on the internet. The reason for the fuss is that these helicopters are more usually knows as Marine One when carrying the President of the United States, just as the Boeing VC-25 aircraft is known better as Air Force One.

According the CEO of Tiversa, a company that specializes in Person-to-Person filesharing networks, "a file containing entire blueprints and avionics package for Marine One" was found at an IP address located in Tehran. How did the file get out?

RSS

The Budget and the Deficit.

The Court, Speech, and Playing Politics

We Killed People, and We Should Say So

On Being a "Christian"

A Prideful Disconnect

Give me a friggin' break (no filibuster?)

Market Up? Not Obama. Market down? STILL not Obama.

Marine One's information stolen - is yours at risk?