There is Hope for Arizona

Friday, February 17, 2012

All Options From Here are Bad

"All the options from here are bad, I am afraid" is how MEP Daniel Hannan describes the way forward in Europe in this FOX News interview. In one of the clearest and least status-quo-hugging explanations of what has occurred (gentile and bloodless coups in Italy and Greece), the 'cruel and irresponsible behavior' of European leaders stuns him and all in the name of the 'wretched single-currency'.

When asked why they (the EU leaders) just don't get it (channeling Upton Sinclair's now infamous quote), Hannan replies "It is remarkably difficult to make a man understand something when his salary depends upon his not understanding it" as he makes it clear that the vested interests in keeping the Euro going (well paid and powerful government jobs for example) means they are prepared to inflict this shocking poverty on the Mediterranean countries.

Summing it up nicely: until they leave the Euro, the Greeks have got no light at the end of the tunnel, making the point that Greece's least painful option is to Default, Decouple, and Devalue.

Monday, December 19, 2011

The Federal Government Budget Explained Clearly

Our Federal Government budget explained in simple English:

United States Tax Revenue: $2,170,000,000,000

Fed Budget: $3,820,000,000,000

New Debt: $1,650,000,000,000

National Debt: $14,271,000,000,000

Recent Budget Cut: $38,500,000,000

Now, remove eight zeros and pretend it's a household budget:

Annual Family Income: $21,700

Money The Family Spent: $38,200

New Debt on the Credit Card: $16,500

Outstanding Balance on Credit Card: $142,710

Total budget cuts which some politicians are proud of: $385

Wednesday, June 29, 2011

The Tyranny of the Common Good

Let me get this straight . . . ...

We're going to be "gifted" with a health care plan we are forced to purchase and fined if we don't, which purportedly covers at least ten million more people without adding a single new doctor, but provides for 16,000 new IRS agents, written by a committee whose chairman says he doesn't understand it; passed by a Congress that didn't read it but exempted themselves from it, and signed by a President who smokes, with funding administered by a treasury chief who didn't pay his taxes, for which we'll be taxed for four years before any benefits take effect, by a government which has already bankrupted Social Security and Medicare, all to be overseen by a surgeon general who is obese, and financed by a country that's broke!!!!!

What the hell could possibly go wrong?

-- Author Unknown (as of now)