Monthly Archives: July 2011

Time traveler Obama went to 1919 and started all this.

Ka-ching!

The ignominious journey of the US debt ceiling from 1919 to present. Seven requests in Bush II’s term (8 years). Four requests from Clinton (8 years). Four in Bush I (4 years). Seventeen in Reagan’s term (8 years).  FDR only asked 8 times in 11 years – through the Depression and World War II.

Damn that Obama. Trying to pay their bills.

If I’ve read this correctly, we didn’t raise the debt ceiling at all between 1919 (for WWI)and 1939.

  • February 2010 – $14.294 trillion
  • December 2009 – $12.394 trillion
  • February 2009 – $12.104 trillion
  • October 2008 – $11.315 trillion
  • July 2008 – $10.615 trillion
  • September 2007 – $9.815 trillion
  • March 2006 – $8.965 trillion
  • November 2004 – $8.184
  • May 2003 – $7.384 trillion
  • June 2002 – $6.4 trillion
  • August 1997 – $5.95 trillion
  • March 1996 – $5.5 trillion
  • August 1993 – $4.9 trillion
  • April 1993 – $4.37 trillion
  • November 1990 – $4.145 trillion
  • October 1990 – $3.23 trillion
  • November 1989 – $3.1227 trillion
  • August 1989 – $2.87 trillion
  • September 1987 – $2.8 trillion
  • August 1987 – $2.352 trillion
  • July 1987 – $2.32 trillion
  • October 1986 – $2.3 trillion
  • August 1986 – $2.111 trillion
  • December 1985 – $2.0787 trillion
  • November 1985 – $1.9038 trillion
  • October 1984 – $1.8238 trillion
  • July 1984 – $1.573 trillion
  • May 1984 – $1.52 trillion
  • November 1983 – $1.49 trillion
  • May 1983 – $1.389 trillion
  • September 1982 – $1.2902
  • June 1982 – $1.1431 trillion
  • September 1981 – 1.0798 trillion
  • September 1981 – $999.8 billion
  • February 1981 – $985 billion
  • December 1980 – $935.1 billion
  • June 1980 – $925 billion
  • September 1979 – $879 billion
  • April 1979 – $830 billion
  • August 1978 – $798 billion
  • October 1977 – $752 billion
  • June 1976 – $700 billion
  • March 1976 – $627 billion
  • November 1975 – $595 billion
  • February 1975 – $577 billion
  • June 1974- $495 billion
  • December 1973 – $475.7 billion
  • October 1972 – $465 billion
  • March 1972 – $450 billion
  • March 1971 – $430 billion
  • June 1970 – $395 billion
  • April 1969 – $377 billion
  • June 1967 – $358 billion
  • March 1967 – $336 billion
  • June 1966 – $330 billion
  • June 1965 – $328 billion
  • June 1964 – $324 billion
  • November 1963 – $315 billion
  • May 1963 – $309 billion
  • July 1962 – $308 billion
  • March 1962 – $300 billion
  • June 1961 – $298 billion
  • June 1960 – $293 billion
  • June 1959 – $295 billion
  • September 1958 – $288 billion
  • February 1958 – $280 billion
  • July 1956 – $278 billion
  • August 1954 – $281 billion
  • June 1946 – $275 billion
  • April 1945 – $300 billion
  • June 1944 – $260 billion
  • April 1943 – $210 billion
  • March 1942 – $125 billion
  • February 1941 – $65 billion
  • June 1940 – $49 billion
  • December 1939 – $45 billion
  • December 1919 – $43 billion

Hit us again harder. Please.

  • Irresponsible tax cuts.
  • Toothless regulation.
  • Interlocking directorates.
  • Boards hand picked by CEO’s.
  • Quarterly earnings now the fickle measure of a stock’s worth.
  • Perverse incentive systems.
  • A business media of enthralled groupies slavishly following and thrilling to rock star plutocrats.
  • The collapse of the  concepts of the common good and civics.
  • Devotion to profits above all.
  • The demonizing of any talk of fairness or social justice.
  • Purposefully ignoring our collapsing infrastructure while we prop up the economies of China and Brazil and their enormous investments in their own infrastructure (transportation, ports, broadband) that will ultimately make us even more uncompetitive than we are now. (After all, there’s no profit in proppingup a joint where workers demand a living wage.)
  • Our government’s committment to protect the ‘job creators’ who, during a decade of historically low tax rates have managed to lose more American jobs than at any time since the Depression.

And our entirely broken government, now wholly owned by those who created it all. Bill Mahar explains some of it:

How we see Obama – steady as she goes

This is the last 12 months approval/disapprove ratings from Pollster.com, which is an aggregator of the other polls. Don’t think I’ve ever seen such a steady level. It’s really quite remarkable.

I do not heart Maureen Dowd

But every once in a while she turns an especially good phrase. In a column this week, she describes our overlords and the city on a hill as:

. . . .a shrieking, destructive, primal, feudal, apocalyptic, wasteland of partisan banshees . . .

I would add ‘tribal’. And maybe ‘wholly owned’.

I am the go-to place for Scalia. I guess.

Delicious!

For well over a year, the top search term that brings people here is ‘scalia’. I don’t know whether that’s a function of how frequently people enter his name into search engines or if there was something particularly delicious about my one and only (I think) post about the good Justice. If that is the case, I wish I could find the damn thing and figure out what was so enticing about it!

We are mock worthy. Indeed we are.

From Medical Transcription, via Andrew Sullivan. The best part:

The U.S. spends roughly $400 billion on paperwork and other administrative costs per year. This is enough to completely fund health care reform in 2011.

Read on if you dare . . .

Continue reading

If you missed the Sunday shows or give a damn . . .

The July 24 Bobblespeak Translations are up! Enjoy.

David Gregory and Bill Daley are serious