debt
Newt Gingrich was just on the teevee talking about the moon, jobs, Kaiser Wilhelm, Mitt Romney, Barack Obama, cocaine and methamphetamine, amnesia, his grandchildren, Ellis the Elephant, dropping out of the Republican presidential nominating contest, and everything else he has ever thought about for half-a-second since 1968. He has had a marvelous run. What now? [...]
Rep. Virginia Foxx is a remarkable idiot from North Carolina whom our national political system has rewarded with vast power. As head of the House Education and Workforce subcommittee, she’s the House’s point-person on various important higher education issues of the day: exploding student debt loads, oversight of for-profit colleges, the funding of Pell Grants, [...]
The “new thing” in America is being desperately poor, until an audience of Tea Party sociopaths maniacally cheers your death outside the razor-wire fence of the hospital. But some of these uppity poors are so desperate that they’ve politely begged the rich monsters of Congress to forgive their many debts. HR 365 was introduced today, [...]
The U.S. Postal Service is now going to close “more than 1 in 10″ of its post office locations around the country, as part of the National Shutting Down orchestrated by Washington Republicans and their extremist-libertarian corporate overlords. One such post office up for closure is in Old Philadelphia, inside a historic home that belonged [...]
“If the president doesn’t get serious about the need to address our fiscal nightmare, yeah, there’s a chance it [the debt limit vote] could not happen,” Boehner told POLITICO after he toured a manufacturing company in this western Ohio town. “But that’s not my goal.” Apparently going around making speeches and proposing solutions to the [...]
What has Congress been up to these days? We didn’t fire them, right? Yes, it would appear they still have jobs, and that job is continually “avoiding shutdown” because voters dividing power between the two very polarized parties these days is akin to snapping the government’s neck and putting it on life support. Sure, the [...]
The Republican National Committee has quietly disclosed more than $4 million in previously unreported debt in amended filings with the Federal Election Commission, meaning yet another headache for embattled party chairman Michael Steele. JEEZ. THEY DID THEIR DUTY BY HAVING A BLACK GUY. NOW LET THEM HAVE SOME MONEY, PLEASE. [ABC News]
Despite the complete recovery of the American Economy — what, did you miss it? — a record 14% of households with mortgages are currently delinquent. That’s more than 7 million households. Another survey says 10% of all mortgages are in default, the highest percentage on record. Don’t worry, it gets worse.
Congressional puppy lover John Boehner says the U.S. is becoming just like Greece — not because of all the recently abandoned big-box stores and malls lying along the nation’s highways, or the prevalence of feta cheese at America’s all-you-can-eat food-trough restaurants, but because of debt. It’s becoming bigger than the Olympics and Poseidon and other [...]
The Dow Jones plunged 8.8% at some point this afternoon, and was then down about 7%, and now it’s “only” down about 3.2% — that’s for the day, and not including the losses earlier this week — and it’s all because of Greece and the live video on the teevee of the Greek Darth Vader [...]
Remember when the Europeans all gave up their funny money for the sober euro, and they were One Continent, United, Forever, no more wars, hooray? Well, uh, it turns out that maybe that isn’t working out so well? Nobody wants to lend Greece any money, which in turn makes it hard for it to borrow [...]
Let’s all play this game in which we try to guess Goldman Sachs CEO Lloyd Blankfein’s bonus. Won’t be depressing at all. [New York Times] Toyota recalled many Priuses (Prii?) because of brake problems. Although, if a car crashes and ceases to exist, can you even imagine how that will like erase its carbon footprint? [...]
John McCain cares so much about America that he wants it to default on its debt immediately. He doesn’t tell us this in today’s Cuntry First e-mail, but it’s implied, because in economics if you are unable to pay your short-term debt, then you default on your short-term debt. Which would also be the Democrats’ [...]
