I’m so tired of Teh Stupid!
The question asked by nations around the world in 2016 was “Why is US politics so stupid?” because America’s idiotic Electoral College system allowed Trump to become president even though…
debt ceiling
China Warns Washington to Act on Debt Ceiling
When you have a serious debt problem and your biggest creditor gives you a slap upside the head maybe it’s a good time to rethink what’s not going right at…
Debt ceiling negotiations: folding the bad bluffs
The White House has now declared that it is ruling out the two possible executive branch work arounds that would have potentially allowed them to bypass the congressional GOP’s attempt…
More Capitalism vs Democracy
I was reading this article in Foreign Policy - a "debate" between two highly respected international economists, Nouriel Roubini and Ian Bremmer when I came acros the two quotes below.…
S&P on downgrade: “…the majority of Republicans in Congress continue to resist any measure that would raise revenues, a position we believe Congress reinforced by passing the act.”
Just in case you didn’t get that the first time around. This is a point the Democrats (and progressive media/bloggers need to hammer) for the next few weeks. But they…
Market Craps on Debt Ceiling Deal
Funny that shortly after the U.S. Congress passed the largest – and arguably most catastrophically stupid – deficit reduction package in history, the market promptly reacted by taking a nosedive.…
Happy Civic Holiday… and why Obama did the deal he did.
To all of you in Canada who get this first Monday off, whether it’s called Civic Holiday or whatever, all the best to you. As for politics on this day,…
Maybe it’s just me
…but today’s National Post carries a headline that made me do a doubletake to find out if it was about a real story or just an analogy for the Great…
Imagine…
…a world where Democrats didn’t always fold like cheap card tables at a trailer park bingo hall.
Ross Perot, the Tea Party: Why Are Third Party Politics In the US So Crazy?
As radical as they think that they are, the Tea Party follows a pattern of attempts to create a third party in the US political duopoly - which, let's face…
T(bag)-minus 3 days til Debtmageddon
I knew this day would come, and finally, it’s arrived… but incredibly, it’s much worse than I ever anticipated. I refer to the furious fracas going on south of the…
The Platinum Debt Solution
While in all probability America’s so-called “debt ceiling” will be raised next week – just as it routinely has been for the last 74 times since 1962 – the utterly…
Just Say No To Terrorism
The Republican Party is holding the United States specifically and the world economy in general, hostage. Obama, if he had any stones at all, should never have negotiated with them…