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    Economics / austerity, debt ceiling, economic policy, Federal deficit, government spending /

    Debt Bomb From the CBO

    September 17, 2013

    Oh dear. Here we go … again. The Congressional Budget Office just lobbed a debt bomb into the fire that already consumes Washington. The timing, just a couple of weeks before we hit the debt ceiling could not have been more ill-timed. Talk about politically inept. Get ready for breathless headlines using the austerity crowd’s […]

    Economics / bank reform, economic policy, economic theory, fiscal cliff, government spending, Obama, plutocracy, Republicans /

    Parbuckle Policy?

    September 17, 2013

    For those of you buried in your debt debacle, government shutdown, defund Obamacare bunker allow me to offer you an insight into effective activity: the parbuckling of the Costa Concordia. What a success. The operation to re-float the stricken cruise ship went without a hitch. It was the most complex and largest effort of its […]

    Uncategorized / Federal Reserve Board, Obama, Summers /

    Summers Exits.

    September 16, 2013

    Good. Summers was the White House favorite. Obama held him in high regard because of the supposedly good job he did in the dark days of 2009. Along with Tim Geithner – who Obama also sounded out for the Fed – Summers was the primary architect of the Obama administration’s economic policy at the height […]

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