Washington Post: Running in the Red

From the Washington Post:

The nation’s unnerving descent into debt began a decade ago with a choice, not a crisis.

In January 2001, with the budget balanced and clear sailing ahead, the Congressional Budget Office forecast ever-larger annual surpluses indefinitely. The outlook was so rosy, the CBO said, that Washington would have enough money by the end of the decade to pay off everything it owed.

Voices of caution were swept aside in the rush to take advantage of the apparent bounty. Political leaders chose to cut taxes, jack up spending and, for the first time in U.S. history, wage two wars solely with borrowed funds. “In the end, the floodgates opened,” said former senator Pete Domenici (R-N.M.), who chaired the Senate Budget Committee when the first tax-cut bill hit Capitol Hill in early 2001.

Now, instead of tending a nest egg of more than $2 trillion, the federal government expects to owe more than $10 trillion to outside investors by the end of this year. The national debt is larger, as a percentage of the economy, than at any time in U.S. history except for the period shortly after World War II.

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The Minutemen: Immigration & Human Rights Cinema

Announcement:

The season’s final presentation of the Immigration & Human Rights Cinema is scheduled for 2:30 Sunday May 8 in the Verizon Auditorium of George Mason University’s Prince William Campus.    The documentary, “The Minutemen” by Corey Wascinski,  provides startling insights into the motivations and interactions of four Minutemen on the Arizona border. 

As always, the screening is free and open to the public.  Parking is available in the Occoquan Lot across from the Verizon Auditorium.

Jon Stewart Celebrates the Death of Big Deady

aka bye bye Beardie, to Kill a MockingTURD, Underwater Boss, Paybackistan.

 

The Daily Show With Jon Stewart Mon – Thurs 11p / 10c
Big Deady
www.thedailyshow.com
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New Yorkers couldn’t be more satisfied. 

To Kill a Mockingturd

Jon expresses that he should be sorry over the killing of another human being, but he isn’t.  He just wants details. He is way too close to this episode to be rational.  He is pleased his eyes are shot out.

 

The Daily Show With Jon Stewart Mon – Thurs 11p / 10c
To Kill a Mockingturd
www.thedailyshow.com
Daily Show Full Episodes Political Humor & Satire Blog The Daily Show on Facebook

 Check out Florida.  We’re back, baby!