Posted on 02 December 2010. Tags: Alan Simpson, Catfood Commission, Debt, Deficit Commission, Deficits, Erskine Bowles, Financial Crisis, Hysteria, Nonsense, Peter Peterson, Social Security, Tax Cuts
In the last two days, I’ve written about the phony deficit/debt "crisis" here and here, using excerpts from my new e-book, "It’s Not Raining, We’re Getting Peed On: The Scam of the Deficit Crisis". Today, as the Catfood Commission unveiled its final report, I’ll continue by looking at some of the people behind pushing […]
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Posted in General Interest
Posted on 01 December 2010. Tags: Alan Simpson, Catfood Commission, Debt, Deficit Commission, Deficits, Erskine Bowles, Financial Crisis, Hysteria, Nonsense, public employees, Social Security, Tax Cuts
Yesterday, I kicked off a series of posts about the phony deficit/debt "crisis" with an excerpt from the introduction to my new book, "It’s Not Raining, We’re Getting Peed On: The Scam of the Deficit Crisis". Today, I’ll continue with a part from the first chapter called, "Stupid Statements". In honor of the mind-boggling […]
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Posted in General Interest
Posted on 30 November 2010. Tags: Alan Simpson, Catfood Commission, Debt, Deficit Commission, Deficits, Erskine Bowles, Hysteria, Nonsense, Social Security, Tax Cuts
The government’s deficit and debt are not a big crisis. It’s not even a little crisis. It’s not a crisis at all. What is most disturbing is how many liberals/progressives have thrown in the towel and are basically taking the line "there is a crisis but we have a better way of dealing with it". […]
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Posted in General Interest
Posted on 27 November 2010. Tags: Alan Simpson, Assets, Debt, Deficit Commission, Deficits, Erskine Bowles, Financial Times, Hysteria, Martin Wolf, Nonsense, Tax Cuts
This coming week, the drumbeat will get louder with the rhetoric about the phony government debt/deficit "crisis". I’ll be writing more about this in conjunction with my new book, "It’s Not Raining, We’re Getting Peed On: The Scam of the Deficit Crisis". Today, I thought I’d focus on this specific point: debt is not a […]
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Posted in General Interest
Posted on 19 November 2010. Tags: Alan Simpson, Debt, Deficit Commission, Deficits, Erskine Bowles, Hysteria, Nonsense, Social Security, Tax Cuts
Frankly, this is good news: WASHINGTON—The bipartisan commission examining how to cut the federal debt ended three days of closed-door meetings Thursday without a firm agreement among its 18 members, with several saying the panel was still at odds over how to contain the ballooning costs of health care. The Commission should just […]
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Posted in General Interest