Category Archives: debt default

Reported ‘deal’ reads a whole lot like Democratic capitulation

Posted on July 31, 2011 by jerrylanson

News sources are reporting a ‘deal’ between debt-default negotiators that, if passed, reads to me like a massive capitulation by the Democratic Party to the Tea Party ransom demand. That Americans want something to happen is clear from the volume … Continue reading →

Posted in debt ceiling, debt default, deficit, Uncategorized | Tagged , , , , | 1 Comment

Why traditional news reports are fast becoming irrelevant

Posted on July 30, 2011 by jerrylanson

By recounting vanilla “facts” in a contextual vacuum, American news reports too often distort political debate and mislead the public. It is a point columnist Paul Krugman made eloquently Friday in a column titled “The Centrist Cop-Out.” “The cult of … Continue reading →

Posted in debt ceiling, debt default, deficit, fair and balanced, new york times, news media, newspapers, Uncategorized | Tagged , , , | 5 Comments

Cowards, zealots and the poor excuse we call government

Posted on July 28, 2011 by jerrylanson

“Democrats in retreat,” reads a headline today at politicalwire.com, the lively web site of Taegan Goddard, author of the book, “You Won — Now What?” He then goes on to recount a series of retreats by Democrats in the debt-ceiling … Continue reading →

Posted in debt ceiling, debt default, deficit, Obama, Tea Party, Uncategorized, wealthiest americans | Tagged , , , , | Leave a comment

As political parties jockey over Medicare cuts, rich kids make most of boom in private jet flights to summer camp

Posted on July 25, 2011 by jerrylanson

The juxtaposition of two articles in today’s New York Times speaks volumes about the emerging oligarchy that is 21st Century America. In one, an opinion piece, columnist Paul Krugman decries the debt-ceiling deal offered by President Obama and so far … Continue reading →

Posted in Banana Republic, debt default, Medicare, Obama, Uncategorized | Tagged , , | Leave a comment