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07 February 2006
Tue, 07 Feb 2006 10:28:00 GMT Let's talk about debt.via Kjell Olsen2192 days agoFiscal year 07: defense spending +7% (It’s already eating 55% of your tax dollars). National debt: +45% since monsieur bush weaseled his way into washington. My faith in our gov’t? minus way to fucking much.
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04 January 2006
Wed, 04 Jan 2006 10:42:33 GMT US government warns it's running out of cashvia Kjell Olsen2226 days agoAt that time, unless the debt limit is raised or the Treasury Department takes authorized extraordinary actions, we will be unable to continue to finance government operations. John Snow, US Treasury Secretary
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18 November 2005
Fri, 18 Nov 2005 12:13:00 GMT House passes sweeping budget-cut billvia Kjell Olsen2273 days agoThe broader budget bill would slice almost $50 billion from the deficit by the end of the decade by curbing rapidly growing benefit programs such as Medicaid, food stamps and student loan subsidies. Republicans said reining in such programs whose costs spiral upward each year automatically is the first step to restoring fiscal discipline.
If I ever get into dollar problems, the first thing I’ll stop buying is food. And health care. Then learning. Goodbye america, you once were a great place.
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07 October 2005
Fri, 07 Oct 2005 19:42:00 GMT Bush's Class-War BudgetKjell Olsen2314 days agoIt may sound shrill to describe President Bush as someone who takes food from the mouths of babes and gives the proceeds to his millionaire friends. Yet his latest budget proposal is top-down class warfare in action. And it offers the Democrats an opportunity, if they’re willing to take it.
Here’s a comparison: the Bush budget proposal would cut domestic discretionary spending, adjusted for inflation, by 16 percent over the next five years. That would mean savage cuts in education, health care, veterans’ benefits and environmental protection. Yet these cuts would save only about $66 billion per year, about one-sixth of the budget deficit.
On the other side, a rollback of Mr. Bush’s cuts in tax rates for high-income brackets, on capital gains and on dividend income would yield more than $120 billion per year in extra revenue—eliminating almost a third of the budget deficit—yet have hardly any effect on middle-income families. (Estimates from the Tax Policy Center of the Urban Institute and the Brookings Institution show that such a rollback would cost families with incomes between $25,000 and $80,000 an average of $156.)
Why, then, shouldn’t a rollback of high-end tax cuts be on the table?Because bush is just a stupid fuck?
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29 September 2005
Thu, 29 Sep 2005 20:49:45 GMT BudgetwiseKjell Olsen2322 days agoMore rails hotness, this time a personal finances app from Jamis Buck. I like it.
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18 March 2005
Fri, 18 Mar 2005 15:47:41 GMT U.S. National Debt Clockvia Kjell Olsen2518 days agoThis just about choked me: the only word that comes to mind in expressing this sort of thing is, well, fuck!
The estimated population of the United States is 295,692,676
so each citizen’s share of this debt is $26,300.01.
The National Debt has continued to increase an average of
$2.35 billion per day since September 30, 2004!
Concerned? Then tell Congress and the White House! -
03 October 2004
Sun, 03 Oct 2004 09:48:00 GMTVagabonding
Author Rolf Potts lays out his methods and ideas and how he manages to travel the world whenever he wants. Vagabonding is a very interesting book with lots of good resources for the beginning “vagabonder.”
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Also somewhat recently
