Tag: Politics

Jul 04 2010

“A Paddle for Your Boat”

Shit Creek Paddle Store

The Commission for Fiscal Responsibility and Reform, better known as the “Cat Food Commission” has targeted Social Security and Medicare for some serious reductions that will put many senior citizens and future senior citizens in jeopardy of being relegated to homeless shelters or the streets. Sound harsh, over the top? Well listen to the co-chair former Sen. Alan Simpson, who was hand picked by President Barack Obama, in the video below the fold. And how about Speaker of the House, Nancy Pelosi who purposely put a “requirement that the House will vote on the deficit commission’s recommendations in the lame duck session if they pass the Senate“?

Jul 04 2010

Punting the Pundits: Up Dated with Videos

The Sunday morning taking heads are a sure way to start you day off aggravated. About the only one i am really interested in watching this afternoon when it gets in to the high 90’s here in NYC with humidity to match, is Fareed Zakaria GPS. His guest today are Niall Ferguson & Paul Krugman, economists with opposing views.

Harvard economist, Nail Ferguson:

(The) leaders of most of the world’s major economies. They are doing what Harvard historian Niall Ferguson espouses: fighting to get their debt under control and cutting spending before their countries become the next Greece.

NYT’s and Nobel economist, Paul Krugman:

(A) handful of nations who are staying the course and spending. Nobel Prize winning economist Paul Krugman says he fears we might already be in the 3rd depression — because governments haven’t been spending enough.

As dry as economics can be, these men make it not just understandable but “entertaining”.

Fareed will also be discussing this stunning statistic: the billion dollar price tag for each Al-Qaeda member.

h/t Elliot @ FDL

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