Showing posts with label National Debt. Show all posts
Showing posts with label National Debt. Show all posts

Friday, November 21, 2025

Linky Links

Stuff I found interesting or amusing and thought I'd share.

- VDH: The Embarrassments of Ideology. He's not wrong.

- Could one or both of the Clinton's be going to jail?

- The world's over $111 trillion in government debt in one chart. The US has over a third of the worldwide debt.

- When Trump built an ice rink. An excellent metaphor for where were are in today's national political climate.

Monday, November 03, 2025

Linky Links

Stuff I found interesting or amusing and thought I'd share.

- A Federal Judge Just Opened the Strangest Door. Trump could say he was just following a court order.

- Anti-Semitism  makes you stupid. Conversely you have to be stupid to be an antisemite. (HT Execupundit).

- The Austerity Threshold. A nation can't go broke if they have no national debt and a balanced budget.

- Why smart people believe stupid things.

Tuesday, March 25, 2025

Linky Links

Stuff I found interesting or amusing and thought I'd share.

- It does make common sense. I too would be interested in hearing any rational argument why it doesn't

- Paper squares and prison bars. The difference between a "good" kid and a "bad" kid is that the good kid often never got caught.

- Is RFK Jr. going to ban Big Pharma ads on TV?

- VDH: California and its collapsing blue-state Democrat model.

Saturday, April 29, 2023

Credit Card Debt about to Pass $1 Trillion

Between the National Debt and the personal debt this country is carrying - I'm worried about our economic future. (Via) 

Friday, April 21, 2023

Linky Links

Stuff I found interesting or amusing and thought I'd share.

- It's as if something has changed. Or we've lost our way.

- NYC will target food choices in its battle against climate change. The city can't handle trash pickup or keep the subways from being disgusting but they have time for this nonsense. More evidence that the climate change folks are unserious.

- Visualizing the $31.4 trillion US national debt. Staggering.

- How to Be an Essentialist. Good life advice.

Tuesday, April 04, 2023

Quotes for Today

Some quotes I hope may resonate with you.

"I, however, place economy among the first and most important republican virtues, and public debt as the greatest of the dangers to be feared." - Thomas Jefferson

"Be stubborn on destinations, flexible on tactics, and relentless on progress." - Shane Parrish

"Associate with people who are likely to improve you. Welcome those who you are capable of improving. The process is a mutual one: men learn as they teach." - Seneca

"The problem with people is that they're only human." - Bill Waterson

Wednesday, August 24, 2022

Comparing U.S. Federal Spending with Revenue

The US Federal Government has a $2,775 BILLION deficit between the revenue taken in 2021 and the amount the government spent plus the amount the government spent includes $352 BILLION in net interest for money borrowed from previous years.

If that represented a household budget - the house would be in foreclosure, the credit cards would be maxed out, and the couple would have divorced over money issues.

Keep in mind that if interest rates climb - servicing that national debt will have to pay more, and more in net interest - which can only be accommodated by decreased spending or increased debt. This is unsustainable.

Sunday, April 10, 2022

Quotes for Today

Some quotes I hope may resonate with you.

"Intentions don't matter. Actions do. That's why being ethical is hard." - Naval Ravikant

"I, however, place economy among the first and most important republican virtues, and public debt as the greatest of the dangers to be feared." - Thomas Jefferson

"Be stubborn on destinations, flexible on tactics, and relentless on progress." - Shane Parrish

"Associate with people who are likely to improve you. Welcome those who you are capable of improving. The process is a mutual one: men learn as they teach." - Seneca

Saturday, February 12, 2022

Elon Musk on the National Debt

It is said that many a truth is said in jest, but here it looks like a truth was spoken Tweeted in response to a jest.

"True national debt, including unfunded entitlements, is at least $60 trillion - roughly three time the size of the entire US economy. Something has to give." - Elon Musk

That Tweet was in response to this article in the Babylon Bee - Joe Biden to Go Double or Nothing on National Debt by Betting $30 Trillion on the Bengals. So was Elon speaking out so people have a better awareness of the horrific true size of the national debt? Or was he telling Biden he needs to bet so much more for a true double or nothing?

Friday, August 20, 2021

Flotsam and Jetsam

Miscellaneous thoughts and observations.

A spot-on nickname for either Joe Biden or Kamala Harris at this point would be "the Albatross" because both have become like albatrosses around the neck of the Democratic Party. Biden for his legacy of incompetence (after just 8 f*cking months!) and Harris for her pure unlikability... Matt Taibbi: We Failed Afghanistan - Not the Other Way Around. The cynic in me can't help but think that at least the silver lining is the billions that were being spent on waste, fraud and corruption in Afghanistan can now be used to pay the rising interest on the national debt due to the inflation caused by Biden's failing economic polices... "Soiree" is not a word you hear much, if at all, anymore. What happened? Did people stop having soirees?... I had forgotten how dark a writer James Ellroy was. An excellent writer but dark, very dark... Meanwhile in Sweden... And speaking of writers - The Lexophile would be a good name for a blog about books...  Still say the Spanish National Anthem has the best official lyrics... 

Wednesday, August 11, 2021

Flotsam and Jetsam

Miscellaneous thoughts and observations.

Just a reminder that a good percentage of your tax dollars go to pay the interest on the National Debt every year. Our National Debt is going through the roof because of all the wasteful spending out of Washington and this will couple with the inflation that is being caused by the mismanagement of the economy by these self-same folks. The amount we US citizens will have to pay on the interest on the national debt is about to skyrocket and this story is seemingly not getting any attention in the media... Noah Smith - Does America really lose all it's wars?  He pegs our post WWII "record" at 15-2-3 and I don't agree with all his assumptions or conclusions (Iraq was never about oil). What fascinated me was I didn't recognize a number of the wars he listed (and I consider myself a pretty historically literate fellow). Operation Beleaguer (1945-49)? Operation Observant Compass (2011-17)? Are some of these really wars?... If I were to start a new religion I'd call it Bill Belichick's Cult of Personality. I think that would be amusing. Wonder if I could get tax-exempt status?... Psychedelic Apples would be a good name for a Grateful Dead or Phish cover band... There is absolutely no Fortune 500 company that would hire either Joe Biden or Nancy Pelosi as CEO yet here they both are running the entire economy. How does that make you feel?...  

Thursday, February 25, 2021

Large Numbers

Here's one way to think about large numbers:

One thousand seconds equals 16 minutes and 40 seconds

One million seconds equals 11 days, 13 hours, 46 minutes and 40 seconds

One billion seconds equals 11,574 days, 1 hour, 46 minutes and 40 second

One trillion seconds equals 31,709 YEARS, 9 months, two weeks, 1 day, 2 hours, 46 minutes and 39 seconds.

The US national debt is $29 trillion. In seconds that would equal almost ONE MILLION YEARS!

Monday, January 18, 2021

Flotsam and Jetsam

Miscellaneous thoughts and observations.

How great would it be if you took all the great "Hail Mary" passes in football history (Stabauch, Flutie, etc.) and set them to the music of Ave Maria?... In January of 1835 the U.S. national debt was reduced to $0 for the first and only time in history (file this under things that will never happen again)... Interesting look at what went wrong with Carson Wentz and the Philadelphia Eagles. Was amused by this line in the article, "When you believe you've found the Great White of team sports - an elite quarterback - you hold on for dear life and you feed the beast." Even the moderately literate get that "Great White" is a Moby Dick reference but I chuckle knowing many out there will wrongly read it as some sort of MAGA dog-whistle or even sillier as some kind of reference to the movie JAWS... Has anyone asked Joe Biden if he plans to move the US Embassy out of Jerusalem? I know Biden has only been asked softballs but I'd be really curious to hear his response to this question... Need a ruling on this - the way Amazon, Apple, and Google trampled Parler would that have been considered a violation of Net Neutrality if Net Neutrality was the law of the land? If not - what's the good of Net Neutrality?... 

Monday, December 14, 2020

Linky Links

 Stuff I found interesting or amusing and thought I'd share.

- A doctor on 9 things that could go wrong with the new vaccines. My worry is that #3 and #9 somehow get combined.

- After the pandemic, a pile of IOU's. The pandemic has caused $12 TRILLION in new debt worldwide.

- Cool - Cell signaling technologies. This could easily be hosted at an art gallery.

- John le Carre has passed aged 89. The Russia House is an under-rated book of his and his The Tailor of Panama his most fun. 

The American Medical Association rescinds previous statement against prescription of hydroxychloroquine.  Did the science change or the political situation?

- "This is obviously not good" is the understatement of the decade

Friday, December 15, 2017

Net Neutrality

I can see both sides of the Net Neutrality "argument'. Honestly I'm pretty ambivalent. Yes I want the freedom to do what I want without ISP's favoring one website over another but treating the Internet like a utility or a Bell operating company with the regulations and commiserate paperwork will just serve to strangle new small providers. 

Here's what I propose - I will support whatever side that says their solution will require a $1 charge to leave a comment on YouTube videos or review items on Amazon. All of those funds would go directly to paying down the national debt.

So let it be written - so let it be done.