How that little munchkin ended up with that trophy babe wife simply proves that there is such a thing as alien mind control after all.

coldwarrior on August 3, 2008 at 1:31 PM

Disagree with the premise that she’s a trophy babe. Jeri Ryan was a trophy babe (until she filled out divorce declarations). Mrs. Thompson is a trophy babe (although she’s technically disqualified because her brain functions).

My current wife is a trophy babe, and she’s fifty years old. Kucinich would drool if he saw her.

The futures market makes a significant difference. Look at what happened with President Bush merely lifted the redundant Presidential drilling ban. Prices immediately dropped. Did supply change? If not and your theories are correct, then why did the price move at all?

I believe this is one of your rare errors, Ed.

{^_^}

Don’t like muni bond ratings? Stop borrowing!

I suppose you’ll soon be saying that governmental bodies deeply in debt should spend less. I think this kind of attitude explains why all these HA people aren’t allowed to post on MSM sites.

Did anyone else notice that one of the panel on the ABC talking heads show this morning referred to the MSM as, “the intelligensia?” Coffee came out of my nose.

One side want’s no taxes and the other wants no spending cuts.

No wonder we can’t get anything solved. Arnold is going to take money away from the cities, so now THEIR budgets can’t be balanced.

They need to do better and partying ain’t the way to get it done

The guys who brought us a record federal budget deficit and our children trillions of dollars of debt really shouldn’t say anything about fiscal responsibility.

Really.

Dennis Kucinich was forced to default by an unscrupulous group of energy companies that were trying to bilk the citizens of Cleveland…hmmm, sounds familiar.

alphie on August 3, 2008 at 1:07 PM

What flavor is that Kool-Aid?

Everyone who is not a blood relative to you, everywhere, at every point in time is or should be assumed to be unscrupulous until proven otherwise after long experience. Appearances to the contrary are just that, appearances. If Kucinich was too stupid to understand that going in to his tenure as Mayor, that’s his fault, not the energy companies’ faults, even assuming your account of the episode is true.

LAT is so ignorant on this topic, they get the name of one of the bond agencies wrong. It’s Fitch, not Fisk.

progressive social policies driving capital out as well

Ed, is it finally time to stop calling these policies progressive? The only progress they support is racing to the destruction of civilization, and that “progress” is not worth having. Destructive is a better description, but the unenlightened won’t understand it. Irresponsible and nanny-state may be better.

and now their children are paying for it…

Dennis has simply got to be an alien…his obsession with UFO’s and all. How that little munchkin ended up with that trophy babe wife simply proves that there is such a thing as alien mind control after all.

“But in the 1980s, the federal government began scaling back its aid to cities and counties for housing, transportation and education, and local governments tried to make up the difference by increased borrowing.”

Can anyone here generally confirm that assertion? IIRC, rather than scaling back, the Feds started evolving towards block grants to states for them to do as they see fit. Now it may have included a scaling back, or the granting may have appeared outside the previously normal appropriations line item process, such that the funding only appeared to be being scaled back.

It seems to me the scaling back was more of a not giving in to increases that were constantly spiraling upward from the insatiable appetite of state and local hogs feeding at the trough.

That’s why investors insist on bond insurance — because the borrower (the states and cities) engage in reckless fiscal behavior.

Why should they be different than the Federal government?

Both sillinesses intend to cover the real solution…

Sillinesses? Sillinesses? That can’t be a real word!

Cindy Munford on August 3, 2008 at 12:17 PM

Ben did have the best quote on this whole subprime scam, where crooked scumbags with not a dime to their name were able to borrow half-a-million dollar loans, put down nothing and now have the idiot whining and crying Dimocrats bale them out with honest peoples’ tax dollars:
“When fools make feasts, wise men eat them.”

The problem with munipalities selling bonds is that they view it as “free money.” And they spend it like free money.
coldwarrior on August 3, 2008 at 12:12 PM.

That is because they do not have to earn the money.

William Amos on August 3, 2008 at 12:16 PM

And Polonius also told Hamlet in ths same speech, “to thine own self be true, and it shall follow as the night the day, thou canst then be false to any man.”, a bit of wisdom, which, if the ratty-assed RINOs who sold out our party would have heeded, we still would have been in the majority and our nation wouldn’t be currently in such peril.

And they wonder why no one reads their fish wrap??!! Oh, I remember: Believe it or not, the Times’ editor just announced the reason the Times was losing circulation was because the paper was too big! He decided to eliminate the book review, housing, and stock market sections of the paper. No word on editorializing the “news” sections or their extreme bias in their selection of what to print.

Totally not possible.

You are indeed correct. [I believe you are more eruditer than I are.] :-)

New York City barely avoided declaring bankruptcy in 1975.

When you start seeing editorials like this, it’s time to start dumping California debt…