Friday, December 6, 2013
Thursday, October 17, 2013
Thursday, October 10, 2013
|Holy sweet fuck, "That is 'trillion' with a 'T'!"|
March 16, 2006 CONGRESSIONAL RECORD—SENATE S2237-2238:
Mr. OBAMA. Mr. President, I rise today to talk about America’s debt problem.
The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies. Over the past 5 years, our federal debt has increased by $3.5 trillion to $8.6 trillion. That is ‘‘trillion’’ with a ‘‘T.’’ That is money that we have borrowed from the Social Security trust fund, borrowed from China and Japan, borrowed from American taxpayers. And over the next 5 years, between now and 2011, the President’s budget will increase the debt by almost another $3.5 trillion.
Numbers that large are sometimes hard to understand. Some people may wonder why they matter. Here is why: This year, the Federal Government will spend $220 billion on interest. That is more money to pay interest on our national debt than we’ll spend on Medicaid and the State Children’s Health Insurance Program. That is more money to pay interest on our debt this year than we will spend on education, homeland security, transportation, and veterans benefits combined. It is more money in one year than we are likely to spend to rebuild the devastated gulf coast in a way that honors the best of America.
And the cost of our debt is one of the fastest growing expenses in the Federal budget. This rising debt is a hidden domestic enemy, robbing our cities and States of critical investments in infrastructure like bridges, ports, and levees; robbing our families and our children of critical investments in education and health care reform; robbing our seniors of the retirement and health security they have counted on.
Every dollar we pay in interest is a dollar that is not going to investment in America’s priorities. Instead, interest payments are a significant tax on all Americans—a debt tax that Washington doesn’t want to talk about. If Washington were serious about honest tax relief in this country, we would see an effort to reduce our national debt by returning to responsible fiscal policies.
But we are not doing that. Despite repeated efforts by Senators CONRAD and FEINGOLD, the Senate continues to reject a return to the commonsense Pay-go rules that used to apply. Previously, Pay-go rules applied both to increases in mandatory spending and to tax cuts. The Senate had to abide by the commonsense budgeting principle of balancing expenses and revenues. Unfortunately, the principle was abandoned, and now the demands of budget discipline apply only to spending.
As a result, tax breaks have not been paid for by reductions in Federal spending, and thus the only way to pay for them has been to increase our deficit to historically high levels and borrow more and more money. Now we have to pay for those tax breaks plus the cost of borrowing for them. Instead of reducing the deficit, as some people claimed, the fiscal policies of this administration and its allies in Congress will add more than $600 million in debt for each of the next 5 years.
That is why I will once again cosponsor the Pay-go amendment and continue to hope that my colleagues will return to a smart rule that has worked in the past and can work again.
Our debt also matters internationally. My friend, the ranking member of the Senate Budget Committee, likes to remind us that it took 42 Presidents 224 years to run up only $1 trillion of foreign-held debt. This administration did more than that in just 5 years. Now, there is nothing wrong with borrowing from foreign countries. But we must remember that the more we depend on foreign nations to lend us money, the more our economic security is tied to the whims of foreign leaders whose interests might not be aligned with ours.
Increasing America’s debt weakens us domestically and internationally. Leadership means that ‘‘the buck stops here.’’ Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better.
I therefore intend to oppose the effort to increase America’s debt limit.
Oh, and to be fair, here's his absolutely lame-ass repudiation of the above as president (via Snopes):
I think that it's important to understand the vantage point of a senator versus the vantage point of a president. When you're a senator, traditionally what's happened is, this is always a lousy vote. Nobody likes to be tagged as having increased the debt limit — for the United States by a trillion dollars. As president, you start realizing, you know what, we, we can't play around with this stuff. This is the full faith and credit of the United States. And so that was just an example of a new senator making what is a political vote as opposed to doing what was important for the country. And I'm the first one to acknowledge it.
Friday, September 27, 2013
Wednesday, September 18, 2013
The master of Hanuman temple was Monkurai, Silent Monkey. His young servant, Schiavo (Italian for slave) wished to receive instruction in sanzen (personal guidance).
One day, Schiavo went at the proper time to the threshold of Monkurai's sanzen room. He struck the gong to announce his presence, bowed respectfully three times outside the door, and went to sit before the master in respectful silence.
"You can hear the sound of two hands when they clap together," said Monkurai. "Now show me the sound of one hand."
Schiavo bowed and went to his room to consider this problem. From his window he could hear the music of the geishas. "Ah, I have it!" he proclaimed.
The next evening, when his teacher asked him to illustrate the sound of one hand, Schiavo began to play the music of the geishas.
"No, no," said Monkurai. "That will never do. That is not the sound of one hand. You've not got it at all."
Schiavo meditated again. "What can the sound of one hand be?" He happened to hear some water dripping. "I have it," imagined Schiavo.
When he next appeared before his teacher, Schiavo imitated dripping water.
"What is that?" asked Monkurai. "That is the sound of dripping water, but not the sound of one hand. Try again."
In vain Schiavo meditated to hear the sound of one hand. He heard the sighing of the wind. But the sound was rejected.
He heard the cry of an owl. This also was refused.
The sound of one hand was not the locusts.
For more than ten times Schiavo visited Monkurai with different sounds. All were wrong. For almost a year he pondered what the sound of one hand might be.
At last Schiavo entered true meditation, and, inevitably, his hand found his lingham, upon which he meditated while visualizing the perfect form of woman, namely, the young mistress* of the Hanuman temple. "I could meditate on my lingham no more," he explained later, "so I achieved the satori of orgasm."
Schiavo had realized the sound of one hand fapping.
Mit Entschuldigung an Zen Koans.
|Young mistress of the Hanuman temple|
Posted by Urkobold at 2:55 PM
Tuesday, September 17, 2013
Monkey Constitution Preamble:
We the Monkeys of Southeast Asia, in order to swarm a more wretched human, lavish substance, insure majestic fertility, provide for the Hanuman incense, promote the feral welfare, and secure the blessings of Pepsi to ourselves and our posterity, do ordain and establish this Constitution for the Monkeys of Southeast Asia.
Posted by Pro Libertate at 12:49 PM
Why aren't you out celebrating? What's wrong with you people?
|Some old, forgotten document, written in longhand over 100 years ago|