Monday, April 25, 2011

David A. Stockman at the New York Times Discusses The Bipartisan March to Fiscal Madness

David A. Stockman, a former director of the Office of Management and Budget, has a take on The Bipartisan March to Fiscal Madness, calling it a "deepening ... fiscal stalemate ... bringing us dangerously close to class war."

Hat tip to CaryGEE.

Balance the Budget? Get Rid of Senseless Military Expenditures: MODERNIZE rather than SPEND for Outdated Military Technology and Unnecessary Troops

In a USA
where Congress is reducing budgets
by cutting essential national services and further impoverishing the nation,
Mark Thompson at TIME shows
How to Save a Trillion Dollars
by getting rid of massive military expenditures
for outdated technology and unnecessary troop presence
-- all financed in our Mad Hatter world, by China:
"... an almost tragic irony of Washington's $700 billion annual appetite for military stores: we are borrowing cash from China to pay for weapons that we would presumably use against it. If the Chinese want to slay us, they don't need to attack us with their missiles. They just have to call in their loans."
Make no mistake.
We are very much in favor of essential MODERNIZED military spending.
Antiquated technology and massive unnecessary troop presence in places like Europe are not included in what we support.

Hat tip to CaryGEE.

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