From The Dude:
An archeological team, digging in Washington DC, has uncovered 10,000 year old bones and fossil remains of what is believed to be the first Politician.
Nice catch, Dude!
****
Somebody, and I don’t want to name names but it was Laconic Pup, thought the two titles were equivalent.
Here’s the original advert.
Here is the interpretation or rather, what the average soldier or engineer sees…
But since when has anyone listened to the CBO? I’ve posted it here in case the CBO’s site “goes down unexpectedly”. Emphasis in bold and red is mine.
Summary
Over the past few years, U.S. government debt held by the public has grown rapidly—to the point that, compared with the total output of the economy, it is now higher than it has ever been except during the period around World War II. The recent increase in debt has been the result of three sets of factors: an imbalance between federal revenues and spending that predates the recession and the recent turmoil in financial markets, sharply lower revenues and elevated spending that derive directly from those economic conditions, and the costs of various federal policies implemented in response to the conditions.
Further increases in federal debt relative to the nation’s output (gross domestic product, or GDP) almost certainly lie ahead if current policies remain in place. The aging of the population and rising costs for health care will push federal spending, measured as a percentage of GDP, well above the levels experienced in recent decades. Unless policymakers restrain the growth of spending, increase revenues significantly as a share of GDP, or adopt some combination of those two approaches, growing budget deficits will cause debt to rise to unsupportable levels.
Although deficits during or shortly after a recession generally hasten economic recovery, persistent deficits and continually mounting debt would have several negative economic consequences for the United States. Some of those consequences would arise gradually: A growing portion of people’s savings would go to purchase government debt rather than toward investments in productive capital goods such as factories and computers; that “crowding out” of investment would lead to lower output and incomes than would otherwise occur. In addition, if the payment of interest on the extra debt was financed by imposing higher marginal tax rates, those rates would discourage work and saving and further reduce output. Rising interest costs might also force reductions in spending on important government programs. Moreover, rising debt would increasingly restrict the ability of policymakers to use fiscal policy to respond to unexpected challenges, such as economic downturns or international crises.
Beyond those gradual consequences, a growing level of federal debt would also increase the probability of a sudden fiscal crisis, during which investors would lose confidence in the government’s ability to manage its budget, and the government would thereby lose its ability to borrow at affordable rates. It is possible that interest rates would rise gradually as investors’ confidence declined, giving legislators advance warning of the worsening situation and sufficient time to make policy choices that could avert a crisis. But as other countries’ experiences show, it is also possible that investors would lose confidence abruptly and interest rates on government debt would rise sharply. The exact point at which such a crisis might occur for the United States is unknown, in part because the ratio of federal debt to GDP is climbing into unfamiliar territory and in part because the risk of a crisis is influenced by a number of other factors, including the government’s long-term budget outlook, its near-term borrowing needs, and the health of the economy. When fiscal crises do occur, they often happen during an economic downturn, which amplifies the difficulties of adjusting fiscal policy in response.
If the United States encountered a fiscal crisis, the abrupt rise in interest rates would reflect investors’ fears that the government would renege on the terms of its existing debt or that it would increase the supply of money to finance its activities or pay creditors and thereby boost inflation. To restore investors’ confidence, policymakers would probably need to enact spending cuts or tax increases more drastic and painful than those that would have been necessary had the adjustments come sooner.
Entire document here (link).
07-27_Debt_FiscalCrisis_Brief (download it from this blog).
# Date: 072710
# Time: 11:10pm-ish
# Based on the VISHAY BPV10NF Silicon PIN Photodiode
# G. Ritter & J. Trenkle – Michigan Aerospace Corporation
#
# Matrix describes a 2.5mm radius dome with an aperture defined at 5mm dia
# sensor element is 0.78mm^2 or .883mm on a side (square). The sensor
# occurs 4.4mm after the 1st surface vertex, so 1.9mm after the aperture stop.
# n(pin) was calculated using the 20 degree half angle (70 degree incidence)
# arriving at the aperture stop and refracting to opposite sensor element edge
# = sin(radians(70))/sin(radians(32.86)) = 1.732
# 0.000 0.000 1.732 0.005
# #########################################################
# radius sep n aperture
0.0025 0.0025 1.732 0.005
0.000 0.000 0.000 0.005

















He’s right
I know. Seen some of the coolest shit.
That report will be buried, but hopefully not before the Republicans take advantage of it.
It may be buried but that is why I have a PDF copy local that y’all can grab.
My tax dollars paid for that report, it is mine, they published it on the web, it is mine, Americans need to know this stuff, it is mine.
And now it is yours.
Shit, if WikiLeaks can get away with dumping classified stuff in the name of “public’s right to know” (a patently artificial premise) then CBO report outlining how our elected officials are ****ing over this country ought to be just peachy.
LK, got something posted I found at another blog that you might like to take a gander at.
http://fountainabbey.wordpress.com/2010/07/28/fun-with-zombies/
LKLKLKLK—-LOOK WHAT I FOUND AT TACKY RACCOON”S!!!!!
THIS IS THE PERFECT GIFT FOR YOU AND YOUR ECO-TROLL. YOU’LL WANT TO PUT IT ON THE FRONT PAGE WHERE SHE”LL SEE IT.
IT’S AWESOME….
http://bunkstrutts.files.wordpress.com/2010/07/baby-seal-pinata_izismile.jpg
Best….EVER!!!! I’m laughing so hard I’m crying
Good find, c’monster!
Oh, my heart swells with joy!
Great, just what I needed confirmation from the CBO that the Ninth Circle of Hell is nearby.
WikilLeaks, what can you say. You know if you go to that site and read or download classified material you have broken the law. Getting prosecuted is another matter. I was going to check some of it out, but an e-mail I received, reminded me of the law.
Good point, Allen. I wouldn’t count on this administration doing much about it because if it blows up it makes them look bad on their watch. This administration is all about feeding The One’s ego.
Re: the CBO – seriously no one in the Swamp listens to them so they’re pretty much going to pull another AIG/Housing bubble act – “Wow, no one saw this coming!”