Browsing Tag debt ceiling

The Debt Ceiling Crisis: Let’s Get Personal

By at August 25, 2011 | 9:09 am | 1 Comments

The Debt Ceiling Crisis: Let’s Get Personal

You have a credit card with a $25,000 limit. Because you have a good job, you only have $6,000 on the card, and routinely pay the monthly statement and a little extra on the principal. But then you decide you need a 52-inch high-def LCD TV screen to go into your “man cave,” and your […]

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BATNA, Politics and the Debt Ceiling Talks

By at July 29, 2011 | 7:33 pm | 51 Comments

BATNA, Politics and the Debt Ceiling Talks

Best Alternative To a Negotiated Agreement, or BATNA is the course of action taken by a party or parties if they fail to reach an agreement.  In effect a party should not accept an agreement worse than BATNA. Politics meaning “of, for or relating to citizens” is how groups of people make collective decisions.  These […]

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Top Ten Debt Ceiling Compromises

By at July 24, 2011 | 12:06 pm | 26 Comments

Top Ten Debt Ceiling Compromises

10) Eliminate socialized medicine for House Republicans. 9) Outsource the Defense Department to Blackwater. 8) Replace school lunch program with free guns. 7) Merge Medicare with Space Shuttle program. 6) Cut funding to gay medical researchers. 5) Take a pledge to think for yourself. 4) Sell the CIA to Fox News. 3) Downsize Congress. 2) […]

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The Middle Ground

By at July 18, 2011 | 11:50 am | 1 Comments

The Middle Ground

In the midst of all of the hot air being blown about over the debt ceiling two things struck me this morning:  first, that a “dollar for dollar” cuts-to-debt-increase-ratio is a silly construct given the additional debt (and spending) is now and the cuts largely illusory; and second, there is an easy solution for the […]

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Notes and Asides – July 11, 2011

By at July 11, 2011 | 11:48 am | 7 Comments

Notes and Asides – July 11, 2011

Ladies and Gentlemen, Senator Toomey has the floor. There is a very scary game of chicken going on down in Washington, one that is both totally unnecessary and potentially devastatingly expensive. For the past several months the White House, through POTUS and every conceivable surrogate, has been pushing the idea that we are on the […]

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Congressional End Run

By at July 6, 2011 | 6:14 pm | 82 Comments

Congressional End Run

During the great debate over the Constitution – a seminal moment in human history – the Framers’ fears and anxieties about government were laid bare, including a near mortal dread over the accumulation of too much power in either the Executive or Judicial branches.  It was “self evident” to these former rebels and outlaws that […]

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