Receiving nothing is better than spit in your eye

Obama's deficit, that is deficit, not spending, will be more than:
$2,000,000,000,000. And he wants to cut:
...........$100,000,000.

For every $20,000 plus in debt, he's willing to cut $1.

Consider that there are 300,000,000 million Americans. The deficit for this year will be more than $6,667 per person (!), and Obama is willing to cut your bill by $0.33.

$6,667 in debt.
$0.33 savings.

There's your change.

UPDATE: Even the AP and ABC reporters thought it was a joke, which is saying something.

Eight Decades of Free Thinking & the Zombie Threat

Anne Cleveland doesn't like the sounds emanating from the G20.

If here in the United States, the centralized government takes over and Nationalizes Banks, and IF at the G-20 group meeting of heads of State from 20 countries agreed to turn over the handling of money to the IMF, then the sovereignty of this nation has been compromised, we’ve lost the farm.

I’M saying IF. IF, if, this government has forked over the money or the power to create it to a foreign entity, that’s as crazy as Caligula appointing his horse a Counsel.

There's always gold.

Now, what could be worse than Caligula appointing his horse a Counsel? How about a zombie Caligula appoints his zombie horse a Counsel!

For example, everyone knows what a zombie bank is these days. They have also heard of the shadow banking system, which the Obama administration is doing its best to resurrect. And speaking of the Obama administration, UR readers will recall that our dear President got his start as an acolyte of a philosopher who dedicated his most famous book to Lucifer, Prince of Night - which by my calculations gives us two degrees of separation between Barack Hussein Obama and Satan himself. Not that any of this bothers anyone, of course. Why should it?

If I can boil Moldbug's long post into an analogy: brains are to zombies as debt is to America.

Aim for the head.

What the hell is this?!

April 7 UPDATE: Nobody else knows what the hell this is either. Here's Powerline:

What the Minneapolis Star Tribune is to Keith Ellison, the New York Times is to Barack Obama. Michael Goldfarb explores the irony of the Times deep-sixing the story of Obama's bow to the King of Saudi Arabia last week. Goldfarb aptly titles his post "The NYTimes bows before Obama." We still don't know why Obama bowed to the King. At least we know why the Times is bowing!

Was AIG a total fraud?

This is amazing, insane, and everything else wrapped up in an enigma of fraud. There is now the claim that AIG's CDS contracts, the supposed things worth trillions of dollars that would bankrupt the whole world economy, were, in fact...fake. And the government just sent trillions of dollars to financial companies to pay for...nothing.

The Bubama Plague

It seems the hard-working members of the right and left are in total agreement: stop giving money to failed business and irresponsible borrowers.

Among them: Lynn Powers, 39, a Bethesda, Md., resident who describes herself as a “liberal Democrat” who has been hardworking, prudent and responsible — and now feels “like a fool.”

“We were in the market,” she says. “We put out eight bids and got outbid every time. It was very upsetting for us. I want to see some accountability and responsibility across the board. The only way for me to have an affordable home, and I’m not looking for a McMansion at all, is if we let the chips fall, in a sense. This is still the bubble — the prices have to come down. You can’t just subsidize some of the people. I don’t know how you deleverage. It is going to be painful, but this is also hurting the people who behaved responsibly.”

What does she mean by “responsibly”?

“People who didn’t overbuy. Who stuck to their guns. Who read their contracts,” she says. She and her husband wound up buying a 600-square-foot studio and moved to a rental when they had their daughter, now 18 months old.

“My husband and I paid for our cars in cash,” she says. “We have no credit card debt. We have no student loans. I don’t buy Starbucks, but that’s because they’re non-fair trade, nonenvironmental.”

When they tried to buy a house, she said, “We just felt outgunned.” And now, she says, “I feel very outgunned as a citizen.”

Does she know she's channeling the "leave it alone liquidationists", the enemies of Hoover, FDR, Bush and Obama? She's an Austrian and she doesn't even know it.

Another Maryland resident concurs: “I am an Obama supporter, campaigned for him, baked cookies for him; my husband and I are Democrats all the way, but this is the issue that gets our goat.”

Echoing Santelli’s complaint, a Silver Spring, Md., mom who did not want her name used adds: “I’m not sure why we should work and pay for someone else to have a granite countertop or an extra bathroom.”

When asked about people who hadn’t overreached but had lost their down-­payment money when the value of their homes had dropped, she replies, “We put money in a 401(k), and we lost that money, and no one is going to give it back.”

So much for a level playing field, opportunity for all, a free and fair economy. Instead we get unfree, unfair, and debt and taxes to pay for other peoples' stupidity, hubris, and greed.

Bush/Obama, the Bubama Plague. Hopefully it won't destroy one-third of our GDP. There are, of course, plenty of vaccines.