Showing posts with label budget. Show all posts
Showing posts with label budget. Show all posts

Thursday, February 17, 2011

Updates

  • The Patriot Act passed the Senate yesterday. President Obama is expected to sign it soon. Then we will continue living without our fourth amendment rights.
  • Democrats and Tea Partiers have also worked together to try to block $3 billion worth of defense spending which would only serve to increase our debt and make John Boehner look good. Seems like the libertarian Tea Party candidates finally realized the republican talking point about "smaller government' is really just a false facade.
  • Bahrain, a tiny middle eastern island nation, has had the most successful protests. Citizens have crowded into an important city square in a demonstration reminiscent of Egypt's protests. Earlier today, they were attacked by riot police while camping there overnight. I wish them luck in their attempts to truly change things.
  • Wisconsin has had its own protests. over 10,000 have gathered at the State capitol in order to object to the radical cuts proposed by the state's republicans. if only my state would do the same...
  • Justin Beiber on general politics: “I’m not sure about the parties. But whatever they have in Korea, that’s bad.” And people wonder why I hate this kid.
  • Unfortunately I have no Vlad comic for my followers this time, but here's something amusing

Monday, February 14, 2011

Dueling Budgets

Earlier this Week, US Republicans unveiled their budget plan which is projected to cut $61 billion off this year's budget. Their proposed cuts include limiting or ending funding to the Department of Education and the Corporation for Public Broadcasting.

Obama this morning has unveiled his own budget which would cut $1.1 trillion over the next 10 years, or ~$110 billion per year. Cuts in this plan come from placing a spending freeze on domestic projects. Unfortunately, even this plan falls short of the $4 trillion in domestic cuts that would be needed to rectify the deficit.

Neither plan addresses the three biggest contributors to the US budget: Medicare and Medicaid, Social Security, and Defense spending. However the lesser of the two evils would have to be Obama's plan. The republicans' is filled with impulsive reactions to programs that would actually save money if they were left alone.

Other Updates:
-Iran protests began earlier today as young university students met riot police in the streets. Continuity is not assured but hopeful. The US State Dept has launched a twitter account in Farsi in order to show support for the protesters.
-Protests in Yemen and Algeria are still going on but only Algeria seems to be picking up steam. Al Jazeera is now giving them equal time as Egypt's aftermath.
-The Grammys are going on. Maybe. I'm actively trying not to pay attention.
-Vlad Putin is still a badass.