레이블이 U.S. Debt인 게시물을 표시합니다. 모든 게시물 표시
레이블이 U.S. Debt인 게시물을 표시합니다. 모든 게시물 표시

2013년 11월 25일 월요일

About 'us debt statistics'|...Bully for them; for the rest of us, record national debt, record personal debts, record...population, until/unless new and reliable poverty statistics are compiled -- remain...







About 'us debt statistics'|...Bully for them; for the rest of us, record national debt, record personal debts, record...population, until/unless new and reliable poverty statistics are compiled -- remain...








               So               we               saw               this               coming.

I,               along               with               much               more               influential               and               smarter               commentators,               said               the               debt               ceiling               would               be               raised,               but               the               deal               was               going               to               really               suck               and               make               significant               cuts               with               no               real               revenues.

Even               the               Wall               Street               Journal               Editorial               Board               knows               that               this               was               a               very               good               deal               for               Republicans,               as               shown               by               Stephen               Moore's               article               declaring               a               victory               in               the               debate               for               the               Republicans.

Another               Wall               Street               Journal               piece               called               the               deal               "               A               Tea               Party               Triumph               "               and               that               "the               debt               deal               is               a               rare               bipartisan               victory               for               the               forces               of               smaller               government".

The               article               said               it               was               the               biggest               "victory"               since               welfare               "reform"               in               1996               under               Bill               Clinton.
               

               Over               60%               of               people               disapprove               of               the               deal               because               it               contains               no               revenues               (taxes).

There               was               a               piece               in               Forbes               (yes               Forbes!)               calling               for               private               wealth               that               has               been               off-shored               to               be               taxed.

There               are               15-20               trillion               dollars               of               wealth               from               bankers               and               billionaires               sitting               offshore.

Remember               that               the               national               debt               sits               at               about               14.3               trillion               dollars.

All               of               the               major               leaders               are               viewed               less               favorably               by               the               population               because               of               the               debt               fight.

Even               John               Kerry               (who               represents               everything               that               is               wrong               with               Washington,               with               his               wealth               and               corruption)               has               said               that               he               "               has               never               seen               the               government               process               so               broken               ".

Polls               show               that               people               are               pessimistic               about               the               promised               protections               in               the               Affordable               Health               Care               Act.

Who               can               blame               them?

This               whole               debt               ceiling               facade               again               shows               that               our               politicians               are               bought               by               special               interests.
               

               The               cuts               will               be               around               $               2               trillion               long               term               .

The               Stock               Market               momentarily               rallied               on               Monday,               but               then               sunk               back               down               because               of               a               terrible               manufacturing               report               ,               again               reminding               us               the               big               problem               is               not               the               debt,               but               jobs.

Pelosi               claims               that               they               "saved"               Medicare               and               Social               Security,               but               the               triggers               in               the               deal               could               actually               make               deep               cuts               in               those               programs.

Harry               Reid               claims               that               "this               is               what               compromise               is               all               about".

Speaker               Boehner               admits               that               he               got               98               percent               of               what               he               wanted               in               the               deal,               can               you               call               that               compromise?
               

               One               of               the               more               bizarre               features               of               the               deal               is               the               so-called               "Super               Congress".

There               is               debate               on               how               the               12               lawmaker               "Super               Congress"               will               be               appointed.

It's               pretty               obvious               how               this               will               work               as               the               National               Journal               hints               "The               so-called               super               committee               that               would               be               responsible               for               cutting               $1.5               trillion               from               the               federal               deficit               is               poised               to               create               a               new               class               on               K               Street:               The               Superlobbyists."               And               when               the               12               are               picked,               guess               who               they               will               listen               to.

The               New               York               Times               reports               that               Wall               Street               was               in               close               contact               with               politicians               when               the               deadline               neared.

In               fact,               it               seems               that               they               lectured               both               parties               in               regards               of               the               debt               ceiling.

Wall               Street's               power               in               Washington               was               the               reason               that               the               debt               ceiling               was               raised,               and               it               will               have               a               huge               influence               on               the               "Super               Congress".
               

               

               Tim               Carney               diagnoses               the               situation               well,               by               noting               that               the               Democrats               (especially               Obama)               "put               politics               over               policy".

He               writes               that               Obama               abandoned               shared               sacrifice               and               Keynesian               economics.

Instead,               his               goal               was               to               "attempt               to               jockey               for               better               position               --               in               terms               of               fundraising".

The               final               kicker               from               Carney,               "Democrats'               willingness               to               compromise               doesn't               reflect               superior               maturity               to               the               more               rigid               Republicans.

Quite               the               contrary:               It               reflects               caring               less               about               policy               than               about               politics."               The               New               York               Times               correctly               writes               that               "Mr.

Obama...has               adopted               the               Republicans'               language               and               in               some               cases               their               policies".
               

               Senate               sources               show               that               Obama               was               willing               to               invoke               the               14th               amendment               and               raise               the               ceiling               himself               if               the               vote               failed.

This               shows               that               he               obviously               wanted               this               non-compromise,               or               he               would               have               just               raised               the               ceiling.

John               Conyers,               a               key               Democrat               out               of               the               House,               points               out               that               Boehner               and               Cantor               didn't               put               Social               Security               on               the               table,               it               was               President               Obama               .

Make               no               mistake,               Obama               wanted               these               cuts               .

For               those               that               want               to               quickly               argue               with               me               that               Obama               is               the               "good               guy"               and               its               the               Republicans               that               are               pushing               the               deep               cuts               and               working               for               Wall               Street               and               Finance,               please               l               ook               at               these               statistics               .

Presidential               inaugurations               are               privately               paid               for               (this               way               taxpayers               don't               pay               for               it,               but               it               allows               special               interests               groups               to               pay               for               it               and               get               something               in               return).

Who               was               the               number               one               donor               to               Obama's               inaugurations?

Big               finance               at               over               9               million               dollars               (with               over               5               million               from               "miscellaneous               business").

Lawyers               and               Lobbyists               combined               for               nearly               5               milllion.

How               much               did               Labor               and               Unions               give?

Less               than               $30,000.

Guess               who               Obama               is               working               for.
               

               

               The               politicians               (and               their               special               interests)               won,               and               we               all               lost.






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                   Watching               how               things               played               out               in               Washington               recently,               it               all               started               sounding               familiar.

    Too               familiar.

    Some               people               like               to               say               that               private               companies               function               better               than               government,               but               this               latest               display               only               points               out               how               any               large               organization               of               humans               will               find               ways               to               suck.

    Let's               review:
                   A               lot               of               bold               talk               by               leaders               creates               a               crisis               and               a               deadline               that               otherwise               didn't               exist.

    At               the               end               of               June               we               were               all               made               to               work               the               weekend               because               the               project               absolutely               had               to               go               to               senior               management               before               the               holiday               break.

    Then               when               we               finished,               the               CFO               said               "I               won't               have               time               to               look               at               this               until               August."               It's               clear               that               the               two               managers               involved               had               created               the               deadline               themselves               in               an               attempt               to               impress               the               CFO,               who,               it               turns               out,               doesn't               care.

                   Macho               posturing               takes               precedence               over               trying               to               get               something               done.

    How               many               times               does               your               boss               interrupt               your               work               or               make               you               postpone               something               so               you               can               go               to               a               meeting               where               he               brags               about               how               "things               will               be               different"?

    Listening               to               bragging               is               the               #2               waste               of               my               time,               after               status               meetings               of               course.

                   Only               in               the               last               hours               do               people               finally               start               to               focus.

    While               the               project               remains               weeks               away,               there               is               no               urgency               from               the               boss               to               approve               anything,               even               though               the               timeline               says               he's               already               days               behind               and               holding               things               up.

    Threats               of               late               delivery               fall               on               deaf               ears               until               we're               a               week               away.

                   Some               leaders               get               worried               it               won't               be               finished               on               time,               so               they               begin               efforts               to               shift               the               blame               on               others               EVEN               THOUGH               IT               HASN'T               YET               FAILED.

    This               is               a               favorite               of               mine.

    There's               an               account               director               who               doesn't               really               understand               what               we               do,               and               she               gets               nervous               as               deadlines               approach.

    Rather               than               giving               us               space               to               do               our               jobs,               she               tries               to               interfere               and               micromange.

    When               we               push               back               and               our               boss               actually               backs               us               up,               then               she               walks               around               the               office               trying               to               point               out               how               no               one               will               listen               to               her,               and               the               project               is               going               to               fail               because               our               department               is               incompetent.

                   As               it               is               nearly               done,               people               shift               their               focus               towards               efforts               to               take               the               credit,               even               though               it               is               not               yet               done               and               could               still               fail.

    While               we               were               waiting               for               a               manager               in               another               department               to               approve               the               changes               to               his               section,               he               delayed               for               a               day,               and               instead               sent               a               note               to               the               CEO               and               CFO               saying               how               his               department               had               really               pulled               together               in               the               last               minute               to               get               the               project               done,               and               what               a               success               it               was.

    The               only               thing               was               IT               WASN'T               DONE               YET.

                   Finally               it's               done               and               everyone               hates               it,               but               it               gets               pushed               out               anyway               because               not               to               would               be               admitting               failure.

    Any               project               that               requires               compromise               and               has               multiple               bosses               either               dies               a               painful               death,               or               is               to               big               to               fail               and               goes               out               a               real               stinker.

                   Everyone               promises               to               learn               their               lesson               but               nobody               does.

    The               day               after               the               project               ships,               everyone               meets               to               discuss               what               went               wrong               and               how               to               avoid               it.

    But               I               don't               know               why               we               even               take               notes,               because               no               one               is               ever               held               accountable,               and               we               just               repeat               the               same               criticisms               from               all               past               projects.

                   People               continue               to               plot               their               next               move               to               gin               up               a               new               crisis               to               make               them               look               good               and               their               rivals               look               bad,               because               the               company's               interests               don't               matter               as               much               as               their               own.

    I've               seen               times               when               talented               people               are               pulled               off               projects               for               some               trumped               up               emergency,               in               an               attempt               to               railroad               the               other               manager's               project,               and               thus               look               better.

    I've               also               seen               people               hold               back               some               key               resource               until               the               last               minute               so               they               can               look               like               the               hero.

    If               someone               in               a               cubical               tried               this,               they'd               be               fired;               but               if               you               have               an               office,               this               is               just               politics               as               usual.

    Anything               I               missed?






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