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Technorati is indexing me again! They had to make a code change to fix the problem with my blog getting stuck in their queue. Kudos to Eric M. and the guys at GetSatisfaction.com where they have "community powered support for Technorati".
Well, they're "sorta, kinda" indexing me anyway. It's on a 24 hour tape delay or something. So I never get picked up by Memeorandum because they pull from Technorati and Technorati has stuff I posted yesterday listed as my latest blog entry. And that's old news to Memeorandum.
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#VRWC Twitter feed:
Mitch McConnell gave Dear Leader a blank check, and he blew through $500 Billion in just three months.
President Barack Obama has blown through more than $500 billion in deficit spending in the three months since passage of the deal proposed by Senate Minority Leader Mitch McConnell (R-KY) on easing the debt ceiling battles that gave Obama virtually unlimited borrowing authority from October 17, 2013 through this February 7th.
So naturally, his henchmen are demanding to borrow even more.
US Treasury Secretary Jacob Lew urged Congress Thursday to quickly raise the country's borrowing ceiling to avert yet another political showdown over debt that could unnerve capital markets.
"We have, you know, a deadline looming in February. February 7th our borrowing authority runs out again. At that point, Congress has to act," he said.
Under current law the Treasury can borrow what it needs to cover the US budget deficit until February 7, when a fresh cap is set at the level of that day.
The Treasury has special accounting measures it can take to cover the deficit for several weeks.
But if the borrowing ceiling is not raised after that, either the government will have to slash spending or it could be forced into default on the debt.
Normal people would cut spending. Hey, it's what you'd have to do after you called Visa for the 14th time begging for a credit limit increase. Sooner or later they're gonna say "no."
Somebody has got to make Obama cut up his credit cards and get him into one of those debt counseling services. Pronto.
But I'm not counting on Congress to do that. They're just as addicted to deficit spending as he is.
Hey, does anybody here remember this guy?
"The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. It is a sign that the U.S. Government can't pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government's reckless fiscal policies… America has a debt problem and a failure of leadership. Americans deserve better."
I'll give you a hint. He used to be a Senator. And he ran for president. Twice.
"Leadership failure" indeed.
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