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Eh Tu Germany? Finance Minister Says "No Alternative But To Borrow"
15 hours ago ago from Mish's Global Economic Trend Analysis
Germany, the last of the stalwarts fighting to heed the European Union’s limit of 3 percent budget deficits, is about to throw in the towel. Please consider German Budget Plan Foresees Record Borrowing . The new center-right German government agreed Wednesday on a budget that would drastically ramp up borrowing — and the deficit — next year as the country emerged from its worst economic crisis in decades. The 2010 budget for Germany, the ...
Related contentSenate Adopts Cloture Motion on 2010 Defense Appropriations Bill
31 minutes ago ago from S E N A T U S
Senators have adopted a procedural (cloture) motion to limit debate on the 2010 Department of Defense Appropriations Act ( H.R. 3326 ) by a vote of 63 to 33 . Sixty votes were needed to pass this motion. A vote on final passage of the appropriations measure is expected to occur on Saturday. According to the AP , a “stopgap funding measure expires at midnight on Friday, but White House budget director Peter Orszag has advised Senate ...
Related contentThe Democrats’ Bush Nostalgia
1 day ago ago from Truthdig: Drilling Beneath the Headlines
By E.J. Dionne Here's what Democrats need to ponder: Can they prosper in the absence of George W. Bush? Related Entries December 16, 2009 The Democrats Blinked December 16, 2009 The Democrats' Bush Nostalgia
Related contentWhatever Happened to Shame?
1 day ago ago from Truthdig: Drilling Beneath the Headlines
By Ellen Goodman What does it say when the New York Post hires Eliot Spitzer's prostitute as a columnist and the bailout babies of Wall Street can't be bothered to show up to the White House? Related Entries December 16, 2009 The Democrats Blinked December 16, 2009 The Democrats' Bush Nostalgia
Related contentWashington wants war over cooler degrees
17 hours ago ago from Antony Loewenstein
Who is really serious about addressing climate change? Here's Bolivia's leader Evo Morales in Copenhagen: The budget of the United States is $687 billion for defense. And for climate change, to save life, to save humanity, they only put up $10 billion. This is shameful.
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Now that Bush is out of office, reviewers no longer suggest that dark movies like "The Road" are a commentary on his policies.
2 hours ago ago from Wall Street Journal
"The Road," John Hillcoat's adaptation of the Cormac McCarthy novel of the same title, has been receiving conventionally varied reviews this season. The Los Angeles Times described the apocalyptic film depicting a man and his son clinging to survival in a future America devastated by an unnamed catastrophe as "no more than a reasonable facsimile, an honorable attempt at filming an unfilmable book." The Guardian praised "a brutal portrait of a ...
Related contentKathleen Wells, J.D.: Bush Intentionally Let Osama bin Laden Escape, Asserts Congressman Hinchey
14 hours ago ago from Huffington Post
Congressman Maurice Hinchey (D-NY) is a progressive Democrat serving his ninth term in the U.S. House of Representatives. He is a member of the powerful Appropriations Committee and a member on the Subcommittee on Defense. In 1999 Hinchey wrote an amendment to intelligence reauthorization legislation that forced the declassification of documents that revealed the active role the Nixon Administration --especially Henry Kissinger-- played in ...
Related contentRatio Of Contractors To Troops At War? 1 To 1 : NPR
4 hours ago ago from NPR
Search hear continuous streams 24-Hour Program Stream NPR News and Shows hear the latest news [4 min 45 sec] Latest NPR Newscast Ratio Of Contractors To Troops At War? 1 To 1 December 18, 2009 Audio for this story from Morning Edition will be available at approx. 9:00 a.m. ET ...
Related contentJo Comerford: Surging by the Minute
13 hours ago ago from Huffington Post
Cross-posted with Tomdispatch.com $57,077.60. That s what we re paying per minute. Keep that in mind -- just for a minute or so. After all, the surge is already on. By the end of December, the first 1,500 U.S. troops will have landed in Afghanistan, a nation roughly the size of Texas, ranked by the United Nations as second worst in the world in terms of human development. Women and men from Camp Lejeune, North Carolina, will be among ...
Related contentStates Scramble to Close New Budget Gaps
2 hours ago ago from Wall Street Journal
The patches used by states on their ailing budgets just months ago are now failing. Ohio lawmakers were expected late Thursday to vote on a compromise reached with Gov. Ted Strickland to avoid cutting education budgets an average of 10% on Jan. 1. In Arizona, lawmakers met in a special session Thursday -- their fourth on the budget this year -- to grapple with a new deficit. And in New York, Democratic Gov. David Paterson said Sunday he ...
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