Showing posts with label debt ceiling. Show all posts
Showing posts with label debt ceiling. Show all posts

Tuesday, October 22, 2013

It's Not My Fault!




 This effort has already been accepted by and will be going up on the website of  the Toledo Free Press here, but I couldn't resist posting it here for no other reason than the ability to put in this YouTube video clip from "The Blues Brothers", a 1980 movie that was filmed nearby my old neighborhood in the Chicago area.


"No, I didn't. Honest... I ran out of gas. I... I had a flat tire. I didn't have enough money for cab fare. My tux didn't come back from the cleaners. An old friend came in from out of town. Someone stole my car. There was an earthquake. A terrible flood. Locust. It wasn't my fault. I swear to God!"
- 'Joliet' Jake Blues ("The Blues Brothers")


Enough news cycles have now passed that a mostly disconnected public has lost interest in the hype of the Government Shutdown and manufactured threat of the Default. If you doubt me, ask how many realize that since last Thursday when the agreement was signed, the limit was raised, and the floodgates were opened; that government debt jumped by the rather amazing amount of $500 billion.

Now some might consider this selective inattention on the part of the electorate astonishing, others are impressed by the government's apparent ability to stop time where spending was concerned right before we purportedly reached our previous limit instead. Still others might point to the dubious (and now clearly proven fraudulent) claim made back in September by the President (and shared by Neil Irwin of the Washington Post): "Because it's called raising the debt ceiling, I think a lot of Americans think it's raising our debt. It is not raising our debt. This does not add a dime to our debt." (Really?) What I find miraculous however, is the lack of blame that's been attached to anyone involved with the situation.

I'm not talking about Democrats (or the mainstream media) blaming the Tea Party Republicans in the House and Senate for the shutdown. That's little more than the expected and rather tired rhetoric used to gear up the fundraising efforts of the base running up to the 2014 election. Nor am I talking about Senate Majority Leader Harry Reid, who years ago talked about the Republicans being "the party of no" but has recently taking up that mantle upon himself in refusing to look at anything from the House of which he disapproves. Then again, why should they be held accountable when no one either recently or currently in office (elected or appointed) appears to be responsible for anything that's happened in their areas of responsibility?

Four US citizens, including an Ambassador, were killed in Benghazi; and a year later, no one's to blame. In spite of previous attacks that occurred and the fact that the compound in Benghazi was known to be indefensible; nothing was done to correct it. In spite of the fact that we have fast-deployment teams stationed around the world, none of them were deployed (or even put on standby alert).  In spite of the fact that the safety of US sovereign territory and the diplomatic staff is the direct responsibility of the Departments of State and Defense, no one has been called out, held to blame, or in any way punished. Hillary Clinton (State) and Leon Panetta (Defense) were in fact lauded for the performance of their duties when they finally resigned, in spite of having this glaring failure of leadership occur on their watch.

NSA is clearly out of control with the electronic eavesdropping not only on unfriendly foreign governments and terrorists threats, but on friendly governments and citizens in this country as well. Only the most broad and unconstitutional interpretations of the Patriot Act permit anything close to such spying. Only the most naive and low-information citizens can believe that the massive data storage facilities currently being built in Utah will not be used to retain data that the government is Constitutionally not permitted to obtain without a specific warrant. Yet no consequences appear to the forthcoming for the Director of the NSA (Gen. Keith Alexander), or for the current or former Secretary of Defense (Chuck Hagel and Leon Panetta, respectively) ostensibly in charge of this illegal data collection and its center.

As for spying on us, look no further than the IRS, destined to be the new watchdogs of our private healthcare information. The only thing lower than their approval ratings appear to be the ethics of their operating policies. It must be apparent to all but the sight-impaired that managers were either dictating policy or creating a pervasive atmosphere that sought to restrict the free speech rights of political foes of the President. Lois Lerner, an apparent key player in the illegal effort to obtain such information from these Tea Party Groups and an even more illegal effort to share it with the Federal Election Commission; was allowed to retire and begin collecting her pension however, after an almost smug claim to her own Constitutional right of a 5th Amendment privilege.  Ms. Lerner simply admitted her innocence before a Congressional Committee, and rode off into the sunset with her saddlebags full of cash. 
 
As for the current situation with the Affordable Care Act and its implementation, what can one say? Oh sure the website is an over-priced nightmare that cost too much. (The fact that there seems to be a margin of error of $200 million for what it cost, in spite of its epic failure, might be a giveaway as to future cost expectations.) But regardless of whether it's $400 million or $600 million for the failure that it's become, we still don't know what a working site will finally cost. Speaking of cost, we were told that premium costs would go down, but according to the Heritage Foundation, they've gone up in at least 45 of 50 states.  They have to in fact go up in fact, since unless you live in the heavily regulated states of NY or CA, the plan you were told you could keep by the President will not be one that you can in fact retain. It's all but impossible that an existing plan anywhere else will meet new (and still being written) ACA regulations, and that you will be required to take an approved and more expensive plan with higher rates and deductibles that does.  As for HHS Secretary Kathleen Sebelius, what can one say other than the President continues to have the greatest confidence in her (which is government speak for "you're doomed").

Is this incompetence or malice? I don't know and I don't care. What I do care about however, is that everyone elected or appointed to a position in DC lately seems to be pulling a 'Joliet Jake'. Managers and Department heads at the IRS, HHS, State, NSA, and Defense are retained, promoted, or allowed to retire with full pensions in spite of the illegal activity committed or the epic failures under their leadership. Incumbent legislators in the House and Senate who've consistently failed to produce a budget, run up the debt, and sloughed their regulatory responsibilities off to a faceless bureaucracy, are nevertheless re-elected with comfortable majorities. The Constitution that all these with power and privilege vow to protect and defend is no longer treated as the rule of law that limits and binds the government, but instead 'more of guideline' to be followed or ignored at personal whim.

More than any time in this country's history, Washington DC has become not only a 'logic-free zone', but a 'consequence-free territory' for those who live or work in it. 




Saturday, October 19, 2013

Island of Misfit Politicians

Not too many years ago, I took a job in an rather dysfunctional office environment.  While there was nothing wrong with the office itself or the place in which it was located, one couldn't help but notice over time that there was something disturbing about this sanctuary of industry.  Try as I might however, I could put no finger on what about this isle of employment that was so unsettling.  No matter who was in charge of it (and that was an ever-changing array of characters) or which employees came or went; there were still far too many incidents of embarrassingly disconcerting behavior, annoying inter-personal conflict, and incomprehensible temper tantrums; episodes which occasionally even rose to the level of infectious mental meltdown.

One day as the Christmas season approached however, and while someone in the office discussed the week's prime time holiday TV schedule, a singular point of clarity shook me to my very foundations.  I suddenly found myself flashing back to the days of my youth and my introduction to a 1964 made-for-TV movie entitled "Rudolph the Red-nosed Reindeer".  It wasn't the title character whose luminous snout lent this tawdry offering its title; nor even Hermey, a rather strange little elf who wanted to be a dentist that struck a disconcerting chord with me however.  It was instead "The Island of Misfit Toys", that was discovered by Rudolph and his gang of intrepid wanderers in their travels.

This island, for those of you who have somehow missed this quirky claymation classic, is a place full of wagons with square wheels, planes that can't fly, and even a 'Charlie-In-The-Box' (instead of a Jack).  In other words, it was an Island of mutant toys that even the X-men probably couldn't love.  It was also apparently, a place into which I had fit into rather handily for some time ... a fact that looking back on it now, I find strangely demoralizing. 

As I also now look back on the recent made-for-cable-news dramas of the 'partial shutdown' of non-essential federal employees that occurred because once again Congress ignored its fiduciary responsibilities in passing an annual budget; I cannot help but wonder at the comparison.  As I contemplate the 'imminent default' on a national debt that can only occur when these same 'Chicken Littles' threaten us with dire consequences by discussing a failure to pay the interest on debt that they incurred if not allowed to raise the credit limit on the national credit card; I cannot help but be struck by the overwhelming similarities between the cartoon misfit location and Washington DC.

Think about it.  Isn't there something slightly physically off-putting in the appearance of many of these public servants to start with?  Without commenting on the attractiveness of their politics, it's certainly not difficult to face the concept that neither Harry Reid nor Nancy Pelosi is likely to win the 'Sexiest Legislator Alive' in People magazine (even the forthcoming 'Extra-special Halloween Zombie Edition).  As for John Boehner and Mitch McConnell; they too capture the sometimes unattractive spirit of this costumed season by looking more like professional undertakers than senior statesmen.  As for the guy in the White House, one cannot help but notice the eerie (eary?) resemblance to a certain famous Disney character made famous in a 1941 animated feature (or the polka dot version depicted on the Island in Rudolph).

As for those from either side of the aisle whose physical appearance is slightly more appealing (if not downright photogenic), isn't there an unhealthy aroma of zealotry that instead often permeates the room around them, tainting their efforts with something that's more felt than seen?  It's so pervasive that one cannot help but wonder in many of these cases whether a 'Dorian Gray' style portrait might be tucked away in an upstairs room of their ancestral homes, and whose appearance now carries the sins and scars of their misfit nature (political and otherwise).

Even if taken at their most appealing however, all these political misfits are people who have sought a career in the exercise of power over their fellow man.  Regardless of the humility and altruism with which they may have entered the fray, or any misguided attempts to retain them; the modern day game of party politics requires participants a lifetime of self-serving and self-interest in order to lay claim to one's place on this island elitism.  And once having achieved a true misfit level of pompous legislative nobility, few have the strength of character to resign their positions of power until unavoidable senility of Island life, revelation of unforgivable public error, or a decision of overwhelming political disfavor to overtake them.

No, there's little doubt that over the years, Washington DC has become little more than a government incarnation of this imaginary place that in its reality should be called the 'Island of Misfit Politicians' (a term which is probably in fact redundant).  Far different from the sad place of unloved toys of Rudolph's adventure however, these misfits see themselves as well-loved indeed (or at least self-loved) and seek anything but freedom from their sordid island retreat.  Appearing to all but revel in their misfit status and nature, they do all they can to stake whatever greedy claim they can to even the meanest plot on its shores; and instead fight to the death to retain the power and privilege of their misfit island paradise. 

Unlike Rudolph's long ago adventure, I suspect perhaps that far it's too late to rescue any of these misguided misfits and see them off to good homes, should they even allow us the opportunity to do so.  So since we cannot rescue them, perhaps it's past time that we sought to rescue ourselves from them instead.  The continuous exhibition of their misfit nature is tainting even the land around them, and all but unfit to live in. (Where's the EPA when you need them?) 

Before we create the next Island of Misfit Politicians however, we should consider changing the rules to save them from their own misfit nature.  For their own good (and that of the nation), let's limit their time as misfits, their exposure to the toxicity of the Island, and return them to society in general; where with luck, there may yet be hope of them fulfilling a less misfit existence.

 
            

Tuesday, October 8, 2013

TFP Column: Sequestered, Shut Down, and Debt Limited

In spite of the fact that I seem to be contributing in no substantive way to the number of awards one by the Toledo Free Press, Editor-in-Chief Michael Miller continues to accept my submissions. (We all have blind spots)

Who am I however, to question the judgment of this award winning publication by second guessing their use of "Sequestered, Shutdown, and Debt Limited" this week; while we gear up for the next national financial battle over the Debt Limit even before the previous one over the Shutdown is over.

The truth however is that this is the endless drama in Washington DC has become a dysfunctional reality show, and there's no understanding any of it.  There's no watching any of it either; as their lack of plot, poor dialogue, and even worse acting make "Here Comes Honey Boo Boo" a welcome relief.  (Man, I really hate Reality Shows.)

Speaking of welcome relief, it's early enough in the week that you have both the mid-week "Star" edition to look forward to, as well the newspaper that not only continues to be the largest circulation Sunday newspaper, but for the fifth year in a row has one the Best Weekly Newspaper in the State of Ohio (at least according the the Ohio Society of Professional Journalists).  I speaking of course, of none other than the Toledo Free Press.


 

Monday, September 30, 2013

Silly Bits VI

The Government appears to be about ready to shut down today.  Since this is one of the silliest things that the government does (a statement which goes much further than I'm sure the two major parties would be willing to concede), what better time to talk about some of the Silly Bits involved where this particular shutdown is concerned.

Shutdown, Schmutdown ... big deal.  After all, we've shut down the government some 17 times in recent history, and for all the common sense that seems to make, the damn thing keeps coming back to life like the evil lead in a Zombie Apocalypse movie.  Besides, all the really cool stuff in Washington DC like White House tours, the parks, and the museums were shut down already because of last year's Sequester. (Or so they've told us.)  

I for one am suspicious about these so-called shutdowns.  They tell us that this one will not threaten the checks of soldiers or the elderly on Social Security, but could eventually threaten the processing of claims for both; all so they can keep the special subsidies for a medical plan for members of Congress and theirs staffs who are making far more than the average citizen.  We'll no doubt keep writing checks for foreign aid (a post in itself that will have to wait for another day); all to keep from granting the same one year delay to individuals signing up for the ACA through legislation that were granted by Presidential fiat to employers. 

Besides, it's getting hard to worry about the bad things that will happen from this government shutdown when House Minority Leader Nancy Pelosi already told us only last week that the government has cut everything it can already and can't cut more.  If that's the case, for all we know we might have been shut down already.   

Democrats want to blame Republicans for this potential shutdown, since it was their idea to shut down the government the last time in 1995.  Republicans in turn would like to blame Democrats, since it's Harry Reid and his party in the Senate that seem to have become the party of 'NO' lately in their refusal to compromise (or in many cases, even vote). A pox on both their Houses!

The truth is that Government is on the verge of shutting down because both parties are too busy posturing for position for an election that's 13 months away to have done their job for the previous 12 months.  Both parties require some media face time, good sound bites, and a jumping off point for fund raising.  So instead of doing one of the few things that they are obligated to do under the Constitution to perform, they ignore their fiscal responsibilities (and common sense) and square off on partisan lines at the last minute in such a way that any decision made must be ill-considered at best and a knee-jerk reaction at worst.

I've got an idea!  How about instead of passing a Continuing Resolution, we have them instead pass a law to hold a special election this November for ALL of those currently in office in both houses (regardless of the status of their term).  How about we make a 'very special' election' and not allow incumbents to run in it?  If your party gamesmanship is so important to that you continuously place it above your oath of office, take the bullet for it and go find another place to work.  If you're unable to perform the simplest requirements of the job you have, step a aside and allow us to find someone who will.

According to Democrats and some in the media, Republicans in the both houses of the national legislature should stop messing with Obamacare (The Affordable Health Care Act) because its law.  What a preposterous notion!

It's the job of members of the Congress to challenge laws when and if necessary, and to fix those that need it even after they're passed.  They've been doing this since the inception of this branch of government and as a result, we've seen things as foolish as the 'Jim Crow' laws of this nation redressed.

Of course, still waiting in the wings is the Debt Ceiling and yet another possible stand off .  You remember the Debt Ceiling; it's the limit of the government's ability to borrow money.  Now however, the President is out there on the stump telling us that the nation's debt is going down faster than it has in years.  Am I the only one that sees the logical inconsistency in this?  

If the debt is going down, why have we once again run out of money to borrow?  How is it that what we were told were the 'draconian cuts' of the 2012 Sequester have not prevented this from happening as threatened (promised)?  If we are so quickly again reaching the national credit limit however, shouldn't we be doing even more to bring in line the government's spending with it's revenues (like delaying a very expensive new government program like Obamacare)?

By the way, where does the $85 billion of government debt that the Federal Reserve purchases in bonds every month figure into this concept?  Call it Quantitative Easing or just the monthly bond auction, this government escapade doesn't even show up on the balance sheet.  Likewise, no elected official has to approve it, since this is the Fed's money and not really the government. (Like there's a difference?) This ruinous fiscal policy already has already led to devaluation of the currency and will eventually lead to some fairly massive inflation.  Such devaluation may some good for some in the stock market and those looking at the national debt we're worried about, but it won't do much good for anyone who earns and purchases in US dollars.

During the 2012 election, Presidential candidate Ron Paul held up a silver dime when talking about the current price of gasoline.  He reminded the nation that because of the changing worth of the currency in 'real goods', the value of the metal in what was a ten cent coin when minted was still enough to buy a gallon of gas, even at today's prices.  

As to the idea of a federal government shutdown itself, it should probably be pointed out that the real problem may not be whether it should happen or not; but this:

How did we let this government become "too big to fail" in the first place and allow the potential of its temporary shutdown to matter.   

The federal government long ago exceeded the limitations placed on it in the the Constitution.  This rampant overreach is as much responsible for the potential train wreck than anything else we're facing today.  Perhaps if so much money and power were not relegated to this bug-infested swamp on the Potomac River, we'd be cheering rather than fearing its potential of its temporary demise.  
 


Friday, September 27, 2013

TFP Column: Political Tactical Victims


Congress has returned from its summer vacation, is back in session, and is up to it usual level of shenanigans.  It's hard to tell however, which (if any of them) is taking a principled stand and which are merely trying to position themselves for future political office or suck up to those in power in their respective political party to retain their committee appointments and campaign financing.

For that reason alone, I felt obligated to write about how most of how the rest of us are used as little more than political cannon fodder in these mostly pointless and purely political battles.  Our collateral damage status however, usually only allows us to make the grade as "Political Tactical Victims" in this current struggle.

Fortunately however, this time of year sees a great deal going on in Northwest Ohio and the Glass City, so those who want to stay in the know will spend a little time this weekend either on the website or wrapped in the pages of Toledo's largest Sunday circulation newspaper, which also happens to be Ohio's best weekly newspaper for the last five years in a row.  Of course, I'm talking about none other than the Toledo Freed Press.

 

Saturday, August 31, 2013

The Magical Misdirection Tour


There are a lot of people worried about whether we're going to be shooting off a few fireworks in Syria this weekend to celebrate the Labor Day Weekend.  Quite frankly, I am too; but probably not as much as most.  There's been enough fireworks in the Middle East over the last couple of years (actually the last couple thousand years, but whose counting), and in spite of the recent cost in lives and treasure for 'Arabian Adventures', things don't really appear to be getting any better there.  After all, this part of the world is very hot and has too little water (two things which tend to make people cranky), and it seems unlikely that either will change.  So let's move on ....

Wait, that's it.  You're willing to brush off everything going on in Syria, Egypt, Iraq, Iran, Afghanistan, and Pakistan with no more than a short paragraph!

Yep ...

You see, we are living during the 'Magical Misdirection Tour', and it's time we stopped being taken in by the latest bit of political sleight of hand we're witnessing.  Congress is about to come back from their summer vacation to face once more a dismal and epic failure to pass even a single part of next year's fiscal budget.  Instead of apologizing for the failure to do their job however, what we'll hear instead is a lot of high minded discussion (see bloviating) about the terror or necessity of 'shutting down government' in order to facilitate future partisan point-scoring in the year leading up to a mid-term election.

If we fail to applaud to this bit of played out pretense, the second act of the looming debt ceiling awaits just beyond.  Yes, the same legislative body that brought you the 'House Banking Scandal of 1992' (Remember.  This was where members of the House were allowed to overdraw their personal checking accounts without penalty) will once again need to take up the unfortunate situation that borrowing on the national account is about to exceed its limit.  Recognizing the dire 'damsel on the train tracks' nature of this situation and the need to resolve it before the nation supposedly defaults on its debt, both major political parties will seek to ... make it about re-election next year.

The President meanwhile, had been focusing his attention on the cost of a higher education and the burden of borrowing money to finance it.  Of course the fact that such costs have gone up by over 250 percent in the last thirty years has nothing to do with the government providing low interest, unsecured loans to pay for it, regardless of whether the degree obtained in the process would provide an income which allows the student to pay the loan back.  Instead the President would like the government to 'evaluate' schools, and find forgiveness for loans taken out by students who go to work for non-profit organizations or the government itself. (There's a level of hypocrisy here that needs to be delved into, but not today.)

Oh and let's not forget that the Administration once again has its laser-like attention focused on jobs in this country.  (How many times have we heard this one before?)  Apparently, being the President whose biggest effect on employment thus far has been to turn more full time employment into part time employment through the Affordable Healthcare Act is not enough.  The Commander-in-Chief has yet to make any concrete proposals on how to get good, high paying jobs back into this stagnant economy, but perhaps its not too late to jump on board the $15.00 per hour for fast food workers movement.  Force them to unionize like federal workers and this could have the double benefit of paying back supporting unions by way of dues.

So let's assess where we are.  We're told that the growth in the national debt is slowing in one hand, but we have to raise the debt ceiling in the other.  We're told that we can trust the government to watch over us when the NSA is spying on some of us and the IRS is conspiring against others. We're told that we need to re-elect experienced politicians to lead in Washington when those in place for over 20 years cannot perform even the most basic functions of getting an annual budget passed or produce readable legislation.  Suddenly however, just when the anger really starts to get going over all the crap being shoveled on us in this country by our nation's capital the most important thing in the world is suddenly (wait for it) ... 

SYRIA!

Wait.  Hasn't this civil war has been going on for over a year?  So why does jumping into now sound like a good idea?  Does it make any real difference to a Syrian population that the rest of the world has mostly abandoned whether the lives of the over 100,000 already killed were ended by bombs, bullets, or poison gas?  Why is this alleged gas attack different from the previous one that the President said would be the 'red line', but wasn't?  Wouldn't shooting a few cruise missiles, dropping some bombs from air strikes, or making some drone attacks likely kill even more and cause even more destruction?  Then again ...


Could all of this political theater be little more than a distraction from the phony scandals in Washington?  Could their timing be any more perfect for this Administration?  Is there a better bit of misdirection than showing pictures of poisoned women and kids that didn't matter a couple of weeks ago and haven't mattered for the last couple years (not to mention parking some warships in the Eastern Mediterranean) to keep us from noticing the insidious poison of the ruling elite infecting this country from Washington DC?

Well played Federal Government.  The media now speaks of nothing but about our strategy (such as it is) for dealing with Syria, so the American public will no doubt fall once more for the charlatan's tricks.  Fast and Furious?  Benghazi? The IRS and the NSA? The Debt Ceiling and the Budget?  Immigration or Tax reform, who cares?  The list goes on and on, but they're all old news now that we've got some fresh meat to feed the public.  What was crucial to this nation's survival just days ago is about to become little more than the footnote to a growing list of things we've lost sight of.  Welcome to the continuation of the Magical Misdirection Tour of 2013. Enjoy the show.



Monday, August 12, 2013

Vacation - My Favorite Time of Year


This time of year brings back many fond memories for me.  Like many children who grew up in the Dark Ages, when video games included such exciting titles as 'Pong' and ... 'Pong', many future nerds were forced by their parents to spend some part of summer vacation time outside, unwittingly exposing their bodies to the deadly UV rays coming from the sun (as opposed to the deadly rays of energy that we were told were coming from primitive television sets at the time).  Apparently there was some addictive property to such UV exposure however, since before we knew it we were not only willing to be ripped from our pre-cable interior existence and our complacent suburban lives, but soon found ourselves actually looking forward to being deported to the even more primitive living conditions which our parents called 'Vacations'.

For my family (and a group of my cousins), these summer migrations became the annual "Great Northern Pilgrimage"  (please note that the word 'White' was not used in the title, since the Canadian border was never crossed).  Early versions of these Lewis and Clark cross country (or more accurately Ford 'Town and Country') expeditions began with simple border crossings from Illinois to Wisconsin for a return each year to nature (along with the lumberjack championships in Hayward), but eventually even the lure of day long fishing and learning to log roll began to pale as expansion of the Interstate system allowed civilization to encroach on these escapes.  Overcrowding soon caused the clan to continue north and west, moving across the Minnesota border many miles, before ending up in an area north of Brainerd called Fifty Lakes.  Here there was little exposure to newspapers, none to television, and the only real concerns were whether the fish were biting or the bear outside of the bait store might be interested in a bottle of orange pop if we made a trip to it for more worms. 

Though unfortunately those days are far behind me, this time of year remains my favorite; not because I'm on vacation, but because both Congress and the President are.  After one last gutless bit of misconduct in sparing themselves from the onerous obligations of the Affordable Care Act (Obamacare), The Teleprompter Kid and Gang Who Couldn't Shoot Straight (at least with the American Public) road off into the sunset for some well-deserved time off.  Interestingly enough, this summer escape for Congress dates back to the founding of this country and the fact that our nation's capital was built on a bug-infested swamp suitable for only for the habitation of blood-sucking parasites in the days before air conditioning was invented.  (A tradition which has apparently changed little over the intervening years.)  

The President is now temporarily off of his stump speech tour of promoting the recovery of the middle class by vacationing on an island where the truly rich go to escape the plebeian company of the semi-rich and upper middle class (Martha's Vineyard).  There, having traveled with his staff of cooks and servants (and a special fight for the first pet), he'll be able to rest, relax, and form a clearer understanding of the hardships of a growing class of people who remain unemployed or underemployed, while renting a multi-million house ($6.7 to be exact) from a Democratic donor and enjoying rounds of golf at private country clubs.  

Congress meanwhile, is taking a five week break from its partisan bickering to purportedly return to their constituencies and re-establish contact with the 'little people' who sent them to Washington in the first place.  (Besides, all the lobbyists on K Street left town.)  The fact that most of those that they're likely to see are at local events are those contributing to the future campaigns of these professional incumbents is probably only a coincidence (if not a political necessity).  There may be a town hall meeting or two where the unwashed can show up, but they're likely to be held in Senatorial districts not up for re-election or safe Congressional districts.

This year, a lot of people are very angry with the President and Congress for abandoning their posts, since they've done such a lousy job of doing their job that not one Appropriations Bill from the nation's annual budget has been passed a mere six weeks before the fiscal year is set come to an end.  They're concerned over the rumored political strategies from both sides of the aisle threatening to turn the process once again into a series of contentious 'Continuing Resolutions' that allow their elected representatives to write even worse legislation than usual, while ostensibly resolving their petty political squabbles.  And while this last minute annual budget mess is going on, many can't help but likewise notice that the debt ceiling again needs to be raised, and that the only thing keeping the US from defaulting on its debts are some bookkeeping tricks performed by the Treasury Department that would get you thrown into jail if you tried them.  Some might find the presence of such dual national financial crises a curious time for those in charge to leave.  Not I however ...

I find that any departure of the nation's perpetrators at any time provides some necessary time off for the rest of us (and the more often, the merrier).  Without glacially-paced Congressional hearings and discussions of speculative Congressional strategies, I sleep safe at night knowing the nightly news will be far more boring.  With the President off the stump speech circuit (at taxpayer expense) and on vacation (at taxpayer expense), even the cable news show pundits seem far less bitter in their rants.  With both parties off doing fund-raising at home instead of writing comprehensive (incomprehensible) 2,000 page legislation in DC, their miserable minions in the daily newspapers report on cheery weather trends and state fair attendance instead.  Without the constant polling data telling me that no one believes it's getting any better out there, we're allowed to complacently accept our roles as a low information voters, and the world is far more at peace.  Oh sure the problems are still there, but it's not like our elected leaders were making a real effort at resolving them before they left (rather than attempting to make political points); and at least they will be made no worse for a couple weeks while the inmates take a break from running the asylum.  We can all relax while the Harry Reids and the John McCains take time off that they don't deserve ... to give us some that we desperately do. 

No, those days of my youth are over, and it's unlikely that I will be making a 'Great North Pilgrimage' any time soon. There will be no fishing involved for me this year, and bringing that bear a Nehi or Orange Crush these days (if he's even still alive) is far more likely to get me a nasty phone call from New York Mayor Bloomberg (if not a visit from the ASPCA).  But that's Okay with me; for even in these changing times, vacation is still my favorite time of year.



Wednesday, February 27, 2013

Celebrate Sequestration Day!


For those of you who haven't been paying much attention to the news for the last couple of weeks (you lucky bastards), this Friday is Sequestration Day.  Now for those of you who have additionally failed in your obligations to have read the previous posting on this subject in JBS (go ahead, I'll wait here), the Sequestration of 2013 is a series of government spending reductions suggested by the White House, passed in a bi-partisan effort by both Houses of Congress, and mandated to occur by virtue of the 'Budget Control Act of 2011'.  If Congress couldn't come to an agreement on some form of budget reform between August of 2011 when it was signed into law and March 1st of 2013 (after a 'kick the can' extension that moved it from January 1, 2013) Sequestration automatically happened.

In typical recent government fashion, the law was passed to trade spending now for savings later; in this case getting a debt ceiling increase of $400 billion back then (with an option for $500 more that was used) for $1.2 trillion in spending reductions over ten years.  If an agreement on those reductions wasn't reached, a form of them would kick in automatically instead; and since Congress seldom has the courage to cut money from any program, these cuts would be made based on the difference between the annual portion of the $1.2 trillion and whatever across the board cuts Congress could come up with.  (Hell, the Senate hasn't even had the testicular fortitude to pass a budget in four years and the President has been late in delivering budgets four out of the last five years. )  They would affect almost everything except entitlement programs like Medicare, Medicaid, and Social Security.  

Hidden in the fine print of all such government language however, is that any such action would be  based on the 'Base Line Budget' process that Congress uses where the national checkbook is concerned.  Now for those who don't understand this concept of accounting, practices that would be considered illegal if practiced by anyone other than the government; it means that every budget program funded by the government is assumed to get bigger each year.  This means that programs will normally see the equivalent of cost of living increases of between 4% and 6%, assuming that their prior year's budget is spent.  In this year's case, because the date of Sequestration was moved back to March 1st, the $120 billion of projected reductions that was originally required would now in fact consist ofof a mere $84 billion ... approximately 2.4% of the projected $3.8 trillion 2013 federal budget.  (I say projected, because without both Houses passing a budget that's signed into law for the last four years, actual budget numbers get rather fuzzy.)  What that in turn means is that the amount of spending that Sequestration will reduce is smaller than the budget increases already built-in under the 'Baseline Budget' principle.  In other words, in spite of the process of Sequestration, the government will still spend more this year than it did last year.

All of the Doom and Gloom coming out of the national bully pulpit that we've been hearing about the last week or so about how these cuts will undoubtedly bring about a fiscal Armeggedon in this country are really nothing more than someone from our government telling us that these agencies must 'suffer' with only slightly more than their funding for 2012.  Their threats of dire consequences are in fact only being made in order to scare us into paying even more taxes than Congress agreed to just a month ago.  So what are we going to do about it?

Well I don't know about you, but I'm going to celebrate Sequestration!  Sequestration may be the only government 'reductions' in spending that we are likely to see this year from the bi-partisan efforts the White House and Congressional behavior that has become far more like that of a crack addict than of a responsible national government.  It appears that we can no longer count on either major political party to do the right thing, but only instead to produce lies and excuses about their own failures.  This is not because they don't know what the right thing is, but because the haven't the backbone to offend any of those special interest groups feeding at the public trough.  After all, with today's endless election cycle, if they aren't looking for campaign contributions for a re-election bid, they're looking for at least the vote of benefiting members of a parasitic constituency.  

Just this once, it appears that they may have done the right thing (probably by mistake) and they don't know how to dig out of the hole that they've created.  While the Sequestration cuts are barely a token, they still represent more than either party has done to change the horrible path that this nation is on in the last couple of decades.
 

In fact, I recommend that we all go out and celebrate; and that we do so as publicly as possible!  Those currently out there on the stump have consistently lied to us not only about the budget, but about the dreaded process of Sequestration that they themselves visited upon us; and for no better reason than to keep us frightened and as they see it, easier to control.  Countering their fear mongering with enthusiasm for what they've tried to make a see as disaster might put them back on their heels.  Celebrating what they think we should be terrified of could make us seem less predictable in their minds.  Acting in a way that passes their understanding might shake recent assumptions by those in Washington that their skills in steering the herd that they believe us to be are anything but complete.  If nothing else, we may get a chance to enjoy their temporary discomfiture and give them pause before trying to create their next faux panic in yet another attempt to manipulate us in the next budget debate.

Yes, I know that it's possible that there might actually be negative consequences to Sequestration; though I suspect that if there are, they will be at our leaders' purposeful doing.  Even if some hard lessons come out of these manipulations however, we should take it as our just deserts for allowing the bi-partisan fiscal impropriety that's been committed.  Times are tough out there financially, and and it's far past time that everyone (including our fearless leaders in Washington) recognized that it's time to learn to do with less in order to survive.  

So while it might be a couple of days early in doing so, I would like to wish each and every one of you:

Happy Sequestration Day!




Sunday, February 24, 2013

Sequestration - A Hallmark Disaster


Those of you who regularly read these efforts in "Just Blowing Smoke" have heard me speak before about 'Hallmark Holidays'.  I won't go through the list of such days here, as it often varies on a personal basis.  They can all be easily recognized however by the fact that they are 'made up' holidays, use special cards (usually manufactured by KC's own Hallmark) for their occurrence, and often seem to carry a requirement to purchase flowers, jewelry, and/or automobiles for a loved in order to properly celebrate them.  (Many can also be recognized by ads in the newspaper which enable one to purchase tires or mattresses at reduced prices.) 

It occurred to me however, that lately we have become a nation of not only Hallmark Holidays, but of Hallmark Disasters; in spite of the fact that apparently the greeting card companies have shown a failure in their ability to keep up with the times.  It seems, for example, a shame that we have yet to see 'Debt Ceiling' cards, 'Kick the Budget Can Down the Road' cards, and with it being less than a week away ... 'Sequestration' cards.

Oh sure, each of these is purported to be a disaster rather than a day of celebration, but like their supposedly joyous counterparts, they are mostly made up and meaningless.  Let's look at their overall design:
  • Each is a disaster (like some of the holidays) has been created by the government with, the willing participation of the two political parties that have a strangle hold on it, under the guise of being for our benefit.
  • Each is a bi-partisan effort that the two sides of the aisle later blame on each other for occurring in the first place.
  • Each is debated about by politicians and media talking heads, while largely ignored by the public.
  • Each is one that both politicians and political parties change their positions on with each rising tide and wind direction change.
  • Each is billed as the equivalent of the End of Days, even after so many of them have come and gone without anything of significance happening as a result of their occurrence.  
As for this latest made-by-government misadventure, it might be the thinly disguied bit of BS yet.  After all, Sequester was supposed to be the latest answer to doing something other than 'Kick the Budget Can'.  Voters, it seems, were beginning to tire of yet another boring event in which only feet were used; and probably for many of the same reasons.  (The US doesn't appear to be very good at it, few in the stands really understand the rules and most found it too low scoring for attention span of the average voter ... or six year-old.)

The truth of the matter is that 'Sequestration' was a poor designed Doomsday at best, with even those attempting to stop the clock from ticking down losing interest.
  • The White House originally presented this budgetary Armageddon as a 'final solution' and now can't seem to even remember the 'Simpson-Bowles' report or the result of ignoring it.
  • Both parties voted for Sequestration as a last resort; yet as the deadline that they most feared approaches, both are so concerned over the ticking down of its doomsday clock that they .... take a vacation and leave town.
  • Both parties continue to call Sequestration budget 'cuts', in spite of the fact that even under its strictures, the government will spend more money this year than it did last year (which was more than the year before).
  • Democrats continue to successfully blame Republicans for a failure to avoid this supposed disaster in spite of the fact that a Republican-controlled House has voted twice to amend it and a Democratically-controlled Senate has failed to vote on anything even vaguely related to it.
  • Both Houses and Parties continue to ignore the simple solution of allowing the budget cuts of Sequestration to happen, but allowing the President or Departments heads involved to prioritize their own spending and cut accordingly rather than making across-the-board cuts.
  • Almost everyone involved with this form of budget resolution wants to talk about the horrible impact that it will have on the recovery of the economy and with unemployment, when in fact all that it will do is to provide a reduction of 2.4% of what's expected to be a budget of some $3.8 trillion.
  • Far too many would like you to believe that somehow the continuing problem of a $16 trillion debt that continues to grow because we're spending more money than we take in will go away if we just close some tax loopholes for individuals and corporations.  It won't!
  • With very rare exceptions indeed, no one at any level of government will tell you what will actually happen if Sequestration occurs, though they are more than willing to set up 'straw man arguments' that have nothing to do with the process.  (My person pet peeve however, was the President talking about police and firemen being laid off if it occurs when these people are paid out of municipal and state budgets and not the federal budget that Sequestration affects.)

Since there appears to be no way to get the Executive or Legislative Branches of government to pay serious or proper attention to the actual state of fiscal affairs in this country, I therefore propose that we attempt to get what growth in the GDP that we can from turning these mostly made-up disasters into the same type of opportunities that they've done with made-up holidays.  

Oh sure, it will take them a while to get up to speed on which ones are best suited (and which might even require 3-day weekends), that's no reason not to get the presses rolling.  If they can't doing anything about addressing the fiscal crisis in this country in any meaningful way, the least they can do is let us properly celebrate their ineptitude  Let's face it, with just a little effort on the part of greeting card companies acros the nation, I'm sure that some cards with catchy slogans could be produced before the next Debt Celing deadline occurs.  

Perhaps the morons in the national legislature could even offer some phony baloney Stimulus dollars to someone other than a green energy company that the Chinese will eventually want to purchase so that we can get a tire or mattress sale (or two) in place, and move these Hallmark Disasters into true national prominence. 




Friday, January 11, 2013

TFP column: You Have to Try


After taking some required time off to rest and recover after Holiday duties, I am once more entering the fray.  It was interesting in "You Just Have to Try" for the TFP to compare what looks to some pointless trench warfare that's about to begin in Congress with the Debt Ceiling and Budget Battle ahead in 2013 with the fiscal battles that Toledo faces as well in its annual budget with the addition of Shaun Enright to replace Phil Copeland (whose leaving for his new job in the County Recorder's Office).  

I fully expect that we'll see little in the coming from the 'No Man's Land' of Washington DC; with few paying more than lip service to finding common ground, and even less proposing real cuts to budget more bloated than a bloated whale on a Malibu beach.  

With yet another in Toledo's City Council representing 'union interests' in this local legislature (something which I wish I could say was severely under-represented without lying).  I believe that here too we can expect an abundance of SSDD, with some creative fiction holding the 'balanced' budget together long enough to raid the Capital Improvement Budget to actually balance it.  (And if anyone should know about 'unbalanced', it's me.)  

On the other hand, everything in this weekends edition promises to be far more balanced, with the exception of the scale that Editor-in-Chief Michael Miller is using.  Michael's weight may be the only thing on the planet going down faster than the national debt is going up.

So my advice would be to spend a bit of the weekend maintaining your own balance by some time with Toledo's largest Sunday circulation and and Ohio's Best Weekly newspaper for the last four years, the Toledo Free Press.  


Saturday, December 29, 2012

Unresolved


It remains rather quiet here at the 'Just Blowing Smoke' headquarters with most of the staff still out on holiday; and being the end of the year, that would seem to make it an ideal time to pause for reflection on the year past and create some of the time-honored resolutions for the year ahead.  While there's certainly been time enough for proper pondering, such continued contemplation has in fact left me more unresolved than ever.

As it is for many around the nation, my attention instead continues to be drawn to so many things left unresolved in 2012.  Based on the quantity of press coverage if nothing else, the twin dooms of the Fiscal Cliff and the second coming of the Debt Ceiling probably top this list, though quite frankly I've long since grown tired of hearing about them.  For despite the protestations of some of our political leaders, this stopped being about 'regular Americans' some time back and has become (like far too many other decisions turned over to government) little more than a pissing contest between the members of two political parties who seem ill-equipped to compete in such an event. The current two-party system in our national legislature has become a warning sign that perhaps term limits once again deserves serious consideration. (Though I'm still more in favor of abolishing the Congressional Pension System, which would not only force legislators back into the public sector fairly quickly, but has the added benefit of putting them into Social Security.)

How Harry Reid can stand in the well of the Senate and complain about the obstinacy of anyone, when the legislative house that he's in charge of hasn't passed a budget in over three years is quite beyond me.  Despite his protestations to the contrary, partisanship in the Senate was not created in 2008.  Other Majority Leaders have faced it as well, and managed to find common ground and do their jobs.  If you can't Harry, man up and step down.   Instead of displaying the wisdom and experience that the longer six-year terms were supposed to grant them, they're instead used to put on 'secret holds' and find ways to dodge existing responsibilities on 'advise and consent' (when the President isn't using every bathroom break to shove in recess appointments). 

As for John Boehner,  his fawning and whining approaches at leadership are probably what should be expected after his teary-eyed acceptance of the leadership position.  I don't question his heart or even his courage, but a leader praised for his experience must ultimately be judged by the success of his strategies.  Boehner's strategies have produced a level of consistent strategic failure that hasn't been seen in this country since the War of 1812. (US troops lost almost every battle in this war and Washington DC was sacked and burned ... not that I'm trying to give anyone ideas.)  Having won the House in 2010, Republicans gave two years of lip service to those who carried them into the majority, but failed to make substantive gains, which undoubtedly played some part in their lack of progress to reach a majority in the Senate or win the White House two years later.  While they retained that majority in the House this year, they have yet to demonstrate the fiscal responsibility that actually know what to do with it or how to sell their efforts to an increasingly angry voter.s

Like the Majority Leader, it seems strange too that the additional 'experience' of the President should once again prove him to be a poor winner.  Apparently our commander-in-chief has not only the innocent nature of a child, but the selective memory of one as well.  In fact, it might be said that he holds the vindictiveness of a petulant child whose only willing to point out that he won re-election in 2012 and that his party kept control of the Senate when discussing his bargaining position (my ball, my game).   All of the talk of compromise is merely paying lip service to the concept however.  He he seems incapable of remembering that the election of 2010 turned control of the House over to his opponents (though he did when it first happened), and left it in their hands after this most recent on.  His current 'campaign style negotiating' is done in public speeches, and in fact seems to ignore the opposition party unless he's looking for someone to blame his own lack of negotiating skill on.  How can anyone call what President Obama offers compromise when his proposals are unanimously voted down by his own party in the Senate.  

And so we look at the last days before going off the Fiscal Cliff; most seem to have forgotten that this 'Thelma and Louise' ski jump was created by the very people who ignored it for months while campaigning, and now see it as a Doomsday Clock ticking while saying that they're dead set on avoiding it.  Citizens in this country likewise seem perfectly willing to trust that the same leaders who created this no-win game of financial chicken are capable of solving it for longer than the next congressional election cycle (which none of them has actually proved in the last four years).   

Haven't the past so-called victories of these three leaders in fact turned out to be Pyrrhic ones, cutting a path or devastation that we're still dealing with.  Isn't anyone else tired of the 'Three Card Monties' and proposals where immediate tax increases (and I don't care who they're on) are to be followed someday by budget cuts or savings that never actually come about (or that appear insignificant unless added together for ten years)?  Does no one else understand promises agreed to by either house of the current Congress doesn't even obligate the one that takes its seats in a couple of weeks to follow through on? 

If taxes need to be raised however (as many are convinced of on the left), then so be it!  Let's not pretend however that raising what slick politicians now like to call 'Revenue' (rather than taxes) that don't even keep the government from running deficit spending are anything more than a symbolic gesture however.   (Hell, they're barely enough to run the govt. for eight days.)  While we're at it, let's recognize that increasing taxes on those who pay most of them is little more than punishment for success.  Let's also agree on the simple logic that spreading any these revenue increases over a greatest number of people makes them less of a burden for each to carry in a struggling economy.  The "E Pluribus Unum" printed on our currency doesn't translate to 'Let Government Pick'.  The burdens and benefits that are our lot were meant to be shared by all; and spreading the tax burden over the whole leaves everyone with some skin in the game.  I find it interesting, for example, that the tax cuts we're arguing about continuing were created to expire in the first place (Why is that by the way?), but the increases we're considering are to become permanent.  Why couldn't any of those finally agreed upon also have a built-in expiration date, forcing legislators to re-evaluate them again in the future based on what happens with the economy.

Of course the bone of contention for many is that while tax increases are being discussed for implementation immediately, spending cuts are only being hinted at eventually and are to be taken up later.  Plans that included both taxes and cuts that Republicans recently proposed, are being rejected out of hand now by the same Democrats who proposed the same thing eighteen months ago. Is this an honest effort to keep us from a fiscal cliff, or a political gamesmanship more interested in punishing an opponent than serving an electorate.  Apparently for the President and Majority Leader, contentment means tax increases (and apparently spending increases to go with them) now and any form of fiscal responsibility 'manana'.  Many of us are tired of the continued 'Wimpy Economics', long scorned by anyone not part of the Paul Krugman school of economics, and most recently perpetrated by government.  We're tired of the fact that this nations needs to borrows forty-six cents of every dollar it spends; a process which only continues to work as long as the Fed cranks out fiat currency 24 hours-a-day, in the hopes of inflating some part of that debt away.  Inflated or not however, this debt takes us right into the next of the unresolved issue, the Debt Ceiling.   

Yes, from the same leaders that brought you the Debt Ceiling of 2011, we now have the Debt Ceiling of 2012-13.  Making no attempt at living with their means and having kicked the can down the road some 17 months ago during a previous deadlocked budget debate (and for no better reason than the cowardly reason that they didn't want to deal with it while running for re-election), the financial geniuses of both parties in Washington tried to rig their last agreement so that the issue wouldn't come up again until the new Congress was seated in 2013.  Of course our government is about as good as understanding how fast they spend money as they are about what they spend it on, so the government credit limit is about to be exceeded a little early.  Not to fear however, as our Treasury Secretary Tim Geitner (who has some experience with not paying bills .... tax bills) decided he could get us into 2013 by using some accounting tricks that he'd probably have you put in jail for using.

Of course 2013, like 2011, will kick off another in never-ending re-election cycle in the House of Representatives and widen the yellow streak of our elected representatives (especially those most vulnerable for re-election).  Already faced with a Fiscal Cliff negotiations that will not make any of them look good and that points rather dramatically to the fact that we spend more than we take in, you would think that sufficient imperative would finally exist to seriously address the root problem.  Such thinking would not get you elected however, and would therefore make you wrong.  Congress is quite content to ignore Social Security running out of money, as long as it doesn't do so before the election of 2014.  Consideration of Medicare and Medicaid budget reform pretty much falls under the same category, which means that as long as the 'Social Safety Net' remains intact for now, nothing substantive will be done to reform their bloated nature or prevent their impending doom.  Besides, members of Congress rely on none of these plans themselves, and their cushy pensions and medical plans (also funded by taxpayer dollars) will not be affected; so there's certainly no rush to interfere with seeking re-election contributions.  But these are just the entitlement programs.

Corporations who get money to drill for oil or mine coal might see some reductions in their subsidies (after all, what do we need with energy products) as the budget negotiations ramp up.  Corporations that get their money not to plant crops or that use those they do plant to produce bio-fuel to replace the coal and oil (creating even greater pollution in the process) will retain theirs however.  So too will wind and solar panel farms that can never pay their investments back, and research on things so obscure that even the people doing the research aren't sure they care about.  Congress will at least consider reductions in military spending, but not very seriously, and certainly not in ways that will affect influential Congressional districts.  We may cut back some equipment orders that are important only if we continue to believe we must poke our nose into the internal disputes of every nation on the planet, but that won't stop us from poking anyway.  We will not consider however, whether to remove or even reduce funding to countless military bases that we have around the world.  (Can anyone tell me who else has so many worldwide bases?  Buehler .... Buehler ...)  But of course such bases are vital to the protection of our interests, property, and citizens around the world; unless of course, you're one of the citizens working for the State Department on our property in Benghazi.  

Which takes us to yet another unresolved situation.  Over three months have passed since the 9/11 attack on the Consulate in Benghazi and the State Department's report has recently been issued, but we still know little more than we did the day after it happened.  Why the US outpost remained manned in Benghazi long after everyone else considered it too dangerous (like the British and Red Cross) and pulled out has been made clear.  Neither have we a clue of why, if we were going to remain, upgrades to the defensive levels of the facility and to the size of it's protection staff were not made; especially after the Ambassador (one of those killed in the attack) sent multiple requests for such improvement after attacks had occurred only months before.  We don't even know who made the decision for a security contingent already in-country to be pulled out a month before the attack.  Sure, a couple of people resigned after the report was issued (no one of importance and no doubt all of them managing to keep their pensions), but no one in real authority has yet to speak officially before Congress or the media.  When there's a oil spill, we demand that the president of that company appear before Congress; and they had better be properly remorseful, penitent, and contrite when they speak.  In this case however, we've not heard from the Secretary of State, the Secretary of Defense, or the President; all of whom evidently had some real-time knowledge of events (or should have), about what decisions were made and why, while four other government employees died in a hours-long gun battle. 

So forgive me if I find that I have no desire to make self-serving attempts at self-improvement (no matter how badly they might be required) for 2013.  While I could certainly win a bit of approbation for listing a few New Year's Resolutions that I'm probably as likely to fulfill as our elected national representatives are their elected obligations, I choose instead to remain silent at a time when so many are seeking just such praise while leaving so much unresolved.



Wednesday, December 5, 2012

Fiscal Cliff or Debt Ceiling - Confusion of Terms


It seems like everyone is talking about the country going over the Fiscal Cliff; and most of them like to use the same "Thelma and Louise" movie reference for this December 31st event that I've often used for the entire process of how the government deals with borrowing and spending money.  Of course I would have thought that going over a cliff was a bad thing (since both Thelma and Louise attained room temperature as a result of this last drive), but maybe I'm just a little confused.  Silly me.  It appears that both sides preaching their share of doom and gloom only do so they could steal my Hollywood reference to describe what would happen if the country were forced to plummet into the depths of the horrible, the evil ... "Sequester".  (The Bastards!  I mean geez, it's not like I get a lot of original ideas, and the one I do get they steal.)

Now Sequester, for those of you who have buried your heads in the sand for the last couple of years and don't understand it (which is apparently quite a lot of you), is the agreement to automatic tax increases and budget cuts that Democrats and Republicans consented to when they discovered that they didn't have the testicular fortitude to come up with another piece of duct tape to hold on the budget band aid that holds on the actual band aid that holds in place the government budgeting process.  Sequester was meant to be the Armageddon which no one wanted, but which would be required of the nation if the D's and R's once again could not agree on how much money the nation should take in and how much it should spend.  This horror would involve the end of previously agreed to tax cuts (you know, passing a tax increase without actually voting on one) and across the board spending cuts (which can be overruled by new legislation passed as soon as possible after the Sequester occurs).  This way, legislators of both parties can tell you that Sequester is bad (in spite of the fact the they created it as an alternative in the first place), that higher taxes are bad (in spite of the process letting tax cuts expire), and that spending cuts are bad (in spite of the making them automatically part of the Sequester).  

By the way, can anyone tell me why tax cuts are always temporary, but tax increases are permanent?  It almost seems that legislators are saying that increasing taxes is good, hence their permanence; and tax cuts are bad and should only be allowed to exist temporarily and when no other alternative exists.  Of course, we all know that this can't be the case.  After all, they've told us so.

Not surprisingly, much of the current budget jury-rigging came about not because of the Fiscal Cliff negotiations currently stalled; but because of the fact that the annual budget process and the  Debt Ceiling have failed to reach any effective conclusion for the last couple of years.  The Debt Ceiling, lest we forget, is the credit limit on the ability of the government to borrow.  The Annual Budget of course, is the money that the government spends each year.  Since we continue to spend more each year than we take in through tax revenues, the need arises regularly to raise the limit of the amount of money that the government is allowed to borrow in order for it to write the checks on money that it doesn't have.  

Interestingly enough, the only things that the two parties of experienced legislators (perhaps too experienced, if you know what I mean) were able to agree on during previous Budget and Debt Ceiling debates was to go ahead continue to spend more than we were taking in for a while longer (called 'Kicking the Can'), and to let the country borrow more money than it ever had in the past. (Though curiously these days, most of that debt is not purchased by the Chinese as politicians on talk shows would like to have you to believe; but by the Federal Reserve, which simply goes out and prints more money in inflationary spiral that makes that debt worth less in a process which it also ignores.)  After years of intransigence. obstinancy, and belligerence, these same legislators decided to threaten themselves with the formidable prospect of Sequester in the future in order to convince us that their continue lack of serious action in the present was a plan and not simply a failure failure of leadership. 

The result of this lack of fiscal responsibility going into the 2010 election was that Republicans took back control of the House; I suppose in the hope that such Armageddon could be avoided (and scrubbing the Bruce Willis / Ben Affleck shuttle mission).  Since then, the House has regularly passed budgets bills that at least attempt to address the reining in of the expansion and out-of-control spending of government, mostly to no effect since the Senate refuses to vote on the House proposals.  Of course their efforts at responsibility are performed in so timid a fashion as to be unrecognizable as such, but they should get credit for at least trying.  Instead however, its members are pilloried for sending the Senate weak-kneed spending reforms that are demonized by the majority party in the Senate as 'draconian cuts' and attempts to throw mom off a cliff. 

Meanwhile, in what is supposed to be the more deliberative Senate, no actual deliberation takes place, mostly because the Senate Majority Leader Reid won't allow it to.  (The Senate in fact has failed to pass an annual budget for almost four years, in spite of requirements that it do so.)  Out-of-hand rejecting the ideas of the House (too far to the right) and the President (too far to the left), the Majority Leader is apparently incapable of coming up with anything of his own that might be 'just right'.  He instead appears content to sit quietly with his gavel and mumble to himself "My Precious" while not Rome, but the entire nation burns around him.  (My personal belief is that Senator Reid's stubbornness may be part of an advertising contract in which he receives a fee for using his manner and appearance to draw attention to the upcoming release of  "The Hobbit: An Unexpected Adventure", which opens in theaters on December 14th.  Unfortunately, this may be a long running contract, as the movie is expected to have two sequels.)  Some say in Harry's defense that budgets coming from the House Republicans couldn't be voted on because the R's have thus far refused to compromise by replacing their own ideas with those of the D's; but that seems a rather lame excuse when a bi-partisan effort in the Senate rejected the last proposal of the leader his own Democratic party by a vote of 99 to 0.  

So if all of this appears confusing, don't feel bad ... it actually is.  You're not alone in having difficulty understanding this confusion of policies, described by terms that tells us that we are now going to go over a cliff in part because we are unable to agree on a budget that keeps us from hitting a ceiling.  You're likewise far from alone in confusion over the fact the end of the year will see us being forced into mandatory tax increases and spending cuts by two political parties who will tell you that both of these concepts, singularly or together, are an anathema not to be tolerated and the last thing that they want to see done in this country (except of course, for reaching agreement on any sort of alternative).