The Tea Party’s bold plans to eliminate the debt completely by December 17th

The Tea Party’s bold plans to eliminate the debt completely by December 17th

Earlier this month, after a long and contentious fight between Democrats and Tea Party Republicans, our federal government narrowly avoided its first-ever credit default. People all over the world waited anxiously to find out whether our elected officials were going to voluntarily inflict economic suicide on the nation. In the final nail-biting hours, they reached a compromise to avert disaster – much to the bitter disappointment of every Tea Party member in America.

As a result of the gridlocked debate, at least one major credit agency has already downgraded the USA’s credit rating. At our current rate of spending, our $14.5 trillion debt will explode to over $29 trillion in ten years unless we do something to stop this runaway train. Thankfully, the freedom-loving Tea Party members of Congress have come up with several innovative solutions which – when approved by the Tea Party-controlled Congress – will help us pay off our nation’s debt completely – by December 17th – just in time for Christmas.

I have previously discussed my own bold solutions to our nation’s debt crisis. But my debt reduction schemes pale next to the brilliance of these new Tea Party solutions. These unprecedented initiatives give me hope that America may once again become a great nation of predominantly white, 6th grade-educated, patriotic, flag-waving, NRA-supporting NASCAR fans who occasionally like to dress up in wacky Colonial attire and carry misspelled signs with phrases like “Repsect Are Country – No More Alliens.” Take a look at some of these clear-headed proposals initiated by our most capable Tea Party leaders.

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2010 – The Year in Review – As seen from the Bleachers – Part II: July – December

2010 – The Year in Review – As seen from the Bleachers – Part II: July – December

[To view Part I of the Year in Review – January – June, click here.]

Welcome back. What took you so long? We continue now with Part II of The Year in Review for 2010 (July – December), as seen from the Bleachers. Now where were we? Oh yes……

July: The world (and by “world” I mean every single country on the planet besides the USA) is riveted to the exciting FIFA World Cup of Soccer in South Africa.  A new craze is born as people from Tokyo to Paris to Sydney are getting hooked on the endearing monotone droning sound of the buzzing vuvuzela horn (as first reported here in VFTB).

Soon these colorful one-note plastic horns are popping up everywhere – at baseball games, political rallies, shareholders’ meetings, birthday parties, weddings, and, most recently, at my friends’ Bernie and Gwen Weinberger’s baby boy’s circumcision ceremony. Perhaps I should have asked permission first. My bad.

Also in the news, American television raises the bar for highbrow entertainment even higher with the explosive popularity of the hip reality series Jersey Shore. Colorful characters like Snooki and “The Situation” become well-tanned, breast-implanted role models for our kids. Every week is a new life lesson, like this one from episode 17, when cast member Snooki reminds us: “I’m not trashy. Unless I drink too much” or when Pauley cautions impressionable young viewers: “One minute you got three girls in the Jacuzzi, the next minute somebody’s in jail.” Sure beats the pointless tripe they try to fob off on us from the BBC or the National Geographic Channel, if you ask this reporter.

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Great News: Wall Street is Back in Business!

Great News: Wall Street is Back in Business!

rich bankers

Thank goodness that annoying “Recession” is behind us. I can hardly even see it in my sideview mirror. It’s been a little over a year since the floor dropped out of the economy. and institutions once considered too big to fail, like Lehman Brothers, did just that.

In the midst of the near collapse of our financial system, there was a lot of finger pointing.  Politicians and Economists argued lax oversight and inadequate regulations of many financial instruments (like sub-prime mortgages and Credit Default Swaps) were to blame.  (more…)