Patterico's Pontifications

8/29/2014

Friday Night Music: The Voice Is In This Guy

Filed under: General — Patterico @ 10:11 pm



Few things are better than Justin Hayward playing a great song with nothing but an acoustic guitar:

Bonus:

Ft. Hood Shooter’s Unsurprising Request

Filed under: General — Dana @ 5:33 pm



[guest post by Dana]

Unsurprisingly, Fort Hood shooter Nidal Hasan wants to join the caliphate. In a letter, he appeals to ISIS leader Abu Bakr al-Baghdadi:

“I formally and humbly request to be made a citizen of the Islamic State,”Hasan says in the handwritten document addressed to “Ameer, Mujahid Dr. Abu Bakr al-Baghdadi.”

“It would be an honor for any believer to be an obedient citizen soldier to a people and its leader who don’t compromise the religion of All-Mighty Allah to get along with the disbelievers.”

As a reminder, Hasan fatally shot 13 people and injured more than 30 at Fort Hood in 2009 in what the government, in a display of cowardice, disgracefully called “workplace violence”.

–Dana

National Debt Has Almost Doubled Since Financial Crisis

Filed under: General — Patterico @ 7:48 am



Coincidentally, that’s also mostly the time that Obama has been in office:

The federal debt this year will be double what it was before the financial crisis, Congress’ official budget scorekeeper projected Wednesday morning.

The debt is on pace to reach 74 percent of the country’s economic output by the end of the year, double what it was in 2007 and the highest percentage since 1950, according to the Congressional Budget Office.

Remember: Bush’s ill-advised bailouts have been largely repaid. They were a bad idea not because of the loss of money to the Treasury but because of the moral hazard they created: an incentive for banks to take unsustainable risks into the foreseeable future with no fear of real adverse consequences.

The doubling of the debt is mostly due to Obama’s explosion in spending, starting with the disastrous Keynesian stimulus, and then using that budget as a baseline for future budgets.

In four years, Obama ran up almost $5 trillion in debt — an amount it took the spendthrift Bush eight years to amass, and he’s not done. Things that can’t go on forever, won’t.

Just another reminder that we are headed for disaster. And we don’t have a strategy for dealing with it. Happy Friday!


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