March 12, 2012

AP Fails to Note Record-Breaking Nature of Feb. Single-Month Deficit ($232 Billion), But Did in 2008

Filed under: Economy,Taxes & Government — Tom @ 11:05 pm

In his report on today’s release of Uncle Sam’s February Monthly Treasury Statement, Christopher Rugaber at the Associated Press today did almost all he could to ensure that his wire service remains deserving of the nickname yours truly gave it several month ago: “The Administration’s Press.”

Rugaber’s primary sin of omission ensures that readers, listeners and viewers at AP’s subscribing outlets will probably not learn that February’s deficit, at a rounded $232 billion, was the highest single-month shortfall in U.S. history. But four years ago in March 2008, during the final year of George W. Bush’s presidency, the wire service’s Jeannine Aversa somehow found space to note the record-breaking nature of that year’s $176 billion February deficit:

APonFeb08RecordDeficit031308

Rubager didn’t, as seen in the first three paragraphs of his report today:

APonFeb12Deficit031212at255pm

It’s hard to imagine how the double standard and the embarrassing lengths to which the self-described Essential Global New Network will go to protect Barack Obama and his administration from as much of the impact of bad news as it can could be more obvious.

There are several more problems with Rugaber’s report, including his failure to note how certain items in the Monthly Treasury Statement seem to indicate that economic growth may be slowing down a bit. That will have to wait until tomorrow.

Cross-posted at Newsbusters.org.

Survey Says …

Filed under: Economy,Taxes & Government — Tom @ 3:35 pm

… that more Americans blame Barack Obama for high gas prices and the mediocre (and possibly getting worse) economy:

Disapproval of President Obama’s handling of the economy is heading higher — alongside gasoline prices — as a record number of Americans now give the president “strongly” negative reviews on the 2012 presidential campaign’s most important issue, according to a new Washington Post-ABC News poll.

That number, like the one which follows, is likely to continue rising:

CincyGasPrices031212at330pm

Steyn on Fluke: America’s Direction Is ‘Quite Simply Nuts’

From his latest column, as carried at Investor’s Business Daily:

… the most basic issue here is not religious morality, individual liberty, or fiscal responsibility. It’s that a society in which middle-aged children of privilege testify before the most powerful figures in the land to demand state-enforced funding for their sex lives at a time when their government owes more money than anyone has ever owed in the history of the planet is quite simply nuts.

… Insane as this scenario is, the Democrat-media complex insists that everyone take it seriously. When it emerged the other day that Amanda Clayton, a 24-year-old Michigan million-dollar lottery winner, still receives $200 of food stamps every month, even the press and the bureaucrats were obliged to acknowledge the ridiculousness.

Yet the same people are determined that Sandra Fluke be treated with respect as a pioneering spokesperson for the rights of the horizontally challenged.

Sorry, I pass.

“Only a virtuous people are capable of freedom,” wrote Benjamin Franklin in 1784. In the absence of religious virtue, sexual virtue, and fiscal virtue, one might trust to the people’s sense of sheer preposterousness to reject the official narrative of the Fluke charade. Yet even that is not to be permitted.

Almost every matter of the moment boils down to the same story:

The left’s urge to narrow the bounds of public discourse and insist that “conventional wisdom” unknown to the world the day before yesterday is now as unquestionable as the Laws of Physics.

Nothing that Rush said is as weird or as degrading as what Sandra Fluke and the Obama administration are demanding. And any freeborn citizen should reserve the right to point that out as loudly and as often as possible.

Today, the government is expected to make official what the Congressional Budget Office predicted last week, namely that the federal government ran a February deficit of $229 billion, the largest single-month deficit in U.S. history.

The Obama administration, in addition to demanding that religious employers sell out their cherished beliefs to in the name of state-enforced funding of their employees’ and students’ sex lives, also insists that it can’t and won’t cut spending meaningfully anywhere not involving the military.

There are quite a few things which need to be pointed out “as loudly and as often as possible.” And they will be — at least around here.

Positivity: World War II veteran finds his purpose in Boca Raton helping other vets

Filed under: Positivity,US & Allied Military — Tom @ 10:00 am

From Daryn Kagan’s latest column:

Updated: 5:06 p.m. Tuesday, March 6, 2012
Posted: 4:49 p.m. Tuesday, March 6, 2012

Lucky.

It’s a word you hear a lot when you talk to Irwin Stovroff.

“I’m so lucky.”

“I’m such a lucky guy.”

“I can’t believe how lucky I am to be in the right place at the right time.”

He says stuff like that a lot.

Which is pretty remarkable when you look at all that has happened to him in his 89 years. His plane was shot down during World War II. There he was: an American Jew, behind German lines. Certainly doesn’t seem like the right place to be.

“I was so lucky,” he told me the other day. “Somehow I was smart enough to throw away my dog tags that would’ve tipped off the Germans. Spent a year in a POW camp instead of concentration camp. How lucky is that?”

OK, pretty lucky, I guess, since it saved his life and meant he made it back to America, married, raised kids and worked for a furniture company for 45 years.

In the years since, he has buried his wife and one of his daughters. There have been sorrows. Yet, more than anything, he’ll tell you there has been luck.

Lucky that once he retired he was terrible at golf.

“You know you’re bad when the golf pro tells you to quit the game,” he laughed.

And he didn’t want to spend his days playing bridge.

“I just knew I wanted to get involved and make a difference,” he told me.

That’s how he found his way to his right place – the VA Medical Center in Riviera Beach .

He met other POWs who needed help getting their claims filed. As a national service officer, he helped more than 400 POWs get full pensions.

It turned out just to be his warm-up act.

One day at the VA, he met a young blind veteran, newly home from Iraq.

“This young man sure could use a guide dog,” the VA director told him. “Sadly, there are no government funds for guide dogs.”

Stovroff found his true purpose.

“I called up a few other former POWs,” he told me. “And we got busy. Within three months, we raised $100,000!”

And that’s how Vets Helping Heroes was born. Irwin runs it from his home in Boca Raton with a board of fellow veterans.

Together they’ve raised more than $3 million and provided 65 dogs to veterans across the country. …

Go here for the rest of the story.

Monday Off-Topic (Moderated) Open Thread (031212)

Filed under: Lucid Links — Tom @ 7:15 am

Rules are here. Possible comment fodder may follow later. Other topics are also fair game.

__________________________________________