Detail, east Portland photo, courtesy Miles Hochstein / Portland Ground.

For old times' sake
The bojack bumper sticker -- only $1.50!

To order, click here.

Excellent tunes -- free! And on your browser right now. Just click on Radio Bojack!

E-mail us here.


This page contains a single entry from the blog posted on January 19, 2009 3:11 AM. The previous post in this blog was Outrageous prices, upstairs and down. The next post in this blog is Inaugural speech preview. Many more can be found on the main index page or by looking through the archives.



Law and Taxation
How Appealing
TaxProf Blog
Mauled Again
Tax Appellate Blog
A Taxing Matter
Josh Marquis
Native America, Discovered and Conquered
The Yin Blog
Ernie the Attorney
Above the Law
The Volokh Conspiracy
Going Concern
Bag and Baggage
Wealth Strategies Journal
Jim Hamilton's World of Securities Regulation
World of Work
The Faculty Lounge
Lowering the Bar
OrCon Law

Hap'nin' Guys
Tony Pierce
Parkway Rest Stop
Along the Gradyent
Dwight Jaynes
Bob Borden
Dingleberry Gazette
The Red Electric
Iced Borscht
Jeremy Blachman
Dean's Rhetorical Flourish
Straight White Guy
As Time Goes By
Dave Wagner
Jeff Selis
Alas, a Blog
Scott Hendison
The View Through the Windshield
Appliance Blog
The Bleat

Hap'nin' Gals
My Whim is Law
Lelo in Nopo
Attorney at Large
Linda Kruschke
The Non-Consumer Advocate
10 Steps to Finding Your Happy Place
A Pig of Success
Attorney at Large
Margaret and Helen
Kimberlee Jaynes
Cornelia Seigneur
And Sew It Goes
Mile 73
Rainy Day Thoughts
That Black Girl
Posie Gets Cozy
Cat Eyes
Rhi in Pink
Ragwaters, Bitters, and Blue Ruin
Rose City Journal
Type Like the Wind

Portland and Oregon
Isaac Laquedem
Rantings of a [Censored] Bus Driver
Jeff Mapes
Vintage Portland
The Portlander
South Waterfront
Amanda Fritz
O City Hall Reporters
Guilty Carnivore
Old Town by Larry Norton
The Alaunt
Bend Blogs
Lost Oregon
Cafe Unknown
Tin Zeroes
David's Oregon Picayune
Mark Nelsen's Weather Blog
Travel Oregon Blog
Portland Daily Photo
Portland Building Ads
Portland Food and
Dave Knows Portland
Idaho's Portugal
Alameda Old House History
MLK in Motion

Retired from Blogging
Various Observations...
The Daily E-Mail
Saving James
Portland Freelancer
Furious Nads (b!X)
Izzle Pfaff
The Grich
Kevin Allman
AboutItAll - Oregon
Lost in the Details
Worldwide Pablo
Tales from the Stump
Whitman Boys
Two Pennies
This Stony Planet
1221 SW 4th
I am a Fish
Here Today
What If...?
Superinky Fixations
The Rural Bus Route
Another Blogger
Mikeyman's Computer Treehouse
Portland Housing Blog

Wonderfully Wacky
Dave Barry
Borowitz Report
Stuff White People Like
Worst of the Web

Valuable Time-Wasters
My Gallery of Jacks
Litterbox, On the Prowl
Litterbox, Bag of Bones
Litterbox, Scratch
Ride That Donkey
Singin' Horses
Rally Monkey
Simon Swears
Strong Bad's E-mail

Oregon News
The Oregonian
Portland Tribune
Willamette Week
The Sentinel
Southeast Examiner
Northwest Examiner
Sellwood Bee
Mid-County Memo
Vancouver Voice
Eugene Register-Guard
OPB - Portland
Salem Statesman-Journal
Oregon Capitol News
Portland Business Journal
Daily Journal of Commerce
Oregon Business
Portland Info Net
McMinnville News Register
Lake Oswego Review
The Daily Astorian
Bend Bulletin
Corvallis Gazette-Times
Roseburg News-Review
Medford Mail-Tribune
Ashland Daily Tidings
Newport News-Times
Albany Democrat-Herald
The Eugene Weekly
Portland IndyMedia
The Columbian

The Beatles
Bruce Springsteen
Joni Mitchell
Ella Fitzgerald
Steve Earle
Joe Ely
Stevie Wonder
Lou Rawls

E-mail, Feeds, 'n' Stuff

Monday, January 19, 2009

Federal debt: $194,400 a head

These folks wreck the holiday weekend by talking reality.

Comments (14)

I wonder if their arithmetic is any better than their spelling and grammar. It's hard to credit sources that are so careless with details.

Wow, good thing we gave all those bank & mortgage lender CEOs their bonuses. They could be hurting if this gets any worse.

What are we, as a country, going to do? Seriously, how are we going to ever get out of this mess? Even if we all generally agreed on a plan, would it ever get done? There's enough moneyed interest in the status quo to ever let it happen...

I wouldn't worry about the status quo. That can't go on much longer.
One number I always used to think about was when the deficit passed over 365 billion a year. I'm not an economist but the idea that everyday we lived in America, we were 1 billion dollars more in debt, seemed alarming. Of course, that was back before we began running up a trillion dollars of new debt by lunchtime.
That was several years ago when right-wing conservatives were writing my blog to brag about how great W. was at the economy.

Well, Allan, I wouldn't shoot the messenger over apostrophe abuse. The Medicare HI fund (Part A ) is expected to be depleted in 2019, and the suppmental insurance fund is growing way faster than general inflation. This report is generated annually, and it ain't good news:

seems like yesterday that Bubba was leaving office and the national debt was on track to be paid off in 15 yrs...

PMG, let's all hope we can think clearly about these problems. I'm not shooting any messengers, a metaphor that I think does not involve skepticism but rather blame shifting. Projected social fund deficits include a lot of assumptions about the future, almost none of which are likely to prove accurate. But the Medicare report (which I'm betting doesn't have a lot of careless mistakes in it) underscores, if anything, the urgency of fundamental health care reform in the United States. Parts C and D of Medicare are a carefully crafted time bomb intended to bankrupt the system and procure its failure, once and for all. This "reform" of Medicare should have been named for Ron Wyden, whose favorable vote single-handedly brought it about. You might guess that I don't think this is the best time in the world to be screaming about the national debt and prospective deficits. What I do think is that efforts now to address these problems directly (through higher taxes, or lower spending, or both) will just make them worse.

It's only money

I've noticed a huge uptick in right-wingers bleating that "The New Deal didn't work." But right now, we need to put people back to work and put a secure-enough floor under them that they'll begin participating in the consumer-driven economy.

Obama, however, is already turning away from campaign promises to get out of Iraq in 16 months and abolish the Bush tax cuts.

So it doesn't look as if we're going to try solutions that would work.

"The New Deal didn't work."

I had one of them in my face with "The New Deal caused the Depression." Exact quote.

With the federal, state, county, city debt combined we're looking at over $215,000 per person.

Combining that with the average debt people have in bank cards, mortgages, etc., a family of four would be over $1 Million dollars in debt. That means in one's lifetime with national averages that debt will never be paid off from income expected.

Where's Momma?

I think we're missing the point here. Saying we owe 200 thousand dollars or whatever, implies a level of stability that's rapidly eroding. What we may be seeing is the beginning of the end of the dollar as our entire system unravels, then crashes down in a heap.
It's like in "No Country for Old Men" when the bad guy is talking to the widow he's about to kill, and she says she still owes a bunch of money for her mother's funeral. He says, "I wouldn't worry about it."

"... how are we going to ever get out of this mess?"

Easy answer. It has all been set out as burden, and onus, for our grandkids and their kids to get out from under.

Government expenditures and appropriations used to be (before Raygun) 'costed' in the current year's budget. Somehow that got shifted in ratchet increments, until now we see government spending, and revenue, stated in terms of projected total amounts cumulative for the projected total years of the legislated take-in and pay-out. We have come "unstuck in Time," like Billy Pilgrim. ("Somehow got shifted" is not to mean there is a mystery of 'how.' Rather, that 'how' is a tedious 30-year narrative -- and totally known, which is more details than a Comment can fit, except to say there is 'some.') But the 'solution' is to re-establish only Current Year revenues and spending in legislative debate and news reports. After all, what one session of Congress can give, the next session of Congress can take away.

Income and expenses in terms of cash on hand can be applied in personal finance, too. For instance, we hear that Social Security is 'broken' about 50 years in the future. Well, all right then, there seems to be almost nothing we can do today to fix the government program, in 2060, and there is very much we can do to fix our personal 'program.' This: Forget Soc.Sec. checks when we retire; plan and act to take that future into personal account and our own hands -- personally save ahead for retirement. Opt out of our own Soc.Sec.

If everyone who can do that, would do that, then Soc.Sec. is NOT 'broken' 50 years in the future.

Whatsa matter, you can't do that? You can't foresee how it's going to go, and where you're going to be, for 'retirement?' If you can't, then how can we rationally expect government can?

Earn earnings this year. Spend some this year. Save some this year. Stay current. Then there'll be no burden on grandkids, and the rest ....

Some comic relief in contrast: There are those who wreck the party by talking reality, as said in the headline; and then there are those LIARS who distort reality by misstating a fun and ceremonial party.

MSNBC's Tamron Hall asserted Bush's 2005 inauguration "cost roughly $40 million," ignored reported $100 million in additional costs, Media Matters, Jan 18, 2009.

Summary: MSNBC's Tamron Hall stated that "the inauguration festivities" for President-elect Barack Obama are "estimated to reach as high as $150 million," while "[i]n 2004, to note, the inauguration of George W. Bush cost roughly $40 million." But the $40 million figure that Hall cited for Bush's second inauguration reportedly does not include security and transportation costs incurred by the federal government and the District of Columbia; these costs are included in the $150 million estimate that the media are reporting for the Obama inauguration.

Perhaps it is odd -- NOT! -- that LIARS Larson broadcast those same EXACT NUMBERS from Drudge, on Friday. "Obama's party is costing $150 million, Bush's party cost only $40 million," said LIARS.

But that's not reality, in fact.

Some of his listeners reading this here should call-in LIARS radio program today, (his screener hangs up on me -- LIARS has not got the guts to face true facts and me), to tell him why his reputation is he is LIARS.


As a lawyer/blogger, I get
to be a member of:

In Vino Veritas

Lange, Pinot Gris 2015
Kiona, Lemberger 2014
Willamette Valley, Pinot Gris 2015
Aix, Rosé de Provence 2016
Marchigüe, Cabernet 2013
Inazío Irruzola, Getariako Txakolina Rosé 2015
Maso Canali, Pinot Grigio 2015
Campo Viejo, Rioja Reserva 2011
Kirkland, Côtes de Provence Rosé 2016
Cantele, Salice Salentino Reserva 2013
Whispering Angel, Côtes de Provence Rosé 2013
Avissi, Prosecco
Cleto Charli, Lambrusco di Sorbara Secco, Vecchia Modena
Pique Poul, Rosé 2016
Edmunds St. John, Bone-Jolly Rosé 2016
Stoller, Pinot Noir Rosé 2016
Chehalem, Inox Chardonnay 2015
The Four Graces, Pinot Gris 2015
Gascón, Colosal Red 2013
Cardwell Hill, Pinot Gris 2015
L'Ecole No. 41, Merlot 2013
Della Terra, Anonymus
Willamette Valley, Dijon Clone Chardonnay 2013
Wraith, Cabernet, Eidolon Estate 2012
Januik, Red 2015
Tomassi, Valpolicella, Rafaél, 2014
Sharecropper's Pinot Noir 2013
Helix, Pomatia Red Blend 2013
La Espera, Cabernet 2011
Campo Viejo, Rioja Reserva 2011
Villa Antinori, Toscana 2013
Locations, Spanish Red Wine
Locations, Argentinian Red Wine
La Antigua Clásico, Rioja 2011
Shatter, Grenache, Maury 2012
Argyle, Vintage Brut 2011
Abacela, Vintner's Blend #16 Abacela, Fiesta Tempranillo 2014
Benton Hill, Pinot Gris 2015
Primarius, Pinot Gris 2015
Januik, Merlot 2013
Napa Cellars, Cabernet 2013
J. Bookwalter, Protagonist 2012
LAN, Rioja Edicion Limitada 2011
Beaulieu, Cabernet, Rutherford 2009
Denada Cellars, Cabernet, Maipo Valley 2014
Marchigüe, Cabernet, Colchagua Valley 2013
Oberon, Cabernet 2014
Hedges, Red Mountain 2012
Balboa, Rose of Grenache 2015
Ontañón, Rioja Reserva 2015
Three Horse Ranch, Pinot Gris 2014
Archery Summit, Vireton Pinot Gris 2014
Nelms Road, Merlot 2013
Chateau Ste. Michelle, Pinot Gris 2014
Conn Creek, Cabernet, Napa 2012
Conn Creek, Cabernet, Napa 2013
Villa Maria, Sauvignon Blanc 2015
G3, Cabernet 2013
Chateau Smith, Cabernet, Washington State 2014
Abacela, Vintner's Blend #16
Willamette Valley, Rose of Pinot Noir, Whole Clusters 2015
Albero, Bobal Rose 2015
Ca' del Baio Barbaresco Valgrande 2012
Goodfellow, Reserve Pinot Gris, Clover 2014
Lugana, San Benedetto 2014
Wente, Cabernet, Charles Wetmore 2011
La Espera, Cabernet 2011
King Estate, Pinot Gris 2015
Adelsheim, Pinot Gris 2015
Trader Joe's, Pinot Gris, Willamette Valley 2015
La Vite Lucente, Toscana Red 2013
St. Francis, Cabernet, Sonoma 2013
Kendall-Jackson, Pinot Noir, California 2013
Beaulieu, Cabernet, Napa Valley 2013
Erath, Pinot Noir, Estate Selection 2012
Abbot's Table, Columbia Valley 2014
Intrinsic, Cabernet 2014
Oyster Bay, Pinot Noir 2010
Occhipinti, SP68 Bianco 2014
Layer Cake, Shiraz 2013
Desert Wind, Ruah 2011
WillaKenzie, Pinot Gris 2014
Abacela, Fiesta Tempranillo 2013
Des Amis, Rose 2014
Dunham, Trautina 2012
RoxyAnn, Claret 2012
Del Ri, Claret 2012
Stoppa, Emilia, Red 2004
Primarius, Pinot Noir 2013
Domaines Bunan, Bandol Rose 2015
Albero, Bobal Rose 2015
Deer Creek, Pinot Gris 2015
Beaulieu, Rutherford Cabernet 2013
Archery Summit, Vireton Pinot Gris 2014
King Estate, Pinot Gris, Backbone 2014
Oberon, Napa Cabernet 2013
Apaltagua, Envero Carmenere Gran Reserva 2013
Chateau des Arnauds, Cuvee des Capucins 2012
Nine Hats, Red 2013
Benziger, Cabernet, Sonoma 2012
Roxy Ann, Claret 2012
Januik, Merlot 2012
Conundrum, White 2013
St. Francis, Sonoma Cabernet 2012

The Occasional Book

Phil Stanford - Rose City Vice
Kenneth R. Feinberg - What is Life Worth?
Kent Haruf - Our Souls at Night
Peter Carey - True History of the Kelly Gang
Suzanne Collins - The Hunger Games
Amy Stewart - Girl Waits With Gun
Philip Roth - The Plot Against America
Norm Macdonald - Based on a True Story
Christopher Buckley - Boomsday
Ryan Holiday - The Obstacle is the Way
Ruth Sepetys - Between Shades of Gray
Richard Adams - Watership Down
Claire Vaye Watkins - Gold Fame Citrus
Markus Zusak - I am the Messenger
Anthony Doerr - All the Light We Cannot See
James Joyce - Dubliners
Cheryl Strayed - Torch
William Golding - Lord of the Flies
Saul Bellow - Mister Sammler's Planet
Phil Stanford - White House Call Girl
John Kaplan & Jon R. Waltz - The Trial of Jack Ruby
Kent Haruf - Eventide
David Halberstam - Summer of '49
Norman Mailer - The Naked and the Dead
Maria Dermoȗt - The Ten Thousand Things
William Faulkner - As I Lay Dying
Markus Zusak - The Book Thief
Christopher Buckley - Thank You for Smoking
William Shakespeare - Othello
Joseph Conrad - Heart of Darkness
Bill Bryson - A Short History of Nearly Everything
Cheryl Strayed - Tiny Beautiful Things
Sara Varon - Bake Sale
Stephen King - 11/22/63
Paul Goldstein - Errors and Omissions
Mark Twain - A Connecticut Yankee in King Arthur's Court
Steve Martin - Born Standing Up: A Comic's Life
Beverly Cleary - A Girl from Yamhill, a Memoir
Kent Haruf - Plainsong
Hope Larson - A Wrinkle in Time, the Graphic Novel
Rudyard Kipling - Kim
Peter Ames Carlin - Bruce
Fran Cannon Slayton - When the Whistle Blows
Neil Young - Waging Heavy Peace
Mark Bego - Aretha Franklin, the Queen of Soul (2012 ed.)
Jenny Lawson - Let's Pretend This Never Happened
J.D. Salinger - Franny and Zooey
Charles Dickens - A Christmas Carol
Timothy Egan - The Big Burn
Deborah Eisenberg - Transactions in a Foreign Currency
Kurt Vonnegut Jr. - Slaughterhouse Five
Kathryn Lance - Pandora's Genes
Cheryl Strayed - Wild
Fyodor Dostoyevsky - The Brothers Karamazov
Jack London - The House of Pride, and Other Tales of Hawaii
Jack Walker - The Extraordinary Rendition of Vincent Dellamaria
Colum McCann - Let the Great World Spin
Niccolò Machiavelli - The Prince
Harper Lee - To Kill a Mockingbird
Emma McLaughlin & Nicola Kraus - The Nanny Diaries
Brian Selznick - The Invention of Hugo Cabret
Sharon Creech - Walk Two Moons
Keith Richards - Life
F. Sionil Jose - Dusk
Natalie Babbitt - Tuck Everlasting
Justin Halpern - S#*t My Dad Says
Mark Herrmann - The Curmudgeon's Guide to Practicing Law
Barry Glassner - The Gospel of Food
Phil Stanford - The Peyton-Allan Files
Jesse Katz - The Opposite Field
Evelyn Waugh - Brideshead Revisited
J.K. Rowling - Harry Potter and the Sorcerer's Stone
David Sedaris - Holidays on Ice
Donald Miller - A Million Miles in a Thousand Years
Mitch Albom - Have a Little Faith
C.S. Lewis - The Magician's Nephew
F. Scott Fitzgerald - The Great Gatsby
William Shakespeare - A Midsummer Night's Dream
Ivan Doig - Bucking the Sun
Penda Diakité - I Lost My Tooth in Africa
Grace Lin - The Year of the Rat
Oscar Hijuelos - Mr. Ives' Christmas
Madeline L'Engle - A Wrinkle in Time
Steven Hart - The Last Three Miles
David Sedaris - Me Talk Pretty One Day
Karen Armstrong - The Spiral Staircase
Charles Larson - The Portland Murders
Adrian Wojnarowski - The Miracle of St. Anthony
William H. Colby - Long Goodbye
Steven D. Stark - Meet the Beatles
Phil Stanford - Portland Confidential
Rick Moody - Garden State
Jonathan Schwartz - All in Good Time
David Sedaris - Dress Your Family in Corduroy and Denim
Anthony Holden - Big Deal
Robert J. Spitzer - The Spirit of Leadership
James McManus - Positively Fifth Street
Jeff Noon - Vurt

Road Work

Miles run year to date: 113
At this date last year: 155
Total run in 2016: 155
In 2015: 271
In 2014: 401
In 2013: 257
In 2012: 129
In 2011: 113
In 2010: 125
In 2009: 67
In 2008: 28
In 2007: 113
In 2006: 100
In 2005: 149
In 2004: 204
In 2003: 269

Clicky Web Analytics