Indeed, none dare

None Dare Call It Default

The money quote:

Don't go running to a judge when this doesn't pan out. The courts do not overrule changes in government policy just because citizens find their promised free lunch isn't forthcoming. Nor will it be fruitful to appeal to politicians' sense of "fairness." Politicians can be relied on to do what will get them re-elected. And, believe it or not, that is the good news.

The rest is here.

Yet another reason to clean out Washington, DC

The Slow Death Of The American Republic: Seven Of Nation's Ten Wealthiest Counties Are In DC Area

Just in case you were wondering....

President Barack Obama's Complete List of Historic Firsts [Updated]

Sunday summary

Definitely NOT "Reaching across the aisle":  Obama Denies Catholic Cardinal’s Request to Say Prayer at DNC.

Tell me again how he supports small business: Obama tariff policy sinking a small US business.

In an AP interview with President Obama, President Obama returns to his failed 'Hope and Change' format:  "I'm prepared to make a whole range of compromises, some of which I get criticized from the Democratic Party on, in order to make progress."

 No, it's not right:

The Screwed Generation....

....and why it's turning to Paul Ryan.

California: yet another example .....

..... of how not to run a government.  ANY government.   California's so uncompetitive that even the basic core of the state's historic entertainment industry is looking for more fertile pastures.

Los Angeles losing the core of its TV production to other states

"...there will be no changes in Social Security"

Just when you think Joe Biden couldn’t be worse

An Inconvenient Truth*

Erskine Bowles: Barack Obama Scuttled the Deficit Commission's Work, Not Paul Ryan

*: Shamelessly stolen from Al Gore.

Welfare run amok

Here are some very scary charts and numbers.  A sampling:

– In the 1960s, there were 18 workers per Medicaid recipient. Today that number is 2.5.

– The number of Americans on disability has risen 19% faster than jobs created during this recovery.

– There are just 1.2 private sector workers per 1 person on welfare or working for government.

– There are now just 1.65 employed persons in private sector per 1 person on welfare assistance.

A "Ramen noodle filled retirement"

 The Social Security trust fund will start going bankrupt in 2013

The 2012 Social Security Trustees Report—the authoritative source on the program’s finances—states that the program’s “trust fund assets” will “continue to grow” through 2020, a claim that has been repeated by numerous sources as varied as US News & World Report, the AFL-CIO, and the American Academy of Actuaries. However, as revealed by data buried deeper in the 252-page Trustees Report, this assertion disregards the effects of inflation, which are projected to overrun any expected trust fund gains and contribute to an accelerating decline that will start in 2013.

The article and the links are worth the time to read.