Flap’s Links and Comments for August 26th through August 29th
Posted by Flap in Pinboard Links
These are my links for August 26th through August 29th:
- A Short Primer on the National Debt – With the national debt certain to be a front-and-center issue in the 2012 campaign, it is important to understand the true measure of its size. That size seems to vary considerably in news reports. Some news organizations use the debt held by the public, others use total debt. Still others report total future liabilities of the federal government, without making clear what, exactly, that means.
So, a few definitions. The total national debt of the United States is the sum of all federal bills, notes and bonds that have been issued by the Treasury and not yet redeemed. The publicly held debt is the sum of the Treasury securities held by individuals, financial institutions and foreign governments. (That's not just the Chinese, by the way. Both Great Britain and Japan are also major holders of U.S. debt, as are many other countries in lesser amounts.)
The intra-governmental debt is the sum of Treasury bonds held by agencies of the federal government, principally the so-called Social Security Trust Fund. The liabilities equal the future pensions, health care, Social Security payments, etc., that are promised under current legislation.
But while the Treasury securities bear the full faith and credit of the United States and any failure to pay the interest or redeem the principal in a timely fashion would be a default, the liabilities are liabilities only so long as current law remains unchanged. If, for instance, Congress were to adjust the formula by which Social Security cost-of-living increases were calculated or change the age of eligibility, future federal liabilities would shrink by trillions of dollars instantly.
======
Read it all
- An Open Letter to GOP NLRB Member Brian Hayes: Please Resign Immediately – Dear Member Hayes:
Our nation stands at the precipice of disaster, its future generations are indebted due to the overindulgent spending of politicians from both political parties. Our unemployment is untenably high, our welfare roles expanded beyond reason, both with no signs of easing. Meanwhile, our nation’s job creators are burdened with an over-regulating, activist government whose sole existence at this point is to appease special constituencies. It is for these reasons, and more, that you are urged to resign your position as a member of the National Labor Relations Board.
Given last year’s Supreme Court decision in New Process Steel, you know that the National Labor Relations Board must have three members to effectuate its rulings and decisions. You may recall the reason for the New Process Steel decision stemmed from Senate Democrats’ purposeful and calculating decision not to allow President Bush’s nominees to be confirmed as members to the National Labor Relations Board, as well as the blocking of any recess appointments.
With the expiration of Chairman Liebman’s term this past weekend, the NLRB is once again down to three members—two union appointees (newly appointed Chairman Mark Pearce and Member Craig Becker) and yourself. If you resign your position, the NLRB will become incapacitated—unable to wreak any more havoc on America’s job creators. Moreover, as long as Congress does not go into recess, thereby depriving the President the ability to recess appoint any more union extremists, America’s employers may begin to breathe with some ease again and, as a result, begin to create jobs.
With NLRB Member Becker’s recess appointment expiring in January, as long as Congress does not go into recess, the NLRB will be incapacitated anyway following the expiration of Becker’s recess appointment. However, the destruction that the union activists at the NLRB are capable of doing between now and January is without precedent, as evidenced by last Thursday’s NRLB mandate on all NLRB-covered employers to post union notices in their workplaces (or, as penalty, be charged with an unfair labor practice) that you and others have stated is without Congressional authority.
======
Read it all
- California Amazon.com Internet Sales Taxes – The Week to Come » Flap’s California Blog – California Amazon.com Internet Sales Taxes – The Week to Come
- Flap’s Dentistry Blog: Social Media Drills Bakersfield Pediatric Dentist Dr. Dove – Social Media Drills Bakersfield Pediatric Dentist Dr. Dove
- Day By Day August 28, 2011 – Cat Chow | Flap’s Blog – FullosseousFlap’s Dental Blog – Day By Day August 28, 2011 – Cat Chow #tcot #catcot
- Dilbert August 28, 2011 – Honest Opinion » Flap’s California Blog – Dilbert August 28, 2011 – Honest Opinion
- California Legislators Push New Internet Sales Tax Bill to Thwart Amazon.com Referendum | Flap’s Blog – FullosseousFlap’s Dental Blog – California Legislators Push New Internet Sales Tax Bill to Thwart Amazon.com Referendum | Flap's Blog – Fullosse…
- @Flap Twitter Updates for 2011-08-28 | Flap’s Blog – FullosseousFlap’s Dental Blog – @Flap Twitter Updates for 2011-08-28 #tcot #catcot
- California Legislators Push New Internet Sales Tax Bill to Thwart Amazon.com Referendum | Flap’s Blog – FullosseousFlap’s Dental Blog – California Legislators Push New Internet Sales Tax Bill to Thwart Amazon.com Referendum | Flap's Blog – Fullosse…
- California Legislators Push New Internet Sales Tax Bill to Thwart Amazon.com Referendum | Flap’s Blog – FullosseousFlap’s Dental Blog – RE: I have heard from quite a number of folks about them leaving California for greener, lower taxed and lower regula…
- Arrogant Democrat Legislators Propose Changes to California Initiative Process » Flap’s California Blog – Arrogant Democrat Legislators Propose Changes to California Initiative Process
- Dilbert August 27, 2011 – Crimes » Flap’s California Blog – Dilbert August 27, 2011 – Crimes
- Day By Day August 27, 2011 – Cookin’ With Grease | Flap’s Blog – FullosseousFlap’s Dental Blog – Day By Day August 27, 2011 – Cookin’ With Grease #tcot #catcot
- foursquare – Post six miles with Alice and Tara (@ Ronnie's Diner)
- Capitol Weekly: State Democratic Party targets mail vote to boost L.A. turnout – Capitol Weekly: State Democratic Party targets mail vote to boost L.A. turnout
- Capitol Weekly: State Democratic Party targets mail vote to boost L.A. turnout – Capitol Weekly: State Democratic Party targets mail vote to boost L.A. turnout
- Capitol Weekly: State Democratic Party targets mail vote to boost L.A. turnout – Capitol Weekly: State Democratic Party targets mail vote to boost L.A. turnout
- Capitol Weekly: Big Daddy – Capitol Weekly: Big Daddy
- Capitol Weekly: Big Daddy – Capitol Weekly: Big Daddy
- Capitol Weekly: Big Daddy – Capitol Weekly: Big Daddy
- @Flap Twitter Updates for 2011-08-27 | Flap’s Blog – FullosseousFlap’s Dental Blog – @Flap Twitter Updates for 2011-08-27 #tcot #catcot
- Capitol Weekly: State Democratic Party targets mail vote to boost L.A. turnout – Capitol Weekly: State Democratic Party targets mail vote to boost L.A. turnout
- Capitol Weekly: State Democratic Party targets mail vote to boost L.A. turnout – Capitol Weekly: State Democratic Party targets mail vote to boost L.A. turnout
- Capitol Weekly: State Democratic Party targets mail vote to boost L.A. turnout – Capitol Weekly: State Democratic Party targets mail vote to boost L.A. turnout
- Capitol Weekly: State Democratic Party targets mail vote to boost L.A. turnout – Capitol Weekly: State Democratic Party targets mail vote to boost L.A. turnout
- Capitol Weekly: Big Daddy – Capitol Weekly: Big Daddy
- Capitol Weekly: Big Daddy – Capitol Weekly: Big Daddy
- Capitol Weekly: Big Daddy – Capitol Weekly: Big Daddy
- Capitol Weekly: Big Daddy – Capitol Weekly: Big Daddy
- Gregory Flap Cole – Google+ – Looks like Facebook is on total tilt of Google+…. so much… – Looks like Facebook is on total tilt of Google+…. so much so they are changing their UI to match (or exceed) Googl…
- Capitol Weekly: State Democratic Party targets mail vote to boost L.A. turnout – California State Democratic Party targets mail vote to boost L.A. turnout
- Capitol Weekly: Big Daddy – Capitol Weekly: Big Daddy
- Capitol Weekly: Big Daddy – Capitol Weekly: Big Daddy
- Capitol Weekly: Big Daddy – Capitol Weekly: Big Daddy
- Capitol Weekly: State Democratic Party targets mail vote to boost L.A. turnout – California State Democratic Party targets mail vote to boost L.A. turnout
- Flap’s Links and Comments for August 26th on 18:21 | Flap’s Blog – FullosseousFlap’s Dental Blog – Flap’s Links and Comments for August 26th on 18:21 #tcot #catcot
Entries (RSS)