The Senate just passed, overwhelmingly, a bunch of tax cuts and the unemployment extension. It now goes on to the House, which will vote on the Senate's action Thursday. President Obama is urging the House to pass it despite some grumblings from Democrats that it doesn't make sense to pass a bill saying you can inherit estates at upwards of $10 million and not pay taxes on it. But, you know? We can pay for the money we lose from tax cuts and extending unemployment with ... um ... something. I hear investing in gold is popular right now. Or we can just continue to leverage on our unborn children's future and watch our infrastructure crumble around us. You don't mind if those 50-some-odd-year old pipes under your streets explode on you at random, right? Oh? You do care? Um ... Look over there! Facebook's Mark Zuckerberg is Time Magazine's "Person of the Year!" Isn't that interesting? NOTHING TO SEE HERE!!!
Mind you, I'm glad they passed the unemployment extension, but passing the tax cut too shows how serious deficit pimping Tea Party-backed candidates are about our debt. As in, yeah. Not that serious. Especially if you get to set your own national line of credit. And, seriously, who's ever going to cut the United States' off? WE'RE TOO BIG TO FAIL!!! If we go down we're taking the rest of the developed world with us.