Delaware Liberal

Open Thread [8.26.12]

Another Sunday and it’s another weekend where I haven’t gotten my own projects or errands done. Time for the primaries to get here!

Sussex County looks like it really got hit by storms yesterday and more are coming. Hope all of you are OK down there.

How about some reading material today?

Judge Richard Posner’s thinking evolves about taxation, regulation and the Constitution. This isn’t very long but gives us a look at something you don’t see very often — a Republican who looks at the world and adjusts his thinking to it.

James Fallows does a detailed analysis of what is at stake for the upcoming Presidential debates and the strengths and weaknesses of each candidate at debating.

Charlie Crist (former R Gov of Florida) endorses Barack Obama for President. Just as the GOP arrives in Tampa. How long before he comes out as a D and runs for Governor again?

This one (via The Big Picture) is very amusing indeed — 11 years ago yesterday, a BushCo flashback:

“President Bush said today that there was a benefit to the government’s fast-dwindling surplus, declaring that it will create ”a fiscal straitjacket for Congress.” He said that was ”incredibly positive news” because it would halt the growth of the federal government.

In a 45-minute news conference in a community hall next to an RV park here, Mr. Bush avoided specific answers to several questions about how he would find the money for his next big initiatives, from missile defense, to overhauling the military, to reforming Medicaid, without dipping into Social Security surpluses that both parties have declared off limits. And he made it clear he would not re-think his tax cut, saying, ”I can’t tell you how proud I am to be traveling around the country and people say, ‘Thanks for the $600.’ ”

At the same time, Mr. Bush talked in some detail about the economic slowdown, which he called a ”correction,” and left open the possibility that he might dip into the Social Security money if a further economic stimulus was needed . . .

In an age of suddenly scarce resources, though, he insisted that Congress must adjust its spending attitudes. ”The surest way to make sure that the recovery doesn’t happen in a meaningful period of time or a reasonable period of time is to overspend,” Mr. Bush said. He said his job was to ”make sure we keep fiscal sanity in the budget.”

Right? Right? How’s *that* bit of financial genius working out?

What interests you today?

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