Archive for 2025

OPEN THREAD: Ready, steady, go.

SEIZING THE MACHINERY OF GOVERNMENT:

TALK ABOUT COOKIN’ THE BOOKS: Officially, the U.S. National Debt is more than $37 trillion. But, as I report today at The Washington Stand, experts at Truth-in-Accounting (TIA), the Economic Policy Innovation Center (EPIC) and elsewhere point out, the actual debt is $158 Trillion. That’s because the federal government exempts itself from the same accounting rules it imposes on private and corporate businesses.

Let’s say you are the government and you just bought a new vehicle for $50,000 (including the interest on the loan). The monthly payment is $500. As things presently stand, your balance sheet only show a debt obligation of $500.

If you had $50K in hand, you could have slapped those bills on the table and driven away debt free. But the fact is you incurred an unfunded obligation you must repay at the rate of $500 per month for a total of $50,000.

That’s how the feds account for hundreds of trillions of dollars of unfunded obligations under Social Security, federal pensions, Medicare, loan guarantees and a host of other programs. And that’s why any time you see a politician in either party wringing their hands about that terrible $37 Trillion National Debt, ask them what they are doing about the other $121 Trillion.

BEING IN YOUR TWILIGHT YEARS TENDS TO DO THAT: CBS Is Rethinking Its Life Choices.

Of course, rumors and even accurate reports on ongoing negotiations don’t always pan out, and there’s a lot of ground to cover between telling [Bari] Weiss that she will have a big role at CBS and Weiss actually being able to implement durable changes at the network. Still, we can all enjoy the spectacle while it lasts. CBS News is probably second only to the Times as the oldest media enemy of conservatives, from the McCarthy era and the Tet Offensive to George H. W. Bush’s confronting Dan Rather on air and the 2004 “Rathergate” scandal, when Rather tried to get payback at Bush’s son, all the way up to Donald Trump’s lawsuit against 60 Minutes. And that’s just the abridged version. As Peggy Noonan quipped in 1990 of the long shadow of Edward R. Murrow at CBS News, during her time working for Rather before joining the Reagan White House, “It was Murrow who said, ‘Some stories don’t have two sides.’ At Auschwitz he was right. But the news isn’t always Auschwitz.”

Auschwitz, you say? ‘Free Speech Atty.’ Tries Running After Getting Rekt for Antisemitic Swipe at Bari Weiss Buuut We Got It.

CHRISTIAN TOTO: Hollywood Must Speak Out Against England’s Free Speech Assault. “The stars have been raging against President Trump for months, calling him a dictator who will snuff out free speech. Certainly, they’ll rise up en masse to decry Linehan’s arrest.”

Heh, no. But do read the whole thing.

HAHA:

OPEN — AND ESPECIALLY VIOLENT — ANTISEMITISM IS A GOOD BAROMETER FOR A CULTURE’S HEALTH:

WE KNOW WHAT UK POLICE AND ELITES DID…:

…but we also know what gets them riled up: