truthmakesfree

July 28, 2011

Yikes! Congressman Polis: 3.75% – 2.98% = 1.75% — “almost 2%”

Filed under: blog,Economy,humor,ignorance,Politics — Tony Whitson @ 6:50 pm
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Note: An updated and expanded post on this is now at http://wp.me/p1V0H-1ri
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OK, I know the GOP ideology drunkards with their mantra about job-killing taxes are exhibiting potentially catastrophic ignorance, mendacity, or both.

Having said that, what about this stunning performance by Jared Polis (D-CO) in the debate on the House floor today (July 28, 2011): 2½ minutes were yielded to Polis so he could present prepared remarks, equiped with a neatly-printed three-color chart showing yields and interest rates paid by countries rated AAA vs. AA. The bottom line in each column listed average interest rates as 3.75% for the countries rated AA (which is what could happen to the US as a result of this nonsense) vs. 2.98% for countries with a AAA rating (like the US has today).

In prepared remarks, with the poster facing everybody, Polis said that the difference between those interest rates is “1.75% … almost 2%,” and went on about how much this difference would amount to in interest payments on debts in the trillions over ten years.

With compound interest on that much over that long, even the difference between his “2%” and the actual .77% difference between the rates he was showing would be quite substantial!

How could anybody watching not have seen this? Apparently, the GOP Congressman who followed to answer him did not see it. I don’t know if anybody mentioned it after that.

Congress members have the privilege of correcting their floor speeches before they are permenantly published in the Congressional Record. I’ll be interested in seeing if this one does get corrected.

And these people are making the decisions about our nation’s finances?

December 13, 2008

Blago’s hair: Sign of Insanity, or Homage to Johnny Carson character?

Filed under: blog,humor,Politics — Tony Whitson @ 2:13 pm
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Staff reporter Stefano Esposito at the Chicago Sun-Times raises the question: Is Blago’s hair a sign of sickness? He reports:

Gov. Blagojevich’s glossy locks — perfectly sculpted in rain or snow — may be an indication of a sickness beneath his scalp, said one local psychologist.

“It’s all part of managing his image, managing his image of being without a blemish, without a flaw,” said Scott Ambers, who has practiced clinical psychology in the city for more than two decades.

Several psychologists interviewed one day after the governor’s arrest agreed that he might be suffering from an affliction known as narcissistic personality disorder.

Johnny Carson as "Art Fern" -- with Carol Wayne

Johnny Carson as "Art Fern" -- with Carol Wayne

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Apparently, this reporter, and the psychologists he interviewed, are deficient in the “Cultural Literacy” wikipedia to recognize Blago’s hairdo as an homage to the late Johnny Carson — and, more specifically, to Carson’s “Art Fern” character wikipedia.

Here are a couple clips of Art Fern with Carol Wayne:

And here’s one with the Governor himself:

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