I'm interrupting my series on Government Real Fiscal Responsibility to being you this special post, on something Chris Hayes said relating to Real Fiscal Responsibility. Back in February of 2014, he tweeted:
— All In w/Chris Hayes (@allinwithchris) March 1, 2014
Recently, that tweet along with an image has been making the rounds on Facebook as an Alternet photo. The sound bite in the tweet looks great, after the manner of a logical truism.
But, logically, it doesn't follow, because one can easily say that as long as the Government implicit in the statement isn't a currency issuer, but a currency user who must acquire its funds by taxing or borrowing alone, that Government can involuntarily run out of funds. And it is conceivable that funds might be raised to fund a war, while that same Government might not have the funds available to take care of the people who fought for the nation, without defaulting on its obligations. Read more about Real Fiscal Responsibility: What Chris Hayes Said
Crossposted over at themontanamaven.com
Might be a good idea to have a Weasology Handbook. To his credit yesterday Chris Hayes on his show "UP" signaled a problem with the words "high quality" as in "high quality charter schools" after one of his guests, Darrell Bradford of something called "Better Education For Kids" praised some charters in Chicago. Yeh, of course high quality charter schools are just great, Chris laughed. Who doesn't love "high quality" anything? So he was right to warn us about this phrase. But he let the phrase "high quality pre-school education" be defined by his guests without real analysis*. As defined by most of his guests this morning, high quality preschool education was about learning...get this..."persistence, "discipline" and my favorite, "finishing things." The professor (and to my chagrin a woman) also emphasized how spongy little brains are at 4 years old. Ugh.
My psychological type in Myers/Briggs Jungian land is an ENTP (extroverted intuitive thinking perceiver). Didn't discover this until I was around 42. Much to my relief, my type just doesn't finish things. Once we mostly master something, we move on. We are notorious for not completing things like degrees and we rarely put the degrees we do achieve up on the wall. We move from project to project. My former husband was quite kind but used to lament the many different piles of dirt and stones around our cabin of projects I had started and then grown bored with. I didn't finish my dissertation for my Ph.D in theater and film. Ran off to New York instead. My friend and I wrote a whole book about what it was like for two Hollywood New York movie agents to fly the coop; her moving to Italy and me moving to Montana. We got through many drafts and then both of us started other projects. What a relief to discover that it is just my nature to not always finish things. I do finish making dinner. I finish most books although I am simultaneously reading 5 books right now (four non-fiction and one fiction). I'm pretty loyal and probably should have finished one marriage sooner than I did. If I do finish, I often make a strong finish. But nobody really knows if I will finish or take a turn and jump over the fence and run away. Read more about Weaselology Entry for Today - "High Quality"
A brief moment on a weekend show illustrates the way the notorious 2008 bailout is increasingly not acknowledged.
Cross posted from Pruning Shears.
On last Sunday's "Up With Chris Hayes" there was a discussion about political calculations for Republicans. The question was whether to work with Democrats or go with straight obstructionism. At one point Hayes said:
Bob Bennett was a fairly conservative senator from Utah, right, of long standing, he was not some super lefty heterodox guy, right? And his huge heterodoxy was that he had cosponsored a health care bill with Ron Wyden. It was not the health care bill that actually got passed. It was called the Wyden-Bennett, and in fact, a lot of Republicans later said, well, we really like Wyden-Bennett, right? But what happened to Bob Bennett just for cosponsoring this health care bill? He went back to Utah and got booted out in that state's Republican convention after serving, what, two or three terms, OK.
Did the MSM's new wave of commentaries on platinum coin seigniorage (PCS) miss the really big story about it? Of course, I think it did, and I'll continue my review of the MSM commentaries with the efforts of Chris Hayes at MSNBC, substituting as host on the Rachel Maddow show (12/05 at 9:20 PM); and John Carney at CNBC (12/06 at 11:54 AM). This is my second review post on this subject.
I don't watch the Sunday morning political talk shows. Haven't for a couple years now. The only one I allow myself to watch sometimes is "Up" with Chris Hayes since ever once in awhile some actual alternative voice pops up like the wonderful Occupy the SEC woman whose name I can't remember. Read more about It's a Set Up - It's not about Obama or Romney