history of the U.S. public debt

During the presidency of George W. Bush, debt held by the public increased from $3.339 trillion in September 2001 to $6.369 trillion by the end of 2008. In the aftermath of the Global Financial Crisis and related significant revenue declines and spending increases, debt held by the public increased to $11.917 trillion by the end of July 2013, under the presidency of Barack Obama. …

638px-Federal_Debt_Held_by_the_Public_1790-2013

More important is the increasing of debt/GDP.

G.W. Bush was the worst President ever in his second term.

Obama was the second worst President ever in his first term. … Of course Obama had to take over the mess left to him on G.W.’s watch.

In any case, regardless of which Party wins the Presidency of the USA, I can’t see how the USA can ever repay that debt. They cannot grow the economy enough (as they could after WW II). And they cannot pay it back.

Something will happen.

Default?

Comcast Worst Company In America 2014

Congratulations To Comcast, Your 2014 Worst Company In America

Worst-Companies-in-America-2014

A new example of how Comcast sucks.

Ryan Block, formerly of Engadget and now at AOL, called Comcast to cancel his service, but instead of politely obliging and going ahead with his request, the representative on the line insisted on taking him through a circular argument to find out the reason why he was canceling …

Block was able to capture about eight minutes of the call and has posted the audio to his Soundcloud account …

Comcast’s customer service nightmare is painful to hear

Yeesh. That is painful.

What’s the response from Comcast?

Comcast Memo: Rep From “Painful” Retention Call Was Doing “What We Trained Him To Do”

John Oliver on Nuclear Weapons

Here are the leading causes of preventable death in the USA.

Causes_of_accidental_death_by_age_group

A motor vehicle crash the greatest danger for most people.

Personally, I worry most about Nuclear weapons. The world could be quickly destroyed.

Click PLAY or watch John Oliver’s profane rant on YouTube.

America’s lost oomph

The Economist posted on how the greatest economy in the world in the 1990s got so feeble by 2014.

lost oomph

Points include:

– America’s broken immigration system.

Obamacare, though good in other respects, tends to shrink the labour force …

outdated social safety net

– (the USA) has not raised the retirement age

– allowed its disability-insurance system to become an ersatz welfare scheme

… the odds rise that America’s economy will continue to lumber along at an underwhelming pace, and Americans will have no one to blame but their leaders.

America’s lost oomph

Worse, I see little chance for any serious reform over the next 2 years under Obama.

And not much more chance under President Clinton. As things worsen in America, voters will lash out by voting against the President’s Party in mid-term elections.

More gridlock.

😦

anti-immigration Americans

The USA is a land of immigrants and descendants of immigrants.

Yet many Americans are anti-immigration. Especially Muslim immigration.

In the past other immigrants were despised. My own grandparents all moved to Canada from Ireland. I assume they were none too popular, when they first arrived, with the residents of southern Alberta.

More Americans are against illegal immigration. I would count myself amongst them. It’s not fair for immigrants to jump the queue.

However, if your heart goes out to one of those El Salvador children at the American border, I’d urge you to donate to relief agencies. Even to adopt.

This cartoon on Facebook ended up drawing some interesting comments.

USA immigration

The American border situation right now is a dilemma.

A new law needs be passed. The current law does not work.

Congress must pass that law first. The President must then sign it.

They have no excuse not to get that done immediately. Vote out any Congressman who does not act on this issue.

___

related – Laura Ingraham is a hateful bitch

Of all right wing idiot pundits, Ingraham is worst in my experience:

“No. 1, first thing you do is start deporting people, not by the hundreds, not by the dozens, by the thousands,” the conservative radio talk show host said. “That means entire families, not just the father or mother, but we keep families unified by deporting all people who are here illegally.”

Bill O’Reilly:

“I do believe that if you do mass deportations … that the Republican Party would become obsolete, that it would ensure Hillary Clinton’s election in 2016 because demographics don’t add up.”

“That’s the left’s argument,” Ingraham said in response. “You are adopting the argument of the left.”

O’Reilly pointed out that other Republicans, such as Sen. John McCain of Arizona and strategist Karl Rove share the argument. …

Politico

John Oliver on the Wealth Gap

It’s obvious that the American wealth gap cannot keep increasing forever.

The poor may rise up. The rich could flee to secure compounds. … Or something else will happen to start closing that insane, unsustainable disparity.

I’ve followed the issue. But this comedian has some factoids new to me.

Click PLAY or watch it on YouTube.

Tea Party explained

Like the Occupy Wall Street shouters, many of the Tea Party protesters provide valuable feedback on  American political and economic systems that are deeply flawed.

But you can’t seriously want either Occupy Wall Street or Tea Party extremists to hold Office. Those are “protest movements”, not political parties.

Click PLAY or watch it on YouTube.

Uber disrupting the taxi industry

I hate taxis. 😦

And would love to support ANY alternative.

Uber sounds great. 🙂

Uber is a venture-funded startup and transportation network company based in San Francisco, California, that makes mobile apps that connects passengers with drivers of vehicles for hire and ridesharing services. …

Uber has been accused in several jurisdictions of illegal taxicab operation. …

On 11 June 2014, in a concerted action, taxis blocked roads in major European cities in protest against what they perceive as a threat to their livelihood by companies such as Uber. The cabbies contended that Uber and similar smartphone app-based services have an unfair advantage because they’re not subjected to the same kinds of fees and regulations placed on taxis. …

Uber_Car_Service

Google is one of the biggest investors.

Uber is not always the faster, cheaper option. But it will be, eventually.

Citizen Koch – billionaires buy politicians

Rich guys that hand you money expect results. As do Mafia kingpins.

Citizen Koch is a 2013 documentary film directed by Tia Lessin and Carl Deal concerning the political influence of American plutocrats following the Citizens United ruling, and of the Koch brothers in particular. …

Click PLAY or watch it the Trailer on citizenkoch.com.