Two Florida school officials won't go to jail for praying

[kandrathe]

B ) If someone said "I lost 60% of my assets last year", when what they meant was "I lost 60% of the equity in my house" when they had substantial savings and investments that declined much less, that would not be vague - it would be wrong. You can't just take a number for a small part of X, then neglect to say it doesn't refer to the whole of X. This is not hair splitting - this is about a trillion dollars we are making appear and disappear.

More like... "I lost 60% of the value in my stock portfolio, or at least one of them..."

The AP story from last April highlights, "Other figures in an Associated Press analysis underscore the recession’s impact: Individual income tax receipts are down 22 percent from a year ago. Corporate income taxes are down 57 percent. Social Security tax receipts could drop for only the second time since 1940, and Medicare taxes are on pace to drop for only the third time ever."

Look, this is quibbling. Ok, more accurately then... Obama has tripled the deficit while watching overall corporate tax revenues plummet by 57% and overall revenues drop from between 18 and 25% for FY 2009. If he mucks this up, and we descend into further economic chaos, then he's Herbert Hoover. If he implements a bunch of socialism and adds 150,000 to 250,000 troops in Afghanistan to bail us out then he's FDR lite. In order to be another full FDR, then he'd need a world war against the axis of evil... which looks to be shaping up as North Korea, parts of South America, Libya, and Iran. Although, at this point, they are not much of a threat other than the potential ability to lob a few nasty missiles around. {Sure would be nice to have that missile defense about now...}