Here are some New Orleans webcams

[--Pete]

Hi,

The plan for all modern economic theries is to use debt to pay for a crisis.
[right][snapback]88458[/snapback][/right]

Yep. But there's *always* some kind of crisis. Hurricane, tornado, earthquake, power grid failure, etc., ad nauseum. The problem with the implementation of all economic policies that I've ever seen is basically optimism. The "This year nothing bad will happen." mentality. Until the budget is designed with a reasonable (say, for instance, based on the average level actually spent in four of the five previous years) contingency in mind, the budget will fail. And deficit spending, leading to increased national debt and a 30% surcharge on the budget will continue.

Politicians seem to be, as a class, incapable of seeing any available funds (be they revenue or available debt) unspent. And, equally, they are incapable of remembering that much of each year's budget is already committed to ongoing programs (but, hey, after all the commitment to those programs is just based on politicians' word of honor -- i.e., no commitment at all).

So, yeah, by all means argue which 'economic theories' are better and worse. But keep in mind that the application of those theories is in the hands of self serving short sighted scumbags, whose only goal in life is to feed at the public through as long as they can get away with it.

A pox on both their houses.

--Pete