Understanding the Debt Ceiling

It’s complicated and most people do not understand what the debt ceiling actually is.

Robert Smith of NPR says it’s like this:

The way I put it is that Congress has already ordered the pizza. They approved the pepperoni. They called up and had someone deliver it … Now the pizza guy is knocking at the door, and asking to get paid. If you don’t raise the debt ceiling, it’s like saying we didn’t want that pizza in the first place. Maybe he’ll go away if we don’t answer.

If you’d like to understand a little bit more, read 7 mistakes journalists make when covering the debt ceiling debate (& how to avoid them), a rather painless and relatively brief explanation.

Idle thought

I’m sick. I’ve been sick all week. Sinus infection I guess. Who the hell knows? Not any doctor I’m sure. Head hurts, inside out, eyes run faster than I ever did, I’m grabbing and poking at my ears like I was a toddler.

Anyway, I was just sitting here feeling sorry for myself when I began thinking — there’s either two HeineKens (Ken, get it?) in the refrigerator or one.

If there are two, then I think I’ll drink one. There’ll still be one left.

And if there is just one, I think I’ll drink it. Who wants just one beer in the fridge?

27 Club

“Now he’s gone and joined that stupid club, I told him not to join that stupid club.”

Wendy O’Connor, Kurt Cobain’s mother when Cobain joined the 27 Club.

Amy Winehouse joined the Club today. Robert Johnson, Brian Jones, Jim Morrison, Jimi Hendrix, Janis Joplin and Cobain lead the way. All died at age 27.

http://www.youtube.com/watch?v=-7JVxE2SYxo

http://www.youtube.com/watch?v=bng3agUOYiI

http://www.youtube.com/watch?v=nWRrWpmMU6A

http://www.youtube.com/watch?v=IlRF43-xaYc

July 23rd

Daniel Radcliffe is 22 today.

Supreme Court Justice Anthony Kennedy is 75. Ginsburg (78) and Scalia (75 in March) are older; Breyer will be 73 next month.

Actor Ronny Cox is 73. Cox, a Cloudcroft, New Mexico, native, is perhaps most famous as Lt. Andrew Bogomil of the Beverly Hills Police Department, but he has more than 120 credits listed at IMDB.

Don Imus is 71 today.

Woody Harrelson is 50. Harrelson was nominated for best actor for The People vs. Larry Flynt and won one Emmy for playing Woody on Cheers.

Saul Hudson is 46. He’s better known as Slash of Guns N’ Roses.

Oscar-winner Philip Seymour Hoffman is 44.

Alison Krauss is 40. (Get to see her in a few weeks.)

Raymond Chandler was born on July 23rd in 1888.

His parents were Irish, and after his father left the family, his mom moved them back to Ireland, and he grew up there and in England. He moved back to America and settled in California.

He wrote pulp fiction about the city of Los Angeles and a detective there named Philip Marlowe. Chandler’s first novel was The Big Sleep (1939), which sold well and was made into a movie in 1946 with Humphrey Bogart and Lauren Bacall — William Faulkner co-wrote the screenplay. Chandler wrote seven more novels featuring Philip Marlowe, who became the quintessential “hard-boiled” private eye, tough and street-smart and full of wise cracks. In Farewell, My Lovely (1940), Marlowe says: “I needed a drink, I needed a lot of life insurance, I needed a vacation, I needed a home in the country. What I had was a coat, a hat and a gun.”

The Writer’s Almanac with Garrison Keillor (2010)

The Ford Motor Company sold its first automobile 108 years ago today.

And the Detroit “12th Street Riot” began on July 23rd in 1967. Before it was over 43 were dead, 342 injured and 1,400 buildings burned.

The Democrats’ Richard Nixon?

… Although Republicans routinely accuse him of being a socialist, an honest examination of his presidency must conclude that he has in fact been moderately conservative to exactly the same degree that Nixon was moderately liberal.

Here are a few examples of Obama’s effective conservatism:

  • His stimulus bill was half the size that his advisers thought necessary;
  • He continued Bush’s war and national security policies without change and even retained Bush’s defense secretary;
  • He put forward a health plan almost identical to those that had been supported by Republicans such as Mitt Romney in the recent past, pointedly rejecting the single-payer option favored by liberals;
  • He caved to conservative demands that the Bush tax cuts be extended without getting any quid pro quo whatsoever;
  • And in the past few weeks he has supported deficit reductions that go far beyond those offered by Republicans.

Bruce Bartlett, The Fiscal Times

July 21st

It’s the birthday

… of Janet Reno, the only woman attorney general of the United States. She is 73.

… of actor Edward Herrmann, either FDR or a Gilmore. He is 68.

… of Doonesbury cartoonist Garry Trudeau. He’s 63.

… of Yusuf Islam, also 63. He was born Steven Demetre Georgiou. Much of his life he was known as Cat Stevens and he sold 60 million albums. Stevens wrote “The First Cut is the Deepest,” a hit for four artists, most recently Sheryl Crow. In 2006, he returned to music after nearly 30 years; his new stage name is Yusuf.

… of Mork. Robin Williams is 60. Williams has been nominated for the best actor Oscar three times without winning. He did win the best supporting actor Oscar for Good Will Hunting.

… of Jon Lovitz. He’s 54. Fresh!

… of Brandi Chastain. She’s 43.

… and of C.C. Sabathia, 31.

Sara Elizabeth Dougherty was born in Copper Creek, Virginia, on July 21st 1898. She married A.P. Carter in 1915, and with his brother’s wife Maybelle Addington Carter formed the Carter Family. They made their first recordings on August 2, 1927, at the famous Bristol Sessions.

In August 1927 three musicians arrived at a makeshift recording studio in Bristol, Tennessee, to audition for a talent scout from the Victor Talking Machine Company. The songs A.P. Carter, his wife Sara and her cousin Maybelle recorded that day drew upon the rich musical traditions of their native rural Appalachia. The Carter Family sang of love and loss, desperation and joy, and their music captured the attention of a nation entering the darkest days of the depression. In the coming years, with the release of songs such as Keep on the Sunnyside, Will the Circle Be Unbroken and Wildwood Flower, Carter Family record sales exploded. Success, however, brought sorrow to the Carter’s personal lives. As the demand for their music grew, A.P. Carter traveled across the Blue Ridge mountains seeking inspiration for new songs. During his long absences Sara fell in love with A.P.’s first cousin [Coy Bays]. Sara divorced A.P. in 1936, but the trio continued performing together until their eventual disbanding in 1943.

American Experience | The Carter Family: Will the Circle Be Unbroken

The timeline at the above site tells a little more of the story.

[in 1938-1939] Consolidated Royal Chemical Corporation pays the Carter Family the unheard-of sum of $75 per week, each, to do two shows a day on the border radio station XERA. The Carters move to Del Rio, Texas. Their music is broadcast by XERA’s 500 kilowatt transmitter to most of North America.

[In February 1939] Sara dedicates a song to Coy on XERA. Coy, living in California with his parents, hears the song and goes to Texas to find Sara. Coy and Sara are reunited, and marry on February 20 in Brackettsville, near Del Rio.

Ernest Hemingway was born on this date in 1899. He died a few weeks before his 62nd birthday in 1961. Hemingway was awarded the Nobel Prize for Literature in 1954 “for his mastery of the art of narrative, most recently demonstrated in The Old Man and the Sea, and for the influence that he has exerted on contemporary style.”

When I am working on a book or a story I write every morning as soon after first light as possible. There is no one to disturb you and it is cool or cold and you come to your work and warm as you write. You read what you have written and, as you always stop when you know what is going to happen next, you go on from there. You write until you come to a place where you still have your juice and know what will happen next and you stop and try to live through until the next day when you hit it again. You have started at six in the morning, say, and may go on until noon or be through before that. When you stop you are as empty, and at the same time never empty but filling, as when you have made love to someone you love. Nothing can hurt you, nothing can happen, nothing means anything until the next day when you do it again. It is the wait until the next day that is hard to get through.

Paris Review – The Art of Fiction No. 21, Ernest Hemingway [Interviewed by George Plimpton 1954]

Marshall McLuhan was born 100 years ago today.

Don Knotts was born on this date in 1924.

The Country for This Old Man

Cormac McCarthy is 78 today.

From the Cormac McCarthy web site:

Critics have compared Cormac McCarthy’s nightmarish yet beautifully written adventure masterpiece, Blood Meridian, or the Evening Redness in the West, with the best works of Dante, Poe, De Sade, Melville, Faulkner, Flannery O’Connor and William Styron. The critic Harold Bloom, among others, has declared it one of the greatest novels of the Twentieth Century, and perhaps the greatest by a living American writer. Critics cite its magnificent language, its uncompromising representation of a crucial period of American history, and its unapologetic, bleak vision of the inevitability of suffering and violence.

Carlos Santana

… was born in Autlan de Navarro, Mexico, 64 years ago today. His family migrated to the U.S. in the 1960s.

The Rock and Roll Hall of Fame introduces inductee Santana this way —

Guitarist Carlos Santana is one of rock’s true virtuosos and guiding lights. Since 1966, he has led the group that bears his surname, selling over 30 million albums and performing before 13 million people. Though numerous musicians have passed through Santana’s ranks, the continuing presence of Carlos Santana at the helm has insured high standards. From the earliest days, when Santana first overlaid Afro-Latin rhythms upon a base of driving blues-rock, they have been musical sorcerers. The melodic fluency and kineticism of Santana’s guitar solos and the piercing, sustained tone that is his signature have made him one of rock’s standout instrumentalists. Coupled with the polyrhythmic fury of drums, congas and timbales, the sound of Santana in full flight is singularly exciting. Underlying it all is Santana’s belief that music should “create a bridge so people can have more trust and hope in humanity.”

Roger Ebert’s Great Movies

For 99¢ you can purchase a portable digital version of Roger Ebert’s Great Movies. These are the reviews he has done in the past few years where he has gone back and watched a particular favorite film again and written an entirely new review. There are somewhat more than 300 now — he has published three large books — and for less than a buck you can get all 300+ with information on DVDs, Netflix streaming and so on. Such a deal.

Roger Ebert’s Great Movies for iPhone, iPod touch, and iPad