Archive for October 16th, 2014

16
Oct
14

Night owl chat – Dizzy Gillespie, 1966, BBC Jazz 625

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Groove on, hepcats.

16
Oct
14

The Deficit Is Falling? You Can Thank President Obama

Obama GOP

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Brett Logiurato: The Budget Deficit Just Fell To Its Lowest Level Under Obama

The US budget deficit fell to about $483 billion in fiscal year 2014, almost a $200 billion drop from the previous year and the lowest level of President Barack Obama’s six years in office. The US Treasury Department released the official figures on Wednesday, generally confirming figures released by the nonpartisan Congressional Budget Office last week. It’s the smallest deficit recorded since 2008.

FY2014 was the fifth consecutive year the deficit declined as a percentage of GDP. It is now an estimated 2.8% of GDP, a percentage that puts it below the average of the past 40 years. The Treasury’s figures chalked up the shrinking deficit to increased revenues from taxes and slowed growth in government spending. “It’s really a rise in revenues because of economic growth, because of the policies the president pursued, that we’ve made progress on the deficit,” said Shaun Donovan, the director of the Office of Management and Budget.

More here

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16
Oct
14

On Ebola and the Media Panic Industry

Unless you’ve been under a rock for the past few weeks—and if you have, you may want to skip this and stay there where it’s safe—you may have noticed the media has a shiny new toy.

The Ebola outbreak which has reached our shores—infecting less than ten people—has our failed media experiment in a veritable apoplexy. CNN, looking for something to replace it’s 24/7 coverage of MH370 and recapture those golden days of summer, has joined MSNBC and Fox in providing a constant stream of information on the breakout. And by “constant stream of information”, I mean dialing the panic button up to 12 and reporting as if half of the country has been infected with the virus. Rather than a contained outbreak, this Ebola infestation is a new Black Death, scything through the population with grim glee.

Now, I know that it’s hard filling in the time between commercials. A news producer’s job is never easy. But there seems to be something disreputable about media organizations latching on to a very minor outbreak and building it up to be an existential threat to humanity. And, of course, the coverage was nowhere near as manic when the Ebola pandemic was restricted to west African nations. Liberia, Sierra Leone, and Guinea are facing real catastrophic consequences to their economies and social fabric; but, they’re far away, and in Africa, so not worthy of foaming at the mouth coverage.

Continue reading ‘On Ebola and the Media Panic Industry’

16
Oct
14

A Laugh Or Two

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16
Oct
14

Chat Away

President Obama looks out at the Rose Garden from the colonnade during yesterday’s thunderstorm. Photo by Pete Souza

16
Oct
14

Rise and Shine

On This Day: President Barack Obama, First Lady Michelle Obama, Vice President Joe Biden and Dr. Jill Biden link arms and sing “We Shall Overcome” during the dedication ceremony for the Martin Luther King Jr. National Memorial in Washington, D.C., Sunday, Oct. 16, 2011. Joining them, from left, are: Harry Johnson, Sr.; Interior Secretary Ken Salazar; and Herman “Skip” Mason (Photo by Pete Souza)

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Today

President Obama has canceled trips to Rhode Island and New York in order to continue monitoring the government’s response to the Ebola outbreak. He now has no scheduled public events today.

12:30 EDT: White House Press Briefing

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On This Day

President Obama meets with, from left, U.S. Trade Representatvie Ron Kirk, former President George H. W. Bush, Senior Advisor Valerie Jarrett and Defense Secretary Robert Gates, prior to the Points of Light forum at Texas A&M University, in College Station, Texas, Oct. 16, 2009 (Photo by Pete Souza)

President Obama greets Marine Corps cadets, and Reveille, the Aggie mascot, in the Marine Corps Mess Hall at Texas A&M University, in College Station, Texas, Oct. 16, 2009 (Photo by Pete Souza)

President Obama says goodbye to former President George H. W. Bush and former Secretary of State James A. Baker, prior to departure from Easterwood Field landing zone, in College Station, Texas, Oct. 16, 2009 (Photo by Pete Souza)

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Pete Souza: “Neighbors in West Newton, Mass., react as the President headed their way after speaking at an event next door.” Oct. 16, 2010

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President Obama hugs his wife Michelle at the conclusion of his debate against Republican presidential nominee Mitt Romney in the second U.S. presidential debate in Hempstead, New York October 16, 2012

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President Obama tosses a football with Press Secretary Jay Carney in the Outer Oval Office, following the Senate vote on the federal government shutdown and debt ceiling, Oct. 16, 2013. Trip Director Marvin Nicholson and Senior Advisor Dan Pfeiffer watch (Photo by Pete Souza)

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MoooOOOooorning!

16
Oct
14

Early Bird Chat: Please Proceed

Two Years Ago Today: “Please Proceed, Governor.”

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The second presidential debate in Hempstead, New York, October 16, 2012

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MoooOOOooorning – Happy Thursday!




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