Dylan Ratigan (MSNBC) Smokin Crack!?

NewsBusters explains the crazy talk above. Another odd thing they talk about in the video is when Democrats controlled Congress. Dems took over in Nov of 2006. Odd:

In the first 19 months of the Obama administration, the federal debt held by the public increased by $2.5260 trillion, which is more than the cumulative total of the national debt held by the public that was amassed by all U.S. presidents from George Washington through Ronald Reagan.

The U.S. Treasury Department divides the federal debt into two categories. One is “debt held by the public,” which includes U.S. government securities owned by individuals, corporations, state or local governments, foreign governments and other entities outside the federal government itself. The other is “intragovernmental” debt, which includes I.O.U.s the federal government gives to itself when, for example, the Treasury borrows money out of the Social Security “trust fund” to pay for expenses other than Social Security.

At the end of fiscal year 1989, which ended eight months after President Reagan left office, the total federal debt held by the public was $2.1907 trillion, according to the Congressional Budget Office. That means all U.S. presidents from George Washington through Ronald Reagan had accumulated only that much publicly held debt on behalf of American taxpayers. That is $335.3 billion less than the $2.5260 trillion that was added to the federal debt held by the public just between Jan. 20, 2009, when President Obama was inaugurated, and Aug. 20, 2010, the 19-month anniversary of Obama’s inauguration.

By contrast, President Reagan was sworn into office on Jan. 20, 1981 and left office eight years later on Jan. 20, 1989. At the end of fiscal 1980, four months before Reagan was inaugurated, the federal debt held by the public was $711.9 billion, according to CBO. At the end of fiscal 1989, eight months after Reagan left office, the federal debt held by the public was $2.1907 trillion. That means that in the nine-fiscal-year period of 1980-89–which included all of Reagan’s eight years in office–the federal debt held by the public increased $1.4788 trillion. That is in excess of a trillion dollars less than the $2.5260 increase in the debt held by the public during Obama’s first 19 months.

When President Barack Obama took the oath of office on Jan. 20, 2009, the total federal debt held by the public stood at 6.3073 trillion, according to the Bureau of the Public Debt, a division of the U.S. Treasury Department. As of Aug. 20, 2010, after the first nineteen months of President Obama’s 48-month term, the total federal debt held by the public had grown to a total of $8.8333 trillion, an increase of $2.5260 trillion.

In just the last four months (May through August), according to the CBO, the Obama administration has run cumulative deficits of $464 billion, more than the $458 billion deficit the Bush administration ran through the entirety of fiscal 2008.

True, President Bush and the Republican Congress he had in about six of the eight years of his presidency were not exactly models of fiscal restraint.

That being said, President Obama and the pre-Tea Party Democratic Congress of 2009-2011 ramped up the spending even more, and at an alarming pace compared to President Bush or previous presidents.

Ask and ye shall receive

NewsBusters h/t:

  • Ex Google lobbyist Andrew McLaughlin working as the No. 2 tech policy guy in the White House discussing net neutrality with Google lobbyists (registered and unregistered) while Google stood to profit from the administration’s Net Neutrality rules.
  • Former Goldman Sachs lobbyist Mark Patterson taking a job as Treasury Department chief of staff within 9 months of his work for Goldman.
  • Former H&R Block CEO Mark Ernst being hired by Obama’s IRS and then writing new regulations on tax prep — regulations that H&R Block has endorsed, and that will help H&R Block.
  • Obama officials meeting off campus for official business for the sake of avoiding the Presidential Records Act.
  • And this nugget from the same NYTimes piece: “Two lobbyists also cited instances in which the White House had suggested that a job candidate be “deregistered” as a lobbyist in Senate records to avoid violating the administration’s hiring restrictions.”
  • The firing of AmeriCorps Inspector General Gerald Walpin. As my colleague Byron York has explained: “The method of Walpin’s firing could be a violation of the 2008 Inspectors General Reform Act, which requires the president to give Congress 30 days’ notice, plus an explanation of cause, before firing an inspector general.”
  • Giving a car company (Chrysler) to a political entity that spent millions to get you elected. This deal involved alleged threats by a since-indicted car czar to knee-cap investors who didn’t want to agree to the White House’s deal.

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MSNBCs Odd View of what is extreme talk

A great HotAir h/t:

That’s what makes this clip from Dylan Ratigan’s MSNBC show even more interesting. Ratigan gives six minutes of air time to Ted Rall, the cartoonist last seen shark-jumping by insulting the late Pat Tillman for dying in service to the country. Now Rall has a new idea for improving the country, and Ratigan seems very interested the the proposal (via Verum Serum and Directorblue):

Ironically, it was only about a month ago that Sharon Angle was excoriated by several MSNBC talking heads for making a reference to “2nd amendment remedies.” Is Chris Matthews going to call out Ted Rall and/or Dylan Ratigan for letting him promote this? Rachel Maddow wanted to know if Angle’s language was finally too extreme. Well is it still extreme when it’s coming from the far left over your own TV channel, Rachel? If so, maybe you should poke your head down the hall and say something.

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