Notepad on Life

March 30, 2011

Glad to be gay; not fussed at being bust

Filed under: foreign,politics — - @ 9:00 am
Tags: , ,
The western front of the United States Capitol...

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It is the most jaw-dropping thing I read last week. Possibly last month.

From the excellent Outstanding Investments financial newsletter (subscription only):

“Let’s get past the military fact that it’s raining steel in Libya. Something else troubles me. The U.S. government doesn’t have a 2011 budget for its Department of Defense – and we’re six months into the fiscal year. This is, at root, courtesy of the last Congress, which failed to pass a defense budget in the waning days of 2010.

No defense budget? Last year, there was political capital for Congress to pass ‘don’t ask, don’t tell’ legislation. But for some strange reason, Congress could not pass anything as mundane as a law to fund procurement and operations, let alone to pay the troops.

Not to put too fine a point on it, Congress has authorized no money to fight wars – at least not this one.

Such ludicrous priorities kill off forever the idea that American liberals are much more down-to-earth than their British counterparts.

So a near-bankrupt Uncle Sam is bombing Libya on an open-ended spending spree but at least everyone involved is comfortable with his sexuality. I think I just heard the first cuckoos of spring.

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