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Thursday, May 24, 2012

 OFF THE WIRE
Whitewash, Blowing smoke up your ass, Sidestepping the truth, call it what you will, but NO ONE in Washington is being honest and truthful about our debt, and unfunded "programs". And Party faithful are agreeing to turn a blind eye and talk the talk of their parties "leaders". There are hard realities that need faced, and ignoring them will not make the go away.

Deficits are a major issue in this year's presidential campaign, but USA TODAY has calculated federal finances under accounting rules since 2004 and found no correlation between fluctuations in the deficit and which party ran Congress or the White House.

http://www.usatoday.com/
The big difference between the official deficit and standard accounting: Congress exempts itself from including cost of retirement perks.