Budget Spectacles

Eat the Rich

Obviously last week's budget drama -- the impending doom of a shut-down of non-essential federal government activity -- was just a warm-up for the festivities surrounding the impending doom of a failure to raise the debt ceiling. (I'll add here my apologies to households expecting a military paycheck, as I would have considered freezing those funds a cause for a general public uprising, almost alone among the proposed effects of a shut-down. Cutting off paychecks to Congress would have been more my speed.)

Most of the excitement is generated by two sides shouting "Spend less!" and "Tax more!" at each other. So now might be a good time to consider Iowahawk's no-nonsense approach to finding the additional tax money to fund the nation's $10 billion-a-day spending habit:

12:01 AM, January 1

Let's start the year out right by going after some evil corporations and their obscene profits. And who is more evil than those twin spawns of Lucifer himself, Exxon Mobil and Walmart? Together these two largest American industrial behemoths raked in, between them, $34 billion in 2010 global profits. Let's teach 'em both a lesson and confiscate it for the public good. This will get us through...

9:52 AM January 4 . . .

Iowahawk manages to make it through the end of 2011 with a series of confiscations, then finds himself at the beginning of 2012 needing to do it again. Anyone know, he wonders, where we can get more plutocrats?