Update: Another blowout month for the Obama Budget- deficit bigger than forecast; Obama is no Big Dawg – deficit spending

Update: Ed at HotAir has the latest example of Obama’s utter failure as a fiscal moderate:

(…)The federal government kicked off fiscal year 2010 by posting its widest-ever October budget deficit, the Treasury Department said Thursday.

The $176.36 billion gap is more than $20 billion wider than the shortfall recorded in October 2008, driven up by lower tax receipts, stimulus-related revenue reductions and consistently high government outlays.

Treasury’s monthly budget statement shows receipts were $135.33 billion in October, down 18% from a year earlier and at the lowest level since October 2002. Meanwhile, outlays were $311.69 billion, down 3% from a year earlier and at their second-highest monthly level on record.

When revenues drop 18% and outlays only drop 3%, it’s not hard to hit record deficits. It’s roughly four times as large as September’s deficit, which closed out FY2009 with an annual deficit just under $1.4 trillion.  September’s deficit of $46 billion will serve as a nostalgia point in the coming months of the FY2010 budget….

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November 13, 2009. Tags: , , , , , , , , . Politics. 1 comment.

Film about Ole Blue Eyes in the works; Scorsese to direct


frank_sinatra

Look at those eyes…

Nikke Finke Exclusive:

..He was an enigmatic legend, and it looks as if the picture that just came together will do that justice. I’ve just learned that Universal has acquired this project based on the life of Frank Sinatra from Mandalay Pictures. Phil Alden Robinson is writing the screenplay, and Marty Scorsese will direct as well as produce through his Sikelia Productions….

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May 13, 2009. Tags: , , , , , , , . Entertainment, Film, Music, Popular Culture. 1 comment.

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