Several articles this week sum up the critical state of confusion over our budget process. Yes, people are trying to deal separately with the inseparable issues of constraining and directing fiat, but there's a deep lack of operational and situational awareness at every turn. It's not just banking.
When literally everyone doesn't understand some key operational aspects of the situation they're proposing changes to ... then we're in deep shit as a group. And, is it clear that our situation is ALWAYS getting more complicated, and is not static? Time to initiate a very patient and continuous group discussion, with people from at least 2000 - and growing - distinct professions. We need that just to stay aquainted with one another, and to stay oriented to our own changing situation, with all it's increasingly interdependent operations. Otherwise, the relative heat loss from our entire economic engine will tip uncontrollably towards 100%. At this rate, we'll soon be burning calories, oil, coal and everything else at record rates ... while going nowhere. Or are we already doing that?
Obama, The US And The Muslim World: The Animosity Deepens
A Stampede of Hysterics
Panetta’s Phony Doomsday Scenario
A Pentagon Budget Primer, Leading to Two Questions for the Defense Secretary
Hat tip to Dan Flemming, Chuck Spinney, Winslow Wheeler and Lynn Wheeler
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