Word: budgetable
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...What has all this got to do with Crazy Heart, which features Bridges as a washed-up country-and-western singer? A low-budget affair made by Country Music Television, the film might have gone straight to DVD if ICM hadn't gone to bat for a theatrical release on behalf of first-time writer-director Scott Cooper. The agency's persistence is paying off in Oscar buzz for Bridges, who has been nominated four times in his career and has always gone home empty-handed. If the Golden Globe nomination he earned this week is any sign, it seems...
...President Obama, the era of big Government is not over. "It is true, we cannot depend on government alone to create jobs or generate long-term growth," he proclaimed in his first budget to Congress. But "at this particular moment, government must lead the way." A partial Obama to-do list, only some of it done, includes a remake of the health care and energy sectors; a $787 billion stimulus bill aimed, so far, mostly at public employment; takeovers of General Motors and Chrysler; a "pay czar" to cut salaries at bailed-out banks and a proposed new consumer-protection...
That's particularly true in California, a state in almost perpetual crisis - it's "effectively bankrupt," as Whitman likes to put it - with a budget deficit befitting Argentina and crises with water, highways, prisons, schools, immigration and unemployment. The legislature and the governor are openly hostile to each other, and the electorate is disgusted with both of them. (Their approval ratings are 18% and 28%, respectively.) This state of affairs is alternately described as the end of civilization or America's bright future, depending on whom you ask. Driving around the state, you'd never know that California...
...three ideas: creating jobs by slashing taxes and regulation; improving the education system by grading schools and launching more charter schools; and reducing government spending, primarily by firing thousands of state workers. (She won't say which ones.) And - surprise - she intends to reap big savings from the state budget by eliminating "waste, fraud and abuse" through the introduction of more technology to the statehouse. Then that "spine of steel" comes up again. "If you have a huge need to be liked, if you have a huge need to be popular, I think in the near term this...
...president’s political opponents have denounced excessive spending and claim that additional stimulus will only swell the budget deficit further. To an extent these critics are correct—further domestic spending will make Obama’s goal of halving the deficit by 2010 even more unlikely...