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Remy: Raise The Debt Ceiling Rap

admin — Wed, 27 Jul 2011 10:50:48 +0000

We may not be able to address our current debt ceiling woes, but we can at least put them to a good beat.

Visit the links below for more Reason coverage on the debt, deficit and government spending:

Five Facts About the Debt

http://reason.com/archives/2011/07/25/five-facts-about-the-debt

The Facts About the debt Ceiling

http://reason.com/archives/2011/07/18/the-facts-about-the-debt-ceili

Reason.com Topics: Government Spending

http://reason.com/topics/goverment-spending

“Raise the Debt Ceiling” is the third of a series of collaborations between Remy and Reason.tv. To watch Remy’s other videos, go to http:youtube.com/goremy

Music by Remy. Video shot and produced by Meredith Bragg.

Download the mp3 and HD versions at http://reason.tv, the video channel for Reason magazine and http://reason.com

LYRICS:
Raise da debt ceiling!
Raise da debt ceiling!
Raise da debt ceiling!
Raise da debt ceiling!

14 trillion in debt
but yo we ain’t got no qualms
droppin $100 bills
and million dollar bombs

spending money we don’t have
that’s the name of the game
they call me cumulo nimbus
because you KNOW I make it rain

bail out all kind of cars
got all kind of whips
ladies ask me how I get em
I tell em STIMULUS

Social Security surplus?
Oh, guess what? it’s gone
I got my hands on everything
like Dominique Strauss Kahn

ain’t got no Medicare trust fund
son, that’s just absurd
spending every single penny that
we see, son, have you heard?

ain’t got no moral objections
ain’t got kind of complaints
ain’t got no quantitative
statutory budget restraints

so…
[CHORUS]

Yo, we up in the Fed
and we living in style
Spending lots of money
while we sipping crystal

still making it rain
and yeah it be so pleasing
wait, not making it rain–
we be “Quantitative Easing!”

QE1, QE2
QE4, QE3
Dropping IOU’s
in every fund that I see

printing the cash
inflating the monies
callin up China
“a-yo we straight out of 20′s!”

in the club
we be louding out
while to the market, yeah
we be crowding out

on the beach getting tan
and sipping Corona
we got a monetary plan–
and it involves a lot of toner…

[CHORUS]

So if you look at the chart
and examine the trend
we borrow 40 cents of every
single dollar we spend

and non-discretionary spending
increases every day
do you have a comment for Committee?
I MAKE IT RAIN

Mr. Speaker, Mr. Speaker
would you beam me up?
A Congressperson cutting spending?
Couldn’t dream me up

We’re gonna default
if we follow this road!
I should have thought of this
14 trillion dollars ago!

I’m the king of the links
I’m a menace at tennis
I’m sticking spinnaz on my rims
picking winnaz in business

if you’re looking for some cash
it’s about to get heavy
I got some big ol’ piles of money
and guess what–they shovel ready

[CHORUS]

Duration : 0:2:21

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Watch President Obama’s Full News Conference on Debt Talks’ Latest Breakdown

admin — Sat, 23 Jul 2011 13:17:06 +0000

More on the talks: http://to.pbs.org/orqI21

President Obama said in a Friday evening news conference that he will call leaders to the White House for a Saturday morning meeting, shortly after House Speaker John Boehner walked away from debt negotiations.

Duration : 0:31:8

Technorati Tags: Boehner, commentary, conference, congress, conservative, deal, Debt, debt ceiling, deficit, discussion, Economic, election, Government, news, Obama, politics, press, Reform, spending, talks, White House

Pawlenty on Debt-Ceiling Talks: Political Capital With Al Hunt

admin — Tue, 19 Jul 2011 08:48:59 +0000

July 16 (Bloomberg) — Republican presidential candidate Tim Pawlenty talks with Bloomberg’s Al Hunt about negotiations between lawmakers over raising the U.S. debt limit and Senate Republican leader Mitch McConnell’s plan to raise the ceiling.
Bloomberg’s Heidi Przybyla and Julianna Goldman discuss the outlook for the debt-limit talks. Lizzie O’Leary reports on how the government may prioritize payments if the debt-ceiling isn’t raised. Commentators Margaret Carlson and Kate O’Beirne talk about the possibility that a debt agreement won’t be reached and the U.S. will default on its debt. (Source: Bloomberg)

Duration : 0:21:27

Technorati Tags: al, Albert, all, audio, Bloomberg, Bond, bonds, Budget, capital, congress, country, debt ceiling, Economic, Economies, English, General, Government, Group, Hunt, Market, Markets, media, multimedia, news, of, on, Pawlenty, political, Regional, Seven, talks, U.S., video, visual, with

Holtz-Eakin Urges Obama to Take Lead on Debt Solution

admin — Fri, 10 Jun 2011 07:44:13 +0000

June 9 (Bloomberg) — Douglas Holtz-Eakin, president of the American Action Forum, and Joseph Minarik, senior vice president and director of research at the Committee for Economic Development, talk about the U.S. debt ceiling and the need for bipartisan cooperation on fiscal policy.
Any U.S. debt default would be very serious and the government should stop playing with fire, said Li Daokui, an adviser to the People’s Bank of China, according to a Reuters report. Holtz-Eakin and Minarik speak with Deirdre Bolton on Bloomberg Television’s “InsideTrack.” (Source: Bloomberg)

Duration : 0:7:29

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Toomey Says U.S. Won’t Default Regardless of Debt Limit

admin — Thu, 19 May 2011 16:30:25 +0000

May 19 (Bloomberg) — U.S. Senator Patrick Toomey, a Republican from Pennsylvania, discusses the outlook for the nation’s debt limit and the prospects of default.
Toomey speaks with Peter Cook on Bloomberg Television’s “InsideTrack.” (Source: Bloomberg)

Duration : 0:4:44

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Caucus | Fight Over the Debt Limit – nytimes.com/video

admin — Mon, 16 May 2011 21:21:08 +0000

The Times’s John Harwood and Jackie Calmes on Timothy F. Geithner’s message to Congress about the government reaching the debt limit on Monday.

Please visit http://nyti.ms/jDKFku to embed this video.
Watch more videos at http://nytimes.com/video.

Duration : 0:3:19

Technorati Tags: congress, Debt, Jackie Calmes, John Harwood, NYT, nytimes, politics, The Caucus, The New York Times, Timothy F. Geithner

Al Hunt on U.S. Debt-Ceiling Debate, Eric Holder

admin — Sat, 14 May 2011 02:04:24 +0000

May 13 (Bloomberg) — Al Hunt, executive editor at Bloomberg News, discusses negotiations between Republican and Democratic leaders over extending the U.S. government’s borrowing authority.
Hunt, speaking with Margaret Brennan on Bloomberg Television’s “InBusiness With Margaret Brennan,” also previews his interview with U.S. Attorney General Eric Holder, which airs this weekend on “Political Capital With Al Hunt.” (Source: Bloomberg)

Duration : 0:2:59

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Rep. Ryan on Future Debt Burden

admin — Thu, 05 May 2011 22:15:46 +0000

House Budget Committee chairman on outlook for next generation

Duration : 0:3:47

Technorati Tags: congress, Debt, deficit

O’Neill Calls Foes of Raising Debt Ceiling `Terrorists’

admin — Thu, 28 Apr 2011 10:50:55 +0000

April 27 (Bloomberg) — Former U.S. Treasury Secretary Paul O’Neill talks about the performance of Treasury Secretary Timothy Geithner and the outlook for congressional action on raising the federal debt ceiling.
O’Neill speaks with Margaret Brennan on Bloomberg Television’s “InBusiness.” (This is an excerpt of the full interview. Source: Bloomberg)

Duration : 0:2:28

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Shelby Says Dodd-Frank Bill Needs Additional Review

admin — Fri, 18 Feb 2011 02:38:56 +0000

Feb. 17 (Bloomberg) — U.S. Senator Richard Shelby, an Alabama Republican, talks with Bloomberg’s Peter Cook about the Dodd-Frank Act and Deutsche Boerse AG’s agreement to buy NYSE Euronext.
Federal regulators testified before the Senate Banking Committee in Washington today about financial regulation. (Source: Bloomberg)

Duration : 0:4:57

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