THIS at Billmon’s Whiskey Bar is why I read weblogs, and read the professional pundits less and less often. Oh, wait, newspapers CAN’T do what bloggers do – because bloggers can link to stories, and you can leave comments!

On the deficits:

“”Gulp,” says the House Republican Caucus. “You mean you want us to handle it?”

“Naturally,” replies the president. “What other suckers would I have in mind?”

And so the Great Barbecue of 2003 finally reaches its greasy end. The meal has been devoured — all those rich tax cuts and thick slices of pork, topped off by that enormous ice cream sundae of prescription drug benefits. The check is on the table. The guests are frantically trying to avoid eye contact.”

Don’t worry, their kids will cover the bill.