An indie band formed in Owen Sound, Ontario, Canada. Members include Kurtis White (drums/vocals), Cody Zevenbergen (guitar/harmonica/vocals), Steve Seguin (vocals/bastard tea jug filled with rocks/guitar) and Nathan Krulicki (vocals). Their music can be found on their facebook fan page. They were founded after Cody viewed an episode of the daily show in which Jon Stuart told him that he'd be very disappointed if the band was not formed. They believe in mothers as classy ladies and grandmothers as whores.
by TheLesbianBondageFiasco December 18, 2010
Get the The Lesbian Bondage Fiasco! mug.verb - Stands for "Fap At Super Cute Asians". Used in regard to masturbation towards extremely cute Asian boys or girls. Sometimes people decide to do it by themselves, but to FASCA can be a group activity.
If truly devoted, a cute Asian may FASCA in regards to himself/herself.
If truly devoted, a cute Asian may FASCA in regards to himself/herself.
by brarc August 31, 2013
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• fiscal solvency
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*noun*, efforts by the government to intentionally run a deficit in order to stimulate the economy during a recession. Loosely associated with Keynesian economics.
According to basic economic theory, recessions occur because there is a basic mismatch between aggregate demand and potential output. One approach for solving this is for the government to buy more goods and services than it has revenues to cover, thereby creating conditions in which effective demand is greater than the stock of goods currently in business inventory (given recessionary prices).
Under a stimulus, the jolt of extra money in circulation creates inflation, which has the effect of lowering real prices. Customers then respond to the {de facto} price reduction by buying more, which leads to more hiring, thence to more effective demand, thence to economic recovery.
Another reason fiscal policy stimulates the economy is that the private sector is not investing or consuming its own output. Increased taxes would simply reduce private consumption, so those cannot be increased; but spending is increased to fill the breach.
According to basic economic theory, recessions occur because there is a basic mismatch between aggregate demand and potential output. One approach for solving this is for the government to buy more goods and services than it has revenues to cover, thereby creating conditions in which effective demand is greater than the stock of goods currently in business inventory (given recessionary prices).
Under a stimulus, the jolt of extra money in circulation creates inflation, which has the effect of lowering real prices. Customers then respond to the {de facto} price reduction by buying more, which leads to more hiring, thence to more effective demand, thence to economic recovery.
Another reason fiscal policy stimulates the economy is that the private sector is not investing or consuming its own output. Increased taxes would simply reduce private consumption, so those cannot be increased; but spending is increased to fill the breach.
I think it is possible that fiscal policy will have even more 'oomph' in this situation," Christina Romer, who heads the Council of Economic Advisers, told an economics conference.
"When households and businesses are liquidity-constrained by reduced lending, any money put in their pockets is more likely to be spent," she said.
--Reuters, "White House's Romer: Stimulus may pack more punch" (3 March 2009)
"When households and businesses are liquidity-constrained by reduced lending, any money put in their pockets is more likely to be spent," she said.
--Reuters, "White House's Romer: Stimulus may pack more punch" (3 March 2009)
by Abu Yahya March 3, 2009
Get the fiscal policy mug.When a politician abruptly becomes conscious about government spending and the national debt, often occuring after their political party becomes the minority, and thus has less government influence to pass legislation.
Several Republican members of the House of Representatives became born-again fiscal conservatives when Barack Obama became President, after years of wasterful spending.
by fwc83 July 16, 2009
Get the Born-Again Fiscal Conservative mug.The name of an Edmonton-based Hip-Hop duo consisting of Empress R & GREAT SCOTT. Known for their creativity and innovation, this term can be used to describe an individual who does not conform.
by RaScoFi December 14, 2008
Get the The RaSco Fiasco mug.A Natural Resource found on the Pregnant Human Female, Used during
harsh economic times... to replace cow milk.
harsh economic times... to replace cow milk.
Yo.. We just ran out of cow juice..
Can i come over your house and express some milk from your old ladies fiscal tits?
Sure but ya gotta pay double she's runnin' low...
Can i come over your house and express some milk from your old ladies fiscal tits?
Sure but ya gotta pay double she's runnin' low...
by divewave December 31, 2012
Get the Fiscal Tits mug.the gap between revenues and expenditures for a government (over a given period of time); often referred to as an internal deficit or public deficit.
The public deficit accumulates over each time period (usually a year) into what is known as the public debt.
According to Keynesian and Neo-Keynesian economic theory, fiscal deficits are usually the most effective tool for stimulating economic activity; the actual choice of how the money is spent is less important.
The public deficit accumulates over each time period (usually a year) into what is known as the public debt.
According to Keynesian and Neo-Keynesian economic theory, fiscal deficits are usually the most effective tool for stimulating economic activity; the actual choice of how the money is spent is less important.
In the USA, most states are not allowed to run fiscal deficits. In other federal republics, such as India and Argentina, they are allowed and frequently account for much of those countries' internal deficits.
by Abu Yahya February 14, 2009
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