The Federal Reserve and OBushma (the main difference between Bush and Obama is about half a trillion dollars in annual deficit spending) have taken us through ten years of US Dollar devaluation. It clearly doesn’t work. The manufacturing jobs are flowing back into the US. The economy isn’t producing massive tax surpluses that lead to the OBushma tax cuts.
There’s a real simple solution: impeach Bernanke from The Fed and take strong dollar monetary and fiscal policies. The policies over the last 10 years have not worked. There really is no need to even debate this.
All the bogus debates about tax cuts for the middle class vs low income vs millionaires is laughable. The tax brackets with or without the OBushma tax cuts screw the middle class the most. All one needs to do is take a look at the tax rates to see that the middle class didn’t really get much of a “break”. What really needs to happen with taxes is a complete overhaul of what is tax deductible (see my blog about making US Bonds 100% tax deductible).
Of course, I think everyone has forgotten about the Economists’ statement opposing the Bush tax cuts. Guess what? They were right! But who really wants to be the President with Steel cahones that tells everyone they have to pony up an additional 2% to the IRS next year!
There’s a lot of crap that Biden has been getting for his comment about terrorists testing America if Obama is elected. Was he referring to the Cuban Missile Crisis? Or was he referring to the attacks of September 11?
Let’s put things in perspective here, my friends (as John McCain would say). Bush, a politician with next to zero experience, gets elected and America is attacked. Were they planning the attacks before Bush was elected? Hell if I know. Would they have attacked if Gore was in office? Who knows.
Having a noob President who also happens to be a cowboy in office certainly would give the terrorists an additional incentive to attack us. It has been well documented that the terrorists are interested in bankrupting America. This is precisely the direction that Cowboy Bush and Congress have been taking us.
However, I’m willing to bet that a McCain presidency is far more likely to result in a terrorist attack on America than an Obama presidency. Why? Because John McCain has shown that he is willing to fight a “war on terror” by invading another country that had nothing to do with the terrorist attacks of September 11. McCain is willing to turn America into a communist country (ala voting for the communist bailout of failing banks in America) and send our soldiers into harms way with misguided and fabricated military intelligence.
Just think about it for a minute. Where was his 30 years of experience when he was sounding the war on Iraq trumpet? Where was all his wisdom when he cast his votes in Congress that put us into the situation we are in now? A lot of good that experience did for us over the last 8 years, right?
I’m having flashbacks to the Teapot Dome Scandal in the mid 1920s’ after I read this article on CNN about the Oil Whistleblower.
History certainly does have a way of repeating itself. Something tells me that there’s going to be a lot of uncovering of dirty laundry after Bush and Cheney are gone. Get the paper shredders ready Dick!
Anyone else notice something funny about Bush reasoning:
1. Just months ago, talk about how the economy is strong.
2. Witness the largest bank collapses in the history of the country
3. Tell America we need a $700 billion bailout
If Bush was so incredibly wrong about the economy several months back, why would we take his economic advice and push through an urgent $700 billion bailout?
Especially when he has taken no action in his administration to correct the issues. Like, perhaps firing the head of the SEC as John McCain suggested.
One more thing that is really giving me a good chuckle is everyone pointing fingers at Slick Willy for lowering the requirements for obtaining mortgages. That was over eight years ago. It doesn’t take more than a year (in any state in our entire union) for a bank to foreclose on a home. In most cases, it will be less than 6 months. If these people were so unworthy of being home owners, why were they able to own their homes for the last 7.5+ years?
I’ll give you a hint: It had something to do with the economy and an outhouse. According to RealtyTrac, foreclosures were up 121% over the 2nd quarter of last year and foreclosures are nearly double what they were for the 1st quarter of 2006.
This is about people losing their jobs and their businesses, not being unfit for a mortgage. While there are certainly examples of people unfit for a mortgage getting a home, the massive increase in foreclosures is not because people were unfit. It is because of failed economic policies and failed foreign policy that have sucked trillions of dollars out of the US economy.
One more thing for the W cronies that point the fingers at Slick W. How the hell can you blame people who spend more than they are making? Look at your own administration and the massive deficit this administration has been operating our entire country. The pot is truly calling the kettle black my two-faced friend!
First, they really expected a Bush supported emergency bank bailout plan to just walk down the isles in the House. I’m sorry, but hasn’t the Bush administration been talking about the strength of the economy for the last several months? Years even? Given that they had their heads up their asses or were completely lying about the situation, why should be believe in any urgency about the bailout. Seeing as how they were completely wrong about the state of the economy for at least the last 18 months (the largest bank in the world – WAMU – doesn’t fail overnight folks), why are they suddenly right about the economy?
Then, this morning I read this article about a large slide in the manufacturing index. This should have been a no-brainer. If businesses can’t get money from their banks, they tap their other resource for capital: inventory. It’s a pretty simple business concept. Sell inventory and turn it into cash. Most businesses that sell products operate like this. Somehow, this is a foreign concept to the folks on Wall Street? Of course, in normal economic conditions businesses reinvest that revenue back into inventory. But if your bank is holding you by the gonads, you don’t buy more inventory. You keep the cash.
Good thing the fundamentals of our economy are strong.
Today, the Bush Administration announced their new plan to help protect the environment. Since all three Presidential candidates are addressing growing environmental concerns, George W. Bush made the following announcement:
The Democratical candidates all have their environmentalistic policies that they believe are best for America and our planet. Unfortunately, these plans are highly flawed and don’t address the American workforce. This is why my administration is taking critical actions to exemplify my leadership on the the environment.
Effective immediately, we are going to slow down the economy considerably. See, with fewer people with jobs or employment situations, there will be a reductionation of driving, requiring fewer fossil fuel consumptions. This will also reduce the demand other goods and services that are bad for the environment, like flying airplanes.
Speaking of which. I’m going to go on vacation. But I won’t be traveling for this vacation. I’ll still be sitting in the White House, reading papers and staring at the wall.
When asked how this policy change was any different than his existing policy, Bush deferred to his Press Secretary who had no comment.
What do the Clintons and the Bushes have in common?
Besides having been the only two families to reside in the White House for the last 20 years, they have an additional quality that is unfolding in front of our eyes.
George W. Bush lost the 2000 popular vote, and it has been argued that he even lost the electoral vote if recounts in Florida were taken into account. There are thousands of articles, blogs, etc. about how the Bush family stole the election of 2000. Heck! There was even a movie about it.
It is amazing how history is prone to repeat itself when unchecked power is at play.
With Hillary Clinton standing on the verge of destroying our American political system, we should all wonder if Michael Moore with produce Fahrenheit 2008.
There is a lot of concern about the state of our economy, but I have an ingenious idea for solving a major economic drain in our economy for generations to come!
During the last 20 years, we’ve seen the rise and fall of our economy several times, but over all… We’re doing pretty well. We’ve seen the rise of entire industries like the Internet and alternative energy. And during these 20 years we’ve had only a Bush or Clinton in office.
Let’s just do away with the presidential election after we elect Hillary. We could then have Jeb be president for eight years. Then we can switch to Chelsea for eight years. Then another Bush. Back to the Clintons.
Think of all the money we will save on elections! The secret service will save money because they won’t have to protect guys like John McCain and Barrack Obama. That $40 million that Barrack received in March… Rather than wasting it on a needless presidential campaign, it could be spent on our products and services. $40 million in one month! Couldn’t *YOU* use an extra $40 million? He needlessly raised $32 million in January too.
Since the Bushes and Clintons are Democrats and Republicans, we still maintain our two party system just like we have over the last 20 years. It is utopian politics! We still have democracy because we have Congress. We still have a two party system. We just don’t have to worry about the president anymore. SWEET!
Hundreds of millions of dollars are wasted on presidential campaigns every 4 years. If we just stick with Clintons & Bushes, we’ll infuse a HUGE amount of cash into our economy by not wasting it on needless campaigns. Support American Royalty and vote for Clinton this November.
I’ll keep it really brief:
- Don’t compare John McCain to George W. Bush
- Focus on your own ideas, not another Senator’s
- Stay true to your promise of not running politics as usual
- Win handedly, so you are officially running against John McCain and it would actually make sense for you to say something about John McCain
Free as a courtesy to democracy in America!
This morning, I was browsing through the headlines on Rueters.com. After reading about how Obama is all talk and no action and how Hillary is in the political fight of her life, I couldn’t help but read about the Tokyo marathon runner who solves the mystery of his chest pain: bleeding nipples and not a cardiovascular issue.
Yes, bleeding nipples. This was a mystery? Apparently, he attributes it to chafing and not excessive titty twisters before the race.
What does this have to do with a better future? Well, one could argue that Brian Jones will certainly be a little perkier after his marathon, but the better future was part of a Rueter’s survey:
Growing confidence in the future and slightly warmer views of President George W. Bush and Congress put Americans in a better mood this month, according to a Reuters/Zogby poll released on Wednesday.
… Approval ratings for Bush climbed to 34 percent from 31 percent last month, and positive ratings for Congress inched up from 14 percent to a still-low 17 percent.
I’m feeling optimistic about the future. Bush signed a good stimulus package. More people are watching The Big Idea with Donny Deutsch. The Federal Reserve is finally waking up… Then another article catches my eye: LIBERAL INTOLERANCE:
The proportion of Americans reporting they feel less free to speak than they used to climbed from 13 percent in 1954 to 24 percent in 2005.
Guess they haven’t been reading many blogs lately. The first comment I received on my post about the ultra-boring two hour infomercial for Ford and Microsoft (aka Knight Rider) was the F-bomb. The only comment I received about the Bush Stimulus package being the next Big Idea was a tirade by a New Yorker that was longer than my post and didn’t address the point of my post.
Doesn’t seem like a lack of self expression is really present. I think the flaw with James L. Gibson’s study is how subjective it is to interpretation. For example:
The proportion who agree that “all people feel as free to say what they think as they used to” dropped from 56 percent to 43 percent.
Feeling “free to say what they think”? What exactly does that mean? Sounds like a personal problem.