President Bush has treated the economy the same way he has treated Iraq – he destroyed both of them. Remember when we had to cut taxes because there were budget surpluses? Well, the good old days are long gone as an administration official has projected a record $490 billion budget deficit for next year. The [...]
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“There’s no question about it. Wall Street got drunk. It got drunk and now it’s got a hangover. The question is, how long will it sober up and not try to do all these fancy financial instruments?†Setting aside the fact that George Bush is the last person who should be making jokes regarding alcohol [...] Senator McCain is fond of telling voters that it is he, not Senator Obama, that will be the most effective candidate to bring about change, which is interesting considering as a longtime member of the Washington establishment, that means there is something wrong with the job he has done. When you see the picture [...] From our President – the gift that has kept on giving for nearly eight years: “I readily concede it (lifting a ban of offshore drilling) won’t produce a barrel of oil tomorrow, but it will reverse the psychology.” Translation – As long as it looks like the government is doing something to address the energy [...] “I don’t think the government ought to be involved in bailing out companies.” Oh really? Than can I please have my money back that went to Bear Stearns? Surely, an investment bank and its shareholders will be just fine without my lowly contribution. I would also appreciate an advance on the hundreds of billions [...] “Today, I’ve taken every step within my power to allow offshore exploration. This means the only thing standing between the American people and these vast oil resources is action from the U.S. Congress,” President Bush told reporters earlier today. Setting aside the fact that lifting this ban (smartly instituted by his father) will procedurally accomplish [...] |
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