Can someone please explain to me why when Dubya was running up the deficit (after he spent all the surplus Clinton left him) spending money on destroying another country no one was bitchin’.
And now when Obama adds to the deficit trying to build up OUR OWN COUNTRY, everyone goes crazy and gets mad at him.
I do not understand why conservatives object to borrowing money to pay for the healthcare of their fellow citizens, i.e. increase the general welfare of our country, but have no objection to destroying the huge post-Clinton surplus we had to and borrowing massive amounts to attack Iraq on false grounds. And the war in Iraq does not have a positive effect on life in the U.S.A.
Embedded video from CNN Video
I am tired of hearing how Bush is at fault for all of our country’s problem.
“Bush’s policies, Bush is stoopid, Bush this, Bush that.” Blah blah blah.
Yes, I agree Bush has been a terrible president. Anyone with half a luke warm cerebellum knows that. But how did he get there? Is Bush at fault or are all the people who voted for him at fault?
We are letting all those people who put him in office, who gave him the power to do what he has done, letting them off too easy. What about all those people who voted against Kerry because he was a flip-flopper? What about all those people who were so gung-ho for Bush and his accomplished missions?
Those people are the real causes of this deficit, this war, this financial crisis due to deregulation. Those folks got him into office. By blaming all this on Bush, we let ourselves off the hook. It absolves us of the real guilt. We all are at fault for the situation we are in – half of us for voting for him and the other half for not raising enough Hell, for all the shit he has pulled.
everything is a Rorschach test
Neil Bush was the most widely targeted member of the Bush family by the press in the S&L scandal. Neil became director of Silverado Savings and Loan at the age of 30 in 1985. Three years later the institution was belly up at a cost of $1.6 billion to tax payers to bail out.
The basic actions of Neil Bush in the S&L scandal are as follows:
Neil received a $100,000 “loan” from Ken Good, of Good International, with no obligation to pay any of the money back.
Good was a large shareholder in JNB Explorations, Neil Bush’s oil-exploration company.
Neil failed to disclose this conflict-of-interest when loans were given to Good from Silverado, because the money was to be used in joint venture with his own JNB. This was in essence giving himself a loan from Silverado through a third party.
Neil then helped Silverado S&L approve Good International for a $900,000 line of credit.
Good defaulted on a total $32 million in loans from Silverado.
During this time Neil Bush did not disclose that $3 million of the $32 million that Good was defaulting on was actually for investment in JNB, his own company.
Good subsequently raised Bush’s JNB salary from $75,000 to $125,000 and granted him a $22,500 bonus.
Neil Bush maintained that he did not see how this constituted a conflict of interest.
Neil approved $106 million in Silverado loans to another JNB investor, Bill Walters.
Neil also never formally disclosed his relationship with Walters and Walters also defaulted on his loans, all $106 million of them.
Neil Bush was charged with criminal wrongdoing in the case and ended up paying $50,000 to settle out of court. The chief of Silverado S&L was sentenced to 3.5 years in jail for pleading guilty to $8.7 million in theft. (Keep in mind that you can get more jail time for holding up a gas station for $50.)
Today Neil Bush is working on closing a deal in Florida, where his brother Jeb is governor, to sell a software package to schools with his startup company Ignite.
An interesting TED talk about Liberals and Conservatives.
Looks like Georgie and some cronies is shoveling more shit on Earth Day. What exactly is his environmental record?
Here’s some info. And here. And here. And here.
The list goes on and on.
Is anything going to happen as a result of this study? No.
Is anyone going to lift a finger? No.
Is anyone surprised? No.
I am too busy. I have a dentist appointment in 1 hour.
Do we need any more proof that this president is a moron? O.K. so I don’t have a better plan, but then again I am not a graduate of Harvard business school. Isn’t Harvard ashamed of their graduate? Maybe they should revoke his degree. Is such a thing possible? Back in 2004 Bush received a letter from “senior business and economics professors” saying that the president’s “ economic policies are taking the country in the wrong direction”
My stimulus plan would be to drop all income tax for people making less than $35,000 and raise it some on people in the higher brackets. Doesn’t Warren Buffett pay a smaller percentage on his income than his secretary? He paid 17.7% and she paid 30% . I remember hearing once that people who make less money tend to save less money. And more money in circulation is good for the economy, right. So if the lower end of the economic scale has more cash they’ll spend it.
But what do I know? I don’t have and M.B.A.