After listening to Mike Huckibee as well as some very knowledgeable economists I have come to the conclusion the rebate checks to people is not the answer to help our economy. First, giving these rebate checks to people earning as much as $150,000 is ridiculous. People making six figures will most likely not spend the added money and if the do it will NOT be on something made in the U.S. The case has been made that $150 Billion is too small to impact a $13 Trillion dollar economy and ...
Most on JoeUser refuse to acknowledge reality. My last Blog presented the questions Tim Russet asked the GOP candidates in the Debate this week and the response was to attack me and ignore the issues raised by Mr. Russet because they are not complementary to the GOP Presidential candidates. Here is how the two brain dead on JoeUser responded: “Why would anyone vote for a democrat? They aren't going to control the borders, they are not going to control gas prices......why do yo...
Tim Russet asked all the GOP candidates last night given the dismal record of the past 7 years WHY SHOULD Americans Vote for another Republican? He listed a string of facts about the past 7 years such as: 3 ½ Trillion dollars added to the National debt. Gas prices are double Failure to secure our border No solution to the Funding problem of Social Security The trade problems and loss of manufacturing jobs No energy policy that has made us less dependent on foreign oil NOT ONE...
Look at the caliber of the people who run the two non profit organizations that produced the study that showed Bush and his principal staff LIED about Iraq: These are the Directors of the Fund for Independence in Journalism Bevis Longstreth, Board Chairman Bevis Longstreth is a retired partner of Debevoise & Plimpton and a member of the board of trustees of New School University and the College Retirement Equities Fund. He served as a U.S. Securities and Exchange Commissioner, a memb...
On Tuesday The Center for Public Integrity posted the results of their study about how we got into Iraq. They have posted this study on their web site. They concluded the war, “Was an orchestrated campaign that effectively galvanized public opinion and in the process let the nation to war under decidedly false pretenses”. They found 935 False statements were made about the danger from Iraq by Bush and his minions. Bush himself made 259 false statements about the dander Saddam, pos...
Many economists have doubts that the stimulus plans being talked about will do much to deter a recession. The reason for this doubt is the fact that number one even $150 Billion is a drop in the bucket in a $13 Trillion dollar economy. Second how much of the $150 Billion will actually end up as new spending? I do not know if the size of the proposed plans will be sufficient but I do know the Bush suggestions will not maximize the amount that will end up as new spending. First, Bush h...
Comments about the economy I have made in my Blogs have been criticized now have been proven correct. The issue is the economy and the results of the policies we have been following. The reality is the policies of Bush and the GOP have disproportionately caused the economic benefits flow to business and the wealthy and NOT the average Americans who are falling behind. This has caused people to put more on their debt both credit card and home equity loans and now they are faced with the...
For months I have been documenting how the U.S. Economy was in trouble. Bush supporters have been telling me that I did not know what I was talking about. The economy was sound as Bush has been saying up to two weeks ago. I looked back at my Blogs since January 1, 2007 where I pointed out the problems with the U.S. Economy on the following dates: Feb 2; Aug 9; Aug 16; Aug 19; Aug 29; Oct 16; Dec 21. The response from most on this Blog site was to tell me I did not know what I ...
The comments of President Bush in Israel show he does not have a grasp of the Israeli/Palestinian conflict. He said it is up to the Palestinians if they want a new state or the status Quo. The truth is it depends on BOTH Israel and the Palestinians to have ANY chance of a settlement. The issues that have prevented a settlement will require MAJOR changes by BOTH sides. When Bush says it depends on the Palestinians he shows a lack of real understanding of the reasons why no settlemen...
I guess the assessment of Professor Toshi Tsurumi, who was the economics teacher GWB had at Harvard, was correct when he said George Bush was one of his worst students. Professor Tsurumi said a teacher remembers the best and worst students over the years. George Bush was fortunate in that when he took office we had a balanced budget for the first time in over two decades. We had tax rates that produced just enough revenue to meet our spending levels. Bush and his GOP supporters in Cong...
There was a day when the interests of Big Business were more in line with what was best for America. That day is over. Today the drive for higher and higher profits by large international companies is eliminating American jobs and this country is rapidly becoming indebted to the rest of the world. Our country is becoming dangerously dependent of foreign producers for our most basic needs. Trade agreements make it difficult for American made goods to be sold to other countries and we ar...
For the second time Bush vetoed the bill that would provide millions of children health care. The compromise bill changed the two major objections Bush had to the first bill he vetoed. It lowered the income levels and eliminated illegals from coverage. For anyone to say Bush is a Compassionate Conservative is a LIE! Bush is an evil man who acts in a way that shows he is a hypocrite when he claims to be a Christian! What a disgrace to our great country to have a leader the likes of Ge...
The Democratic debate was very different from the GOP debate yesterday. For one thing the Democrats provided far more responsive answers to the questions then the Republicans. Second the thrust of almost every issue for the Democrats was focused on average Americans rather then on Big Business and the wealthy. On the issue of education the thrust was to improve PUBLIC education and make the quality of that in the cities and rural areas equal to the affluent suburban areas. It was not...
The Secretary of HEW admitted yesterday that the budget for the FDA is not close to what is needed to protect the countries food and drug supply. This is an astounding admission from a member of the Bush Cabinet. We have had 7 Bush Budgets and for six of those years the GOP controlled Congress. During that period imports have doubled and the funding for the FDA has dropped. This clearly shows how misguided the priorities are from the Bush Administration. We have wasted more in Iraq th...
Bush has been telling the world we must stop Iran from going nuclear and our intelligence agencies say they ended their nuclear program in 2003. Last month Bush was warning about the grave danger from Iran and talking about WW III. The conclusions of our intelligence agencies and the Bush rhetoric are not in agreement. What does Bush say about the latest Intelligence that has been made public? He says it shows we are in danger from Iran. There is something very wrong with Bush. ...