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This Economy Is Good For Whom?

Well, you may already know this, but every time some rightwinger suggests lowering taxes is the answer to what ails our economy, you should ask them how they expect to pay for those things we expect our government to do. Where is all the fiscal conservatism in the GOP these days? Certainly there is none when it comes to the W, Rove and Co.

President Bush wants to cut funding for teaching hospitals and freeze medical research in a $3 trillion budget for 2009 that is still likely to generate a record deficit once war costs are tallied up.

The Bush budget to be submitted Monday would cut the budget for the Health and Human Services Department by $2 billion, or 3 percent. By contrast, the Pentagon would get a $35 billion increase to $515 billion for core programs, with war costs additional.

With tax revenue falling as the economy slows - and with the deficit-fina nced economic stimulus bill adding more than $150 billion in red ink to federal ledgers over 2008-09 - the White House acknowledges that the budget deficit for this year and next is projected to reach $400 billion or more.

The largest-ever budget deficit, $413 billion, was recorded in 2004. Bush’s budget will forecast a deficit for 2009 that’s below that, an administrati on official said. But that assumes costs of $70 billion for the wars in Iraq and Afghanistan, well below the almost $200 billion request for this year.

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Bite Me Big Oil!

For the first time in 32 years the Congress is actually doing something about the real energy crisis here at home in America. I’m not talking about supply and demand. I’m talking about the reality that our nation is ruled by OIL. All hail his Majesty the King paid for by a generous donation by Exxon Mobil, Texaco, Chevron and Shell etc, etc.

America has a demand problem and as the largest market user of all oil based products in the world there is a market to manipulate when the ones producing the product are netting mega billions a quarter. I’m funny that way, billions of dollars in profit’s a quarter, hmm do you think they are using that profit for the greater good? I don’t think so either. Trillions are to be made on the open market and when you have billions of dollars piling up quarter after quarter it posses a ledger problem that becomes an accountants nightmare. If it isn’t spent on “Research and Development or other purposes investing in the corporation then those profits are taxable. Then again, maybe not given all the subsidies to the oil companies under W.
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Jim Gooch: National Embarrassment

The bright people in Kentucky are all apparently suffering from voter apathy. That’s the only reason I can surmise that explains why a raving starkers buffoon like Jim Gooch got into the Kentucky House. Check this out:

“You can only hear that the sky is falling so many times,” said Kentucky Representati ve Jim Gooch, explaining why he only invited global warming skeptics with no scientific background to address state legislators on climate issues. Gooch, the Kentucky Democrats’ chief environmenta l strategist, is “a longtime ally of the coal industry.” His invitees were James Taylor, a fellow with the Heartland Institute, a think tank partially funded by ExxonMobil; and Lord Christopher Monckton, an adviser to former British Prime Minister Margaret Thatcher who once suggested that HIV / AIDS patients “be locked up for life.” During the Kentucky hearing, “Monckton quoted the Bible and quickly recited math formulas as he accused [Nobel laureates Al] Gore and IPCC scientists of lying to make warming seem worse than it is.” Taylor claimed that “most scientists don’t believe in global warming,” and that hotter weather would allow “our children” to “enjoy an Earth with far more plant and animal life.” After protests by legislators, Gooch allowed “two environmenta lists in the audience talk about global warming … for about five minutes each.”

Shorter Gooch: “I can’t hear you! La la la la la la la la!!!”


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Screw You OPEC and Wall Street!

With the never ending rise in the price of oil comes the never ending desire of Americans to find a better way. Some months ago I wrote a piece on the strangle hold that OPEC has on not just America but the world. In it I mentioned that the last stage coach was probably the best built carriage in the world but the combustion engine eventually put it out of its misery.

American’s can be a funny group of people. We are not well liked around the world for many reasons and one of them is our arrogance or intolerance of anyone saying “It can not be done!” Screw you, or some other creative twist of the English language is usually replied in return. Not in the board rooms of our nations corporations but in the barns, the sheds, the garages of Americans that know that IT can be done!
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Oil Markets out of Control

Once more the nation is facing $3 gasoline and home heating oil over speculation and what some would think is market manipulation . While the market and its volatility are soaring out of control you can almost here the cash registers ringing non stop for all of the friends of President Bush. With his lack of action on behalf of the lower classes of America he is proving the point made by thousands of political writers like yours truly that he is a puppet President.

This man that claims to be a great listener is tone deaf when it comes to the people that can least afford the greatest inflationary market driven product in the world. Oil and the price of it effects practically every product made in the United States. From your vegetables getting from the fields in California to the local supermarket in New England, to anything made with plastics. Take a break, look around you computer desk or just around your living room. The wires insulated with PVC that burn the lamps that you read or watch television by are oil based. The cabinet to your television, the keyboard of your computer and most of the parts inside of it, stereo, DVD player, surround sound speakers, the sneakers on your feet, the bottled water container that you drink because it supposed to be good for you. Just for giggles make a list, when you get over one hundred items in your living room, move to the kitchen. Take a deep breath and get ready for writers cramp. All of them are oil based products in one form or another. Everything in our society is linked to oil and the higher the price goes it seems the wider the smirk on W gets.
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