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Archive for September 15th, 2007

Greenspan: Iraq was about oil, Republicans are wastrels, the economy is headed for disaster

Posted by Charles II on September 15, 2007

The Republicans will, of course, try to disown and discredit Greenspan, no matter that he was their champion for 20 years. But according to AP, this is what he had to say (sorry, no link):

Former Federal Reserve Chairman Alan Greenspan , in his new book, bashes President Bush for not responsibly handling the nation’s spending and racking up big budget deficits.


He also predicts interest rates will reach double digits in the coming years in order to thwart inflation.


A self-described “libertarian Republican,” Greenspan takes his own party to task for forsaking conservative principles that favor small government.


“My biggest frustration remained the president’s unwillingness to wield his veto against out-of-control spending,” Greenspan wrote.


And he weighed in briefly but pointedly on the Iraq war: “I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.”


Bush took office in 2001, the last time the government produced a budget surplus. Every year after that, the government has been in the red. In 2004, the deficit swelled to a record $413 billion.


“The Republicans in Congress lost their way,” Greenspan wrote. “They swapped principle for power. They ended up with neither. They deserved to lose.”


Looking toward the U.S. economic future, Greenspan predicts that the Fed will have to force interest rates into double digits in order to keep inflation down.


….

“`Deficits don’t matter,’ to my chagrin, became part of Republicans’ rhetoric.”


Greenspan long has argued that persistent budget deficits pose a danger to the economy over the long run.


Posted in economy | 4 Comments »

Projection! It’s Not Just For Breakfast Anymore!

Posted by Phoenix Woman on September 15, 2007

 Land o’ Goshen, but it sure looks like Rudy Giuliani is seeking to surpass Newt Gingrich in the competition for Most Hypocritical Republican Ever:

 Rudy Giuliani got a lot of attention yesterday when he attacked The New York Times for giving MoveOn.org what he called sweetheart pricing on the group’s “General Petraeus or General Betray Us?” ad. Mr. Giuliani expertly rode the right-wing wave of anger over what appeared to be a $65,000 bargain — a $116,000 discount off the rate card.

The American Conservative Union went so far as to file a complaint with the Federal Elections Commission, claiming that MoveOn and the New York Times Co. violated the “Federal Election Campaign Act of 1971, as amended, and the Bipartisan Campaign Reform Act of 2002.”

But at the end of the week, when his campaign took out an ad in the Times advocating the opposite point of view, Giuliani paid the going rate for a full-page standby ad in the Times: $65,000.

Wow!  How did that happen?  Did Rudy shame the Evil Commie Symps at the NYT into giving a Manly Man like himself some slack?  Erm, no:

But MoveOn bought its ad on a “standby” basis, under which it can ask for a day and placement in the paper but doesn’t get any guarantees. Standby pricing doesn’t appear on the Times rate card — but that kind of ad at a standby rate turns out to run about $65,000.

And that’s what the Giuliani campaign paid as well, according to one person close to the Times, for its counter ad today berating MoveOn and, in turn, Hillary Clinton for refusing to denounce the “Betray Us” ad.

But surely there must be some misunderstanding!  Perhaps the Giuliani media team is inexperienced in the ways of the media world?   Erm, no:

Mr. Giuliani has assembled a pretty experienced media team, including agencies such as Scott Howell & Associates, which says it has a 15-year record of success with clients such as President George W. Bush, the Republican National Committee and the Republican Governor’s Association. It seems fair to assume that somebody there knows this much about newspaper buys: Almost nobody pays the prices that newspapers list on their rate cards or in their media kits.

Ah, so Rudy and his team are in fact hypocritical lying skanks.  Thanks for the clarification.

Posted in 2008, anti-truth, beat the press, distractions, Flying Monkey Right, GOP bullying, GOP/Media Complex, hypocrites, Newt Gingrich | Comments Off on Projection! It’s Not Just For Breakfast Anymore!

Quote of the Day

Posted by MEC on September 15, 2007

Jon Stewart, on his September 12 show, talking about George W. Bush:

“I get a sense of a man who is very proud of the person he believes himself to be but he is, in fact, the opposite of that person.”

Posted in Jon Stewart, madness of King George | Comments Off on Quote of the Day

Good Role Models

Posted by MEC on September 15, 2007

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(Ian Fairclough / Valley Bureau, Chronicle Herald, Nova Scotia)

When two seniors at a high school in Nova Scotia saw a freshman being bullied, they decided to take responsibility for stopping it.

The Grade 9 student arrived for the first day of school last Wednesday and was set upon by a group of six to 10 older students who mocked him, called him a homosexual for wearing pink and threatened to beat him up.
 

The next day, Grade 12 students David Shepherd and Travis Price decided something had to be done about bullying.
 

“It’s my last year. I’ve stood around too long and I wanted to do something,” said David.
 

They used the Internet to encourage people to wear pink and bought 75 pink tank tops for male students to wear. They handed out the shirts in the lobby before class last Friday — even the bullied student had one.
 

[…]
 

David said one of the bullies angrily asked him whether he knew pink on a male was a symbol of homosexuality.
 

He told the bully that didn’t matter to him and shouldn’t to anyone.
 

[…]
 

“Our intention was to stand up for this kid so he doesn’t get picked on.”
 

Travis said the bullies “keep giving us dirty looks, but we know we have the support of the whole student body.

There are several lessons here:

Do the right thing, and most people will support you. But to get that support, you have to do something.

You can’t wait for somebody else to do it first. You don’t need to ask whether other people will agree with you. If you want the right thing to happen, do it.

The issues bullies use as excuses to push people around are not the real reason. The real reason is that they want to push people around. Don’t let the pretext deter you from fighting back.

Show a little imagination and courage, and the bullies will be powerless.

Got that, Congressional Democrats?

Posted in doing the right thing, Good Things | 3 Comments »

Saturday Morning News Roundup

Posted by Phoenix Woman on September 15, 2007

cat-herding.jpg

 Here’s some goodies you won’t be seeing on the evening news any time soon:

— If what this story hints at is true, Laura Bush needn’t fear that Condi Rice is after her husband.

— Heckuva job, Gossie:   Bush zampolit Porter Goss pissed off a ton of CIA professionals; Goss’ successor, Michael Hayden, is starting off on the right foot by bringing them back into the fold, signaling a return to sanity.

—  The international credit crunch (a crunch triggered by the deficit-spending habits of BushCo and his like-minded friends worldwide) has just started to take down UK banks like Northern Rock.

Posted in Uncategorized | Comments Off on Saturday Morning News Roundup

 
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