The election is over and historic in precedence. It was an election strongly motivating people of this country to reclaim their nation, and doing it by the stroke of their own hand. Their reclaimation sent a powerful message they will fight the elitist Washington establishment with some new blood and trusted old blood. This election, the people made their voice soundly heard with resounding crescendos. They did it with their vote in the greatest election turn out in the nation's history. By a silent junta, the power is back to the people.
The Democrats heard the message of the people's pain and anguish and spread the word. The days of the Washington establishment is no longer tolorated. The Republicans will not be in power to work their devious greedy agendas over the American people, while they suck up to the lobbyist from Corporations who drive the Washington inner circle with secret, outlandish sums of money.
All over this country, people sensed and smelled change in the wind. They inhaled it, and wanted the change en masse. Eighteen months ago, a subtle fire of the Democratic movement by several visible candidates; foremost Hillary Clinton, Joe Biden and Barack Obama called on Americans to take back their nation. Their voices ignited a smoldering America and was fueled by the people's anger at the Bush administration...the firestorm of change was underway.
The Republican Ways: Lies, Fear, Deception and Deceit.
America was appalled as John McCain, his trophy wife Cindy and Sarah Palin, used the Karl Rove Republican handbook to deceive their way across country with great intensity, in an attempt to foil reason and common sense. Their theme was "Straight Talk," however, it was anything but straight talk.
They used turncoat surrogates like Joe Lieberman and the FOX media Neocons to make their case with blistering false attacks, character assassination and incendiary lies. They only wound up as dispicable people who freely abandoned their principles in an attempt for power and enhanced reputation. In the end lost it all.
The American people saw through their childish temper tantrums, lies, distortions and deceptions as attempts to manipulate their minds, and soundly resisted it. Some sadly, were fooled by their scorching rhetoric. Americans perceived McCain as an angry old man, using everyone in his reach to get what he wants: personal power backed by a nation in angst. He used fear as a principle motivator, which may have some short term affect, but is quickly seen by the media and the American people as derisive fear mongering and exploitive racism.
Sarah Palin, the Alaskan Govenor was his brash, young woman star, tapped in a Hail Mary act of desperation as VP candidate. Palin had no skill, or aptitude to be a VP , and certainly no knowledge of the critical aspects of world affairs as well as American affairs
McCain dressed her on the taxpayers booty, put her out as an attack dog to scream and screech her venom of his lies and deceptions. In the end, she denounces the McCain campaign as 'jerks and cowardly,' and appeared to be grudging and pitiful...as some would say stupid. Now, she praises saying, "God bless Barack Obama." What a suck up Sarah!
By a huge majority, the American people saw through this deception. Using their vote they spoke in a stinging repudiation of the worn out Republican Neocon Karl Rove tactics, and for life enhancing freedom of Democratic changes. Now, watch the Republicans start sucking up after offering their traitor's kiss.
Showing posts with label McCain. Show all posts
Showing posts with label McCain. Show all posts
Sunday, November 9, 2008
Thursday, August 7, 2008
Enron Loophole: By Eliminating It, Oil Prices Can Be Cut 50 Percent In Thirty Days.
Oregon US Representative Peter DeFazio in his recent report: “Special Report on Energy Solutions” indicates there are three ways we can quickly reduce gas prices. A primary way to have quick results is to close the Enron Loophole.
What is the Enron Loophole?
Back in 2000, Congress passed and Bill Clinton signed into law the “Commodities Future Modernization Act of 2000 [CFMA]. This bill has direct impact because it limits the transparency of speculators and hedge funds operators. These investors can hide in the financial shadows and do business under cover.
It is a Republican effort to manipulate oil prices. Oil, natural gas and other commodity markets deregulated by the Republican led Congress to the benefit of vast corporations like Enron.
How it happened
While Ken Lay, Enron CEO was convicted of massive corporate fraud, and his company went bankrupt, the “Enron Loophole” a provision that was slipped into the bill in the dead of night at the behest of McCain’s buddy, Senator Phil Gramm [R-TX], exempts from regulation energy trading on electronic platforms. This bill lives on, and under the protection of John McCain and his Republican cohorts covering for his speculator and hedge fund friends. John McCain shifts his emphasis for reducing gas prices by shifting and consistently talking about drilling for oil offshore and ANWAR. It is a political ploy and deception to divert from the truth of the catastrophic Enron Loophole and its Republican protection for the oil industry.
Speculators unchallenged by federal regulations
As a result, $260 billion of speculative money has flowed into the commodity markets in the last five years, unnecessarily driving up the price of nearly everything. The speculators and hedge fund investors go unregulated by the federal government. It is rumored, one Wall Street brokerage firm controls more oil and gas in the current marketplace through speculation contracts than Exxon/Mobile, the largest US oil company.
1. Closing the loophole means big savings at the pump
According to testimony before Congress, in June from three Wall Street analysts, oil prices could be cut up to 50 percent by elimination price manipulation in the oil market, this means closing the Enron Loophole. Barack Obama said, “As president he would strengthen government oversight of energy traders he blames in a large part for the skyrocketing price of oil.” Obama particularly cited the ‘Enron Loophole’ as allowing speculators to run up the cost of fuel by operating outside federal regulation.
First steps in closing the loophole
According to Representative DeFazio, the House recently took the first step in closing the loophole by passing H.R. 6377, Energy Markets Emergency Act that will direct the Commodity Futures Trade Commission (CTFC) to uses its full authority to curtail speculation and other practices distorting the energy market. The Senate has yet to act on this legislation.
Congress needs to pass comprehensive to stop price manipulation. Representative Peter DeFazio is the original co-sponsor for H.R. 6330. The 2008 Prevent Unfair Manipulation of Prices (PUMP) Act, it is a comprehensive bill aimed at closing several loopholes allowing price manipulation.
2. Oil leases: Use them, or lose them
Representative DeFazio says Republican’s in Congress claim prices would fall if we sell more leases for drilling offshore and in the Alaska National Wildlife Refuge (ANWR). This argument completely ignores the fact that oil companies currently hold over 10,000 leases they are not drilling. In addition, these unused leases they can access 80 percent of the available oil and gas reserves. If we are to reduce our dependency on foreign in the next few years, Congress must force the oil industry to producing more domestic gas and oil in the next few years.
To expedite development Representative DeFazio co-sponsored H.R. 6251, the Use It or Lose It Act, a common sense bill requiring the oil industry to use the leases they already have, or risk losing the right to bid on future leases.
Alaska is open and sanctioned for drilling
More than 91 million acres in Alaska are open for drilling. The single proven biggest pool of oil is in the United States is not under ANWAR, but next door in the National Petroleum Reserve Alaska (NPRA), which has at least 10.6 billion barrels of recoverable oil. The reserve is open for business with billions of barrels of oil for the taking, but is disregarded by the oil industry. With high gas prices at the pump and record profits, they are clearly saving their assets in the ground.
3. End OPEC stranglehold price fixing
The world demand for oil has escalated at an alarming rate , but the Organization of Petroleum Exporting Countries (OPEC) has conspired to decrease production. In 2007, the Middle East’s six largest oil exporters-Saudia Arabia, United Arab Emiratres, Iran, Kuwait, Iraq, and Qatar- reduced their exports by 862,000 barrels a day. OPEC’s oil production peaked in 2005 and has been capped or cut ever since. The amount of crude oil exported by the world’s top oil producers was reduced 2.5 last year, despite a 57 percent increase in prices.
Legally challenge OPEC for violating WTO rules
Last month, Bush-for the second time this year pleaded with the Saudis to increase their oil production. His pleas were unsuccessful. Representative DeFazio has called on the administration to file a trade complaint against OPEC for violating WTO rules. There is strong legal basis for the US to pursue this trade complaint because colluding to set production levels violates WTO rules, specifically Article Xl.
The US government has filed a number of cases with the WTO on behalf of large multinational corporations. It is about time the administration file a complaint to break the pricing stranglehold of the OPEC cartel.
Domestic Energy Supplies
The US uses about 25 percent of the world's oil production, but holds only three percent of the world oil reserves. We simply cannot drill our way out of this crisis over the long term, but we can moderate he current price spike with domestic production. The Bush Administration and big oil are perpetuating a great myth; drilling restrictions are blocking supply and driving up the price of oil. However, according to the Department of the Interior, 82 percent of the natural gas deposits and 79 percent of the oil deposits thought to exist in the Outer Continental Shelf (OCS) is located in areas currently leased and fully accessible.
Republicans mislead and lie to confuse
Republicans in Congress claim that 85 percent of the OCS is blocked from oil and gas drilling is a misleading statistic that refers to acrage, not actual oil and gas deposits. When it comes to boosting supply, available deposits matter, acres do not. The vast majority of viable oil and deposits are already available for development and are sitting idle. John McCain knows this, still he cries the mantra about off shore drilling, a bullshit cry to irritate and confuse Americans with a deceptive a message, he whines it with a straight face and dishonest mouth.
The fact is 79 percent of the oil potentially available on the OCS is already open for leasing, however the oil companies have not made it any priority to drill there. These untapped resources equal more than 14 years of the current US oil consumption.
What is the Enron Loophole?
Back in 2000, Congress passed and Bill Clinton signed into law the “Commodities Future Modernization Act of 2000 [CFMA]. This bill has direct impact because it limits the transparency of speculators and hedge funds operators. These investors can hide in the financial shadows and do business under cover.
It is a Republican effort to manipulate oil prices. Oil, natural gas and other commodity markets deregulated by the Republican led Congress to the benefit of vast corporations like Enron.
How it happened
While Ken Lay, Enron CEO was convicted of massive corporate fraud, and his company went bankrupt, the “Enron Loophole” a provision that was slipped into the bill in the dead of night at the behest of McCain’s buddy, Senator Phil Gramm [R-TX], exempts from regulation energy trading on electronic platforms. This bill lives on, and under the protection of John McCain and his Republican cohorts covering for his speculator and hedge fund friends. John McCain shifts his emphasis for reducing gas prices by shifting and consistently talking about drilling for oil offshore and ANWAR. It is a political ploy and deception to divert from the truth of the catastrophic Enron Loophole and its Republican protection for the oil industry.
Speculators unchallenged by federal regulations
As a result, $260 billion of speculative money has flowed into the commodity markets in the last five years, unnecessarily driving up the price of nearly everything. The speculators and hedge fund investors go unregulated by the federal government. It is rumored, one Wall Street brokerage firm controls more oil and gas in the current marketplace through speculation contracts than Exxon/Mobile, the largest US oil company.
1. Closing the loophole means big savings at the pump
According to testimony before Congress, in June from three Wall Street analysts, oil prices could be cut up to 50 percent by elimination price manipulation in the oil market, this means closing the Enron Loophole. Barack Obama said, “As president he would strengthen government oversight of energy traders he blames in a large part for the skyrocketing price of oil.” Obama particularly cited the ‘Enron Loophole’ as allowing speculators to run up the cost of fuel by operating outside federal regulation.
First steps in closing the loophole
According to Representative DeFazio, the House recently took the first step in closing the loophole by passing H.R. 6377, Energy Markets Emergency Act that will direct the Commodity Futures Trade Commission (CTFC) to uses its full authority to curtail speculation and other practices distorting the energy market. The Senate has yet to act on this legislation.
Congress needs to pass comprehensive to stop price manipulation. Representative Peter DeFazio is the original co-sponsor for H.R. 6330. The 2008 Prevent Unfair Manipulation of Prices (PUMP) Act, it is a comprehensive bill aimed at closing several loopholes allowing price manipulation.
2. Oil leases: Use them, or lose them
Representative DeFazio says Republican’s in Congress claim prices would fall if we sell more leases for drilling offshore and in the Alaska National Wildlife Refuge (ANWR). This argument completely ignores the fact that oil companies currently hold over 10,000 leases they are not drilling. In addition, these unused leases they can access 80 percent of the available oil and gas reserves. If we are to reduce our dependency on foreign in the next few years, Congress must force the oil industry to producing more domestic gas and oil in the next few years.
To expedite development Representative DeFazio co-sponsored H.R. 6251, the Use It or Lose It Act, a common sense bill requiring the oil industry to use the leases they already have, or risk losing the right to bid on future leases.
Alaska is open and sanctioned for drilling
More than 91 million acres in Alaska are open for drilling. The single proven biggest pool of oil is in the United States is not under ANWAR, but next door in the National Petroleum Reserve Alaska (NPRA), which has at least 10.6 billion barrels of recoverable oil. The reserve is open for business with billions of barrels of oil for the taking, but is disregarded by the oil industry. With high gas prices at the pump and record profits, they are clearly saving their assets in the ground.
3. End OPEC stranglehold price fixing
The world demand for oil has escalated at an alarming rate , but the Organization of Petroleum Exporting Countries (OPEC) has conspired to decrease production. In 2007, the Middle East’s six largest oil exporters-Saudia Arabia, United Arab Emiratres, Iran, Kuwait, Iraq, and Qatar- reduced their exports by 862,000 barrels a day. OPEC’s oil production peaked in 2005 and has been capped or cut ever since. The amount of crude oil exported by the world’s top oil producers was reduced 2.5 last year, despite a 57 percent increase in prices.
Legally challenge OPEC for violating WTO rules
Last month, Bush-for the second time this year pleaded with the Saudis to increase their oil production. His pleas were unsuccessful. Representative DeFazio has called on the administration to file a trade complaint against OPEC for violating WTO rules. There is strong legal basis for the US to pursue this trade complaint because colluding to set production levels violates WTO rules, specifically Article Xl.
The US government has filed a number of cases with the WTO on behalf of large multinational corporations. It is about time the administration file a complaint to break the pricing stranglehold of the OPEC cartel.
Domestic Energy Supplies
The US uses about 25 percent of the world's oil production, but holds only three percent of the world oil reserves. We simply cannot drill our way out of this crisis over the long term, but we can moderate he current price spike with domestic production. The Bush Administration and big oil are perpetuating a great myth; drilling restrictions are blocking supply and driving up the price of oil. However, according to the Department of the Interior, 82 percent of the natural gas deposits and 79 percent of the oil deposits thought to exist in the Outer Continental Shelf (OCS) is located in areas currently leased and fully accessible.
Republicans mislead and lie to confuse
Republicans in Congress claim that 85 percent of the OCS is blocked from oil and gas drilling is a misleading statistic that refers to acrage, not actual oil and gas deposits. When it comes to boosting supply, available deposits matter, acres do not. The vast majority of viable oil and deposits are already available for development and are sitting idle. John McCain knows this, still he cries the mantra about off shore drilling, a bullshit cry to irritate and confuse Americans with a deceptive a message, he whines it with a straight face and dishonest mouth.
The fact is 79 percent of the oil potentially available on the OCS is already open for leasing, however the oil companies have not made it any priority to drill there. These untapped resources equal more than 14 years of the current US oil consumption.
Saturday, February 9, 2008
John McCain: Republican hip shooter with a forked tongue!
Senator John McCain use to be a decent senator from Arizona. He was likable, until he started shooting from the hip, and speaking with a forked tongue. The trouble with hip shooters is they leave ridiculous messes behind to be cleaned up by others. A forked tongue is one that cannot be trusted with truth.
The Republicans say McCain is a political maverick. Political mavericks are generally political independents. He is not an Independent or maverick! He is a divisive, opportunistic politico who will do and say whatever it takes to get elected. He claims to be a straight talker. However, he adroitly picks and chooses politically what he talks straight about. When his campaign was at death's door, he started kissing and kissing the right wing Conservatives and Evangelicals. They saw through his puckered lips and in the recent Super Tuesday, he was rightly snubbed. They gave their votes to Huckabee. McCain would not make a pimple on an Independents arse.
Now John McCain has to start kissing right wingers all over again. But, the Conservatives and particularly Evangelicals have long memories of betrayal. They remember the the betrayal from another kiss.
John McCain co-sponsored the "Use of Force Authorization" giving Bush a go-ahead green light and a blank check for invading Iraq. [SJ Res 46,10.3.02] He used many of the inflammatory, weightless fear arguments Rumsfeld, Cheney and Bush used to advocate war. His political reputation as an senator and Iraq war hawk hangs with this sad, pathetic trio, and his vote to rush to their much wanted war.
He thinks, and vehemently states the Iraq surge is working and preaches; winning, winning, winning. But, he does not say or acknowledge the military people agree it is a war we "cannot" win. He will not talk in any detail about why the surge was done; that is to buy time for Iraq's parliament to form a constitutionally, functional government. This can only be done through a political solution.
He continuously preaches winning in Iraq while demonizing those who want to find a responsible way out of Iraq. It is a wildly false perception. McCain says, "I believe to set a date for withdrawal is to set a date for surrender." Saying he is willing to stay as occupiers for a hundred years. "It would be just fine with me." He calls his colleagues who opposed the resolution for troop surge as "intellectually dishonest."[Associated Press 2.4.2007]
He jumps from issue to issue like a cat prancing on a Arizona hot tin roof. He opposed the creation of an independent commission to investigate the errant development and use of intelligence manufactured to lead us to war. In essence, John McCain voted against holding Bush accountable for his actions in the war. His straight-talk, is typical McCain shooting from the hip. It is far from what American Conservatives, or Liberals consider as straight talk.
McCain is one of only thirteen senators to vote against adding $430 million for inpatient/outpatient care for veterans. [S Admt 3642 to HR 4939 , Vote 98, 4.26.06]
He voted against mandatory minimum downtime between tours of duty for troops serving in Iraq. So much for caring for our "brave sons and daughters" serving our nation.
He is a Bush war hawk, a war mongerer, but openly wanted to get rid of Rumsfeld. However, on 5.12.2004 McCain said about Rumsfeld's continuing as an effective secretary of defense. "Yes , I do and I believe he's done a fine job. He's an honorable man. " Why the flip-flop on the war directions?
John McCain is not a good conservative Republican package with wide appeal. Beneath his rancorous facade, he really offers no consistent, suitable, acceptable programs or policies or the good of the nation. He is for continuing the Iraq war, but thinks government has too much deficit spending. How can McCain be for both?
He is non-definitive, not a conservative or liberal. He is a seventy-one year old man whose time has not come, but is over. He is an often out of control abusive, angry man with a quick hair-trigger temper he often unleashes disrespectfully aimed at his critics or Republican colleagues, calling them vile, guttural names. Is this the temperament we want in a president?
McCain consistently champions and co-sponsors bills, then votes against them. He voted against the Bush tax cut saying the money should go to the lower and middle classes who need it and can rapidly feed it into our economy. Now, he is for making the tax cuts permanent. Does he need the influx of campaign funds from those wealthy people and Wall Street corporations? Probably!
For three years, McCain championed the highly controversial Immigration Reform efforts for a viable solution to our immigration problems. It was a good idea that dealt with a serious problem. Many Democrats were with him, but, it infuriated the Conservatives. When asked recently if as president would he sign the bill into law? He responded with a taciturn. "No, I would not because we know what the situation is today." The situation is political, as McCain is now the presidential Republican front-runner. He continues jumping issues like the cat on the hot tin roof.
Senator McCain ignored the recent Senate stimulus vote on whether to make 20 million seniors and 250,000 disabled veterans eligible for rebate checks as part of the package. The vote was within one, his vote could have made a difference. But, by not standing for the deciding vote, he once again showed he did not have the political guts to support his fellow seniors and veterans as part of the stimulus package. There is a huge chasm between his rhetoric and action.
The conservatives do not like him or his values, they are polarized. But quietly, they are afraid of losing the White House for at least eight years to the Democrats. He has rubbed their face in the dirt with his provocative rhetoric and votes. The liberals do not want him for the same reasons...John McCain cannot be trusted in the White House to do the will, and work of the people. He shoots from the hip and speaks with a forked tongue. Go figure!
The Republicans say McCain is a political maverick. Political mavericks are generally political independents. He is not an Independent or maverick! He is a divisive, opportunistic politico who will do and say whatever it takes to get elected. He claims to be a straight talker. However, he adroitly picks and chooses politically what he talks straight about. When his campaign was at death's door, he started kissing and kissing the right wing Conservatives and Evangelicals. They saw through his puckered lips and in the recent Super Tuesday, he was rightly snubbed. They gave their votes to Huckabee. McCain would not make a pimple on an Independents arse.
Now John McCain has to start kissing right wingers all over again. But, the Conservatives and particularly Evangelicals have long memories of betrayal. They remember the the betrayal from another kiss.
John McCain co-sponsored the "Use of Force Authorization" giving Bush a go-ahead green light and a blank check for invading Iraq. [SJ Res 46,10.3.02] He used many of the inflammatory, weightless fear arguments Rumsfeld, Cheney and Bush used to advocate war. His political reputation as an senator and Iraq war hawk hangs with this sad, pathetic trio, and his vote to rush to their much wanted war.
He thinks, and vehemently states the Iraq surge is working and preaches; winning, winning, winning. But, he does not say or acknowledge the military people agree it is a war we "cannot" win. He will not talk in any detail about why the surge was done; that is to buy time for Iraq's parliament to form a constitutionally, functional government. This can only be done through a political solution.
He continuously preaches winning in Iraq while demonizing those who want to find a responsible way out of Iraq. It is a wildly false perception. McCain says, "I believe to set a date for withdrawal is to set a date for surrender." Saying he is willing to stay as occupiers for a hundred years. "It would be just fine with me." He calls his colleagues who opposed the resolution for troop surge as "intellectually dishonest."[Associated Press 2.4.2007]
He jumps from issue to issue like a cat prancing on a Arizona hot tin roof. He opposed the creation of an independent commission to investigate the errant development and use of intelligence manufactured to lead us to war. In essence, John McCain voted against holding Bush accountable for his actions in the war. His straight-talk, is typical McCain shooting from the hip. It is far from what American Conservatives, or Liberals consider as straight talk.
McCain is one of only thirteen senators to vote against adding $430 million for inpatient/outpatient care for veterans. [S Admt 3642 to HR 4939 , Vote 98, 4.26.06]
He voted against mandatory minimum downtime between tours of duty for troops serving in Iraq. So much for caring for our "brave sons and daughters" serving our nation.
He is a Bush war hawk, a war mongerer, but openly wanted to get rid of Rumsfeld. However, on 5.12.2004 McCain said about Rumsfeld's continuing as an effective secretary of defense. "Yes , I do and I believe he's done a fine job. He's an honorable man. " Why the flip-flop on the war directions?
John McCain is not a good conservative Republican package with wide appeal. Beneath his rancorous facade, he really offers no consistent, suitable, acceptable programs or policies or the good of the nation. He is for continuing the Iraq war, but thinks government has too much deficit spending. How can McCain be for both?
He is non-definitive, not a conservative or liberal. He is a seventy-one year old man whose time has not come, but is over. He is an often out of control abusive, angry man with a quick hair-trigger temper he often unleashes disrespectfully aimed at his critics or Republican colleagues, calling them vile, guttural names. Is this the temperament we want in a president?
McCain consistently champions and co-sponsors bills, then votes against them. He voted against the Bush tax cut saying the money should go to the lower and middle classes who need it and can rapidly feed it into our economy. Now, he is for making the tax cuts permanent. Does he need the influx of campaign funds from those wealthy people and Wall Street corporations? Probably!
For three years, McCain championed the highly controversial Immigration Reform efforts for a viable solution to our immigration problems. It was a good idea that dealt with a serious problem. Many Democrats were with him, but, it infuriated the Conservatives. When asked recently if as president would he sign the bill into law? He responded with a taciturn. "No, I would not because we know what the situation is today." The situation is political, as McCain is now the presidential Republican front-runner. He continues jumping issues like the cat on the hot tin roof.
Senator McCain ignored the recent Senate stimulus vote on whether to make 20 million seniors and 250,000 disabled veterans eligible for rebate checks as part of the package. The vote was within one, his vote could have made a difference. But, by not standing for the deciding vote, he once again showed he did not have the political guts to support his fellow seniors and veterans as part of the stimulus package. There is a huge chasm between his rhetoric and action.
The conservatives do not like him or his values, they are polarized. But quietly, they are afraid of losing the White House for at least eight years to the Democrats. He has rubbed their face in the dirt with his provocative rhetoric and votes. The liberals do not want him for the same reasons...John McCain cannot be trusted in the White House to do the will, and work of the people. He shoots from the hip and speaks with a forked tongue. Go figure!
Friday, February 8, 2008
The Stimulus: A political "feel good "game!
What does our government not know about how to stimulate the economy? Move quickly and provide stimulus to the sectors and people who need it, and can inject it immediately into our economy...and keep doing it for at least a year. One shot is not enough.
A political feel good package is not the answer, but, seems to be the norm for this Neocom bunch that can't think their way out of a paper bag, and work for the good of the nation! The American people witness this fiasco, and are disgusted with Republican hidden agendas and their war on the lower and middle classes.
The senate passed a stimulus package today (2.7.2008) that is nothing more than a band aide on a gushing financial and economic wound slowly bleeding our nation of its life. It is a "feel good" package , a political game to give the Republican rich and famous corporations meat and potatoes while the people who really need a meal get crumbs. Missing are several key Democratic recommendations.
The idea of giving a one-time rebate to people who make $150-$300 thousand a year is baffling. To consider they will immediately put it into the economy is wishful thinking. It would be good if higher rebates could go to the middle class who will immediately put it into the economy. Remember these checks will not be available until around April or May. We may be looking at July before the money starts to trickle into our economy. just in time for another shot of empty rhetoric. So much for immediate stimulus. By initially taking so long they may have defeated the purpose of the stimulus.
The final vote 58-41 was just short of the required number to move the bill forward to the final vote. Eight Republicans joined the Democrats against Republican leaders and Bush over their vocifeous objections to what they refer to a costly "add-0ns" in the package.
The Democrat senators skillfully painted the Republicans into a box with a take or leave it proposal. They summoned senators Hillary Clinton and Barack Obama to Washington for the vote, showing solidarity behind their proposed plan. Senator John McCain was in Washington, but did not vote in support of veterans and seniors , which he is both. We clearly know where his heart lies, or is it that he lies from the heart.
The Republicans blocked the vote by one, but, it opened a fissure in the party indicating something is going to give. It is a fearful message to the Neocons. They might actually have to do a little something to benefit the country (instead of holding to their agenda of wealthy and corporations first) with rebates for a larger amount of the lower and middle class, seniors , disabled veterans, heating aid for the poor, food stamps and extended unemployment benefits. They must have choked at the thought.
However, Republican leaders were greatly concerned about defections, and exerted massive pressure on Republican senators not to support the Democratic plan. Typical bipartisian crap!
Stay tuned there will be more on this recession the Imperial Bush spins as an economic downturn.
A political feel good package is not the answer, but, seems to be the norm for this Neocom bunch that can't think their way out of a paper bag, and work for the good of the nation! The American people witness this fiasco, and are disgusted with Republican hidden agendas and their war on the lower and middle classes.
The senate passed a stimulus package today (2.7.2008) that is nothing more than a band aide on a gushing financial and economic wound slowly bleeding our nation of its life. It is a "feel good" package , a political game to give the Republican rich and famous corporations meat and potatoes while the people who really need a meal get crumbs. Missing are several key Democratic recommendations.
The idea of giving a one-time rebate to people who make $150-$300 thousand a year is baffling. To consider they will immediately put it into the economy is wishful thinking. It would be good if higher rebates could go to the middle class who will immediately put it into the economy. Remember these checks will not be available until around April or May. We may be looking at July before the money starts to trickle into our economy. just in time for another shot of empty rhetoric. So much for immediate stimulus. By initially taking so long they may have defeated the purpose of the stimulus.
The final vote 58-41 was just short of the required number to move the bill forward to the final vote. Eight Republicans joined the Democrats against Republican leaders and Bush over their vocifeous objections to what they refer to a costly "add-0ns" in the package.
The Democrat senators skillfully painted the Republicans into a box with a take or leave it proposal. They summoned senators Hillary Clinton and Barack Obama to Washington for the vote, showing solidarity behind their proposed plan. Senator John McCain was in Washington, but did not vote in support of veterans and seniors , which he is both. We clearly know where his heart lies, or is it that he lies from the heart.
The Republicans blocked the vote by one, but, it opened a fissure in the party indicating something is going to give. It is a fearful message to the Neocons. They might actually have to do a little something to benefit the country (instead of holding to their agenda of wealthy and corporations first) with rebates for a larger amount of the lower and middle class, seniors , disabled veterans, heating aid for the poor, food stamps and extended unemployment benefits. They must have choked at the thought.
However, Republican leaders were greatly concerned about defections, and exerted massive pressure on Republican senators not to support the Democratic plan. Typical bipartisian crap!
Stay tuned there will be more on this recession the Imperial Bush spins as an economic downturn.
Subscribe to:
Posts (Atom)