Archive for the George W. Bush Category
Don’t blame Flap who didn’t support the financial bailout.
In the six weeks since lawmakers approved the Treasury’s massive bailout of financial firms, the government has poured money into the country’s largest banks, recruited smaller banks into the program and repeatedly widened its scope to cover yet other types of businesses, from insurers to consumer lenders.
Along the way, the Bush administration has committed $290 billion of the $700 billion rescue package.
Yet for all this activity, no formal action has been taken to fill the independent oversight posts established by Congress when it approved the bailout to prevent corruption and government waste. Nor has the first monitoring report required by lawmakers been completed, though the initial deadline has passed.
“It’s a mess,” said Eric M. Thorson, the Treasury Department’s inspector general, who has been working to oversee the bailout program until the newly created position of special inspector general is filled. “I don’t think anyone understands right now how we’re going to do proper oversight of this thing.”
In approving the rescue package, lawmakers trumpeted provisions in the legislation that established layers of independent scrutiny, including a special inspector general to be nominated by the White House and a congressional oversight panel to be named by lawmakers themselves.
The most MAJOR error in the McCain campaign for President was acquiescing on the Bush, Pelosi, Reid, Paulson bailout plan. Had McCain come out against the bailout he may have had a chance at being elected President.
Now, the American taxpayers will just be screwed over and over again by the big spenders in Congress.
No oversight indeed.
Technorati Tags: Henry Paulson, Nancy Pelosi, Harry Reid, George W. Bush, Economics, John McCain
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Technorati Tags: Nancy Pelosi, George W. Bush
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Photo courtesy of the New York Post Iran’s President Ahmadinejad during President Bush’s speech at the United Nations General Assembly
Isn’t this the guy that Barack Obama said he would meet unconditionally?
Yeah it was.
Technorati Tags: Iran, Mahmoud ahmadinejad, United Nations, George W. Bush
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The “Snake Oil” Ad from the NRDC
The Washington Post debunks the ad running in their own newspaper. Jim Geraghty over at National Review has a summary. The “DEBUNKED” points:
- Drilling is pointless because the United States has only 3 percent of the world’s oil reserves
- The oil companies aren’t using the leases they already have
- Drilling is environmentally dangerous
There is little doubt that Americans WILL support MORE domestic oil and gas production if they want to preserve their lifestyle of today’s big vehicles either commuting,tourism or towing their boats to the oceans, rivers and lakes. Truck transport will continue to require fuel for the business community.
The increasing economies of China and India will bid up the price of offshore derived oil.
So, what does the United States do?
Americans WILL support environmentally friendly domestic oil, shale oil and natural gas production while the market develops alternative and renewable fuels. The waiting game and stall of the radical environmental movement has been exposed and is not credible. Beating up on President Bush with a caricature may make the radical Lefties feel good about themselves and their BDS, but is irrelevant.
It is time to move forward with a comprehensive energy plan that maintains the American economy and our quality of life.
Technorati Tags: Oil, George W. Bush, NRDC
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President George Bush at the 2008 Olympics in Beijing, Monday August 11, 2008
News item: Georgia ‘overrun’ by Russian troops as full-scale ground invasion begins
While President Bush is hanging out with the American athletes in China, Vladimir Putin heads to North Ossetia to lead the invasion of American supporting democratic Georgia.
Now, the President warns Russia to pull back in Georgia.
A little late to the dance - as usual for Bush.
Not good.
The United States must take serious action against the Russians, including Russian expulsion from the G-8, exclusion from the World Trade Organization and acceleration of missile defense systems in Poland and Czech Republic. NATO should immediately invite Ukraine to apply for NATO membership and fast track the acceptance into the organization.
Meanwhile, the United States should immediately initiate trade sanctions, including bank sanctions with the Russians and tighten visa requirements to travel to the United States.
And, if Bush cannot raise to the task then he should get out of the way and let Dick Cheney run the country.
Technorati Tags: Russia, Georgia, George W. Bush, Vladimir Putin
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Sen. John McCain criticized Sen. Barack Obama’s foreign policy position at the onset of his landmark tour of Iraq, saying he hoped the trip would address his “gross misjudgment.”
Of course, Barack Obama and the Democrats like Speaker Nancy Pelosi and Senate Majority Leader Harry Reid were wrong about Iraq - past and present.
Interesting how they are NOW taking credit for success.
Will American voters realize this or is there Iraq War and Bush fatigue?
Technorati Tags: Iraq, Iraq War, Barack Obama, John McCain
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Iraq Prime Minister al-Maliki and President Bush
Prime Minister al Maliki this weekend agreed with Barack Obama’s timetable for withdrawal of American combat troops and then he didn’t.
Team McCain said al-Maliki was playing domestic politics and the LEFT said “The One” had been correct about the Iraq War all along.
Now, the astute AP is talking about a SQUEEZE by Iraq politicians.
The Iraqi prime minister’s seeming endorsement of Barack Obama’s troop withdrawal plan is part of Baghdad’s strategy to play U.S. politics for the best deal possible over America’s military mission.
The goal is not necessarily to push out the Americans quickly, but instead give Iraqis a major voice in how long U.S. troops stay and what they will do while still there.
It also is designed to refurbish the nationalist credentials of Prime Minister Nouri al-Maliki, who owes his political survival to the steadfast support of President Bush. Now, an increasingly confident Iraqi government seems to be undermining long-standing White House policies on Iraq.
You think?
The truth is without President Bush remaining steadfast on his Iraq War policy and John MCCain actively supporting the SURGE, the Iraq War would not have been won.
Will American voters remember?
Or care?
Technorati Tags: George W. Bush, Nouri al-Mailiki, Iraq War, Iraq, Barack Obama, John McCain
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