October 23, 2008


IMPEACH BUSH


IMPEACH CHENEY


BUSH'S VERY BAD KARMA

For many years the rich and privileged in the United States have reveled in their sense of superiority. They "deserve" tax cuts because they already allegedly pay more taxes than their fair share. They're the "achievers" who drive the economy. The rest of us are just slugs, you see, who should be grateful for the largess of these wonderful folks who are the doers and shakers. I have a funny feeling that the privileged wouldn't do very well without all the people who provide all the hard work, goods, and services that keep things going. Now the privileged are getting their comeuppance as the system they've created and supported is collapsing around them. This article by Chris Rowthorn is at www.smirkingchimp.com:

The must ungodly, screaming, naked irony of this whole mess is that no one blames Bush for any of this. Oh no, the collapse of the entire American economy was caused by a few wanna-be homeowners who took loans they couldn't afford and a few "predatory lenders" who took advantage of them. Neither the media nor the public seem to notice that the "subprime borrowers" are merely the weakest link in the economic chain, the canaries in the coalmine of the American economy. No one mentions that Bush almost doubled the national debt. No one mentions the catastrophic rise in oil prices caused by the invasion of Iraq and the threat of war with Iran, or how it slowed the economy at the worst possible time. No one mentions how Bush wasted US$1 trillion on a war of choice (money which could pay for both the bailout plan and the stimulus plan combined). No one mentions that Bush showed no leadership whatsoever as the crisis deepened. In short, no one mentions how Bush took the American economy and drove it off a cliff. Let me be frank: trying blame the meltdown entirely on subprime borrowers and lenders is like trying to blame the entire Abu Ghraib torture scandal on Pfc. Lynndie England. If you believe that Bush bears no responsibility for present economic crisis, then I've got some mortgage-backed securities you might be interested in.