Archive for December 29th, 2008

Bonus Wanker

Mitch McConnell:

From the Washington Post:

Senate Minority Leader Mitch McConnell (R-Ky.) voiced skepticism today about the emerging economic stimulus plan, applying a brake to Democratic plans to quickly pass up to $850 billion in spending and tax cuts soon after President-elect Barack Obama’s Jan. 20 inauguration.
“As of right now, Americans are left with more questions than answers about this unprecedented government spending, and I believe the taxpayers deserve to know a lot more about where it will be spent before we consider passing it,” McConnell said in a statement, which will be publicly issued later today.

Rant on:

Let me get this straight. A Senator who oversaw one of the largest expansions in government spending in history is now concerned about spending? According to the CBO, total government outlays under Bush and the Republican controlled Congress from 2001 -2006 increased from $1.8 trillion to $2.4 trillion — that’s an increase of 33%. At the same time — again under Republican rule from 2001 to 2006 — the total debt outstanding increased from $5,807,463,412,200.06 at the end of fiscal 2001 to $8,506,973,899,215.23. And now a man who helped to oversee this is complaining about spending? Excuse me?

Funny how so many Republicans were totally on board with giving the financial sector $700 billion with no oversight and no strings attached and giving the Bush administration a blank check for a disastrous war (while slashing taxes on the rich), but when it comes to spending a comparable amount to, say, restart the economy, or a fraction of that amount to save the American auto industry and 3 million jobs, they suddenly rediscover their situational undying commitment to fiscal responsibility.

December 29th, 2008 at 09:13pm Posted by Eli

Entry Filed under: Economy,Politics,Republicans,Wankers

Can’t Wait To Be Rid Of Laura Either…

Ick.  Just… ick:

First Lady Laura Bush “wasn’t amused” by the Iraqi who hurled two shoes at her husband – and said Sunday the jailed man is lucky Saddam Hussein is no longer in power.

“If Saddam Hussein had been there, the man wouldn’t have been released. And he probably, you know, would have been executed,” the First Lady said on “Fox NewsSunday.”

“It was an assault,” she said. “And that’s what it is. And it would be an assault to anyone. The President laughed it off. He wasn’t hurt. He’s very quick. As you know, he’s a natural athlete. And that’s it. But on the other hand, it is an assault, and I think it should be treated that way, and I think people should think of it that way.”

As “bad as the incident is,” she said, it is an indication of progress. “It is a sign that Iraqis feel a lot freer to express themselves,” she said.

Dubya is just sooo dreamy!

And I really don’t see the shoe-throwing as a stirring endorsement of free speech in the post-Saddam era so much as a complaint that it is not much of an improvement… if any.

In any case, the fact that al-Zaidi was “merely” arrested and savagely beaten, and may very well be imprisoned for many years instead of being executed does not exactly make me feel warm and fuzzy all over.  And the swooning over Dubya’s natural athleticism just makes it downright icky.

1 comment December 29th, 2008 at 08:15pm Posted by Eli

Entry Filed under: Bush,Iraq,Wankers

Monday Media Blogging

It’s a Steven Seagal music video.

You heard me.

Actually not quite as horrible as I imagined…

1 comment December 29th, 2008 at 11:11am Posted by Eli

Entry Filed under: Monday Media Blogging

Wankers Of The Month

Depression profiteers:

A tight-knit group of former senior government officials who were central players in the savings and loan bailout of the 1990s are seeking to capitalize on the latest economic meltdown, enjoying a surge in new business in their work now as private lawyers, investors and lobbyists.

With $700 billion in bailout money up for grabs, and billions of dollars worth of bad debt or failed bank assets most likely headed for sale or auction, these former officials are helping their clients get a piece of the bailout money or the chance to buy, at fire-sale prices, some of the bank assets taken over by the federal government.

Emphasis on “enjoying”…

“It is a good time to be me,” said John L. Douglas, a partner in Atlanta at the law firm Paul Hastings and a former lawyer for bank regulators who helped create the agency that administered the last federal bailout, the Resolution Trust Corporation.

Some of these former federal officials, like L. William Seidman, the first chairman of the R.T.C., are serving as advisers — sharing ideas with Treasury Secretary Henry M. Paulson Jr. and the transition team for President-elect Barack Obama — even while they are separately directing investors or banks on how to best profit from this advice.

“It is an enormous market,” said Mr. Seidman, who has already joined two such potential money-making efforts and is evaluating proposals to participate in a third. “I am enjoying this.”

So not only are they cashing in on meltdown and misery, they’re actually gloating about it.  Awesome.

December 29th, 2008 at 07:11am Posted by Eli

Entry Filed under: Corruption/Cronyism,Economy,Wankers

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