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Bush Says Dwindling Surplus Will Halt Government Growth – NYTimes.com

CRAWFORD, Tex., Aug. 24 — President Bush said today that there was a benefit to the government’s fast-dwindling surplus, declaring that it would create “a fiscal straitjacket for Congress.” He said that was “incredibly positive news” because it would halt the growth of the Federal government. From Bush Says Dwindling Surplus Will Halt Government Growth […]

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economics Uncategorized

10 Epic Failures of the Bush Tax Cuts

In a rare moment of candor last week, the third-ranking Republican in the House admitted the failure of the Bush tax cuts. “You know, I think it’s fair to say, if the current tax rates were enough to create jobs and generate economic growth we’d have a growing economy,” Mike Pence acknowledged, adding, “It’s not […]

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Anis Shivani: Bush’s ‘Decision Points’ Is A Terrifying Journey Into the Authoritarian Mind

The beauty of the Bush philosophy of governance is that it creates and accelerates those very conditions of stress (radical economic inequality promoted by tax cuts for the wealthy and concomitant cuts in public services for the less well-off) that then provide fertile ground for popular acceptance of measures intended to further worsen conditions for […]

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Bush Congratulates Krugman

Bush. Krugman. Oval office. This conclusively proves there is no trap door leading to a shark tank in the oval office.

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Rice: Military power is not the way to deal in the 21st century

Just during the time Rice has served in the Bush administration, we bombed, invaded and occupied Afghanistan; did the same to Iraq; repeatedly bombed Somalia, killing all sorts of civilians; fed bombs to Israel as they invaded and bombed Lebanon; top political officials (led by John McCain and Joe Lieberman) have repeatedly threatened, and advocated, […]

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New evidence suggests Ron Suskind is right

That story begins during the final weeks of 2003, when everyone in the White House was suffering severe embarrassment over both the origins and the consequences of the invasion of Iraq. No weapons of mass destruction had been found in Iraq. No evidence of significant connections between Saddam Hussein’s regime and the al-Qaida terrorist organization […]

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New king of Tonga sworn in

The new king of Tonga has been sworn in today, 24 hours after the death of 88-year-old King Taufa-ahau Tupou IV in a New Zealand hospital after a long but unspecified illness. His successor is noted for his fondness for wearing a monocle and military uniform, and driving around in a London taxi. New king […]

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the torture veto

President Bush’s radio address today, where he announced that he’d vetoed the Senate authorization bill, which would have effectively outlawed waterboarding and other “enhanced interrogation” techniques for the CIA by limiting the CIA to the Army’s guide for interrogations, the Army Field Manual From TPMMuckraker | Talking Points Memo | Bush: Limiting CIA Interrogations “Could […]

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one billion dollars

Less than a month before the U.S. invasion of Iraq, Saddam Hussein signaled that he was willing to go into exile as long as he could take with him $1 billion and information on weapons of mass destruction, according to a report of a Feb. 22, 2003, meeting between President Bush and his Spanish counterpart […]

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Spain Opens the Books on Bush?

But it seems someone in the Spanish government has leaked to El Pais transcripts of conversations between President Bush and then Spanish Prime Minister Aznar just before the outbreak of the Iraq War. The gist seems to be that Bush was rather candid about the fact that the efforts to find a peaceful solution to […]