“Stimulus Plan” = Big Oil Profits + Larger National Debt!
Well the bush crime family has trumpeted it’s great plan to fix the economy. Since they broke it, it’s theirs. They had plenty of help from their unindited co-conspirators in the house and senate. They broke it too. On with the pork barrel spending! This from the new york times:
Tax Rebates in $168 Billion Stimulus Plan Begin Arriving in Bank Accounts
The federal government began issuing electronic tax rebates on Monday under a $168 billion program to bolster the economy.
President Bush and Congress hope the plan will generate spending and jump-start the economy by putting money in people’s hands. The plan, which was passed by Congress in February, also includes tax breaks for businesses.
Economists have debated how much of an impact the stimulus plan will have. A study of similar rebates in 2001, performed by Joel Slemrod and Matthew D. Shapiro, economics professors at the University of Michigan, found that taxpayers primarily saved the money or used it to pay off debts.
Slemrod and Shapiro don’t have to worry about anyone saving or paying off debts this time out. We all know what the “rebate checks” are gonna be spent on. This from reuters:
Gasoline price at record $3.60
By Tom Doggett Mon Apr 28, 5:56 PM ET
WASHINGTON (Reuters) – U.S. drivers faced more pain at the pump as the average price for gasoline reached a record $3.60 a gallon on Monday and truckers went to Capitol Hill to protest soaring diesel fuel costs.
The national price for regular, self-service gasoline skyrocketed 9.5 cents over the last week to a new high and is up 63 cents from a year ago, the federal Energy Information Administration said in its survey of service stations.
The pump price has jumped 21 cents a gallon in the last two weeks alone and is expected to keep climbing, due to high crude oil costs that on Monday reached a record $119.93 a barrel at the New York Mercantile Exchange.
The White House said there was nothing the government could do to help lower gasoline prices this spring and summer.
“I think it would be disingenuous and unfortunate for American consumers for them to be led to believe that there is a short-term fix. There’s not going to be one,” White House press secretary Dana Perino told reporters on Monday.
If anyone has anything left, they can use it to pay for food. The prices at the supermarket are through the roof too. But I’m not telling anyone anything they don’t know. What really sticks me though is how they will pay for this disaster:
Yup, they gonna borrow it. They gonna charge it to us at a later date. ONLY THE IDIOTS IN washingtOOn could come up with a scheme in which they borrow from PETER (YOU!) to pay PETER (YOU!). Where the hell Paul got off to in this scheme is anyones guess. It’s all just another CorpoRATeer enrichment plan. SONOFABUSH!
In the mean time the brilliant war strategy of the two parties of the apocalypse has taken a bizarre turn. The bush crime family installed shiite “government” in Iraq has recently taken a hard line against the shiite militias, so OUR moronic government has managed to turn the shiite against the shitte. What a bunch of geniuses we have in charge all around. Of course our young people in uniform are stuck with this mess and many more of them will come home in body bags or egregiously injured. There have been over a MILLION Iraqis killed. In the mean time we continue to get stuck with the bill for the disaster of a war! HEY g’dubya, what happened to YOUR brilliant war strategy?
“DAGNABIT, It done blowed up!”
Surely the brilliant general in charge has something to say about all this:
There’s only three things we can do.
ONE, for the disaster of out of control deficit spending on the war and otherwise:
Even for the Telepathic Crickets on the ClapSotronics editorial board, voting for Nader is an easy decision. If INSECTS can get that, WHY ARE YOU NOT GETTING IT YET?
The scientifically impossible I do right away
The spiritually miraculous takes a bit longer