George W. Bush Quote of the Day

Time for the George W. Bush "Quote of the Day"

"I want to thank my friend, Senator Bill Frist, for joining us today...He married a Texas girl, I want you to know. Karyn is with us. A West Texas girl, just like me"
-Nashville, TN; May 27, 2004

Folks, simply calling yourself a "maverick" doesn't necessarily make you one. It is one thing to promise to cut wasteful spending when running for office and quite another to actually follow through with it. John McCain spends a lot of time talking about how he will stop wasteful pork barrel spending and limit "earmarks". The question you need to ask yourself if you truly believe that McCain is fiscally responsible is why did he vote in favor of this bailout bill? This bill contained approximately 150 billion dollars worth of wasteful spending. For example, section 325 provides tax breaks for the "wool research fund". Section 503 gives 6 million dollars worth of tax breaks to companies that make toy wooden arrows. Puerto Rican and Virgin Island rum producers get 192 million dollars from section 308. Certain TV and film productions get 10 million clams thanks to section 502. Thank God that under the provisions of section 317, motorsport racetrack owners will get big breaks. If you don't believe me, you can read the bill yourself at http://frwebgate.access.gpo.gov/cgi-bin/getdoc.cgi?dbname=110_cong_bills&docid=f:h1424enr.txt.pdf
Obama voted for this as well, and I disagree with him on this. But remember, it is John McCain who violates his own principles. I'm sure I sound like a conservative by now, spending too much time listening to Glenn Beck and Ben Stein, but think about this for a minute. This is not something a true maverick would have done; a true maverick would have demanded that we take our time and do this the right way. But alas, John "Maverick" McCain wasted an opportunity. This man stood up in front of our nation and told all of us that wasteful spenders will be stopped; "you will know their names; I will call them out". Well we know your name, John. This bill pandered to whomever it needed to in order to pass and it helps those at the top once again, while making those of us at the bottom pay for it. Make no mistake, our economy is in peril but McCain caved in to the fear fairies who were pushing the doctrine that if an immediate bailout didn't happen, our economy would instantly slip into depression. Horse Sh!t. The skillful use of fear works wonders once again.

The reason I personally oppose this legislation is that I still feel that it doesn't restrict CEO compensation severely enough. Lehman Bros. CEO Dick Fuld Jr. is an example of the corporate greed which needs to be snuffed out. http://www.huffingtonpost.com/2008/10/06/lehmans-golden-parachutes_n_132258.html
The bill does not include provisions which make it possible to criminalize and prosecute CEO's who deliberately took advantage of people and made reckless decisions (credit default swaps). It doesn't bail out low-income senior citizens who have been forced into bankruptcy due to outrageous medical bills and doesn't do enough to help me out as a taxpayer (unless I get into the childrens wooden arrow business). Additionally, it is not clear that this plan will even work. http://www.msnbc.msn.com/id/21134540/vp/27049046#27049046

Unfortunately, it is obvious we need some sort of bailout, but not this one. This one is a stinking pile of hot garbage.

Again, speaking to my conservative friends - you can call yourself anything you want to if you think it will help you get elected. For those who are still kidding themselves that George Bush has been a great leader, allow me to post a link to a story revealing some of the wasteful spending conducted under W's watch. http://thinkprogress.org/2008/09/21/bush-legacy-taxpayer-funds/

Last thought for now - looks like the McCain campaign is going to ramp up their smear campaign this week. The shear desperation has given birth to an all new batch of baseless attacks. The McBush camp would be well advised to reconsider this approach, as Mr. McCain and Ms. Palin are certainly not "lilly white" themselves. More on that soon....