Tuesday, July 7, 2009

This and that

Ford Motor Company wants another bailout. Only they don't want the government to give them money. They want YOU to give the government money.

Ford CEO Alan Mulally is asking Washington to raise the federal gas tax to make the price per gallon $4 AT THE LOWEST, according to the Wall Street Journal. Ford, you see, has a boatload of these crappy little green cars that it can't unload at any price, largely because the price of gas has fallen about 150 percent since last summer and people are back to buying SUVs and mid-size cars.

This tax increase idea already has been floated on Capitol Hill by a number of libs looking for all the ways they can to pay for their pork. So don't be surprised if by June, we're not well on our way to being right back where we were last summer.

So air up those tires and get a tuneup, eh.

(If you don't recognize the tire/tuneup line, you're probably not alone. That's what Obama said we should all do last summer when gas eclipsed $4. The media, naturally, didn't hold him in anything resembling contempt for saying, essentially, tough sh*t America.)

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From Politico:

The eye-popping national debt surpassed $11 trillion Monday, the largest in U.S. history.

The new Treasury Department figures on the national debt were released as the non-partisan Congressional Budget Office is expected to project that the annual budget deficit will be higher than previously estimated by the White House's Office of Management and Budget. The debt, which refers to the cumulative amount of money the government owes, hit $10.9 trillion on Friday.

The whopping number has major ramifications for President Barack Obama, who is trying to push through a raft of big-ticket bills on health care, energy, education and climate change — while also attempting to stabilize the swooning economy.

Sen. Kent Conrad (D-N.D.), chairman of the Budget Committee, said Tuesday that the numbers could force Congress to make "adjustments" to Obama's $3.6 trillion budget plan.

Count on making some adjustments yourself. When all this hits the fan down the road, you, Jack & Jill taxpayer, will bend over to a degree you've never ever imagined.

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While everyone's roasting AIG execs, wonder if anyone will ask whether Barack Obama plans to return the $101,332 bonus last year from AIG in the form of political contributions? (according to Opensecrets.org. and reported Tuesday by CNN)


Just like the Fannie Mae/Freddie Mac political contribution list, the biggest recipients from AIG were Senate banking chairman Chris Dodd (a Democrat, if you're wondering) and Barack Obama.

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Say what you will about George W. Bush's politics, but unlike his opponents, Bush puts the country first. He showed that during his eight years in office, and he's showing that now:

CALGARY, Alberta (AP) - Former President George W. Bush says he won't criticize President Barack Obama because Obama "deserves my silence," and says he plans to write a book about the 12 toughest decisions he made in office. Bush's speech Tuesday at a luncheon in Calgary, Alberta was his first since leaving office.

He declined to comment about the Obama administration like former Vice President Dick Cheney. Cheney said Sunday that Obama's decisions are threatening the nation's safety.

Bush says he doesn't know what he'll do in the long term but says he'll write a book that will let people determine what they would have done if their most important job was to protect the country.

If this were Bill Clinton or Jimmy Carter, concerned first and foremost with their living legacies, they'd be in front of microphones every day getting in their digs on the current administration ... as the Clintons and Gore and Carter did to Bush every chance they got starting in January of 2001.

Not only has Bush NOT been visible, he refrains from taking shots when given the chance. Lord knows he easily could when what has happened in Washington the last two months is the antithesis of everything he believes in.

(Imported from March 18, 2009)

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