rickyw's Blog

The effects of the Bush Recession just keep compounding and a lame duck president sits lost in a storm of financial woe....fresh off of digesting the failure of two more banks....numbers six and seven for those not keep count....1st national of nevada and first heritage.....the bush administration released a greatly revised projection of the federal governments finances for the upcoming year......once again our president achieves what all the presidents in the history of the republic could not.....a federal debt estimated to surpass the half trillion dollar mark in a single year.....and that includes funding the bush war for only half a year.....it seems the whitehouse couldnt give an honest estimate for the iraq war because they were still waiting on a list of pentagon needs......what they really feared was that figuring in the war would raise the debt to the 2/3s of a trillion dollar level......i guess you call that republican conservatism....ignoring reality and continuing a policy of borrow and spend........incidentally....each and every american will owe $1700 of that half a trillion.....how many of us could run a household as bush runs the nation.....and keep in mind..that half a trillion is after they figure in and spend the social security surplus......decades from now scholars will point to these last eight years as the generation who did to america what world war one and two did to the british empire......and they ll blame the voters in florida and ohio.....in november vote for financial stability and someone who atleast understands the economy......america cant weather another cold warrior....lets move into the 21st century and return this great nation to the prosperity we knew before 2001....lets hope bush sees what hes done in cleveland when he visits.....