Wednesday, January 25, 2012
1) I'm still not entirely sure what Newt Gingrich did to "earn" that 1.6 million from Freddie Mac. The historian explanation certainly didn't make sense and his subsequent attempts at justification have been even more convoluted. But even if he actually did do something, don't you think that he should give the money back? a) The taxpayers had to bail those miserable sons of bitches out and b) Mr. Gingrich in fact DID lobby for them. An honest person would no doubt give the money back.............2) Mr. Obama is trying to initiate some type of Visa reform. He wants to make it easier for people from emerging markets such as India, Brazil, and China to be able to come to America as tourists. To which, I say, bravo. I mean, seriously, can you even begin to imagine the voltage that this would provide to the economy, millions of people coming to vacation here; the hotel industry, the restaurant and cafe industry, local artisans, the car rental industry, convenience stores, gas stations, etc., etc.. I'm telling you here, folks, if Mr. Obama can succeed on this one, it won't simply help the U.S. economy. It'll help him, too.............3) I've conceded on many occasions that Bush was a bad President. His two unnecessary wars (I was in favor of the Afghan conflict until it became an occupation/propping up of Karzai) and reckless deficits are two things in particular that harmed the country. But I do think that there's one thing in which he's gotten a bad rap for; a common held notion that he ONLY did things which benefited the wealthy. Yes, he did cut taxes and the top two percent benefited handsomely. But, so, too, did the middle-class. Of the 370 billion that the tax-cuts cost the treasury, more than 80% of it went to the middle-class (yes, it's a larger population but 80% is 80%). And it wasn't just with tax-cuts that he helped the non-wealthy. Discretionary domestic spending also skyrocketed under Bush. For example, H.U.D. spending skyrocketed under Bush, transportation spending skyrocketed under Bush, educational spending skyrocketed under Bush, and H.H.S. spending (most of which goes to the poor and disadvantaged) really skyrocked under Bush. To say that the fellow only cared about the well-to-do really and truly doesn't seem to be the case.