One of the reasons to support a free market economy is that when properly regulated it rewards those with a good work ethic. It should wildly and disproportionately reward wealth at the expense of people that produce the labor and brain power which makes wealth possible. Yet another example of conservatives seeing free markets as rudderless ships which never have to make course corrections – House GOP recommend cutting program that has already expired
One program which House Republicans have consistently seized upon to bolster their budget-cutting bona fides is the Temporary Assistance for Needy Families Emergency Contingency Fund, a successful program that has created 250,000 jobs in 37 states via subsidized employment programs for low-income and unemployed workers. And according to National Journal, Republicans are once again railing against the program, selecting it as one of their first programs to cut….
But the crux of the issue is that eliminating the TANF emergency fund will not save any money because the program has already expired. It was funded at $5 billion for two years, and ended on September 30, 2010. There is no money left for Price to save.
It’s a program that shouldn’t have expired, and which the administration has asked Congress to extend because it’s direct assistance that creates jobs. It expired because of Republican obstruction, along with the 250,000 jobs it created. I guess a quarter of a million jobs lost just isn’t enough. They want to take another crack at it.
The economy crashed for a few reasons. Mostly because of the greedy and irrational behavior of those at the top of the income pyramid. During the housing bubble most of them didn’t pay. During the general crash of Wall St they didn’t pay. In both instances the working poor and middle-class paid. A perverted inverse kind of socialism where risks and failures are paid for by people who had nothing to do with the blinded by greed mechanizations of the fat cats. Now the Republican deficit peacocks who spent like crazy for eight years are back in power. Budgets must be balanced. And goodness forbid the people that can afford to pay for a balanced budget pay a fair share – say the same tax rates of the Reagan administration. Nope, they will having the working poor pay for once again, thank you very much. This is not free markets at work, this is the Conservative plutocracy at work.
George W. Bush stills lives in LaLaLand. British deny George Bush’s claims that torture helped foil terror plots
British officials said today there was no evidence to support claims by George Bush, the former US president, that information extracted by “waterboarding” saved British lives by foiling attacks on Heathrow airport and Canary Wharf. In his memoirs, Bush said the practice – condemned by Downing Street as torture – was used in CIA interrogations of Khalid Sheikh Mohammed, the alleged mastermind of the 9/11 attacks on the US.
[ ]…Bush also mentioned Abu Zubaydah, waterboarded after his capture in Pakistan in 2002. Zubaydah told his interrogators that al-Qaida had links with Saddam Hussein and that there was a plot to attack Washington with a “dirty bomb”. Both claims are now recognised by the CIA to be false.
Human rights lawyer Geoffrey Robertson QC said that, by confessing to ordering torture, Bush risked prosecution. “George W Bush has confessed to ordering waterboarding, which in the view of almost all experts clearly passes the severe pain threshold in the definition of torture in international law.”
Shami Chakrabarti of Liberty said: “After the atrocity of 9/11, the American president could have united the world against terrorism and towards the rule of law. Instead, president Bush led a great democracy into the swamp of lies, war and torture in freedom’s name. Democracy can do better and, learning from the past, it will.”
The conservative idolatry of Bush can’t stop because to do so would undermine the very foundation of conservative thinking. Bush will never admit blame because of the tremendous hubris and delusion which underpin his world view. It is a view to governing in which their are the elite which know better and then there is the rest of us, who are obligated not to question but to fall in line and obey. Least we be accused of being terrorists sympathizers. Conservatives have indeed learned nothing from lying us into disastrous wars and crashing the economy.
ForeignPolicy takes us down memory lane with 14 of of the destructive and tragic greatest hits of Bush era foreign and domestic policy. Delusion Points, Don’t fall for the nostalgia — George W. Bush’s foreign policy really was that bad.
7. Department of Rhetorical Catastrophes, Part II: The “Axis of Evil.” In the months following 9/11, the United States received a surprising degree of help in Afghanistan from Iran, a country which (whatever its history with the United States) was no friend of al Qaeda and a bitter enemy of the Taliban. Intelligence sharing and diplomatic coordination with Tehran helped the United States rout the Taliban and later install Hamid Karzai’s government in Kabul.
How did Bush reward Iran for this valuable assistance? By labeling it part of an “Axis of Evil” in his January 2002 State of the Union address, along with Iraq and North Korea. This foolish bit of bombast derailed any possibility of building a better relationship with pre-Ahmadinejad Iran, which may have been precisely what Bush’s neoconservative speechwriters intended.
Engaging Iran did no require that the two countries be new best friends only to take advantage of their tremendous advantage in intelligence gathering from their anti-Taliban contacts. As usual Conservatives would rather be spiteful than produce results.
14. The Crash Heard ‘Round the World. By lowering taxes while waging costly wars, Bush produced near-record fiscal deficits and a mountain of foreign debt. At the same time, Federal Reserve Chairman Alan Greenspan’s easy money policy encouraged a vast real estate bubble that eventually collapsed in 2008. Bush’s economic team also paid little attention to regulating Wall Street, thereby facilitating the reckless behavior that produced a major financial collapse in 2008. The resulting meltdown cost Americans trillions of dollars and millions of jobs, and the aftermath will affect U.S. economic prospects for many years to come.
Although Bush does not deserve all the blame for causing the greatest recession since the 1930s, he was in charge when it happened and his actions contributed significantly to the debacle. And because international influence ultimately rests upon a state’s economic strength, the damage wrought by this economic crisis may be Bush’s most enduring foreign-policy legacy.
Just as Bush never paid for all his private business failures in Texas ( daddy’s friend always came to the rescue), he and conservatives also seemed destined to never bare the responsibility for running our economy like a dysfunction circus. That is some bizarre definition of values they carry around inside their foil plated skulls.