Monday, January 26, 2009

spend it

On Nov 4, 2004, the newly re-elected president said : "Let me put it to you this way: I earned capital in the campaign, political capital, and now I intend to spend it.... there is a feeling that the people have spoken and embraced your point of view, and that's what I intend to tell the Congress."

He then went about wrecking the economy as it's not been wrecked for 80 yrs, continuing to lead the Nation down the dark hole of Iraq, spying against regular Americans' (specifically journalist's) emails, phone calls, and IMs; destroying American moral authority abroad by torturing "enemy combatants" and holding hundreds of others w/out charge or trial at a military base in Guantanamo Bay, Cuba... among other evils... leaving the country much worse off than he found it.

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Juxtapose that recent reality against today's economic news:

Pharmaceutical giant Pfizer Inc., and Sprint, the country's third-largest wireless provider, said they each will slash 8,000 jobs.

Home Depot Inc., the biggest home improvement retailer in the U.S., will cut 7,000 jobs.

General Motors will cut 2,000 jobs at plants in Michigan and Ohio.
Caterpillar Inc., the world's largest maker of mining and construction equipment, is cutting 20,000 job cuts by the end of March.

Dallas-based Texas Instruments will cut 3,400 jobs due to slumping demand, 12 percent of its work force.

Even one of Vice President cheney's favored companies--Halliburton, a company that's turned out to be quite a nice windfall for former vice president cheney--announced it will eliminate jobs in markets particularly hard hit by the recession, though, like its ultra-secretive benefactor, didn't specific provide details.

Halliburton's larger rival Schlumberger Ltd. will cut up to 5,000 jobs worldwide in the first half of 2009 and consider further reductions this spring.

Microsoft is slashing up to 5,000 jobs over the next 18 months.

Intel Corp. is cutting up to 6,000.

United Airlines parent UAL Corp. will rid of 1,000 jobs, on top of 1,500 axed late last year.

"And there's no end in sight. In a survey by the National Association for Business Economics, 39 percent of forecasters predicted job reductions through attrition or "significant" layoffs over the next six months, up from 32 percent in the previous survey in October. Around 45 percent in the current survey anticipated no change in hiring plans. About 17 percent thought hiring would increase."

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In response to this impending economic catastrophe 8 years in the making while the previous Administration took the day off, the Obama Administration proposes an $825 million stimulus package, 33% of which--tax cuts--is meant to appease the losers of the recent November election. The Losers. The republicans.

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Their response? What does the losing minority party say?

Here's one of the problems the foremost loser--LOSER--of the recent presidential elections has against the stimulus package:

"Some of the stimulus in this package is excellent. Some of it, frankly, has nothing to do — out of those projects and others that you just mentioned — 6 billion for broadband Internet access. That will take years." -- Source

Funny. During the campaign, admitted Internet-illiterate McCain said:

"... through access to high-speed Internet services that facilitate interstate commerce, drive innovation, and promote educational achievements, there is the potential to change lives. These kinds of transformations of our way of life require the infrastructure of modern communication... this country has a long history of ensuring that rural areas have the same access to communication technology as other places."

Campaigner McCain for Internet infrastructure; loser McCain now against Internet infrastructure. Flip-floppers without the guts to stand for what they believe always lose. They should. What suggestions does he have for solving the problem? None. Ask the hannitys and the limbaughs and all the other Obama bashers for solutions out of the mess created over the last 8 years and you'll hear the chirping of crickets.

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Bottom line: President Obama WON! After earning 57% of the popular vote (not 50.5% as it was for bush) and crushing his lackluster opponent in the electoral vote, the President should stop kowtowing to the losers and begin to spend political capital like the former president never had. America voted for him because they liked and trusted his views more than the other guy's.

Stop jaw-jacking with the losers. Let's go! Let's get this done. Let's start digging out of the ditch the former Inepts left us in and return America to its greatness.

And let the losers get nice and comfy, gnashing their teeth outside the walls of the Great City... where they belong.

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