COL Gene COL Gene

The Great Bush Economy is Falling Apart

The Great Bush Economy is Falling Apart

Even his Wealthy Base may not be happy!





For some time I have pointed out that the economic growth that Bush has been claiming credit for is a mirage to the vast majority of Americans. Bush points to higher GDP, the stock market and healthy corporate profits. To the average American they see a DROP in Average weekly wage during the past two years and NO growth in the past five years. They now are faced with skyrocketing energy costs that are now showing up is sluggish sales at lower end stores. However the high end stores are doing a booming business because the wealthy are the only group that is not impacted by the higher energy prices.

Now the stock market is down over 600 points, and inflation is beginning to be a problem. There is an indication that the Fed will counter the inflation with even higher interest rates and the real estate market is cooling. Mortgage brokers have been lying off staff and the few bright lights that Bush has been pointing to are dimming. Projections for GDP growth for the balance of the year is much lower and consumer confidence has taken a nose dive.

All this with a Federal Budget Deficit in the $600 Billion per year range and the prospects for the future that is troubling at best. Airlines are in trouble, independent truckers are having real problems because of the higher fuel costs and the U S Auto makers continue to slide. The trade deficit is over $800 Billion with no prospect for a solution. Hanging over all the Bush policies is the disaster called Iraq.

Like so many issues with this administration, the consequences of the policies we have been following are coming to light. In time both the wealthy and not so wealthy Americans will understand what mistakes were made in the elections starting with 2000!
30,125 views 141 replies
Reply #76 Top
I mean, that's really all Gene is doing: looking around for someone with money, and then taking it from them. Not because it's his money. Not because they don't deserve that money. But simply because he doesn't feel like controlling his spending.


That is what this, and most other of his posts usually turn in to. All this comes down to is taxing successful Americans to pay for Americans who do not want to work. He can post all his fancy numbers, but that's all it comes down to.

That's why it's so funny when he claims he's a Republican. Every one of his posts is nothing but an EXACT duplication of standard DNC talking points.
Reply #77 Top
IslandDog

The Congress, both GOP and Dems, were feed the BS that Bush gave them. Had the entire truth be known about the dander Saddam posed, there would NOT HAVE been a vote in Congress to approve this disaster!
Reply #78 Top
The Congress, both GOP and Dems, were feed the BS that Bush gave them. Had the entire truth be known about the dander Saddam posed, there would NOT HAVE been a vote in Congress to approve this disaster!


Col, there was no bs. They saw the same intelligence that Bush saw. There were no lies, unless you will include the democrats. I love how you CLAIM TO BE A REPUBLICAN but constantly DEFEND AND GIVE PASSES TO THE DEMOCRATS.

I notice once again since Baker is pounding you in your own thread you resort to the usual Iraq rhetoric. I'm sure it's not a good day for you, being that someone you supported was killed in a U.S. airstrike today.
Reply #79 Top
The argument is very simple, we have been under taxed given the level of SPENDING the Congress and Bush have approved and that has produced the deficit we will be paying for over the next several decades!!
Reply #80 Top
You still haven't answered the questions to you.

Are you a socialist?

What percentage of income should successful Americans be taxed?
Reply #81 Top
IslandDog

That is a lie. Bush kept Intel classified that showed Iraq was not the danger he claimed and Congress DID not see all the facts. The Congress was also not provided the military assessment of Saddam's capability which was that he could not attack any country much less the United States.

Better read Zinni's Book and Trainor's Book. Also the statements from the two CIA Section Chiefs that flatly stated Bush Cherry Picked the Intel! The facts are well documented and it was NOT that the Intel was all wrong it was that the Intel Bush released was wrong!
Reply #82 Top
IslandDog

I guess you can not read. I have answered thoes questions Read #58
Reply #83 Top
That is a lie. Bush kept Intel classified that showed Iraq was not the danger he claimed and Congress DID not see all the facts. The Congress was also not provided the military assessment of Saddam's capability which was that he could not attack any country much less the United States.


No col, you are the one not telling the truth. There was no lies, no deception. Get over it.

Better read Zinni's Book and Trainor's Book. Also the statements from the two CIA Section Chiefs that flatly stated Bush Cherry Picked the Intel! The facts are well documented and it was NOT that the Intel was all wrong it was that the Intel Bush released was wrong!


I have read quotes from Zinni that said Iraq was a threat and had WMD's. You know, the quotes you kept ignoring. I love how you think someone who is selling a book to you nutjob liberals think they are completely honest. Your facts are about as accurate as Dan Rathers.

Stop changing the subject because you are being picked apart by Baker.
Reply #84 Top
IslandDog

The lie was that Bush only released the Intel that supported his position while there was a lot of Intel and the military assessment that did not support going to war. YOU ARE WRONG!!!!
Reply #85 Top
Island Dog.

Your quotes from Zinni were several years earlier BEFOR he served as a security consultant where he SAW ALL the Intel and he clearly documents how Bush kept ANYTHING that did not support going to war Classified. The two CIA Section Chiefs said the VERY same thing as does Gen Trainor.
Reply #86 Top
Col, you sound just like the nuts over at the DU. There was no lies. The democrats have been saying Iraq was a threat for years, and that Saddam had WMD's. I guess they were misled by Bush before he was elected.

I notice how you have conveniently changed the subject. Why don't you address Baker's posts instead of your usual anti-American rhetoric about Iraq.

Was this person lying....

"There is no doubt that ... Saddam Hussein has reinvigorated his weapons programs. Reports indicate that biological, chemical and nuclear programs continue apace and may be back to pre-Gulf War status. In addition, Saddam continues to redefine delivery systems and is doubtless using the cover of a licit missile program to develop longer-range missiles that will threaten the United States and our allies."

But let's be fair col.

This quote here is by a democrat. Just tell me yes or no if this person was "deceived" by Bush. Yes or No col. None of your usual bs.

"Iraq is a long way from [here], but what happens there matters a great deal here. For the risks that the leaders of a rogue state will use nuclear, chemical or biological weapons against us or our allies is the greatest security threat we face."
Reply #87 Top
I guess you can not read. I have answered thoes questions Read #58


Where in that post is the percentage of income that successful Americans should be taxed? Are you afraid to answer?

I'm just laughing when you say you are a Republican. You are nothing of the sort. You are more aligned with socialist democrats. Go look at what they stand for and compare it to your posts.
Reply #88 Top
That is a lie. Bush kept Intel classified that showed Iraq was not the danger he claimed and Congress DID not see all the facts.


You are wrong on this. Even Colin Powell, whose name I've seen you use in defense of this position, has stated unequivocally, long after leaving the State Department, that Congress had access to all the same intel as the administration. You simply want to believe otherwise, therefore you do. You've been bashing Bush forever about never admitting a mistake - I don't believe I've ever seen you seriously answer a question, much less concede a point on which you were shown to be wrong.
Reply #89 Top
IslandDog

All you have to do is look at the tax code prior to 2001. It clearly states the tax rates on the top two income brackets, the rates on Capital Gains and Dividends as well as the Estate Tax rates. That is what I support!!!!!

Daiwa

Have you read the books by Zinni and Trainor? Have you read the statements by the two CIA section Chiefs? These document that both classified Intel as well as the Military Assessment as to Saddam's capabilities that were available to Bush and refute the argument that Saddam was ANY threat. There were a handful of people that had access to that information, including Zinni, but were unable to talk about it because Bush kept it classified. Zinni said he looked as ALL the Intel and Military assessment in 2001 and 2002 when he was a security consultant in the Pentagon. This was just after his retirement. He is quoted in his book that he could not believe what Bush and Rummy were saying about the dander from Iraq given the TOTAL information that he was seeing on a daily basis. The two former CIA section Chiefs, one from Iraq and the other for Europe said the VERY SAME thing. Bush Cherry Picked only the Intel that supported what he wanted to do and buried the Intel that showed Saddam had ZREO capability to be ANY threat to the Unite States.

After over three years in Iraq, all these dreaded weapons can not be found. Bush and Rummy admit they were WRONG!!!!! Powell said the worst thing he did in his career was to give the misleading speech before the U N on Feb 5, 2003. What Bush did is LIE by omission. He released some info that was believed by the Intel Agencies that produced it to be correct. We know that Intel was wrong. However there was a wealth of other Intel and Military assessment about Iraq that showed most of the Intel saying Saddam was a threat was untrue. That is what was kept from Congress and the public. Had all the information that Zinni was seeing been given to Congress, there would not have been a War Resolution passed by Congress!

The reason we use today to justify the Iraq War is to enable the Iraqi People to select their own government. That is NOT the reason Bush gave Congress and the American People for going to war. We were told of the horrible Mushroom Clouds that could result unless we attached immediately. THAT WAS A LIE and Bush knew Saddam had no such capability. Just Saddam wanting such weapons is not a reason to invade Iraq. There are many other dictators that WANT such weapons and some that are a lot further along in acquiring them then Iraq was in early 2003.


Reply #90 Top
All you have to do is look at the tax code prior to 2001. It clearly states the tax rates on the top two income brackets, the rates on Capital Gains and Dividends as well as the Estate Tax rates. That is what I support!!!!!


Col, you are so full of bs. Just answer the question. What percentage of income should a success American be taxed? Just tell me a number. This is why everybody here mocks you. You are asked a question and you go off about tax rates from before 2001. Just answer the question.



Zinni said he looked as ALL the Intel and Military assessment in 2001 and 2002 when he was a security consultant in the Pentagon. This was just after his retirement. He is quoted in his book that he could not believe what Bush and Rummy were saying about the dander from Iraq given the TOTAL information that he was seeing on a daily basis


Quote from Zinn:

Iraq remains the most significant near-term threat to U.S. interests in the Arabian Gulf region," .

"Despite claims that WMD efforts have ceased," the general-turned-war critic said, "Iraq probably is continuing clandestine nuclear research, retains stocks of chemical and biological munitions, and is concealing extended-range SCUD missiles, possibly equipped with CBW [chem-bio-weapons] payloads,"


What does this tell you? That he's a typical democratic hack.


We were told of the horrible Mushroom Clouds that could result unless we attached immediately.


And democrats said it also. Are you going to give them a pass as usual?


The reason we use today to justify the Iraq War is to enable the Iraqi People to select their own government.


When has someone said that's the reason we originally went in?


WHY ARE YOU CHANGING THE SUBJECT. IS IT BECAUSE BAKER IS RIPPING YOU A NEW ONE?
Reply #91 Top
When Secretary of State Colin Powell stepped down earlier this month, the flood of political obituaries were packed with praise, but almost all contained obligatory paragraphs highlighting the top diplomat’s “low point”: his February 2003 speech on Iraq to the United Nations.

But no matter how much conventional media wisdom says otherwise, Powell’s presentation on the eve of the Iraq War remains as true today as it was then, which is to say almost entirely so.

To claim, as the New York Times editorialized recently, that “Mr. Powell in fact offered half-truths, poorly analyzed intelligence and outright fantasies” is pure fiction retrofitted to match anti-war rhetoric. Most of the case the four-star general presented was based not on shaky human sources, but telephone intercepts, satellite imagery, and not unimportantly, Saddam’s own admissions and track record.

Perhaps the most flagrant revisionism, though, occurred not in the opinion pages, but in news stories from the country’s most respected source for objective news: the Associated Press.

Near the end of its original story reporting Mr. Powell’s departure, AP scribes George Gedda and Deb Riechmann wrote: “Powell will perhaps be best remembered for that U.N. Security Council appearance on Feb. 5, 2003, during which he argued that Saddam must be removed because of its possession of weapons of mass destruction. There is no evidence that those claims had any foundation.”

The AP report is, in turn, both misleading and simply untrue.

General Powell did not rest his entire case on Saddam’s possession of WMD. Nor was his primary argument founded on Saddam’s extensive ties to terrorism or his clear, savage history of human rights abuses, though both were included near the conclusion.

No, Mr. Powell tailored his message for his audience. His first and foremost argument was that Saddam was in violation of UN Resolution 1441, which warned Baghdad of “serious consequences as a result of its continued violations.” Saddam was, in fact, in violation of Resolution 1441—and Mr. Powell proved it.

One of the first pieces of evidence offered by Mr. Powell was a telephone intercept of a conversation between two senior officers from the Republican guard on November 26, 2002—the day before UN weapons teams started up inspections. The most damning line: “We evacuated everything. We don’t have anything left.”

As he did throughout the speech, Mr. Powell detailed the only plausible interpretation. He said: “Note what he says: ‘We evacuated everything.’ We didn't destroy it. We didn’t line it up for inspection. We didn’t turn it into the inspectors. We evacuated it to make sure it was not around when the inspectors showed up. ‘I will come to you tomorrow.’”

Moments later—after pointing out that “the inspectors found 12 empty chemical warheads on January 16”—Mr. Powell played another intercept, one of a Republican Guard officer issuing an order to a subordinate in the field.

In the recorded conversation, the superior reiterated a previous instruction: “And we sent you a message yesterday to clean out all the areas, the scrap areas, the abandoned areas. Make sure there is nothing there. Remember the first message: evacuate it.” Lest anyone had any doubt how to interpret this clandestine conversation, the senior officer said, “After you have carried out what is contained in this message, destroy the message because I don’t want anyone to see this message.”

Buttressing the intercepts, Mr. Powell also provided satellite photos, including shots of bunkers at a facility called Taji. The side-by-side photos—one from before the arrival of weapons inspectors, one taken afterward—with tents and decontamination vehicles nowhere to be found in the later image.

Mr. Powell also showed photos of three sites—out of roughly 30 total—where large cargo trucks arrived at known weapons facilities just before the UN inspectors did.

If anything, subsequent discoveries have bolstered Mr. Powell’s primary argument that Saddam was in violation of Resolution 1441. There were large, unknown shipments crossing into Syria on the eve of war—entirely consistent with evidence of transfer from facilities shortly before UN inspectors appeared.

And David Kay—the man whose credibility is considered near-perfect by the media because he believes Saddam did not possess WMD—found that Saddam had, in fact, duped the weapons inspectors.

As for the remainder of Mr. Powell’s address to the UN, most of the other evidence he cited to support claims that Saddam possessed WMD still stands—particularly Saddam’s own admissions, his bloody track record, and his inability to produce any legitimate proof that he had actually destroyed his stockpiles.

Finally, the 9/11 Commission supported Mr. Powell’s contention that Iraq had ongoing contacts with al Qaeda, and regular news reports of beheadings and terrorist strikes remind Americans that Abu Musab al-Zarqawi is as dangerous as originally claimed.

Perhaps it is too much to ask of journalists to go back and actually re-read Mr. Powell’s speech to the UN. If they don’t, though, the media-created myth that the four-star general’s presentation has been debunked will soon become accepted as true.
Reply #92 Top
There is absolutely no evidence of Bush omitting, or deliberatley using false information. Col, you are a pathetic person.



WASHINGTON - A Senate committee has determined that CIA analysts were primarily to blame for flawed U.S. intelligence assessments of Iraq's banned weapons programs, a Republican member of the panel said Wednesday.

Sen. Saxby Chambliss of Georgia told Knight Ridder that a Senate Intelligence Committee's review found that CIA analysts had committed "wholesale mistakes" by improperly analyzing data or relying on faulty information.

Their defective judgments were passed to CIA Director George Tenet and fed into the key prewar intelligence assessment of Iraq's weapons program that was given to President Bush and Congress in October 2002, he said.
Reply #93 Top
What is a disgrace is sending our military into a war against a country that was NO DANGER to our Country.

Like Bosnia?
Reply #94 Top
IslandDog

I have answered your question. If you want to know the exact rates look them up!
Reply #95 Top
I have answered your question. If you want to know the exact rates look them up!


You are full of it col. All I asked is for a simple perentage. What Mr. Author doesn't know them. What a hack.
Reply #96 Top
"Iraq is a long way from here, but what happens there matters a great deal here. For the risks that the leaders of a rogue state will use nuclear, chemical or biological weapons against us or our allies is the greatest security threat we face."

This statement is not correct.

First, to be a danger the Rogue State would need the means to employ any WMD they have in their possession. They also must have the weapons. However a fact that this statement ignores is that NEVER has a major power been attacked by a Rogue State. WHY? The answer is simple. For a Rogue state to attack a major power, assuming they had the capability, would bring an END to that Dictator’s reign. There is a fundamental difference between the al Qaeda type terrorist and a Rogue State Dictator. The Rogue state Dictator has the most important thing to them at risk-- Their power and country. THE AL QUEDA TYPE GROUPS OPERATE WITHIN an establish country they do not control and do not have the loss of that country facing them. If they are pushed out of one country they are operating in many other countries.

Saddam in 2003 did not have:

The WMD

The means to deliver ANY weapons against the U.S.

He had no prospect of acquiring those capabilities. If we had allowed the U N Inspectors to complete their work in Iraq in 2003, we would have learned what we now know, Saddam did not even have WMD nor the military required to employ any such weapons.

My Book sites a very well written article published by the Army War College by Professor Record about this issue. I suggest before you flap your gums anymore you read that article!
Reply #97 Top
It doesn't matter whether he attacks us or not. If he attacked Israel or Kuwait or any of his neighbors, we'd have been directly involved. He had fired on our aircraft for years, and with the help of China was improving his surface to air capabilities, by way of fiber optic technology that Clinton approved to be sold to China.

We didn't go to Iraq, Col. We were already there flying missions every day. He was constantly threatening our servicemen, don't you care about them at all? He had to be removed before the UN decided to remove the sanctions, period. The minute the sanctions were lifted France, China, and Russia would have poured armament into Iraq as fast as he could sign the checks.

WMDs weren't necesssary, nor was a direct, mainland US threat necessary. How many wars in the last 100 years were due to a mainland US threat? 1? How many of them were because of WMDs? 0? So I don't know where you get the idea that we can only go to war if we are directly threatened or WMDs are involved.
Reply #98 Top
The reason Bush gave was the threat to the United States. The mushroom clouds over U S Cities-- Remember. That was WHY Congress passed the War Resolution.

In addition with the pressure on Iraq from the No Fly Zones Saddam was not even able to operate in the northern and southern sections of Iraq much less against any other country. The Military Assessment that Zinni refers to clearly said, Saddam DID NOT have offensive military capability. That information was available to Bush who ignored it. Saddam had NO capacity or weapons to threaten anyone in 2003 and all the BS about we could not risk direct action against Iraq in the spring of 2003 was a LIE!!!!!!!!!!!!!!!!!!
Reply #99 Top
THE AL QUEDA TYPE GROUPS OPERATE WITHIN an establish country they do not control and do not have the loss of that country facing them.

You're saying that the Taliban wasn't part of Al Qaeda? And that they weren't offering them safe haven?

And incidentally, this has nothing whatsoever to do with the initial talking point, about the economy. Remember the economy?

COL Gene, you are so adamant about the Bush Administration's ineptitude and you claim to have great cure-alls. Please run for office so people at large can decide whether you are right for America. This way you can be publically humiliated rather than being taken to task in this much smaller, blogospheric venue like JU. Because "the Bushies" here at JU have already made up their minds and take you to task every day, multiple times.
Reply #100 Top
By the way, I resent the fact that because I take up a contrary position to you, I am therefore dismissed as a "Bushie". This is just a pale attempt to classify and thereby demean your opposition. It's a weak tactic, and shows that you cannot engage debate at its face value.