mohit | Shared With: Everyone - Nov 13 2007 | bush, money, dollar, gasoline, politics, investment club
Quoted: When they go to war, most governments try to be fiscally conservative. They institute austerity programs that require less spending at home and they raise taxes. President Bush spent more at home (following the Reagan economic model) and cut taxes. Then he borrowed money to fight the Iraq war - borrowed it by selling Treasury bills to other countries.
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In the last few years I've heard people say that, well, you can't really blame the President for the price of gasoline. After all, it's those nasty Arabs that are raising the price. Recently I've clarified the issue for myself: you really can blame the president for the price of gasoline. His policies and actions have lead to the decline of the dollar. And the decline of the dollar is why gasoline at the pump costs what it does.
- mohit | Shared With: Everyone - 13 days ago | news, politics, environment, bush
ReFave.
Quoted: The American leader, who has been condemned throughout his presidency for failing to tackle climate change, ended a private meeting with the words: "Goodbye from the world's biggest polluter."
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He then punched the air while grinning widely, as the rest of those present including Gordon Brown and Nicolas Sarkozy looked on in shock.ShareViewed: 31 Times - mohit | Shared With: Everyone - May 06 2008 | mariners, sports, seattle, bush, baseball
An accurate comparison imho...
Quoted: Should we be worried the Mariners are baseball’s equivalent of the Bush Administration? Fiscally undisciplined with negligible positive returns? Check. Marketed as veteran leadership despite any veterans with leadership experience? Check. Sloppy management reinforced with sloppy execution on the ground? Check.
ShareViewed: 1 Time - mohit | Shared With: Everyone - Feb 24 2008 | news, nader, bush, politics, obama
Hopefully this doesn't sway the election.
Quoted: Ralph Nader said Sunday he will run for president as a third-party candidate, criticizing the top White House contenders as too close to big business and pledging to repeat a bid that will "shift the power from the few to the many."
ShareViewed: 8 Times - mohit | Shared With: Everyone - Jan 29 2008 | video, obama, state of the union, news, bush, politics
Obama's response to the State of the Union address.
Quoted: Official Website of Barack Obama 2008 Presidential Campaign
ShareViewed: 48 Times - mohit | Shared With: Everyone - Dec 26 2007 | bush, bushism, politics, funny
Quoted: A Bushism is any of a number of peculiar words, phrases, pronunciations, malapropisms, semantic or linguistic errors and gaffes that have occurred in the public speaking of United States President George W. Bush and, before that, of his father George H. W. Bush.[2][3] The term (a neologism) has become part of popular folklore, and is the basis of a number of websites and published books. It is often used to caricature the two presidents.
ShareViewed: 20 Times - mohit | Shared With: Everyone - Sep 21 2007 | bush, news, politics, economics, recession, funny
Oh dubya...
Quoted: Pressed on the issue, Mr. Bush said, "You need to talk to an economist."
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"I think I got a 'B' in Econ 101, but I got an 'A' in not raising taxes," he said.ShareViewed: 13 Times - mohit | Shared With: Everyone - Aug 04 2007 | bush, california, Electoral College, politics, news
redot. all states (right-leaning and left-leaning) should play by the same rules. agree with the author's conclusion quoted below.
the only reform that could make sense to me is one where we ditch the electoral college and switch to an all out popular vote
Quoted: California Initiative No. 07-0032 is an audacious power play packaged as a step forward for democratic fairness. It’s the lotusland equivalent of Tom DeLay’s 2003 midterm redistricting in Texas, except with a sweeter smell, a better disguise, and larger stakes. And the only way Californians will reject it is if they have a chance to think about it first.
ShareViewed: 8 Times - mohit | Shared With: Everyone - Jul 13 2007 | news, politics, pbs, bush, impeachment, bill moyers
I like that the discussion is framed in a non-partisan context. In fact, the guy who wrote the following quote wrote the first article of impeachment against Clinton.
Quoted: "On January 20th, 2009, if George Bush and Dick Cheney are not appropriately held to account this Administration will hand off a toolbox with more powers than any President has ever had, more powers than the founders could have imagined. And that box may be handed to Hillary Clinton or it may be handed to Mitt Romney or Barack Obama or someone else. But whoever gets it, one of the things we know about power is that people don't give away the tools."
ShareViewed: 13 Times - mohit | Shared With: Everyone - Jun 07 2007 | bush, news, science, stem-cell research
Quoted: The US House votes to ease curbs on funding stem-cell research, defying President Bush's threat to veto the bill.
ShareViewed: 3 Times
- akabagel - Nov 13 2007
You must be Mohit's friend before you can comment on this Fave.It is bad that we are in so much debt and it sucks that our economy is weakening. But it is not purely bad that the dollar is weak. A weak dollar has some benefits. It increases exports and profits for international US companies. And personally, I don't mind expensive oil. The more foreign oil costs the faster we'll finally get rid of our dependency upon it.
This dude is right though, the President's complete lack of fiscal responsibility is a major factor in expensive oil.
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