How to Bankrupt the U.S. with only Two Terms in Office
As a college teacher, parent, and grand parent, I am appalled at what we are currently doing to our national economy. Many a wannabe empire has similarly bankrupted itself with such overreaching into military expenditures -- Spain in 1588, Hitler and Japan during WW2, Britain Post WW2, the Soviet Union last decade, and now the U.S.? I see no good outcome for the American generations after my own -- the baby boomers onwards. The Crash of 1929 will be a mere dull thud in comparison with current projections for the U.S. economic future -- either a mighty crash of the dollar that will bring the global economy with it or, hopefully for the rest of the world, merely a gradual withering away of it with a bang and whimper. Either way Bush and Co. will be remembered with contempt and hatred. Ed Kent
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2007 Budget Favors Defense: 141 Programs to Be Cut or Halted
http://www.washingtonpost.com/wp-dyn/content/article/2006/02/04/AR2006020401179.html
President Bush plans to propose a $2.7 trillion budget tomorrow that would shrink most parts of the government unrelated to the nation's security while slowing spending on Medicare by $36 billion during the next five years, according to White House documents.
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President to send Congress
$439.3 billion defense budget
http://www.signonsandiego.com/news/military/20060203-0013-defensebudget.html
February 3, 2006
WASHINGTON – President Bush's 2007 budget seeks a nearly 5 percent increase in Defense Department spending, to $439.3 billion, with significantly more money for weapons programs, according to senior Pentagon officials and documents obtained by The Associated Press.
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Some Key Facts Concerning The President’s Budget Priorities For 2007
http://www.commondreams.org/news2006/0203-12.htm
WASHINGTON - February 3 - In this week’s State of the Union, President Bush outlined the priorities of the Administration’s forthcoming budget. Several key facts necessary to understanding the impact of the President’s proposals, however, were not mentioned in the speech.
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"A war is just if there is no alternative, and the resort
to arms is legitimate if they represent your last hope." (Livy)
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Ed Kent 718-951-5324 (voice mail only) [blind copies]
http://groups.yahoo.com/group/EndingPoverty
http://BlogByEdKent.blogspot.com/
http://www.bloggernews.net
............................................................
2007 Budget Favors Defense: 141 Programs to Be Cut or Halted
http://www.washingtonpost.com/wp-dyn/content/article/2006/02/04/AR2006020401179.html
President Bush plans to propose a $2.7 trillion budget tomorrow that would shrink most parts of the government unrelated to the nation's security while slowing spending on Medicare by $36 billion during the next five years, according to White House documents.
----------------
President to send Congress
$439.3 billion defense budget
http://www.signonsandiego.com/news/military/20060203-0013-defensebudget.html
February 3, 2006
WASHINGTON – President Bush's 2007 budget seeks a nearly 5 percent increase in Defense Department spending, to $439.3 billion, with significantly more money for weapons programs, according to senior Pentagon officials and documents obtained by The Associated Press.
------------------
Some Key Facts Concerning The President’s Budget Priorities For 2007
http://www.commondreams.org/news2006/0203-12.htm
WASHINGTON - February 3 - In this week’s State of the Union, President Bush outlined the priorities of the Administration’s forthcoming budget. Several key facts necessary to understanding the impact of the President’s proposals, however, were not mentioned in the speech.
--
"A war is just if there is no alternative, and the resort
to arms is legitimate if they represent your last hope." (Livy)
--
Ed Kent 718-951-5324 (voice mail only) [blind copies]
http://groups.yahoo.com/group/EndingPoverty
http://BlogByEdKent.blogspot.com/
http://www.bloggernews.net
posted by Ed Kent at 10:09 AM
2 Comments:
Actually I think the damage was done before the second term started.
This government scares me. A lot. I try to explain to my Austrian wife how this happened. She simply said, "I understand. There's no explanation for the Nazis, either, but they happened." I'm not comparing our government to the Nazis, but we've elected ourselves an inexplicable government, twice, and now it's time to pay the piper.
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