Thursday, April 21, 2011

Karl Rove is a Traitor and a Hypocrite

He outed an undercover CIA officer and never had to pay a price for that crime. But these days, Karl is busy spreading his bullshit in another area where he is a blatant hypocrite: government debt.

In his article today in Murdoch's WSJ, Rove advocates encumbering a debt ceiling increase with "tough spending and deficit caps." Of course, when his hero GW Bush, who blew the surplus and created most of the debt we have today, needed to have the debt ceiling increased, there were no such encumberences. In fact, the GOP voted to raise the debt ceiling 19 times under Bush.

Why didn't they encumber those debt ceiling raises with spending and deficit caps? Because Karl Rove is a hypocrite. And a traitor.

in reference to:

"For this fight, President Barack Obama's strategy is three-fold. First, warn of catastrophic consequences if the debt ceiling isn't raised by early July when the Treasury Department runs out of fiscal tricks to keep from breaching the limit. Second, demand a "clean" debt ceiling increase, unencumbered by the tough spending and deficit caps that some congressional Republicans want to strap on the measure. Finally, blame the GOP for holding our economy hostage as often as possible."
- Karl Rove: How Republicans Can Win the Debt Limit Fight - WSJ.com (view on Google Sidewiki)

Wednesday, April 13, 2011

Bush discusses economy at Dallas conference - BusinessWeek

The real reason for the deficit: George BushBush discusses economy at Dallas conference - BusinessWeek: "The George W. Bush Institute has cited reaching 4 percent as one of its top goals. The U.S. economy has grown an average of about 3.5 percent a year since the 1950s."

US average GDP during Bush's presidency was 2.5%. Now he's talking about how the magic of tax cuts for the rich can get us to 4% growth! He left the economy in shambles. Job creation under Bush was dismal. The deficit exploded.

The U.S. national debt grew significantly from 2001 to 2008, both in dollars terms and relative to the size of the economy (GDP),[1] due to a combination of tax cuts and wars in both Afghanistan and Iraq.

Anyone who would attend a conference to listen to GW Bush talk about the economy is an idiot. Tax cuts! Magic Ponies! Bust unions! Trickle down!

The only thing that trickles down from these Galtian overlords is the piss they're spraying on the poor and middle class. Take that, you dirty fucking hippies!