Showing posts with label government. Show all posts
Showing posts with label government. Show all posts

Tuesday, October 30, 2007

Democrats "never met a bill they couldn't solve..."

This week President Bush said of the Democratic-led congress that they "haven't seen a bill they could not solve without shoving a tax hike into it. In other words, they believe in raising taxes, and we don't."

Um, okay. I didn't know that we "solved Congressional bills" like we solved violent crimes (although, now that I look at it, that's really not a bad metaphor!)

Anyway, back to the point - for the sake of argument, shouldn't that sound bite have gone something more like, "Democrats never met a problem they couldn't solve by shoving a tax hike into an upcoming bill?"

Or, perhaps given the President's history on this sort of thing what he really should have said was "I never met a metaphor I couldn't mangle and oh, yeah - about those Democrats..."

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The FED is doing what???

From the front page of Reuter's online. On the 1/2% rate cut a while back, ALAN SKRAINKA, CHIEF MARKET STRATEGIST, EDWARD JONES, ST. LOUIS sez:

"This is very good news. The Fed is taking out a little insurance policy. Maybe they were a bit behind but now they're catching up. They're on the ball, they're mining the store, and will take aggressive action to prevent the economy from slipping into recession."

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Wow. Any way you define "mining" it appears we have honesty in Economics at last.

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