A few days ago I commented on the Bush Legacy Project, first on his Legacy # 1, the Iraq War which he had planned starting two weeks into his inauguration. Next I commented on his Legacy # 2, the Body Snatcher Torture Airline network. --- Today I want to comment albeit shortly on his Legacy # 3, the National Debt to which my attention was drawn by an article in USA Today published sometime in October. I went into the Government data bases and found an interesting graph that shows the development of the national debt since before the Mayflower, or so. I KNOW, the dramatic increase in spending is caused in part by the war, but only in part. It is also caused by the Republican tax policies, no offense if you are a Republican. Here are the budget deficits during the last 20 years under Clinton and Bush.
--- I am mentioning this because the over $10 trillion national debt is Obamas inheritance that will give him headaches. Especially when it comes to his promise of change. And even more when it comes to dealing with the recession in light of the fact that the Senate is not filibuster proof. --- While I am at the economy, unlike in the United States, where retail is hurting, Christmas in Germany wasnt too bad for retailers, anyway. In turn, farmers seem to suffer over there because wholesale and retail outlets cant get credit to pay for corn etc. --- Amazon here seems to have had record sales. --- Europe is very much looking to the United States in part with concern because of the Guantanamo situation where it is discussing taking those prisoners and in part because of the global economic situation, showing a great interest in Obamas plans and cabinet. I did some research concerning an institution that became famous under Bill Clinton, mostly because it was used to reward big donors, those that used the Lincoln Bedroom as bed and breakfast. --- It is a government agency known as OPIC, - and no that is not OPEC. OPIC stands for Overseas Private Investment Corporation that not only provides funding to foreign countries but ALSO insurance for private investors. --- The question comes to mind why OPIC or at least a similar set-up could not operate inside the United States. And no, the SBA is running out of money and could not handle major projects anyway. You see, OPIC is currently providing $176 million funding for Georgia projects and this is not the Georgia between South Carolina and Florida. It is the one that had problems with Russia lately. --- As to the parody I mentioned in the beginning I am not sure it is one. It is Rush Limbaughs apparent theme song and is based upon the tune of the magic dragon. The new words target Obama. It goes like this: Comes the Magic Negro.
I dont know about you but there is a line beyond which certain people reveal themselves as racists. In fact, Limbaughs tirades actually reveal that he is thinking with his skin, not his brain. Otherwise he would notice that the Republicans dream to enlist black voters for the next election is a pipe dream. --- This nation has serious problems to solve. I would say the first issue is to ensure that everybody who wants to work should have a place to work. Obama needs every help he can get and in the interest of the nation we should concentrate on giving it to him. Anybody who tries to torpedo the economic recovery or who interferes with national security is forgive me a jerk.--- On a side note, Intel is coming out with USB. --- Demonstrations are being held in Jordan supporting the Shoe Thrower. --- And in England the Brits are upset about Prince Edward who got caught beating his hunting dogs with a 4-foot stick. Dont these guys have anything better to do than go and kill little bambies? I mean come on now!
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