Thursday, October 2, 2008

Well Said

'We should limit the burden of government on this economy by acting as good stewards of taxpayers' dollars. In two weeks, I will send you a budget that funds the war, protects the homeland and meets important domestic needs, while limiting the growth in discretionary spending to less than 4 percent. This will require that Congress focus on priorities, cut wasteful spending and be wise with the people's money. By doing so, we can cut the deficit in half over the next five years.'

- George W Bush Jan 20, 2004 (State of the Union address to joint session of Congress)

'I don’t think the school system is better off. I don’t think the morale in the military is better off. I don’t think our standing in the world is better off. No question the stock market is higher. But prosperity hasn’t reached throughout all of society.'

- George W Bush on Clinton/Gore Years – August 2001

'We can show Washington how to handle a budget surplus. During times of plenty, we must not commit our state to programs we cannot afford in the future. We must meet basic needs, dedicate the lion’s share of new money to public schools, then send money back to the hands who earned it - the taxpayers of Texas. Tomorrow, I will submit a budget that is balanced and limits government’s growth. It reflects my two major priorities: school children and taxpayers.'

- George W Bush Jan 27, 1999 State of the State Address, Austin TX

'George W. Bush and his colleagues have become not merely the custodians of the largest government in the history of humankind, but also exponents of its vigorous expansion.'

- Tony Snow March 3, 2006

'Over the past seven years, this system has absorbed shocks -- recession, corporate scandals, terrorist attacks, global war. Yet the genius of our system is that it can absorb such shocks and emerge even stronger.'

- George W Bush Feb 13th, 2008 when signing tax stimulus rebate bill

'All public policy should revolve around the principle that individuals are responsible for what they say and do.'

- George W Bush October 1, 2008

'I am returning herewith without my approval H.R. 3043, the "Departments of Labor, Health and Human Services, and Education, and Related Agencies Appropriations Act, 2008." This bill spends too much. It exceeds the reasonable and responsible levels for discretionary spending that I proposed to balance the budget by 2012'

- George W Bush November 13, 2007

'We believe the American people can spend their money better than the government can spend it.'

- George W Bush

'Keeping taxes low and restraining spending leads to a vibrant economy; it leads to new jobs; it leads to better opportunities; and it leads to a shrinking deficit.'

- George W Bush

'There are people in the Republican Party who are becoming increasingly uncomfortable with the high level of spending.'

- Maya MacGuineas, executive director of the Committee for a Responsible Budget Jan 2004

'What we need to do is impose spending discipline in Washington, D.C'

- George W Bush to Congress January 23, 2007

'I'm the commander -- see, I don't need to explain -- I do not need to explain why I say things. That's the interesting thing about being the president. Maybe somebody needs to explain to me why they say something, but I don't feel like I owe anybody an explanation.'

- George W Bush November 2002 (Interview with Bob Woodward)

'The American people can be sure we will continue to act to strengthen and stabilize our financial markets and improve investor confidence'

- George W Bush September 17, 2008

'The American people expect - and our economy demands - that the House pass this good bill this week and send it to my desk.'

- George W Bush October 1, 2008 referring to the Senate approved $700 billion bailout package

'I trust people; I don’t trust the federal government. I don’t want the federal government making decisions on behalf of everybody.'

- George W Bush Oct 17, 2000, St Louis Debates

Today’s distraction: Here’s a list of United States Federal Government bailouts. Note how many on this list are from 2008 as opposed to the entire history of this country. Of particular interest is the below the radar sale of Washington Mutual on September 25th (last on the list) to JP Morgan. The same JP Morgan that on March 16th was given $29 billion by the government to buy out Bears Stearns. Does this mean the government is just getting it’s own money back for JP Morgan to buy up Washington Mutual? Think someone in JP Morgan is good friends with someone in the Bush Administration?

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