horses and saddles sold cheap and other metaphors

Wednesday, July 13, 2005

Downing Street and Rove versus new logging roads

Well it seems that the treachery of Karl Rove
Moreover, if Rove told Bush, or even McClellan, "I didn't discuss Valerie Plame with anyone," he violated 18 U.S.C. 1001, the law against making false statements to officials. That would still be true even if he managed to skirt around the truth, using misleading language such as "I never revealed her name" as part of a "scheme" to "cover up" a "material fact."

has pushed the conspiracy to go to war regardless of the evidence re the Downing Street Memo
These incidents are the tip of a very big iceberg. The fact that the head of UK intelligence came away from meetings in Washington concerned about intelligence and facts being fixed around a pre-existing policy is perhaps not surprising. But it does not make the Bush administration’s actions any less repugnant. War as a last resort, indeed.

so its easy to see that why the Bush Administration and his mindless cattle in the Senate can open up millions of acres of timberland to new roads. What are forests afterall, according to the conservative mind set, they're just another resource to be abused. Our forests should serve different functions, but planning for the future is essential.
Court Upholds New Federal Logging Rules ( activists courts?)
A federal appeals court dismissed an attempt by environmental groups to restore a Clinton-era ban on logging in roadless areas of national forests, saying their appeal became irrelevant when the Bush administration adopted a replacement rule.

The Clinton administration's rule put 58.5 million acres of roadless forest off-limits to logging and other development. Under the new rule, those lands, most of which are in the West, are open to road building for potential logging, mining and other commercial uses.

Just another week in Bush World. The law, respect for life, the long term consequences of our actions in regards to the environment are held in contempt.

Monday, July 11, 2005

So you thought the age of Enron was over

Exponential Enrons Ahead
Supporters of PUHCA point out that for 50 years, we have had reliable, cheap electric power that has allowed strong economic growth, and that no PUHCA-regulated energy holding company has ever gone bankrupt. Furthermore, it was partial PUHCA repeals in the 1990s that opened the door to Enron, Westar and other energy debacles. To repeal PUHCA now is equivalent to blowing up the barn after the horses have escaped, never mind shutting the barn door.

And that's just what the most corrupt Congress since Groover Cleveland is doing, opening up the barn door. They realize, as many of us do, that the public's memory is about two weeks long for most political scandals. Most people have heard of Iran-Contra, but can't explain one of the most vile episodes in American history, so why would they remember Enron.

Sunday, July 10, 2005

Economics for real folks

Why The Employment Situation Sucks
According to the Federal Reserve, total consumer debt is just under 10 trillion dollars. This includes credit card and mortgage debt. This is the highest level in 25 years.

According to the Federal Reserve, mortgage debt increased from 5 trillion to just under 10 trillion from 2000 - 2004. This is the highest level in 25 years.

According to the Federal Reserve, household debt as a percentage of GDP has increased from 70% to 85% from 2000 - 2004. This is the highest level in 35 years.

According to the Federal Reserve, household debt as a percentage of assets has increased from 15% - 18% from 2000 - 2004. This is the highest level in 40 years. Also remember that after inflation, wage growth was stagnant for the last few years. This means debt payments are taking a larger percentage of personal income.

For years conservatives said that debt was tearing America apart, now they say debt doesn't matter. Round and round we go, what they really stand for nobody knows.

Better late with a link then never: Happy Sachems Day

Meant to link to this on July 4th and forgot: The Founding Sachems
In creating such checks on authority, the league was just the most formal expression of a regionwide tradition. Although the Indian sachems on the Eastern Seaboard were absolute monarchs in theory, wrote the colonial leader Roger Williams, in practice they did not make any decisions "unto which the people are averse." These smaller groups did not have formal, Iroquois-style constitutions, but their governments, too, were predicated on the consent of the governed. Compared to the despotisms that were the norm in Europe and Asia, the societies encountered by British colonists were a libertarian dream.

Worth reading to get a new perpective on early america.

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