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Tuesday, December 21, 2004 |
ICH: "The new Intelligence reform bill is a more stunning attack on the Bill of Rights than the Patriot Act.
The creation of the NID is an appalling idea. It puts all 14 intelligence agencies UNDER A POLITICAL APPOINTEE, which is an invitation for disaster. We all know how corrupted information was before the Iraq war; imagine what it will look like after it travels through the executive sausage-making unit. It's unlikely that anything remotely resembling the truth will ever emerge from the Bush White House."
12:58:11 PM 
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PittsburghLive: "Foreigners put up 90 percent of the $2 billion required every day to make sure Uncle Sam's checks don't bounce.
The profligate uncle thus can write checks that are accepted as payment as long as they are never cashed. This sleight-of-hand shell game is what keeps the international monetary system from imploding. Shakedown rackets and Ponzi schemes are usually less transparent.
The United States' foreign creditors hold an estimated $11 trillion in U.S. 'paper', or 43 percent of the superpower's privately held national debt, up from 30 percent since George W. Bush became the 43rd president. China, Japan and Saudi Arabia are among the biggest dollar stakeholders, and they have seen their assets fall 35 percent against the euro and 24 percent against the yen.
The dollar is expected to shrink another 30 percent during the Bush 43 mandate. This could then be the biggest default in history, wiping out anyone holding dollar assets, and burying the dollar as a global reserve currency."
Yahoo: "During a season with shoppers racing about to wrap up holiday spending, half of Americans say they worry about their overall level of debt, an Associated Press poll found."
Yahoo: "In only four of the nation's 3,066 counties can someone working full-time and earning federal minimum wage afford to pay rent and utilities on a one-bedroom apartment, an advocacy group on low-income housing reported Monday."
St.LouisToday: "After a seven-year decline, the number of Americans on food stamps has shot up 39 percent since 2000, according to federal statistics. Every state, except Hawaii, has felt the impact. In Arizona, food stamp rolls have increased 104 percent, in Nevada, 97 percent; Oregon, 79 percent; South Carolina, 68 percent; Missouri, 65 percent."
12:41:21 PM
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This blog has named George WMD, Dubya, the Unperson of the Year. His evil achievements equal those of Attila the Hun. The award goes to Dubya for his lies, cheating and pigheadedness. History will judge about his war crimes.
The award for the best retro article goes to Time for this untimely article.
11:33:12 AM
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© Copyright 2004 Hetty Litjens.
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