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WPCNR NEWS AND COMMENT. By John F. Bailey. October 12, 2008: Monday is a landmark day.
The WPCNR Bush Countdown Clock World Center issued a press release worldwide today, noting Monday is the first of the last 100 days of the George W. Bush “Presidency,” “The Presidency of Ineptacy,” “The Era of Error,” which will give Mr. Bush the distinction of being what some would say, the worst American President in the country’s history, going down in history with other leaders of infamy who singlehandedly presided over the weakening of their countries. However, the rich, the powerful, and he connected may think he is quite effective. Here’s why:
But he still has 100 Days left. We write about the President’s ineptitude, but he is actually accomplishing things rather rapidly. WPCNR created the Bush Bucket List on September 23, just 19 days ago.
The Bush Bucket List listed the 25 things the President might want to achieve before he leaves office January 20, 2009, and turns over what’s left of America to Mr. McCain or Mr. Obama.
Some of the 25, of course, are unthinkable, such as war with Iran, but he was heading that way 19 days ago
. In 19 days, Mr. Bush has been very effective, he has already achieved 11 of the 25 Bucket List Tasks. Let’s run down the Bush Bucket List and see how Mr. Bush and his boys are doin’ as his administration “winds down” and winds down America in the process:
The Bush Bucket List
Still To Do with 100 Days to Go:
1. Ram through “Paulson’s Ploy” the Bailout. (DONE)
2. Bailout the automobile industry on the verge of collapse next.
DONE — $25 BILLION in Loans supposedly for energy-efficient cars — we’ll see won’t we>]?)
3. Assure no money is available for developing electric, hydrogen or air cars to replace oil.
(DONE.)
4. Eliminate environmental restrictions on drilling, tapping for American resources.
(IN WORKS. McCain campaign paves way.)
5. Start a war with Iran.
(No CHANCE. WE LOVE IRAN NOW. They’re next to go off the Terror List.)
6. Start a war with Pakistan over Taliban raids.
( IN WORKS! Missiles keep being fired in!)
7. Assure U.S. Oil reserves are not tapped.
( DONE! No effort to tap so far)
8. Put their buddies, the outlaw investment banks back in business by allowing them to act as banks (almost done).
( DONE! with only two left – Morgan Stanley and surprise, Goldman-Sachs –how did we know that was going to happen?)
9. Make any congressional restrictions on Wall Street cosmetic and “self-policing” by establishing a task force.
( Backburnered. Regulation to come but NO regulations yet on how the banks are to use the Loan injections)
10. Solvensize banks’ balance sheets but do not force them to lend their new found cash
(DONE– no compelling legislation to force the money out into the lending stream — as the European governments are doing as of Sunday)
11. Freeze current tax rates on the over $200,000 a year crowd.
(On HOLD, he still has 100 Days)
12. Assure oil company windfall profits are not touched.
( DONE. No TALK at all by congress on this. Not touched as yet. not even a whisper!)
13. Reestablish the military draft.
(To do— Troops come out of Iran go to the Hindu Kush — stage is set for it with lame duck congress. Also creates jobs!)
14. Push through a defense renewal plan to requip military for billions before January 20, 2009
(To do)
15. Turn worthless assets now held by financial institutions, FANNIE and FREDDIE into fortunes by inflating the value of the assets.
(On hold for now.)
16. Make Treasury Secretary a financial czar with iron-fisted control of economy, out of control of Congress.
(DONE!)
17. Assure American dependence on foreign oil.
(DONE! Lowered oil prices achieved megifying oil company profits rest of year, with oil prices accepted by most Americans– this in just 19 days)
18. Issue Internet Website Licenses under control of FCC, effectively limiting free speech on the internet. Tax Internet Sales nationally.
(On hold.)
19. Finance bailout by extending age Social Security is Collected, and tapping current social security reserves.
(On hold, but he has 100 days with a lame duck congress, a very dangerous situation.)
20. Assure no universal health care is possible due to debt incurred.
(DONE!)
21. Allow mergers of key firms creating oligopolies and extensive foreign ownership.
(PROCEEDING AS WE WRITE WITH SUCCESS! – GM and Chrysler, Wells Fargo and Wachovia, Morgan Stanley and Goldman Sachs just to name two achieved in 19 days, and one about to happen)
22. Make Cabinet members’ policy decision not subject to congressional approval.
(On HOLD)
23. Pardon principle figures in the sub-prime and other scandals of the last eight years, should any, by some stretch of imagination by indicted before January 20.
(Delayed to the night of January 19.)
24. Assure no person of color, is ever nominated again for President by a major party for decades.
( PROCEEDING AS WE WRITE WITH SUCCESS –24 days of hate directed at the Democrat nominee to go.)
25. Achieve massive cuts in entitlement programs: arts, community development, HUD, minimum wage.
(Entitlements will have to be curtailed in 2009 simply by the size of the ballooned deficit — this is DONE.)
I think we can rule out Number 5, and in view of Mayor Bloomburg’s effort to roll back term limits in New York, let’s replace it with a new Number 5:
5. Extend current Presidential Term when America is in crisis.
