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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (64560)	3/17/2007 9:10:09 PM
From: Yulya	Read Replies (1) of 116555

"Thus has Mr. Bush's request for $100 billion to fund the troops in Iraq and Afghanistan, plus $3 billion to replenish the disaster-relief fund, devolved into a $124.6 billion logrolling extravaganza. You can get the flavor from the bill's very first words on page two: "Title I--Supplemental Appropriations for the Global War on Terror Chapter 1 Department of Agriculture Foreign Agricultural Service." Forget the Marines; send in the meat inspectors." In the middle of the cold war, Democrats insisted that we stop building bombers and send more money to the teachers unions. They never stop. They don't know what a war is. All they know is, government's whole reason for being is to shove money back to their districts. War? What war? Oh, yeah. Nancy said that there was no war. There was only a situation to be managed. How can we win without proper storage of peanuts? "This bill has everything the modern military doesn't need. There's $25 million for spinach, designed to attract the vote of Sam Farr, a California farm-region liberal. Perhaps spinach growers who lost business due to last year's E. coli scare need this taxpayer bailout, but it won't intimidate the Taliban unless Mr. Farr plans to draft Popeye. Other lowlights include $20 million to restore farmland damaged by freezing temperatures, and $1.48 billion for livestock farmers. And don't forget the $74 million "to ensure proper storage for peanuts," an urgent national-security need. This happens to be about the same amount that House Democrats propose to increase spending for operations of the Army Reserve, so it's good to see Congress has its priorities in order." Why are Democrats so upset about the war? It's taking up time they could spend spreading pork around. opinionjournal.com

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