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Politics : Impeach George W. Bush -- Ignore unavailable to you. Want to Upgrade?


To: longnshort who wrote (60074)5/5/2006 9:07:52 AM
From: Land Shark  Read Replies (1) | Respond to of 93284
 
Dollar Falls After U.S. Economy Adds Fewer Jobs Than Forecast
May 5 (Bloomberg) -- The dollar fell against the euro and yen after a government report showed the U.S. economy added fewer jobs than forecast last month.

Investors may reduce wagers the Federal Reserve will raise interest rates one more time after an increase next week. The dollar has fallen about 2 percent versus the euro since Fed Chairman Ben S. Bernanke said on April 27 that the central bank may stop raising rates ``at some point,'' after 15 straight increases since June 2004.

``My guess is if you have a number that's in line or slightly weak you're going to see the dollar sell off even further,'' Greg Anderson, a currency strategist with ABN Amro NV in Chicago, said before the report.

The dollar traded at $1.2751 per euro at 8:33 a.m. in New York, compared with $1.2691 per euro late yesterday and $1.2634 per euro a week ago. Europe's common currency yesterday reached $1.2724, the strongest since May 12, 2005. The dollar was at 113.38 yen from 113.65.

The 138,000 gain in payrolls for April followed a revised 200,000 increase the month before and was the smallest increase since October, the Labor Department reported today in Washington. Average wages were up 3.8 percent from April 2005, the biggest gain since August 2001.

The slowdown in hiring suggests record gasoline prices and rising borrowing costs are forcing companies to rein in costs to maintain profits. Hourly earnings increased as factories, which tend to pay higher wages than service providers such as retailers, added the most jobs in almost two years.



To: longnshort who wrote (60074)5/5/2006 12:42:10 PM
From: Orcastraiter  Read Replies (1) | Respond to of 93284
 
What is the function of government IYHO?



To: longnshort who wrote (60074)5/17/2006 2:03:02 AM
From: tejek  Respond to of 93284
 
Down in the Polls, Bush Dusts Off A Uniform in the Art of Distortion

by Pierre Tristam

Salvador Dali was the surrealist painter to whom distortion was means, ends, and art all in one. These are Dali times, minus the art. George W. Bush is the surrealist president to whom distortion is means, ends, and crime. Dali's dalliance with fascism was the harmless product of a man infatuated with schlock. Bush's dalliance with fascism is the by-product of a man who thinks being on a mission from God is not just a line in "The Blues Brothers," but an executive order from a gospel of his own discovery. Dali would have appreciated the gall of a president still pushing the hallucinogens of Sept. 11, especially this month, when the American death toll in Iraq and Afghanistan will exceed that of ground zero. Bush is just glad a third of the nation and most of Congress are still inhaling.

A quick example. On the inhaling side, there's the $70 billion in tax cut extensions for the rich (those who profit from capital gains and stock dividends) that the Senate just approved. On the exhaling side, it's exactly the amount Bush is requesting in his latest "supplemental" bill for the wars in Iraq and Afghanistan. Supplementals are the accounting deceptions that hide how the United States spends more on its $600 billion military than all other nations combined. The latest supplemental will bring the cumulative cost of Iraq and Afghanistan to $438 billion by midyear, and past the half-trillion dollar mark by the time American deaths in Iraq alone are likely to exceed all those of Sept. 11, in time for Christmas.

Here's the odd part. Bush promises a veto if the spending bill includes $14 billion in so-called domestic pork, like promoting Gulf of Mexico fisheries or moving a railroad or building a bridge here and there. Headlines have focused on that $14 billion as pointless spending by a typically pork-ridden Congress. But what's the true obscenity -- the cost of wars that are undermining national security and jeopardizing the nation's fiscal future or a few congressional pet projects that will at least create jobs, improve life, maybe even produce some useful research along the way? But distortions of national purpose have become so perverse that any civilian spending is presumed suspicious, while any military spending is presumed worthy. That's how military regimes are born.

One of Dali's last paintings is called "Warrior," an up-close portrait of a helmeted soldier whose face looks eerily like the Statue of Liberty's. Bush's triumph has been to draft liberty in the service of war -- a fundamental reversal that hasn't quite registered in the national psyche. Most of us still think that we fight wars to protect freedom. In fact, not a single war since Korea can make that claim (no, not even Gulf War I, which only restored Kuwait's playboy caliphate and secured Saudi oil's intravenous pipeline to America's arteries). Most wars since, Iraq, Afghanistan and the "war on terror" most of all, are doing the reverse: mocking liberty where they're being fought and systematically undermining it at home. Two acronyms suffice to illustrate this point for now: GWB and NSA.

Americans love a uniform. They instinctively equate the military with the efficient and the victorious. The assumption is as outdated as Ernie Pyle-like war reporting. Vietnam was a catastrophe. Lebanon was a disaster. Grenada was like sending the New York Yankees to beat up on a little league team. Somalia and Haiti were disasters, especially in retrospect. Iraq is a Vietnam-size catastrophe. Afghanistan is getting there. Conservatives pretend that they don't throw money at a problem (though they have no issue with throwing money their way; see tax cuts above). They rarely hesitate to throw troops at a problem. The waste in lives, money, resources and liberties has been criminal.

Inefficient in everything, victorious in nothing, Bush knows at least this much: When he puts on a uniform, speaks to military audiences or starts wars, his approval numbers go up. After Iraq, Afghanistan and Old Europe, he's run out of places to start wars. So he's invading the U.S.-Mexico border. Troops there won't make a difference. But illegal immigration isn't his concern. He's militarized foreign policy. He's militarized spying and intelligence. The Department of Homeland Security is a quasi-military operation. He had no "boots on the ground" here at home, visible and enforcing federal will. Now he'll have them. Legislative and judiciary branches abdicated years ago. The dissident media is its own echo chamber. Dangle a uniform and the public will still inhale deeply. With such willing collaborators, who needs a coup?

Tristam is a News-Journal editorial writer. Email to: ptristam@att.net.