Sorry Georgie...

“No More Allowance for Junior”

He has been a very, very bad boy. He reminds me of myself when I was a young man and came into some real money. I decided to buy a shiny new thirty-five thousand dollar Cadillac and drove it all the way from New York to Las Vegas. After a glorious week of gambling, shows, great food and terrific weather, I returned to New York in a five-hundred thousand dollar bus! Our President has gambled and lost, playing fast and loose with our human treasure and economic future. Our dollar is at an all-time low, oil is at all-time highs, and combined with the sub-prime mortgage disaster, these factors shape the three-legged stool that Mr. Bush finds himself seated upon.

When George W. Bush took office in January of 2001 he inherited billions of dollars in surplus from the Clinton administration. He has not only squandered that surplus, but has plunged America into the most disastrous deficits in recorded history. When the total costs of the wars in Iraq and Afghanistan are tallied up, and the additional deficit caused by the sub-prime mortgage bailout is added in, America will be saddled with a deficit of perhaps five trillion dollars! The debt service on this amount will be some two-hundred and fifty billion dollars per year, not to mention paying back the principal.

So when our feckless leader asks Congress to continue funding the wars in Iraq and Afghanistan, Ms. Pelosi and Mr. Reid are absolutely right in saying enough! No more money until the President sets absolute dates for the removal of our troops from Iraq. With the money Mr. Bush has spent for his blood lust in Iraq we could have had healthcare for every American, solar, wind and nuclear power projects to wean us from fossil fuels, and a Social Security plan that would insure the stability of that program forever.

Our next President will inherit the most disgraceful political, economic and environmental mess in the long history of America. I say not another dollar for Bush/Cheney policies, and a return to the fiscal conservatism that made us the greatest economic power on earth.

By:

Henry A. Lowenstein