Tuesday, April 29, 2008

Democratic Congress Resisting Economic Help For Citizens

I think it is VERY important to point some facts out here. I know many of you are particularly concerned about gas prices, tuition and mortgages. The following clearly shows that these problems did NOT exist like they do today until Democrats took control of the congress in "06. You can clearly see by the below article from todays Omaha World Herald that President Bush is trying very hard to deal with all of these issues in a very effective manner but that the Democratic congress keeps blocking him. I mean...do you really want to keep voting Democratic even with this proof in front of you.

I had already mentioned that my dad (in the oil business) has said repeatedly that the US is sitting on HUGE crude oil reserves and if we were only permitted to drill in places like ANWAR in Alasksa like Bush keeps pushing for and were allowed to build new refineries for the crude oil we have (no new refineries have been permitted to be built in over 30 years) we would have excess oil, CHEAP gas prices and wouldn't have to rely on and send money to our enemies in the middle east for oil. But as you can see in the article, the Democrats keep blocking all of it. Including the tuition and mortgage assistance packages that Bush keeps pushing.

Remember the election in 2006?
Thought you might like to read the following:

A little over one year ago: (while Republicans controlled the congress)
1) Consumer confidence stood at a 2 1/2 year high;
2) Regular gasoline sold for $2.19 a gallon;
3) The unemployment rate was 4.5%.

Since voting in a Democratic controlled Congress in 2006 we have seen:
1) Consumer confidence plummet;
2) The cost of regular gasoline soar to over $3.50 a gallon;
3) Unemployment is up to 5% (a 10% increase);
4) American households have seen $2.3 trillion in equity value evaporate (stock and mutual fund losses);
5) Americans have seen their home equity drop by $1.2 trillion dollars;
6) 1% of American homes are in foreclosure.

America voted for change in 2006, and we got it!
Remember, it's Congress that makes law not the President. It's congress that votes taxes, spending, regulations etc.

Quote of the Day........'My friends, we live in the greatest nation in the history of the world. I hope you'll join with me as we try to change it.' -- Barack Obama


Published Tuesday April 29, 2008
Bush open to suspending fuel tax

WASHINGTON (AP) — President Bush said today that Congress is blocking his proposals to deal with high gas prices and dragging its feet on other issues to address the nation's sagging economy.

President BushHe said he was open to any idea in terms of energy, including a proposal backed by John McCain and Hillary Clinton to suspend gas and diesel taxes this summer.

But, he said, he favored longer-term fixes, such as encouraging new oil production in the United States and the building of new refineries.

"It's a tough time for our economy," Bush said at a Rose Garden press conference. "Across our country, many Americans are understandably anxious about issues affecting their pocketbook, from gas and food prices to mortgage and tuition bills. They're looking to their elected leaders in Congress for action.

"Unfortunately, on many of these issues, all they're getting is delay," he said.

Bush was asked about a proposal by Republican presidential contender John McCain, later endorsed by Democrat Hillary Rodham Clinton, to suspend taxes on gasoline and diesel fuel for the summer travel season. The tax is 18.4 cents per gallon of gasoline and 24.4 cents on diesel fuel.

"I'm open to any ideas and we'll analyze anything that comes up," he said.

But Bush also said he didn't want to inject himself into the ongoing presidential race. Of the three candidates, only Democrat Barack Obama has not backed the gas tax proposal.

The average price of a gallon of gas has reached $3.60 nationwide.

Bush renewed his objection to calls that the government discontinue adding to the nation's Strategic Petroleum Reserve supply while oil prices are so high. "If I thought it would affect the price of oil significantly, I would seriously consider it," he said of an idea embraced by many Democrats and some Republicans.

Bush also said that it was important to keep filling the reserve, in underground salt domes in Texas and Louisiana, in case there is a terror attack on the nation's oil supplies. He also once again called for Congress to permit drilling in the Arctic National Wildlife Refuge, a proposal he has made repeatedly since he first took office in 2001, and to pave the way for the building of new refineries.

"Another reason for high gas prices is the lack of refining capacity. It's been more than 30 years since America built its last new refinery. Yet in this area, too, Congress has repeatedly blocked efforts to expand capacity and build more refineries," Bush said.

The president revived an earlier proposal to turn some military bases into sites for new refineries. In the past, oil and energy experts have expressed little interest in that, saying military bases often aren't situated near oil pipelines.

He sidestepped a question on whether there should be a second stimulus package. Rebates started to go out this week as part of a $168 billion stimulus package enacted in February. The checks will range to up $600 for an individual, $1,200 for a couple and an additional $300 for each eligible dependent child.

"Now, you know, after a period of time, the money is beginning to arrive. We'll see what the effects are," he said.

Bush also called on Congress to act more quickly on legislation to make more student loans available and to help homeowners facing foreclosure.

As he has in the past, Bush declined to call the current economic slowdown a recession, even though many economists say the nation is already in one.

"You know, the words on how to define the economy don't reflect the anxiety the American people feel," Bush said. "The average person doesn't really care what we call it. The average person wants to know whether or not we know that they're paying higher gasoline prices and they're worried about staying in their homes."

Asked if he thought government figures due out Wednesday on the nation's gross domestic product for the period from January through March would show the country was indeed in a recession, Bush said, "I think they'll show we're in a very slow economy."

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