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halloween 2003 roundup (coming soon)
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the future of online gaming
star wars cereal review
japanese culture link of the day (12/6/2002)
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  xTuesday, August 13, 2002

economic forum update


Here's an interesting exchange of sound bites from today's economic summit:
"Under this administration, we've lost nearly 2 million jobs, $7 trillion in the market and more than $5 trillion of the surplus," said Senate Majority Leader Tom Daschle, a South Dakota Democrat. "A made-for-TV economic forum isn't going to solve our problems, or ease families' concerns."

Karl Rove, Bush's top political adviser, shot back, "I understand why people who are hypersensitive about the fall elections want an opportunity to score a political cheap shot, but frankly every American ought to applaud it when their president sits down with ordinary people and hears from them."


...yup...according to Rove, citing real statistics about real jobs real people have lost since the Bushies took over (not to mention the vanished surplus) is a "cheap shot;" and anyway, the people ought to be just darn grateful the President is taking a break from listening to his owners cronies loyal business campaign contributors to hear from them, the people.

Speaking of who Bush really listens to, I don't know if you'd call this "news," but according to the AP report, "Bush...mostly heard endorsements of his policies on tax cuts, pension reforms and terrorism insurance from a handpicked." Imagine that...you invite a preselected list, and, mirabile dictu, they tell you what you want to hear. Like it's a total coincidence that after Cheney's energy task force consulted with industry representatives--including Enron execs--it recommended substantially pro-industry, anti-environment policies. Amazing how that works, really.

If this is the best Bush can do to show his "leadership," the Democrats ought to be sitting pretty come November.

Meanwhile, in a column in today's WaPo, William Greider points out that Alan Greenspan's Federal Reserve deserves at least part of the blame for the current economic mess.

Update: Oh, this is priceless...the very day he appears at Bush's forum, Charles Schwab announces his company is closing down a customer service center and laying off 375 employees--in Texas, no less! (via Eschaton)