Saturday, January 17, 2009

Fox Noise Just Making Shit Up! - I Call Bullshit!

For those who came to check up on Cooper, sorry but I must rant occasionally:

From Think Progress:

Today, President Bush left for Camp David for what is expected to be his last departure from the White House via Marine One. During Fox News’s coverage of the event, hosts Martha MacCallum and Wendell Goler tried to rewrite history for Bush:

GOLER: This president inherited a budget surplus, but he also inherited what he called “the trifecta of bad times.” There’s the president headed out to Marine One right now. […] He inherited the 9/11 attacks. He inherited the recession and he inherited some tough times on Wall Street.

Goler did not provide any explanation as to exactly how President Bush inherited those attacks. Watch it:





Bush did not inherit a recession:
The NBER's Business Cycle Dating Committee has determined that a peak in business activity occurred in the U.S. economy in March 2001. A peak marks the end of an expansion and the beginning of a recession. The determination of a peak date in March is thus a determination that the expansion that began in March 1991 ended in March 2001 and a recession began. The expansion lasted exactly 10 years, the longest in the NBER's chronology [1]. According to the National Bureau of Economic Research (NBER), which is the private, nonprofit, nonpartisan organization charged with determining economic recessions, the U.S. economy was in recession from March 2001 to November 2001, a period of eight months. However, economic conditions did not satisfy the common shorthand definition of recession, which is "a fall of a country's real gross domestic product in two or more successive quarters," and has led to some confusion about the procedure for determining the starting and ending dates of a recession.


Bush was warned about Bin Laden


The White House said tonight that President Bush had been warned by American intelligence agencies in early August that Osama bin Laden was seeking to hijack aircraft but that the warnings did not contemplate the possibility that the hijackers would turn the planes into guided missiles for a terrorist attack.

''It is widely known that we had information that bin Laden wanted to attack the United States or United States interests abroad,'' Ari Fleischer, the president's press secretary, said this evening. ''The president was also provided information about bin Laden wanting to engage in hijacking in the traditional pre-9/11 sense, not for the use of suicide bombing, not for the use of an airplane as a missile.''

Nonetheless the revelation by the White House, made in response to a report about the intelligence warning this evening on CBS News, is bound to fuel Congressional demands for a deeper investigation into why American intelligence agencies and the Federal Bureau of Investigation had failed to put together individual pieces of evidence that, in retrospect, now seem to suggest what was coming.

In the past few days, government officials have acknowledged for the first time that an F.B.I. agent in Phoenix had urged the F.B.I. headquarters to investigate Middle Eastern men enrolled in American flight schools. That memorandum also cited Mr. bin Laden by name and suggested that his followers could use the schools to train for terror operations, officials who have seen the memorandum said.

Administration officials reached this evening said the warning given to Mr. Bush did not come from the F.B.I. or from the information developed by the Phoenix agent. Instead, it was provided as part of the C.I.A. briefing he is given each morning, suggesting that it was probably based on evidence gathered abroad.

The C.I.A. had been listening intently over the July 4 holiday last year, after what one investigator called ''a lot of static in the system suggesting something was coming.'' But then the evidence disappeared as quickly as it had arisen, and by August, officials have said, little was heard from Al Qaeda.

The warning of the hijacking was given to the president at his ranch in Crawford, Tex., where he was on vacation.


He created this mess!!
Earlier this year Mr. Bush used projections of vast budget surpluses to push through a huge, 10-year tax cut. Most of that tax cut went to people with incomes of more than $200,000 per year. Now Mr. Daniels tells us that the budget -- not just the budget outside Social Security, but the whole enchilada -- will be in deficit through 2004. Since the administration's phony budget math (''fuzzy'' just doesn't cut it at this point) gets phonier the further you go into the future, this means that we have effectively returned to a state of permanent deficit.

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