Chupacabra Report

News That Gets My Goat

-I watched all I could take of the Tory Convention. Those people drive me nuts. Could almost write some of those speeches myself from memory. “Liberal media, eastern elites, Europeans, San Franciscans, civil libertarians" -these folks are running against everybody.
Some of them seem to think that they can continue to win elections like that. Can’t wait.

Hearing all that happy bullshit from Minneapolis, I keep remembering the McCain that I once admired, before he swerved right to win over the phony conservatives that own the Republican Party. In recent years he’s done a 180 on tax cuts, offshore drilling, immigration, reproductive freedom, and torture. He let Abramoff and Scanlon skate past his Indian Affairs Committee without implicating the higher-ups, Bush and Rove, that made all the scams possible. And he keeps gushing about the success of the troop surge in Iraq, which holds as long as we pay the insurgents a million dollars a day to not shoot at our people.

-After last week’s report of China dumping Fannie Mae and Freddie Mac, I shouldn’t have been surprised to see that Bush and the Fed are moving now to bail them out. The Times report said “tens of billions of dollars,” and that will be borrowed money, right? I hate to think what happens when this ponzi economy fails to defy gravity.

This could already be happening. Nine percent of home mortgages are now in foreclosure, and this country has been shedding jobs for eight months in a row now.
Better hold on to your hats.