Progressive Democrat Issue 165

This week was Yom HaShoah, Holocaust Remembrance Day. It also was the fifth aniversary of Bush's infamous "Mission Accomplished" speech. This aniversary was unique in that for the first time the Bush administration has admitted that the banner was a huge mistake...though John McCain blamed it on the military, excusing Bush for the fiasco. The Republicans are finally acknowledgig the dismal failure of "Mission Accomplished" but refuse to take the blame. Typical. Absolutely typical. Republicans wouldn't know responsibility if it bit them in the ass.
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Progressive Democrat Newsletter Issue 159

It has been an eventful week. The economy has shown signs of considerable collapse. One of the most stodgy and respected banks, Bear Stearns, collapsed from being worth some $130 a share to being bought out for a mere $2 a share. AND it needed bailing out by the government as well. Inflation and stagnation...what used to be called stagflation. That is what we are seeing. Back when we first saw this horrible combination, at least our Presidents admitted it. Ford's slogan was "WIN: Whip Inflation Now!" It was worthless, but at least it admitted the problem. Bush merely "reassures" us that there is nothing to worry about. He claims there is no recession, no inflation, no problem. "Don't worry, be happy." The mantra that worked so well for his father.
This week it was all about the economy, the war and race. That's a pretty heavy week!
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