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tom
Citizen
Username: Tom

Post Number: 1753
Registered: 5-2001
Posted on Saturday, January 10, 2004 - 4:44 pm:   Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)


quote:

Suskind also writes about a White House meeting in which he says the president seems to be wavering about going forward with his second round of tax cuts. "Haven't we already given money to rich people," Suskind says the president uttered, according to a nearly verbatim transcript of an Economic Team meeting he says he obtained from someone at the meeting, "Shouldn't we be giving money to the middle?"



All those at the table sat silently, looking from one face to another, for a several long moments. Then unanimously broke out laughing. "George, you really had us going for a minute there!"
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tjohn
Citizen
Username: Tjohn

Post Number: 2055
Registered: 12-2001


Posted on Saturday, January 10, 2004 - 7:48 pm:   Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)

Maybe O'Neill is seriously concerned that the Bush Administration is taking the country in the wrong direction. Maybe that is why he is taking the rather unusual step for somebody at his level of telling all. O'Neill doesn't seem like the type to write a "kiss and tell" book just to get attention or to settle a grudge. He certainly isn't a Dean Democrat.
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DrFalomar
Citizen
Username: Drfalomar

Post Number: 132
Registered: 7-2003
Posted on Saturday, January 10, 2004 - 10:36 pm:   Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)

O'Neill said he couldn't imagine anyone in the Bush administration coming down on him for tell ing the truth.

Now a "senior adminstration official" (read: administration whoosy too cowardly to give a name and set up to give out the official position) says that O'Neill was completely irrelevant and no one listened to him so why should we now.

OK. Answer me this. If he was so irrelevant, why did he get the job? The Bush administration can't even lie well. Their ability to spin has grown pathetic as the ground beneath them crumbles. O'Neill tells the truth, and all the Bush administration can do is come back at them like some kid at recess. What a piece of crap we have in the White House today.
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notehead
Citizen
Username: Notehead

Post Number: 839
Registered: 5-2001


Posted on Sunday, January 11, 2004 - 10:45 am:   Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)

Okay, try this on:

O'Neill: Bush planned Iraq invasion before 9/11

(CNN) -- The Bush administration began planning to use U.S. troops to invade Iraq within days after the former Texas governor entered the White House three years ago, former Treasury Secretary Paul O'Neill told CBS News' 60 Minutes.

"From the very beginning, there was a conviction that Saddam Hussein was a bad person and that he needed to go," O'Neill told CBS, according to excerpts released Saturday by the network. "For me, the notion of pre-emption, that the U.S. has the unilateral right to do whatever we decide to do, is a really huge leap."
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Nohero
Citizen
Username: Nohero

Post Number: 2686
Registered: 10-1999


Posted on Sunday, January 11, 2004 - 12:10 pm:   Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)

Prez
"My name is President Inigo Montoya.
You tried to kill my father.
Prepare to die!"
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Greatest Straw of all time!
Citizen
Username: Strawberry

Post Number: 1752
Registered: 10-2001


Posted on Sunday, January 11, 2004 - 12:21 pm:   Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)

maybe O"Neill is pissed because Bush fired his ass after watching the guy sit on top of a failed economy. Funny, right about the time O"Neill gets tossed things improve.

The guy was a joke and now he's trying to defend his honor.

Silly liberals love O'Neill (now).
BUSH/CHENEY IN 2004..
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jonnyt
Citizen
Username: Jonnyt

Post Number: 27
Registered: 6-2001
Posted on Sunday, January 11, 2004 - 12:33 pm:   Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)

a record deficit and no recovery in jobs hardly signifies things "improving"
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Greatest Straw of all time!
Citizen
Username: Strawberry

Post Number: 1753
Registered: 10-2001


Posted on Sunday, January 11, 2004 - 12:45 pm:   Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)

Jonnyt,


Well keep your money on the sidelines. Me, on the other hand I'm well invested, have been so for some time now and the results have been quite nice.
BUSH/CHENEY IN 2004..
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anon
Citizen
Username: Anon

Post Number: 912
Registered: 6-2002
Posted on Sunday, January 11, 2004 - 12:51 pm:   Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)

tjohn: I suggest to you that Al Capone understood real practical economics better than a lot of the academic theoriticians.
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jonnyt
Citizen
Username: Jonnyt

Post Number: 28
Registered: 6-2001
Posted on Sunday, January 11, 2004 - 1:42 pm:   Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)

Maybe it's time for you to stash your investments under the mattress, straw


WASHINGTON -- Large and growing U.S. budget and current account deficits raise the risk of an abrupt drop in the value of the dollar, which could hit U.S. and global economic growth, the IMF said Wednesday.

"Although the dollar's adjustment could occur gradually over an extended period, the possible global risk of a disorderly exchange rate adjustment, especially to financial markets, cannot be ignored," the International Monetary Fund warned in a new report on Washington's fiscal stance.

Charles Collyns, deputy director of the IMF's Western Hemisphere Department, told reporters a diminishing appetite among foreign investors to hold U.S. assets already appeared to be playing a role in pushing the dollar down
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vicciepiel
Citizen
Username: Vicciepiel

Post Number: 113
Registered: 2-2002
Posted on Sunday, January 11, 2004 - 7:16 pm:   Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)

Just to set the record straight, O'Neill claims on 60 minutes that he is taking no money for the book. As he doesn't need the money, what is his motivation? Really wants to tell the truth? Mad because he was fired? What does he have to gain by lying? He was known for making gaffes, but is it because, as Howard Dean has reportedly said, "Gaffes are what happens when you tell the truth?"
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themp
Citizen
Username: Themp

Post Number: 340
Registered: 12-2001
Posted on Sunday, January 11, 2004 - 9:29 pm:   Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)

O'neill was an ass and still is. No one "loves" him just because they believe his criticism. some on this board clearly worship power when it is in the hands of their party to the extent that they think criticism of the powerful is inherently absurd because "losers" shouldn't complain but should go away.

O'Neill's criticism is probably accurately detailed. "Reagan proved deficits don't matter" attributed to D Cheney is, if an accurate quote, an indication of how utterly political the outlook of this administration is. Reelection is the only messure of policy. Power is the only ideology. party loyalists will gloat and drown out dissent with the clang of their beer steins on rough tables.

Nice job creation, by the way. Real superhot economy.
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themp
Citizen
Username: Themp

Post Number: 341
Registered: 12-2001
Posted on Sunday, January 11, 2004 - 9:47 pm:   Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)

And he didn't take any money for his part in the book according to reports.

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bobk
Supporter
Username: Bobk

Post Number: 4265
Registered: 5-2001
Posted on Monday, January 12, 2004 - 7:46 am:   Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)

I caught a few minutes of some of the Sunday morning talking head shows and Fox News.

The spin is already starting to discredit O'Neill. Actually, they do a better job of it than the posters here. :-)
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Nohero
Citizen
Username: Nohero

Post Number: 2691
Registered: 10-1999


Posted on Monday, January 12, 2004 - 9:09 am:   Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)

On the other hand, why even bother commenting on O'Neill.

Fox News pays Dick Morris to spin tales about the Clintons, and everything he says is treated as the gospel truth. But, Paul O'Neill speaks bluntly (with apparently no personal or financial gain at stake for his trouble) and the press dutifully reports every attack from the White House character assassination team.
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Insite
Citizen
Username: Insite

Post Number: 190
Registered: 10-2002
Posted on Monday, January 12, 2004 - 9:50 am:   Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)

OH GOD,

Nohero is a BIG Paul O'Neill fan. 2 weeks ago the only Paul O'Neill Nohero ever heard of was a retired Yankee. Now, he has a big place in his heart for a fired Bush Administration official.

What a phony.
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themp
Citizen
Username: Themp

Post Number: 342
Registered: 12-2001
Posted on Monday, January 12, 2004 - 11:27 am:   Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)

Oh God, now the same conservatives who loved Paul O'Neill because he has a business background etc think he's crazy. Put any amount of wadding in your ears that you like, but you can't drown out the fact that this is criticism from a conservative with long experience in Washington (albeit and ass)and that it is consistent with other stories that have crept out of the Bush black hole.

It is just cheap to say that anyone who substantially believes O'Neill and his 19,000 pages of documents and notes to be accurate "loves" him. Only a conservative could "love" him. Makes life easy for you, but it'd a dodge. Is that what headquarters is pushing now? If anyone mentions O'Neill, say "Oh, now you love him."? Is that what Rushbo is saying?
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Insite
Citizen
Username: Insite

Post Number: 193
Registered: 10-2002
Posted on Monday, January 12, 2004 - 11:36 am:   Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)

Conservatives see O"Neill for what he is. A former Bush official fired after he failed to do enough to convince Bush he was the right man for the job.

You people, in love with a guy you know nothing about because he's selling some type of excuse for his inabilities is laughable. But than again, so are most of you.
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mfpark
Citizen
Username: Mfpark

Post Number: 155
Registered: 9-2001
Posted on Monday, January 12, 2004 - 11:52 am:   Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)

Straw:

Here is one investor who sees rising interest rates as being a potential problem:

With a growing federal budget deficit, a falling dollar and Federal Reserve policy makers expected to begin raising their benchmark short-term interest rate, there are few safe places where bond investors can find passable returns.

http://www.nytimes.com/2004/01/11/business/yourmoney/11gross.html

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JJC
Citizen
Username: Mercury

Post Number: 163
Registered: 12-2002
Posted on Monday, January 12, 2004 - 12:19 pm:   Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)

The defense of Bush here seems rather weak - attacking the messenger ??? Regardless, we've heard all of these stories before and I have not yet heard a good rebuttal. FYI - the only reason the unemployment number came down last month was that 300+ thousand people gave up looking. So much for recovery.

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