Evidently, the best cure around is billions of dollars worth of debt-financed pork.
From today's New York Times, describing the miracle in which Bush actually left his ranch to go to Illinois for a public signing of the supposedly $286.4 trillion (but actually higher than that) transportation bill:
"The transportation bill includes money for thousands of projects across the country. To put it another way, it has something for every state and just about every Congressional district, as reflected in the votes that enacted it in late July: 412 to 8 in the House and 91 to 4 in the Senate.
"Critics of the bill have complained that it is wasteful. But the president, who flew to Illinois from his ranch in Crawford, Tex., rejected that view. 'It accomplishes goals in a fiscally responsible way,' he said.
"Mr. Bush heaped praise on Speaker J. Dennis Hastert, whose district includes Montgomery and who introduced the president today. Mr. Bush also had warm words for other Republicans who helped to fashion the bill and who accompanied him today: Senator James M. Inhofe of Oklahoma and Representatives Bill Thomas of California, chairman of the House Ways and Means Committee, and Tom Petri of Wisconsin, who is on the House Transportation and Infrastructure Committee.
"But in a striking example of friendliness across the political divide, Mr. Bush said he was proud to be with Gov. Rod R. Blagojevich, Senators Richard J. Durbin and Barack Obama of Illinois, and Representative Rahm Emanuel of the Chicago area - Democrats all."
This is followed by several more paragraphs of nauseating bipartisan encomiums.
Wednesday, August 10, 2005
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All statements made are our express opinion only and should be treated as such.
We may own, take position and sell any securities mentioned at any time. Any statements that express or involve discussions with respect
to predictions, goals, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are
not statements of historical fact and may be "forward, looking
statements." forward, looking statements are based on expectations, estimates
and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results
or events to differ materially from those presently anticipated. This newsletter was paid $3,000 from third party (IR Marketing).
Forward, looking statements in this action may be identified through the use of words such as: "projects", "foresee", "expects". in compliance with Section 17. {b), we disclose the holding of EGTY shares prior to the publication of this report. Be aware of an inherent conflict of interest resulting from such holdings due to our intent to profit from the liquidation of these shares. Shares may be sold at any time, even after positive statements have been made regarding the above company. Since we own shares, there is an inherent conflict of interest in our statements and opinions. Readers of this publication are cautioned not to place undue reliance on forward, looking statements, which are based on certain assumptions and expectations involving various risks and uncertainties that could cause results to
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