BushHumor on September 10th, 2008
Ahhh its crazy the day has finally arrived! I’m actually leaving for South Africa on a Mission Trip today. We are going to help build a three room school house for the kids in Bukwini a small city near East London.
Trust me its not the London you’re probably thinking of. I had to actually check a globe to believe it myself, but there is actually a city in “South” Africa called “East” London they must really love their directional names in Africa
Not very often you hear of a city starting with North, East, South or West in the states. I’m sure I’m going to learn of many things that the here in the States they would or do normally do over there…
BushHumor on August 31st, 2008
Time is running out, but there is still a chance that George Bush could run the national debt over the $10 trillion mark before he leaves office.
At the start of his Presidency the national debt stood at approximately $5.7 trillion. As of today the national debt stands at approximately $9.667 trillion.
With a little more than 4 months left in his term, and with the economy in, or heading into, a recession there is till an odds on chance that he can do it. Read the rest of this entry »
BushHumor on August 29th, 2008
I have been thinking hard about what I can cherish and treasure from the Bush White House years, one simple thing I have to be thankful to Dubya for, and I have found it.
Perspective. Bush’s Iraq war has given me a sense of scale about money that’s actually relieved me of a lot of worrying and fretting.
One month of the war in Iraq is costing this country an estimated $10 billion dollars. Once you use that as a yardstick, no other expense, no other crisis seems as expensive, as intractable and terrifying as it once did. A $15 billion California budget deficit? No sweat! It’s only six weeks’ worth of war Iraq dollars! The Bear Sterns bailout — pshaw, that’s only three months in Iraq war dollars. And a possible $40 billion to bail out Fannie Mae and Freddie Mac? A mere quarterly check for the Iraq war.
And that $300 pair of shoes I’ve had my eye on but told myself I couldn’t possibly afford? In Iraq war bucks, it’s the change they don’t bother to pick up from the sidewalk.
So to paraphrase Jack Valenti’s line about Lyndon Johnson in the White House, I now sleep better knowing that virtually nothing we might do here at home would cost as much as the Iraq war is costing us already.
BushHumor on August 27th, 2008
McBush is quite a clever catch phrase but far it’s from the truth. The liberal machine is rolling forward against McCain and the Republicans in ‘08 so it’s a no-brainer to use Bush against them. The anthem for Bush in 2004 was “four more years!” The last thing that the left wants is “four more” of the Republican Party. The only problem with labeling McCain another Bush is that he is nothing like Bush. They might want to try another angle because this one is going to fall flat on it’s face.
In McCain’s effort to lean a little more towards the right the illusion of another Bush is bound to be painted. When it comes to party lines McCain is not afraid to forget where they begin and where the end. The criticism from conservatives in the Republican Party is because of McCain’s disregard for party loyalty. The result of his party meddling is that the Republican base is weary of what he might do in office. Bush is as party loyal as it gets. The fact that Bush is as conservative as McCain doesn’t exactly mean they are they same person politically.
When it comes to staple Republican issues such as abortion it’s hard to find a difference between McCain and Bush. Energy is one of the party crossing issues that McCain has taken on as his own. Global Warming is not a term you are likely to hear from most Republicans. This is one of those issues that puts McCain to the left of the pack. McCain’s willingness to compromise with the Democrats is what makes him an independent darling. Comparing McCain to Bush is convenient for those on the left but that doesn’t necessarily make it fact. Read the rest of this entry »
BushHumor on August 24th, 2008
It’s bad enough that John McCain doesn’t know how many homes he and wife Cindy own. But does he realize that he lives in subsidized housing?
The McCains, like other wealthy homeowners, can take advantage of American tax laws that provide substantial tax breaks for the rich . The McCains can take deductions on the interest from outstanding mortgages up to a total of $1 million on two homes. Because they are in the top (35%) tax bracket, they can get a tax break of as much as $25,000 a year. (This assumes a fixed-rate 30-year mortgage at a 7% interest rate). In addition, they can get deductions on their property taxes and on capital gains (up to $500,000) when they sell a home. (Since they file separate tax returns, and Cindy’s the wealthy member of the couple, it’s most likely that she gets the tax breaks).
According to recent reports, John and Cindy McCain own at least 10 houses in Arizona, California, and Virgina worth an estimated total $13.8 million. These include two beachfront condos in Coronado, California, a condo in La Jolla, California, a two-unit condominium complex in Phoenix, Arizona, three ranch houses outside of Sedona, Arizona, a high-rise condo in Arlington, Virginia, a rental loft, and a loft they bought for their daughter. Read the rest of this entry »