The Political Junkies

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Tumble Weed (Bush) Watch 

archived: 20 - 26 Apr, 2008         Back                 Next

UPDATED:  APR 24, 2008

                        FILIBUSTER REPUBLICANS  

Turning the filibuster into an art form, Senate Republicans block consideration of legislation of legislation to make enforcement of pay discrimination more effective: 

Senate Republicans blocked a bill Wednesday that would make it easier for people to sue over pay discrimination, an effort to roll back a 2007 Supreme Court ruling that limited such cases. 

The Supreme Court ruled unequal pay claims must be filed within 180 days of the first discriminatory paycheck. 

 Republicans complained that the bill would produce a flood of lawsuits and criticized the chamber's Democratic leaders for putting off the vote until the party's two presidential candidates, Sens. Hillary Clinton and Barack Obama, returned from the campaign trail. . . .  

Though several Republicans joined Democrats in voting to break the filibuster, the 56-42 vote was four short of the needed 60.

The Republican filibuster operates largely to make it more difficult for women to ensure equity in pay. 

Perhaps Senate Republicans forgot that the Federation of Republican Women touts equal pay for equal work:

The Republican Party pioneered the right of women to vote and was consistent in its support throughout the long campaign for acceptance. It was the first major party to advocate equal rights for women and the principle of equal pay for equal work

Simple question for Americans, “had enough?”

                        MISSISSIPPI?

A special Congressional election was held in Mississippi last night – largely forgotten in the news of the Democratic Presidential primary.  The Mississippi 1st Congressional District is, as one would expect, be a Republican performing District by +10 points.

Yet, in a crowded field, Democrat Travis Childers received 49% of the vote while the principal Republican candidate received 48%.  National Republicans spent twice the money in the District than national Democrats.

It was a District that Republicans should have won.  Is this race the Republican canary in the coal mine of what is to come in November?

A runoff will be held on May 13th.  It is going to be fascinating.

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UPDATED:  APR 20, 2008

                        HIGHER & HIGHER 

Americans are consuming less gasoline, but the price at the pump continues to rise.  One of the factors is the continuing devaluation (emphasis added) of the US Dollar: 

Crude futures made their first foray past $115 Wednesday, propelled to a new record by concerns about how much gas will be available during the peak summer months. . . .  

Oil prices were also boosted by the falling dollar, which declined to a new low against the euro on Wednesday. Many investors buy commodities such as oil as a hedge against inflation and a falling greenback. A weaker dollar also makes oil cheaper to investors overseas. 

But the market was torn and traded sharply lower at times due to data deeper in the report showing that the country's appetite for increasingly expensive gas is declining. . . .  

Gas demand has fallen an average of 1 percent each of the last four weeks compared to the same period last year. "Demand should be rising this time of year."  . . .  

"We're seeing a major slowdown in U.S. demand growth," Flynn said. 

Still, analysts expect gas prices to rise higher before they fall. Many see retail prices peaking around $3.65 a gallon next month. The Energy Department, in a recent forecast, said prices could average as high as $3.60 a gallon this summer on a monthly basis, but could spike to $4 on a national average basis at times.

The rising price of gasoline reflects the inflationary spiral that is underway even as America is experiencing a recession.  In periods of inflation, the Federal Reserve would normally increase interest rates to “cool” (reduce) spending; bringing down prices.  The Federal Reserve has chosen instead to lower interest rates to keep business activity up – fighting the recession.  The effect is to devalue the US Dollar, making prices rise even higher.   

It is stagflation; compliments of Republican economic policy.  

                        LES MISÉRABLES  

Republican economics triggered a recession the US, but it is also affecting economies around the world.  Some months ago Bush hailed the strength of the American economy because of its effect on the world.   

Bush was correct; much to the chagrin of the rest of the world.  While most Americans will tighten their economic “belts” and more Americans will slip into poverty, populations of many nations living near poverty will first feel the effects of American economic policy most: 

Hunger bashed in the front gate of Haiti's presidential palace. Hunger poured onto the streets, burning tires and taking on soldiers and police. Hunger sent the country's prime minister packing. 

Haiti's hunger, that burn in the belly that so many here feel, has become fiercer than ever in recent days as global food prices spiral out of reach, spiking as much as 45 percent since the end of 2006 and turning Haitian staples such as beans, corn and rice into closely guarded treasures. 

Saint Louis Meriska's children ate two spoonfuls of rice apiece as their only meal two days ago and then went without any food the following day. His eyes downcast, his own stomach empty, the unemployed father said forlornly, "They look at me and say, 'Papa, I'm hungry,' and I have to look away. It's humiliating and it makes you angry." 

That anger is palpable across the globe. The food crisis not only is being felt among the poor, but also is eroding the gains of the working and middle classes, sowing volatile levels of discontent and putting new pressures on fragile governments. 

In Cairo, the military is being put to work baking bread as rising food prices threaten to become the spark that ignites wider anger at a repressive government. In Burkina Faso and other parts of sub-Saharan Africa, food riots are breaking out like never before. And in reasonably prosperous Malaysia, the ruling coalition was nearly ousted by disgruntled voters who cited food and fuel hikes as their primary concerns. 

"It's the worst crisis of its kind in more than 30 years," said Jeffrey Sachs, the economist and special adviser to the United Nations secretary general, Ban Ki Moon. "It's a big deal, and it's obviously threatening a lot of governments. There are a number of governments on the ropes and I think there's more political fallout to come." 

Indeed, as it roils developing nations, the spike in commodity prices - the biggest since the administration of Richard Nixon - has pitted the globe's poorer south against the relatively wealthy north, adding to demands for reform of rich nations' farm and environmental policies. 

But experts say there are few quick fixes to a crisis tied to so many factors, such as strong demand for food from emerging economies like China's; rising oil prices; and the diversion of food resources to make biofuels.

The growing anger across the world will have profound adverse consequences for America’s prestige – compliments of Republican economic policy.

Simple question for Americans; “had enough?”  

NEXT - THEM DEMS

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Last Update: 04/27/2008