Monday, November 13, 2006

Fall doesn't mean Fallen

Having a fall day, and I know in California the colors don't change. So I will wish for you something as beautiful the canopy of crepe myrtle orange I have overhead. When the sun comes through the leaves bringing beauty to you, there are no wrong days or nights. And for those who don't know yet, I am pretty ill. Getting better

And I feel guilt that anyone may be in want, as we all should. I support Nancy Pelosi. Minimum wage is a beginning.

In the meantime, we have that lame duck congress, as Diane has pointed out. And I fear more than Bolton and the NSA wiretapping - I fear the debt. My grandchildren now owe more than I did at their ages of 16, 14 and 8.

As you all probably know, the funding for the war in Iraq is not part of the official budget. Temporary spending has been provided by emergency bills. I sincerely hope that this is one of the reasons for rejecting the Republican party. If not the horrendous costs, it was at least their ignorance.

In WaPo this a.m., some attention is being paid to the emergency our nation's finances are in;

'A LAME-DUCK congressional session when both the House and Senate are about to change hands isn't, as a general matter, the right time to make important policy decisions. When it reconvenes this week, the 109th Congress should concentrate on finishing up the business of the 109th Congress -- primarily, passing the 11 remaining spending bills for the 2007 fiscal year, which started in October. The temptation for Republicans will be simply to approve a continuing resolution keeping this year's spending at 2006 levels, leaving the new majority to make the tough choices when it takes over in January. But this would be an abdication of responsibility, forcing government agencies to limp along without knowing their final budgets. It would create a logjam for the new Congress, which will simultaneously have to be staffing up, dealing with the president's 2008 budget proposal and working on an expected emergency spending bill early next year.

The spending that has gone into the war in Iraq has been for the large part pretty misdirected, the Halliburton/KBR monies amounting to wastage far beyond most of our abilities to comprehend.

Sadly, the administration seems to have the U.S. public in its sights. We are not seeing the promise of a new prospect that the public instead of its own ends will be served by this administration.

The deficit is increasing, in debt and in the public interest.

The national debt on May 22, 2006 totals $8.3 trillion. You can check the debt to the penny every day at PublicDebt.Treas.Gov/opd The debt is comprised of savings bonds, treasury bills and other bonds offered for sale by the US government at a specific interest rate established at the time the bonds were sold. Recently, these bond and bills offered interest rates ranging from 4.6% to 4.9%.

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