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Senators Suggest FDR Missing Chance to Engage Germany

Ooops, my bad…. got this one wrong.  Sorry, but the mistake is understandable.

Senators Suggest Bush Administration Missing Chance To Engage Iran –

“What I think many of us are concerned about is that we stumble into active hostilities with Iran without having aggressively pursued diplomatic approaches, without the American people understanding exactly what’s taking place,” Sen. Barack Obama told John Negroponte, who is in line to become the nation’s No. 2 diplomat as Secretary of State Condoleezza Rice’s deputy.

I’m guessing Obama thought that Hitler stumbled into Poland, too. 

Meanwhile, the evidence is mounting that Iran is intent on attacking American troops, thereby declaring war on the United States.

“We will not accept Iran to use Iraq to attack the American forces,” [Iraqi Prime Minister] al-Maliki said Wednesday in an exclusive interview with CNN. 

Asked about the role of Iran in Iraq, al-Maliki said he was confident that Iranian influence was behind attacks on U.S. forces. “It exists, and I assure you it exists,” he said.

What WILL House Speaker Nancy Pelosi’s solution to the Iranian threat to US Armed Forces be?  I’m waiting…

-Bruce (GayPatriot)

Bush Recovery Still Rolling On… Again… And Again…

As Larry Kudlow points out, the “Goldilocks US Economy” just keeps growing and surprising the “experts.”

Though Mr. Bush never gets any credit for the strong economy, the reality is that economic growth continues to surprise everyone. Today’s real GDP report came in at 3.5 percent at an annual rate for the October-December period in 2006.

Consumer spending was very strong (+4.4 percent) for both durable and non-durable goods (+6.0 percent and +6.9 percent, respectively). Business capital investment spending was weak (-0.4 percent), perhaps due to energy prices, but we believe it will rebound.

Price inflation inside the report was very low around 2 percent with one major price gauge actually declining for its biggest drop in 52 years. Treasury yields inched lower in response to the data, including the 10-year TIP yield, the economy’s natural rate proxy. However, the 10-year TIP spread, the market’s inflation expectations, was unchanged and remains within the range dating back to early-2004.

For the whole year, GDP advanced 3.4 percent following 3.2 percent last year, 3.4 percent in 2004, and 3.7 percent in 2003.

The highly diverse and resilient American economy has not been derailed by a temporary housing slump, which occurred last year following many years of outsized gains. Excluding the drag from housing investment, real GDP growth in the 4th quarter was 4.8 percent and was 4.3 percent for the year.

Mr. Bush is on the right track as he follows classical supply-side economic principles. He deserves a better polling fate for this achievement. Be that as it may be, the Goldilocks economy, not too hot and not too cold, continues to defeat all the pessimists and nay-sayers out there.

Nevermind that the Bush Recovery brought us out of the double-whammy of the Clinton Recession and the 9/11 Attacks

So… are you ready for it?   Since, according to the MadLibs, this is the most inept, yet evil-brilliant President ever… we must do it… altogether now… say it in unison:


[RELATED STORY: Economy Grows at 3.5 Percent in 4th Quarter –]

PS – Five gets you ten that the CBS Evening News with Katie Couric tonight will lead with: “Despite the words of the President today, the one person we searched all day to find in our Blue State community says he can’t find a job and the economy sucks….”  

I’ll bet ya a million.

-Bruce (GayPatriot)

UPDATE (from GPW): Via Instapundit, I learn that when the President visited the floor of the New York Stock Exchange, “all the floor brokers and their assistants stopped work and started cheering and applauding.” Hmm. . . . the president on the floor of the NY Stock Exchange, only the second sitting Chief Executive in U.S. history to make such a visit and the market rallies to “another trading high.”