Reading Between The Lines
Here’s a couple of things that caught my eye today:
[all additional clarification of all kinds courtesy of the Funny Farm Editorial Staff]
Bush unveils climate strategy ahead of G8
WASHINGTON (Reuters) - pResident Drunken Cokeheaded Usurper unveiled a long-term strategy on climate change on Thursday after refusing to engage in a discussion about it with the rest of the world, with plans to try and gather the countries that emit the most greenhouse gases and set a global emissions goal after losing any credibility the current crop of clowns running america had on the world stage on the subject.
Putsch would also promise to cut tariff barriers to sharing environmental technology while actually doing nothing about it, just like everything else he’s lied about since he stole the 2000 election as part of a strategy announced as he prepared to attend a Group of Eight summit in Germany next weekly likely to be dominated by addressing global climate change, and after trying to downgrade the G8’s declaration on global warming before the summit even started.
The U.S. strategy calls for
stalling any progress on this issueconsensus on long-term goals for reducing the greenhouse gases that spur global warming, but not beforethey slink out of the White Housethe end of 2008, White House spokesweasel Dana Perino said, leaving another mess for their successors to clean up.The Deciderer plans in the fall to
con the american people into believing that he’s going toconvene the first in a series of meetings on ways to limit global emissions by a set amount bythe time he’s pining for the fjordsabout 2050. About 15 countries would be invited, including two nations that like the United States are major polluters, China and India, but, unlike the US, did not pull out of the Kyoto treaty because it was signed by a Democratic president, and they’re Republican’ts.“The United States
pretends totake this issue seriously,so stop asking us about it!” the Texas Souffle said, barely suppressing a giggle.
In negotiations before the summit, Washington rejected setting targets to reduce greenhouse gases, championed by other participants, almost as though a petulant child were running the country (cough).
The plan calls for pressuring other countries into eliminating tariff barriers on this type of technology within six months while still being subjected to american tariffs on other american products, freeing up the distribution of new environmentally friendly american technology.
The gathering of the biggest greenhouse gas countries — those that spew a combined 80 percent of the world’s emissions — should take place in the United States this fall if we can get all the graft lined up by then, the official said.
The meeting will likely include
any countries that feel the need for Being Hit On The Head lessonsthe G8 developed countries, fast-developing China and India, and Brazil, Australia, South Africa, Mexico, South Korea and Russia.Spokesweasel Perino made clear the United States would continue to reject a European push for a proposal aimed at addressing global climate change through Kyoto-style caps on carbon emissions because they can’t control the process that way.
“We do not endorse global carbon trading
when we can’t rig the game and illegally make millions off it,” Perino said.
Economy Has Worst Growth Since 2002*
WASHINGTON (AP) — The economy nearly stalled in the first quarter with growth slowing to a pace of just 0.6 percent. That was the worst three-month showing in over four years. Want to guess which three-month showings were worse in the last twelve years?
The new reading on the gross domestic product, released by the Commerce Department Thursday, showed that economic growth in the January-through-March quarter was much weaker than the propaganda from Snow Job made it out to be. Government statisticians slashed by more than half their first puffed up estimate of a 1.3 percent growth rate for the quarter. Remind me again, when has this administration had to raise these sort of estimates? Anyone? Bueller?
The main culprits for the downgrade: the bloated Republican’t trade deficit and skittish Republican’t businesses, who see the end of their gravy train, cutting investment in supplies of the goods they hold in inventories.
“We are still keeping our head above water - barely,” said economist Ken Mayland of ClearView Economics.
For nearly a year, the economy has been enduring a stretch of subpar economic growth due mostly to a lack of confidence in the current american junta, combined with disastrous (for the middle class) Republican’t fiscal policy causing a sharp housing slump. That in turn has made some businesses act more cautiously in their spending and investing.
The economy’s 0.6 percent growth rate in the opening quarter of this year marked a big loss of momentum from the 2.5 percent pace logged in the final quarter of last year.
Federal Reserve Chairman Ben Bernanke doesn’t believe the economy will slide into recession this year, nor do Bush administration officials because they’re certain that there’s no way their policies would ever cause an economic problems. But ex-Fed chief Alan Greenspan has put the odds at one in three now that he doesn’t have to lie for this administration any more.
On Wall Street, investors took the weak GDP showing in stride. The Dow Jones industrials were up 22 points and the Nasdaq gained 14 points in morning trading.
The first-quarter’s performance was the weakest since the final quarter of 2002, when the economy was recovering from a Repubilcan’t recession. At that time, GDP eked out a 0.2 percent growth rate. Economists were predicting
they’d get caught lying about the economythe first-quarter performance this year would be downgraded, but not as much as it did. They were calling for a 0.8 percent pace.GDP measures the value of all goods and services produced in the United States. It is considered the best measure of the country’s economic fitness.
In other economic news, the Labor Department reported that
more people ran out of unenjoyment eligibilityfewer people signed up for unemployment benefits last week. New filings dropped by 4,000 to 310,000. That suggests theoptimistic, non reality based redefining of theemployme


