Bush wants balance budget by 2012

Perhaps, just perhaps, reality is seeping into that addled mass of tissue Bush calls his brain? Who knows. With this "announcement" Bush is admitting he's pushing his enormous US deficit onto his successor. This is the same thing he admitted he was doing concerning the Iraq invasion, leave it to his successors to pick up the pieces and solve the mess Bush created.

And it follows the pattern of failure in business for Bush such as Arbusto, Spectrum 7 Energy Corp, and Harken Energy. Not to mention Katrina, which I just did.

President Bush said Wednesday he'll submit a proposal to balance the budget in five years and exhorted Congress to "end the dead of night process" of quietly tucking expensive pet projects into spending bills.

The president's spokesman, meanwhile, said Bush would talk in his Jan. 23 State of the Union address about making spending on the Iraq war "as transparent as possible."

Lawmakers and the independent, bipartisan Iraq Study Group have criticized the Bush administration for funding the war through emergency supplemental bills, instead of including the costs in the administration's yearly formal budget request for running the government. That means the full cost of the war is not included in the administration's deficit calculations, and are not subject to overall spending caps.

Congress is expected to get another such emergency request soon. The Pentagon says it needs $100 billion more to fund the wars in Iraq and Afghanistan through the end of September, adding to the $350 billion the Iraq war alone has so far cost the nation.

These actions, actually just words and inactions, say one of two things. He thinks a Dem might be the next president and maybe even the next two presidents or he thinks the Repugs might win in '08.

So he may be admitting he has no faith in his own party to win in '08, or...

If he has any faith at all in the GOP to win in '08, he's saying he doesn't give a shit about the GOP. He has no qualms about unloading a nearly hopeless deficit nor a nearly hopeless disaster in the Gulf states on a GOP president.

(read more)