The Bush administration is off on another wild spending spree. Here are some interesting excerpts from yesterday's S.O.T.U speech, that may alienate a few Republicans:
We will choose to build our prosperity by leading the world economy or shut ourselves off from trade and opportunity. In a complex and challenging time, the road of isolationism and protectionism may seem broad and inviting yet it ends in danger and decline.
Umm.. paleo-cons and libertarians, who normally vote Republican, are an isolationist bunch when it comes to foreign policy. But Bush was not wise to mix up the two issues of trade and foreign policy. It makes perfect sense to have open trade to just about everyone (except the socialist left), but only the liberal hawks and neo-cons would support an interventionist foreign policy.
Democracies replace resentment with hope, respect the rights of their citizens and their neighbors, and join the fight against terror.
Ummm, Mr President ? I don't think Hamas received your memo. Maybe you should be talking about
liberal democracies.
The Palestinian people have voted in elections now the leaders of Hamas must recognize Israel, disarm, reject terrorism, and work for lasting peace.
Fat chance.
Saudi Arabia has taken the first steps of reform now it can offer its people a better future by pressing forward with those efforts
You've gotta be kidding me. Wonder if they still call for the destruction of America and Israel every week ? Do they still have a "no Jews" immigration policy ?
Every year of my presidency, we have reduced the growth of non-security discretionary spending and last year you passed bills that cut this spending
Yeah I wish, but you ain't a fiscal conservative. This president is one of the biggest spending presidents in history.
Keeping America competitive requires affordable energy. Here we have a serious problem: America is addicted to oil, which is often imported from unstable parts of the world. The best way to break this addiction is through technology. Since 2001, we have spent nearly 10 billion dollars to develop cleaner, cheaper, more reliable alternative energy sources and we are on the threshold of incredible advances. So tonight, I announce the Advanced Energy Initiative a 22-percent increase in clean-energy research at the Department of Energy...
Here's where the president goes off the rails into full lefty mode.... "addicted to oil" ?? Whoah there. You have a massive economy that produces a quarter of the world's output and consumes a quarter of the world's resources. What the hell is the problem if the economy chooses to meet its energy requirements from oil anyway, and why should it be referred to negatively as an addiction ?
Haven't you heard of free-markets ? To suggest that a commodity needs to be regulated is Marxist thought. Its been known for a long time, thanks to the Austrian economist
Ludwig von Mises, that prices act as signals to market players. If oil supplies become scarce, prices rise and markets balance themselves. Thanks to our free markets which trade in futures, even if oil is anticipated to become more scarce given the available information, the price of oil will rise to accomodate this. If the price of oil skyrockets, markets will work efficiently and people's will meet their energy needs using other alternative sources that are cheaper. Market's work so why interfere and ruin things ?
Breakthroughs on this and other new technologies will help us reach another great goal: to replace more than 75 percent of our oil imports from the Middle East by 2025.
Yeah good luck on that, I bet oil will still be cheaper than all alternatives for the next 100 years. Why do you think we consume so much of it now ? Because it is cheap. Why isn't it much more expensive if all these doomsayers predict we will run out of oil ? Well, because they don't put their money where their mouth is and because informed speculators disagree and aren't willing to stockpile oil today in anticipation of some hypothetical global shortage.
Tonight I announce the American Competitiveness Initiative, to encourage innovation throughout our economy, and to give our Nations children a firm grounding in math and science.
Oh great, pour MORE money into public schools. Lots of wasteful spending and bureaucracy there.
First: I propose to double the Federal commitment to the most critical basic research programs in the physical sciences over the next ten years. This funding will support the work of Americas most creative minds as they explore promising areas such as nanotechnology, supercomputing, and alternative energy sources.
What bollocks ! You think American research needs government subsidisation to succeed ? Look at all the investment done by private markets, look at how research quickly gets built into commercial products and profitable ideas by entrepeneurs in America, and yet he still thinks big government needs to play a role here.
These gains are evidence of a quiet transformation a revolution of conscience, in which a rising generation is finding that a life of personal responsibility is a life of fulfillment. Government has played a role.
WHAT A FRICKIN PARADOX. Yeah, you're all responsible individuals, because of government !
Tonight I ask you to pass legislation to prohibit the most egregious abuses of medical research human cloning in all its forms creating or implanting embryos for experiments creating human-animal hybrids and buying, selling, or patenting human embryos. Human life is a gift from our Creator and that gift should never be discarded, devalued, or put up for sale.
Now that's more like it ! That's more like the religious conservative president I know. Still, its another stupid policy.