Friday, September 16, 2005

From the Wall Street Journal: What This "Reconstruction" Is Really About

Hullaboo (Digby) publishes an article from yesterday's Wall Street Journal that lays out why the Republicans are willing to spend so much money in the Gulf states. They get to do their pet conservative projects, and skim like crazy off that $200 billion!

Boondoggle Part Deux

(The WSJ article) Some new measures are already taking shape. In the past week, the Bush administration has suspended some union-friendly rules that require federal contractors pay prevailing wages, moved to ease tariffs on Canadian lumber, and allowed more foreign sugar imports to calm rising sugar prices. Just yesterday, it waived some affirmative-action rules for employers with federal contracts in the Gulf region.

Now, Republicans are working on legislation that would limit victims' right to sue, offer vouchers for displaced school children, lift some environment restrictions on new refineries and create tax-advantaged enterprise zones to maximize private-sector participation in recovery and reconstruction. Yesterday, the House overwhelmingly passed a bill that would offer sweeping protection against lawsuits to any person or organization that helps Katrina victims without compensation.....

Many of the ideas under consideration have been pushed by the 40-member study group, which is circulating a list of "free-market solutions," including proposals to eliminate regulatory barriers to awarding federal funds to religious groups housing hurricane victims, waiving the estate tax for deaths in the storm-affected states; and making the entire region a "flat-tax free-enterprise zone."

[Digby]....[T]here is no relationship between what the Republicans say and what they do.

The model we should look at is the Coalition Provisional Government in Iraq. That too was going to be a bold and courageous experiment in laissez-faire wet-dream governance. Instead it was the biggest boondoggle in history with more than 8.8 billion dollars officially unaccounted for and undoubtedly tens of billions more wasted on fraud and corruption. Bush's base, by which I mean corporate America, did very, very well. They will undoubtedly do well in Boondoggle Part Two as well.

I cannot believe that any liberal in the country would take George W Bush's word about anything at this point, but apparently we all haven't learned our lesson yet. I'm not sure what it will take, to tell you the truth. But for those of you who believe he has somehow capitulated to liberal ideals, I would like to introduce you to a friend of mine from an African nation whose funds have been frozen ....

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