Guest guest Posted September 19, 2005 Report Share Posted September 19, 2005 D Monday, September 19, 2005 12:08 AM Pillaging, looting - these guys are pros Pillaging, looting - these guys are pros http://www.newsday.com/news/columnists/ny-oppay174431691sep18,0,7518509,print.co\ lumn?coll=ny-rightrail-columnist September 18, 2005 Now comes the real looting! The $200 billion that President George W. Bush has earmarked for rebuilding the Gulf of Mexico region is chum for the big-ticket, GOP contributors. It will bring in the Great White contract-seeking sharks from Maine all the way to Iraq. Compared to this impending Category 5 feeding frenzy, the hurricane looting that so transfixed media cameras was barely a summer breeze. Fox News, for example, spared no cameras in videotaping the looting. The poor of New Orleans were caught wet-handed in the muddy floodwaters of Katrina scavenging for food and drink, and yes, the criminal element were photographed floating off with pilfered weapons and appliances. It did not matter to Fox that there were no clerks handy when the displaced flood victims broke through the store doors for succor certain to be written off as insurance losses. There's no excuse, of course, for hoodlums yielding to the temptations of thievery. But then, such calamities sometimes bring out the worst instincts in the most solid of citizens. New Orleans policemen, for example, were reportedly observed removing plasma televisions from vacated stores. Such sightings recall accounts of several members of the super-impeccable New York City police and fire departments looting expensive jewelry and even jeans from lower Manhattan stores after the Sept. 11 terror attack on the World Trade Center. Such pilferage in New Orleans, as terrible as Fox News made it out to be, will pale in insignificance compared to what's in store when the Bush administration lets the contracts to the GOP contributors to rebuild the Crescent City and the gulf states. Such looting on the grand scale will likely prove too sophisticated for U.S. media analysts, who gag on a gnat and swallow an elephant. What should not be lost here is that this gargantuan expenditure of $200 billion plays squarely into the hands of the macroeconomic policymakers of the Bush administration. Stealing chapter and verse from Reagonomics, the Bush budgetmeisters insist on tax cuts for the wealthy without curtailing federal spending. In Reagan's case, as blueprinted by David Stockman, the money was lavishly spent on exotic cold-war military hardware such as the " Star Wars " Strategic Defense Initiative. The Bush administration has emptied the federal strongbox by leading the nation into a needless quagmire of a war in Iraq. President Bush's emptying of the national purse has been nothing short of breathtaking. Inheriting a national surplus of $232 billion from the Clinton administration in 2000, Bush has run up an extraordinary deficit of some $7.95 trillion. Were this debt spread equally to every man, woman and child citizen of the U.S., each of us would owe $26,797. Does this bother the president? Not in the least. Bush's plan for rebuilding the gulf states was cavalierly revealed to the American people Thursday night without actually mentioning the cost. Some of the money, Bush emphasized, will finance a Workers Recovery Account of up to $5,000 that evacuees could draw on for job training and child care. Very nice. Other funds would allow for low-income citizens to build homes through a lottery system, and for states that took in displaced residents to be reimbursed. However, the lion's share of the federal money will be used to cover " the great majority of the cost " of repairing the damaged infrastructure in the gulf region of Louisiana, Alabama and Mississippi. As the president pronounced his massive federal rebuilding plan, the cash registers could be heard ringing in the plaza of the French Quarter where Karl Rove had so meticulously posed Bush in shirtsleeves before the statue of the seventh president of the republic, Andrew Jackson. Interestingly, this macho, slave-owning major general who never attended college was famous for building a strong federal government that the current GOP decries as anathema. Still, the Bush administration is well on its way to weakening the government so dramatically that its successor will be hard- pressed to reverse the trend. This tilt toward federal bankruptcy, as with Reagan, will cripple the prospects for future social programs. For now, the Bush administration will enable the oil companies to continue their looting, the rich to retain their fabulous tax breaks, and the mega- builders, such as Halliburton, to lap up the no-bid contracts and spiral up the cost overruns. This looting will never make it onto Fox TV, or much of the rest of the media for that matter. God, what a country! Copyright 2005 Newsday Inc. Quote Link to comment Share on other sites More sharing options...
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