This blog is dedicated to the political adventures and highjinks of Memphis and Shelby County. It will also coment on some state, national, and international issues as well whatever may catch my eye.

Friday, September 16, 2005

Who Wrote the President's Speech

Here is a Heritage Foundation policy paper on rebuilding New Orleans and the Gulf.
http://www.heritage.org/Research/GovernmentReform/wm835.cfm

Here are some highlights (or low lights)
"Private vision, not bureaucracy, must be the engine to rebuild. New Orleans and other ravaged cities will look different in a decade from now, even though they will retain their individual essences. The critical need now is to encourage investors and entrepreneurs to seek new opportunities within these cities. Bureaucrats cannot do that. The key is to encourage private sector creativity, such as declaring New Orleans and other severely damaged areas “Opportunity Zones” in which capital gains tax on investments is eliminated and regulations simplified or eliminated."
These have worked so well to reduce poverty in the cities they have instituted. Memphis, Newark, Detroit. Not! Paul O'Neill, former Treasury Secretary, said no businessman worth his salt bases his business plan on marginal tax rates.

Repeal or waive Clean Air Act regulations that hamper refinery construction or expansion.

Allow more drilling in the United States, including in ANWR and offshore areas along other coasts

Waive or repeal gasoline formulation requirements under the Clean Air Act and other regulations to allow gasoline markets to work more flexibly and efficiently and reduce costs.
This looks like a wish list of anti-environmental legislation. It's interesting republican wanted to do this before Katrina.

Repeal the death tax, or at the very least exempt Katrina victims from paying death taxes. After 9/11, Congress enacted legislation to increase the exempt amount for families of victims to $8.5 million and delayed their death tax liability for two years.
Let me get this shit straight. We should exempt the estate tax, which only affects a few very rich people, but nothing should be done about the draconian bankruptcy bill.
This is the same thinking which caused the manmade part of the disaster. Government can't do anything, so it should be used for cronyism and helping republican constituents, i.e. rich corporations and people, get richer at the cost of the greater good. Wake up sheeple, it class warfare and if your not rich than you are losing. If Bush was serious about rebuilding New Orleans, he wouldn't put Turd Blossom in charge of it.

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