Tag Archives: loans

Spending, Pardons and GOP 2010

I do what I want.  from motherpies flickr.

I do what I want. from motherpie's flickr.

Clinton spent his last months giving out pardons to felons and friends, but in the last few months of the Bush Administration, executive branchers spent trillions and trillions of dollars setting up shady loan deals with the people that ruined the US economy.  The real upshot from these deals will be hemming in the incoming administration financially with a near criminal excess of unaccounted-for and unauthorized loan programs.

At this point, the Bush folks see the writing on the wall and want to do their best to restrain the new government by running up deficits then demanding budget ballancing in the next Congress.  The military plays the same game with the defense budget, bloating requests for new spending to require cuts and then pigeonhole Obama as someone weak on defense.  With Bush functionally out of office, and all eyes on the incoming administration, no doubt these problems will look like an Obama problem, which will be the first step to a planned GOP resurgence in 2010.