





As all the pollsters are telling us, there's an inverse relationship between rising gasoline prices and President Bush's falling approval ratings - most especially his approval rating on the economy. Of course, these polls describe a certain national angst over energy that harkens back to the dreadful 1970s. But there's a better reality out there: Namely, the upturn in gas prices simply is not stopping the economy the way it did three decades ago.
Today's economy may be the greatest story never told. It's an American boom, spurred by lower tax rates, huge profits, big productivity, plentiful jobs, and an ongoing free-market capitalist resiliency. It's also a global boom, marked by a spread of free- market capitalism like we've never seen before.

I’m angry about the shredding of the constitution…illegal wiretaps…falsified intelligence…secret prisons… use of torture as an accepted means of interrogation…Terry Schiavo…the war on science…denial of Global Warming…the fascistic secrecy of our elected officials… presidential signings that declare the President above the law…the breakdown of the wall between church and state…the outing of a clandestine CIA agent for purely partisan political gain…the corrupting influence of K Street… the total sell-out of the legislative process to corporate interests… appointments of unqualified cronies at every level of government…Harriet Miers…Brownie…Abu Ghraib… Scooter …the complete mismanagement of the war in Iraq…the lies about the complete mismanagement of the war in Iraq…the grotesque budget deficits… the pathetic response to Katrina… a civil rights division dedicated to undermining civil rights…an environmental protection agency that refuses to protect the environment… (Take a breath, Angry Liberal Guy.)
And I’m angry about a smug, simple-minded, incompetent, unqualified President, and a press that denies the obvious fact that we have a smug, simple-minded, incompetent unqualified President.
If these things don’t make you angry, I have to ask -- what the hell is the matter with you?


Telecommunications are facing lawsuits seeking billions of dollars in damages for the decision to turn over calling records to the government, the New York Times reported Saturday.
A federal lawsuit was filed in Manhattan yesterday seeking as much as $50 billion in civil damages against Verizon on behalf of its subscribers.
Under telecommunications law, the phone companies are at risk for at least $1,000 per person whose records they disclosed without a court order, according to Orin Kerr, a former federal prosecutor and assistant professor at George Washington University.



WASHINGTON, May 11 — The Senate voted 54 to 44 on Thursday to pass almost $70 billion in tax cuts, mostly for the nation's wealthiest taxpayers. The action ensures that virtually all of President Bush's tax cuts will be locked in place until after the next presidential election.
The measure, which the House passed Wednesday, would extend Mr. Bush's tax cuts on stock dividends and capital gains by two years, until 2010, and shield about 15 million taxpayers for one year from an increase in the alternative minimum tax.
The vote, largely along party lines, was a significant victory for Mr. Bush and beleaguered Republican leaders, who had viewed the tax cuts on stock market profits as a defining party issue and had credited them with jump-starting economic growth and reducing unemployment over the last three years.

If President Bush is trying to make the world into one big enemy of the U.S., he is sure doing a good job!President Vladimir Putin took a swipe at the hungry "wolf" of America today in a strident state-of-the-nation address in which he said that post-Soviet Russia should build up its economic and military might.
... His comments betray increased anger over what Kremlin leaders see as Western attempts to influence the affairs of Russia and its relationships with its former neighbours Soviet neighbours, such as Ukraine or Belarus.
"We must always be ready to counter any attempts to pressure Russia in order to strengthen others' positions at our expense," Mr Putin said. "The stronger our military is, the less temptation there will be to exert such pressure on us."
Mr Putin pointed out that Russia's military budget is 25 times less than that of the United States. "Their house is their fortress - good for them," he said. "But that means that we also must make our house strong and reliable."


