Bush’s Last 100 Days the Ones to Watch

Jesse Jackson

Jesse Jackson

The air crackles with anticipation. Fingers are crossed. It gets hard to breathe. Hope, for so long locked in a closet, begins pounding on the door.

And throwing caution to the wind, many already are talking about Barack Obama’s first 100 days. Will he move directly to the Apollo investment agenda, providing money to refit buildings, implement the use of renewable energy and generate jobs in the drive to reduce our dependence on foreign oil? Will he put forth a comprehensive health-care plan or begin by covering all children? Will workers finally be given the right to organize once more? How will he handle mortgage relief and/or help cities burdened by poverty?

But even as our minds, against all discipline, look beyond this day to the possible victory and change, we’d better start paying attention to another 100 days — President Bush’s last months in office.

Bush and Vice President Cheney represent a failed conservative era — and they know it. As the administration moves into its last 100 days, there seems to be a flurry of activity: regulations to forestall Obama’s new era of accountability; a flood of contracts to reward friends and lock in commitments; a Wall Street bailout that is pumping money out the door.

Consider: Treasury Secretary Henry Paulson is handing out $350 billion to the banks, drawing a special circle around nine banks — including Goldman Sachs, the firm he previously headed — as clearly too big to fail. The money apparently has no conditions, even though the entire purpose was to get the banks to start lending once more to one another and to companies and individuals.

full article: www.insight-info.com

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