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Bush vetoes ignored by US Congress
Bombay News.Net Thursday 22nd May, 2008
President Bush's diminished status has never been so obvious, with the US Senate ignoring his vetos on important legislation.
The Senate has just added tens of billions of dollars for veterans and the unemployed to Bush’s Iraq war spending legislation.
It has also ignored a Bush veto on an important farm bill.
For the Iraq bill, the Bush administration requested $850 million for international food aid, $1.9 billion for military construction projects, and several billion dollars in various foreign aid programs.
But, Congress has added more than $10 billion to the bill for various domestic programs, including an $8.2 billion for Hurricane Katrina and other natural disasters, with $5.8 billion for levees around New Orleans and $348 million for restoration of Mississippi coastal islands.
25 Senate Republicans abandoned the White House and voted to extend jobless benefits by 13 weeks and boost the GI Bill to provide veterans enough money to pay for a four-year education at a public institution.
Congress also enacted a massive farm bill Thursday with new and bigger subsidies for farmers and more food stamps for the poor.
Once again, Congress over-rode President Bush's veto for only the second time during his seven years in office.
The money will pay for nutrition programs such as food stamps, which would see increases of around $1 billion a year.
About $40 billion is for farm subsidies and almost $30 billion would go to farmers to leave their land open for other environmental programs.
The bill will also cut a per-gallon ethanol tax credit for refiners from 51 cents to 45 cents. Email this story to a friend
Comments on this story
~galljdaj+ 05-23-08, 09:02 AM |
Bush vetoes ignored by US Congress
Its easy! to ignore the lil pundit because of Our System, and the bush(league) term will soon be over.
The 'costs' of that criminal outbreak with be with the US Citizens for 30 to 50 years though. And the World Peoples also! Non will ever be the same!
Which brings the point, Will McCain bring change, not very likely by his own statements. Will Hilary, not very much when it comes to putting the genie back in the bottle. Maybe she will be 40% better for the Citizens, but we will need to look very hard to find 'better'! Will Obama, He may be able to put two genie legs back in the bottle, and change will be noticable, but 60% will be a big challenge for an Obama Administration.
The Point being, the lil pundit initiated criminal government activity will remain! It will not be put back into the bottle! There will be no Laws reguiring Honest Legal Government, and following the Rule of Law!
Congress has already shown its desire to have the same abuses at its Command! It has already shown its desire to place the Heavy load on the future citizens, and is packaging the burdens already!
More of everything evil about Our Country is on the upswing! Saddly from inteligence to honest behavior is falling apart! Truth is a lost economy! And a bad habit in the messianic mind sets!
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Anonymous 05-23-08, 10:10 AM |
Honesty requires practice
Galljdaj do you think you are the only honest person on the planet? the only person that gets it? Honesty, is something that requires practice and what exactly do you want to be honest about? I believe that there are many good men. just very few good ideas.. Everyone knows there are problems, we just do not have the visionaries with the great ideas.
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Anonymous 05-23-08, 12:50 PM |
After reading these posts, all I keep saying to myself is, Please let them NOT be Canadians! Never mind the fact none of you can spell. You can’t even type a complete sentence properly. No wonder you voted for Bush.
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kawahchan 05-23-08, 11:35 AM |
The 2008 Presidential Hopeful Sen. JOHN McCAIN & his Academic Coalitions : If US Congress & Senate can override President Bush’s vetoed Farm Bill successfully, be sure to input more-and-more fundings for Biofuel feedstock-plants research on “Transgenic plant technology” and “Genetically-Modification technology” to grant to Texas A&M University system ~ ALL A&M campuses; because the Global Warming causing less harvests but need to use the “Genetically-modification technology” to change the feedstock-plants growing habits for preparing the worst farming caused by Global Warming weather. The “Transgenic plant technology” is to design the Vaccine component from plants such as to design a Chrysanthemum which it’s leaves are the Mulberry leaves' (components/elements) and the Prunella grass (root) to produce a Chinese herbal formula of Anti-H5N1 vaccine-plane by using “Transgenic plant technology”.
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FotoStan 05-23-08, 01:33 PM |
Oh my GOD... they are fighting once again. But, I wonder, if any of them can lend me a few bucks, so I can buy a pint of gas??
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Lane Sly 09-30-09, 03:14 AM |
Congress has already shown its desire to have the same abuses at its Command! It has already shown its desire to place the Heavy load on the future citizens, and is packaging the burdens already...Thanks...
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~galljdaj+ 05-23-08, 10:40 AM |
Few times do I flatout say...
... , 'YOU ARE WRONG', however your post and idea about Honesty requires practice, is flatout wrong.
It requires a decision that it is right, and especially for Governmental Employees, it is the law! So a decision for the concept of Rule of Law is part of the Oath taken, and the terms of employment in Our Government.
Its not an arcade game nor a sporting activity! Habitual liars, dysfunctionally rewarded psychopaths, develope habits through practice!
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~galljdaj+ 05-23-08, 02:41 PM |
Having known worked with for and over many Canadians...
... , I am surprised to find one afraid of identity! Most were very proud people, not at all fearful!
And even more surprised at the lack of reading ability 'expressed'. Every single one encountered could immediately place the structure into their reading.
Many times I use the fewer punctuations to test the skills of readers.
Its very possible Canadians are following the 'Leader' and dumbing down! Have you met President Gore? Maybe your a redgreen cousin or a 22 reject.
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~galljdaj+ 05-23-08, 03:52 PM |
One additional comment for the Canadian Critic...
... , The Canadian I knew would never have let The Stelco Theft, happen! Having audited the Stelco Quality System and Numerous Products, I am very familure with the quality of the Workers of Stelco.
Impressive as Canadian were, there seems to be a 'new breed' of spell checkers, that cannot find there own best interests!
An Article regarding the Canadian Auction:
August 28, 2007 - No. 128
Stelco Sold to the Highest Bidder — Canada Auctioned Off
Times Call Out for an Alternative
- Position of the Communist Party of Canada (Marxist-Leninist) -
August 28, 2007
Reports of last minute feverish bidding for Stelco, the sole remaining major Canadian owned steel company, is a live metaphor for the auctioning of Canada. The neo-liberal slogan “Canada is open for business” has become “Canada is for sale to the highest bidder." Coming on the heels of the Montebello Security and Prosperity Partnership annexation summit of the executive government branches of the U.S., Mexico and Canada, it comes as no surprise that U.S. Steel (USX) has bought Stelco. The economic foundation of Canada is being rapidly undermined through the current spate of foreign takeovers and the political annexation that are on the agenda.
The final bidding war among USX, a Russian steel monopoly and possibly other European steel companies was a rearguard action by the U.S. ruling elite to stop any further European or other monopoly inroads into “their” periphery of Canada and what the U.S. considers the North American steel industry.
Steel and oil are the two main material pillars of imperialist warfare and a modern socialized economy. The U.S. steel industry has been severely weakened with recession and the buyouts of ISG and other U.S. and Canadian steel companies by ArcelorMittal and other companies from abroad. U.S. steelworkers have been particularly hard hit with concessionary restructuring and the collapse of the post-WWII social contract.
The U.S. for strategic reasons appears to have said it will tolerate no more weakening of its control of the steel industry in its homeland and what it considers its periphery. The U.S. court ruling forcing ArcelorMittal to sell one of its new U.S. mills and the purchase of Stelco by USX appears to be a line in the sand.
But where does that leave Canada? Canada’s oil and natural gas industry is totally dominated by foreign mostly U.S. monopolies and now the steel industry has disappeared into foreign hands. Dofasco, Algoma, Ivaco, Ipsco, Harris, Co op Steel and now Stelco, all gone into foreign ownership and control. The two material pillars of a modern socialized economy are under foreign ownership completely alienated from Canadian say so and control. How can Canadians build a nation without even a minimal ownership stake in its basic industries and the ability to direct investments of retained earnings or keep the claims of owners of equity and debt within the Canadian economy? To belittle the automatic taking of claims out of the economy by foreign ownership is to bow down to a colonial status and the constant weakening of the economy. The claims of owners of equity capital on the entire Canadian steel industry, now as a matter of right of ownership, flow out of the economy. The loss is enormous not to speak of the claims of foreign ownership of debt.
Of course, Canadian owners of equity or debt can take their claim out of the country for personal use or investment but in the case of foreign ownership the removal of the claim from the country and economy becomes the norm, the expected result. This is a form of paying tribute to a foreign empire. The demand for tribute from the U.S. and other empires is a major way the big powers remain powerful empires dominating the world. The removal of social product out of the economy is a major element of weakness of the Canadian economy. This loss should not be filled by robbing others of their social product through Canadian foreign investment but first by restricting removal of money from Canada and its economy, and by stopping these foreign takeovers in the first place and by beginning to build a self-reliant economy controlled and owned by the actual producers. The issue is not between foreign ownership and cratering of production resulting in economic insecurity. The issue is building a self-reliant economy owned and controlled by Canadians especially in the basic industries such as oil and steel. To bring Stelco out of bankruptcy protection required only around $140-million from the three gangs of capital traders and even that was probably borrowed. For Canadian pension funds, which hold working class money, $140-million is a fraction of what they have available for investment. Those pension funds alone, not to speak of public government funds, hold enough investment accumulated-value to buy the entire Canadian steel industry and invest even more to make it grow across the country and have the claim from equity ownership flow back into those pension funds and stay within the Canadian economy. There is no excuse for this sell-out and criminal profiteering. It results solely from annexation and Canada’s entanglement within the global system of empire building. Monopoly capital dominates the country economically and politically; it sets the rules and that is the big problem.
Even without this loss of ownership the Canadian steel industry is weak compared to demand within the country, supplying less than half its needs. What happens if the U.S. economy goes into recession, which many predict? Will foreign owners panic and shut down their Canadian facilities and retreat to their own national mills and factories? Canadians would have no say under the current ownership rules. How can Canadians sustain their socialized economy without even nominal ownership of its basic industries? Make no mistake about it; where to invest retained earnings or borrowed money can make or break a facility. Just look at how Hamilton Steel has been driven into the ground because of lack of reinvestment. U.S. Steel has seventeen other blast furnaces around the world; it will not decide to invest in Hamilton Steel or Lake Erie Steel because it is attached to the community or feels it has a social responsibility towards Canadians.
Where does this sell-out of the Canadian steel and other industries leave the necessity for a self reliant economy with the people having a say and control over their economic and political affairs? Everyone knows that the monopolies hate regulation of any of their activities. Canadians are faced with dealing with foreign monopolies and the problem of their financing of political parties to do their bidding and of governments in their service. The entry of USX into Hamilton just adds to that problem. The fight to restrict monopoly right on all aspects of modern life such as pollution, investing in social programs, guaranteeing economic security and stability and specific issues such as wholesale trade and prices becomes an even greater challenge.
The sell out of Stelco and the rest of Canada’s basic industries is not something to rejoice about claiming this will bring stability and economic security. This is not a long-term social contract where steelworkers have a real say and control but just one small piece in a foreign monopoly’s business plan and an aspect of U.S. empire building. Euphoria and optimistic words today can quickly sour and turn into calls for restructuring, closures and concessions. This situation requires keeping a clear head and not forgetting the lessons gained since 1946 in defending the rights of steelworkers. Promises to invest in Hamilton Steel from a U.S. monopoly that is obsessed with its bottom line and which views Canada as a mere peripheral source of raw materials may prove hollow indeed. The most important issue for the working class is not to lose its bearings and be swept up in the spin of a mass media, which immediately and almost universally declared this sell-out a good deal with perhaps only a minor word of caution here and there. This USX is the same monopoly that recently restructured and views its workers as costs of production and considers the claims of retired workers as an onerous burden that must be shed in the name of productivity. USX already is responsible for 88,000 retired steelworkers mostly in the U.S. and that number will now grow by over 10,000 Stelco retirees. The anti social, anti worker perspective of the owners of USX has not changed with this deal and steelworkers have to keep that uppermost in their minds. Because of the current premium price for unfinished steel, many steel monopolies in North and South America have announced plans to build new mills or increase capacity at existing facilities. The steel industry could quickly find itself in a production glut with prices falling, especially for slab. As long as owners of monopoly capital control the steel industry the downturn in the business cycle will periodically return with a vengeance to haunt workers.
The battle for the legitimate claims of retired steelworkers has not been won and can never be completely won until society recognizes in its constitution and in concrete arrangements its duty to guarantee the economic security of its people throughout life. Such a guarantee requires political power on the part of the working class. The sell out of Stelco besides other things reminds workers that at present they have no political power. Their “place” is to be sold along with the company; they are “free” to say they like it or don’t like it but, at the end of the day, they should remember they are powerless to influence the outcome under the present arrangements.
Workers have already shown they will not accept this limitation on their social being. It is they who will tell themselves what to think or what to speak, not the company, the governments, the mass media or any spokespeople of alien class interests. Through the bitter experience of the Companies' Creditors Arrangement Act (CCAA) fraud, they have learned to work out for themselves that their security lies in their fight in defence of their own interests, which in turn lie in defending a self-reliant Canadian economy. This sale of Stelco to USX will make this clearer than ever.
Legalized Theft
The sale of Stelco for $38.50 per share and the assumption of most of its debts and other obligations consummate the big score engineered through the fraudulent CCAA. The three gangs of finance capitalists that seized Stelco plus the appointed U.S. CEO Rodney Mott have realized their big payoff. From $5.50 per share to $38.50 per share in a little over a year. From around $140 million in total for share equity paid by these characters to around $1.1 billion. That is a big score; that is criminal profiteering and theft of the people’s social product by a tiny rich minority. Plus, Brookfield and others have received all the interest and fees surrounding the billion dollar debt and will walk away with the principal all paid or rolled over into new debt. The entire working class in Canada is outraged by such profiteering and robbery. The demand for a public inquiry and for all ill begotten gains to be returned and the culprits to be punished will gain ground. Already, the opposition of USW Local 1005 to the CCAA fraud has made it impossible for these owners of monopoly capital to just walk away blithely from the whole CCAA fraud in a cloud of euphoria created by the mass media over this sell out deal. The working class must ensure that everyone involved in the Stelco CCAA fraud right from 2004 be brought to account.
The resistance of steelworkers from USW Local 1005 will continue to lead the way. They never gave in to the demands for concessions and clearly exposed the criminal fraudulent activities of the owners of capital and those in control of the CCAA process. From this direct experience of resistance, the active and retired steelworkers will be very vigilant and resist any reneging on promises made to honour the agreement to fully fund the four pension plans and to invest $100-million into Hamilton Steel. They are elaborating the need for an alternate solution to the Stelco-type bankruptcy frauds and to the problems and sell out of the Canadian steel and other basic industries.
An Alternative Is Necessary
Some active and retired steelworkers called for an alternate solution to the Stelco bankruptcy and to the problems and sell out of the Canadian steel industry and they continue to raise their voices for an alternative that serves the public good and not the narrow interests of a tiny rich minority. The final sell out of Stelco to foreign monopoly capital culminates the entire sell out of Canada’s steel industry. It highlights the reality that neither the Canadian working class that produces all the wealth nor the Canadian people to whom it belongs have a say or control over economic and political affairs in the country. This poisonous corrupting wheeling and dealing is done behind closed doors by an elite group of rich people and their close hirelings and governments in their service. This is the reality that workers must change, and the changing of this reality begins by workers establishing their own political power and their own ownership and control of the socialized economy. All the issues surrounding modern life, including economic security, pollution, war, human rights, working conditions and all other important matters cannot be resolved to the benefit of the people without the working class establishing its say so and control over political and economic affairs. This Stelco CCAA bankruptcy fraud should have been stopped right from the beginning but it was not because political power is not in the hands of the workers. This sell out of Canadian steel, oil, nickel, copper, aluminium, water, forests etc. etc. must be stopped. The issue of whose economy this is and who decides what is produced and how social product is distributed must be settled in the coming period. That is the problem active and retired steelworkers and other members of the working class are beginning to take up for solution.
CPC(M-L) denounces the foreign sell out of Canada’s last steel company. This is a moment to reflect on the needs of the present and future generations, and on how to meet those needs. This is a time to recall the direct experience of Local 1005 in resisting and opposing the Stelco CCAA fraud, the calls for concessions and the many times steelworkers kept their bearings and their thinking clear because they have their own working class perspective and are not thrown astray by the mass media and certain people that want to mislead them. Now once again, the working class must bring the experience from the past into the present so as to provide a guide to action which opens a path to progress.
The times are calling for the workers to provide their own nation building project in opposition to the nation wrecking of the owners of monopoly capital and their political representatives. Only the working class can organize such an alternative based on the necessity for change. It is the striving to build a bright future that will drive the workers forward to provide solutions demanded by the current developments. CPC(M-L) is confident that the Canadian working class will seriously deliberate on the future for this country called Canada.
Fight for the Dignity of Labour!
Whose Economy? Our Economy!
Who Decides? We Decide!
Stop Paying the Rich! Increase Investments in Social Programs!
Annexation No! Sovereignty Yes!
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Read The Marxist-Leninist Daily
Website: www.cpcml.ca Email: editor@cpcml.ca
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Anonymous 05-23-08, 05:17 PM |
Never mind the fact none of you can spell. You can’t even type a complete sentence properly.
Well-well! Do you believe that people who have had a good education and who ought to be able to spell, are the only ones entitled to make a comment here?
My advice to you? get off your high horse, and when you have managed to do that all by yourself, than get off the grass!
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