As Always

From the New York Times…And just when you thought the politicians couldn’t be any further out of touch than they already are.

“The public derision of Republicans' idea for a $100 gasoline rebate has focused on the desperate political pandering embodied in the proposal. But there's another view that makes it seem even worse…

…With the nation already deeply in debt — and with Congress angling this week to cut taxes for affluent investors by more than $20 billion — lawmakers would need to borrow $10 billion to make the rebates happen. Since more than 80 percent of the immense borrowing of the Bush years has been from foreigners, it's safe to assume that most of the rebates would be courtesy of foreign lenders, of which China has been one of the most willing…”

It's a great article...certainly well worth reading. And it ends with, "...pathetic recipe: borrow money from the Chinese central bank, and use it to give every voter $100 to buy more gas."

And who concocted that recipe? "Doctor Bill"; Bill Frist, the expected Republican candidate for President.