bush taking a page from Kenny-Boy

Political wire asks who's Like Enron?

History Wire reviews Imposter: How George W. Bush Bankrupted America and Betrayed the Reagan Legacy by Bruce Bartlett and highlights a section comparing the Bush administration to Enron.

"Enron borrowed heavily, paid little in taxes, and made big profits in ways that were known to be contrary to sound business practices. But for a while, its system seemed to work, until its basic unsoundness caused it to collapse. I see this as a metaphor for Bush's policies because they are also based on a huge increase in debt, tax cuts, and an unsound increase in federal financial commitments at a time when such commitments should be been scaled back, rather than increased."

This is exceptionally harsh criticism when you realize Bartlett is a former Reagan White House aide who also helped formulate Bush's 2001 tax cut package.

So what dooes Congress do?  Well Bloomberg reports that after a four-month deadlock, Republicans in Congress have finally come to a tentative agreement on a $70 billion package of tax cuts. &&LINK

MORE TAX CUTS!

Bloomberg Notes that the legislation, if approved, "would hand President George W. Bush a political victory to tout before the November mid-term elections," while also helping lawmakers by ensuring "that millions of families won't be subject to a tax increase in an election year."

Yeah because taxes are bad, I mean who needs levee's or funds to help rebuild a city or things like that?