Keystone XL pipeline, which would carry oil from landlocked Alberta to the U.S. Gulf Coast, is a “no-brainer” that would create jobs and bolster the economy, former President George W. Bush said.
The $7.6 billion Keystone XL line would generate private- sector employment and government revenue, he said at an American Fuel & Petrochemical Manufacturers conference in San Diego. The U.S. government’s budget deficit is unsustainable and must be reduced by supporting industry, Bush said.
“The clear goal ought to be how to get the private sector to grow,” said Bush, who spoke during a luncheon at the conference. “If you say that, then an issue like the Keystone pipeline becomes an easy issue.”
President Barack Obama denied a U.S. State Department permit for the 1,661-mile (2,673-kilometer) pipeline in January because of concern that it posed risks to environmentally sensitive areas in Nebraska. Republican senators, including John Hoeven of North Dakota, vowed last week to try again to speed approval of the line after failing to round up enough Democratic support for an amendment that would have expedited the project.
The Senate failed today to adopt a separate amendment proposed by Republican Senator Pat Roberts of Kansas that would have allowed TransCanada to build the pipeline
IF OBAMA HAD A BRAIN HE WOULDN'T BE A MARXIST MORON WHO TURNED DOWN THE KEYSTONE PIPELINE AND CONTINUES TO KEEP PEOPLE OUT OF WORK THUS KEEPING THEM DEPENDENT ON FOOD STAMPS
Former President George W. Bush will be honored the weekend of Feb. 5-6 by the lay group Legatus, and awarded the prestigious Cardinal John O' Connor Pro-Life Award for all of his efforts and accomplishments in advancing the pro-life cause.
As posted by the Catholic News Agency: The prestigious Cardinal John J. O'Connor Pro-Life Award is being given in response to the former president's eight years of pro-life legislation. Legatus cites his administration's opposition to embryonic stem cell research, an executive order barring federal funds from being used for abortion related projects abroad, the appointment of two pro-life Supreme Court Justices and a rule protecting federally funded health employees from taking part in abortion or practices that conflict with their faith as policies that Bush helped enact during his presidency.
The group of Catholic business professionals also noted that one of the former president's last efforts while in office included a declaration of Jan. 18, 2009 as “National Sanctity of Human Life Day,” along with a statement that “the most basic duty of government is to protect the life of the innocent.”
The former president will be a accompanied by a host of other speakers at the event, including Cardinal Francis George, Archbishop Timothy Dolan, actress Patricia Heaton, entrepreneur Frank J. Hanna III, Fr. Robert Spitzer, Newt and Callista Gingrich, and Thomas Donahue, the president of the U.S. Chamber of Commerce.
I am so happy that Legatus chose to honor President Bush's pro-life accomplishments enacted during his presidency. President Bush truly deserves this award. I liked him as President and will always say he was/is a good and moral man that stood up for all life, all innocent life, including unborn human life.
The Silent Scream
If you want more information about The Silent Scream, you can read more about it here.
It seems as though appearances can be deceiving. In recent years, Dubai has been thought to be one of the few cities in the world that has had a thriving economy amidst the economic global crisis. But, I guess Dubai's supposedly booming economy bubble is about to burst. If Dubai defaults on its debt than it could become an International nightmare that would escalate troubles within our present economic crisis. It is more probable than not that Obama will play the blame Bush game if Dubai's financial troubles causes havoc across the globe. BO seems to be unable to take responsibility for anything. This financial crisis is not former Pres. George W. Bush's fault. The Democrats blocked his every attempt to avert the crisis before the financial meltdown occurred. The Democrats were getting kickbacks for supporting Fannie and Freddie. The Democrats did not want to accept the reality that Fannie and Freddie would hurt the economy if nothing was done because they didn't want to give up all their lucrative side deals that they had with Fannie and Freddie employees. Bush tried to stop the crisis and is now being unjustly blamed for something that in reality, wasn't and still is not his fault. And, that irks me to no end. The Democrats due to their ineptitude and being morally bankrupt are the people who need to be blamed for this financial crisis. But, then again, I don't think that Democrats are capable of accepting responsibility for their actions, or inaction.
Here is the article on the debt crisis in Dubai, and three videos explaining exactly how the financial meltdown occurred, and how the Bush administration tried to stop this financial crisis from happening, but Democrats blockaded all of his administration's attempts to stop the housing crisis at every turn.
Nov. 27 (Bloomberg) — Dubai’s debt woes may worsen to become a “major sovereign default” that roils developing nations and cuts off capital flows to emerging markets, Bank of America Corp. said.
“One cannot rule out — as a tail risk — a case where this would escalate into a major sovereign default problem, which would then resonate across global emerging markets in the same way that Argentina did in the early 2000s or Russia in the late 1990s,” Bank of America strategists Benoit Anne and Daniel Tenengauzer wrote in a report.
A default would lead to a “sudden stop of capital flows into emerging markets” and be a “major step back” in the recovery from the global financial crisis, they wrote.
Emerging-market stocks around the world have slumped for two days on concern a debt restructuring by Dubai World, with $59 billion of liabilities, will add to the $1.72 trillion of losses and writedowns from the global credit freeze. The MSCI Emerging Markets Index fell 1.9 percent to 940.30 as of 1:55 p.m. in New York, extending this week’s decline to 2.6 percent.
Dubai, which borrowed $80 billion in a four-year construction boom to transform its economy into a tourism and financial hub, suffered the world’s steepest property slump in the recession. Home prices fell 50 percent from their 2008 peak, according to Frankfurt-based Deutsche Bank AG. ‘Best-Case Scenario’
“In a best-case scenario, this will remain limited to a Dubai corporate sector problem, with either some bailout from UAE authorities or a market-friendly debt restructuring,” they wrote.
Bank of America estimates that Dubai’s debt totals $88 billion, and that its external debt equals 103 percent of gross domestic product, according to a separate report. CONTINUED
Below is a link to a comment thread that I think all conservative bloggers would be proud to read. There is a liberal blogger praising George W. Bush. Its amazing!!! The comments are really interesting to read. Its interesting to see how many people have changed their minds about George W. Bush, and would rather have him back in office rather than the disgraceful Dear Leader residing in the White House now. Lets thank Hillbuzz for a powerful and inpiring post. Hillbuzz has definitely had a change of heart. Lets encourage Hillbuzz's conversion.
