Tuesday, August 29, 2006

Softwood Republican Slush Fund


Just how deeply King Stephen's nose is up the arse of King George can be found in the missing $1 billion dollars that remains in the U.S. if the Softwood lumber deal goes through. Half of it goes to the White House as a slush fund for the upcoming election. Even the Liberals, for all their sins, never funded the Democrats with stolen Canadian money.
It should be of great interest and concern to all Democrats and to all Americans that Canada has apparently become the primary financier of Republican election campaigns in the upcoming November elections

Also See

American Exceptionalism

Softwood

Free Trade



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2 comments:

Lambert said...

Here's An analysis of the text of the agreement.

This American's conclusion:

1. The SLA sets aside $450 million for "meritorious purposes."

2. The nature of "meritorious purposes" is not specified, and is therefore up to Bush.

3. How Bush spends of the $450 million is not subject to Congressional oversight.

4. No qualifications of any kind are required for the members of the board that will implement the SLA and disburse the $450 million, so Bush can appoint anybody he wants.

5. The beneficiaries for the "meritorious purposes" are to be listed by September 1 (tomorrow).

6. The mechanics for disbursing the $450 million may already be in place, and any cash flow problems could be solved by a compliant banker, so Bush can use the money now.

So, yeah, I'd say it's a slush fund, by defintion. Bush has control of it, through a board he appoints, and there's no Congressional oversight. And he can do whatever he wants with the money, as long as he uses it for a "meritorious purpose."

Lambert said...

Here's an update on the Softwood Lumber Agreement.

The list of [heh] "meritorious initiatives" -- what the $450 million is to be spent on -- was to be "determined" today, according to the text of the agreement.

But it wasn't published -- at least nowhere that I could find.

Why not? It would be irresponsible not to speculate...