Daily Flog: Economy, Iraq missions accomplished, Bush finally tries Afghanistan rescue


It turns out that Hurricane Katrina — at least the Bush regime’s late reaction to it — wasn’t a once-in-a-century event.

After the administration let the economy and various wars veer out of control, the administration is wading into Wall Street to rescue bankers and thinking about rescuing homeowners. Now it’s even considering negotiating to rescue our troops from Afghanistan.

What’s next? A withdrawal from Iraq?

The Afghanistan situation is so serious that as the Wall Street Journal reports (“U.S. Mulls Talks With Taliban in Bid to Quell Afghan Unrest”):

The U.S. is actively considering talks with elements of the Taliban, the armed Islamist group that once ruled Afghanistan and sheltered al Qaeda, in a major policy shift that would have been unthinkable a few months ago.

But until late summer 2001, the Bush regime was muddling along in a generally uncontroversial way when the unthinkable (not to the regime) happened on 9/11. That tragedy unleashed the Bush regime on the world. So far, his administration has wrecked Iraq, made a bad situation in Afghanistan worse, and presided over a historic Wall Street crash that threatens the entire world economy.

That’s three exhibits right there for the new George W. Bush Presidential Libary being erected in Dallas. It would be nice if the libary put those three exhibits in the same hall, next to the Pet Goat Reading Room, which would display the August 2001 Presidential Daily Briefing with the same kind of reverence that real libraries afford the U.S. Constitution.

Bush’s job as president is almost finished; there are no more worlds to conquer us. Unless, as Mike Bloomberg has done in New York City, Bush’s handlers try to undemocratically erase term limits so he can serve a third term.

Is there a groundswell for abolishing presidential term limits? While you’re being pinned to the ground by current events, listen for one. . . .

NO PARTICULAR ORDER: ‘Hell Freezes Over: White House Drug Czar Backs Decriminalization’

Wall Street Journal: ‘Rescue Plan Faces Delays In Hiring Asset Managers’

BBC: ‘NATO’s Afghan forces “hit limit” ‘

CNN: ‘Global stocks rebound’

Wall Street Journal: ‘Crisis Deals New Blow to Japan: Country’s Top Bank in Capital Shortfall; Stocks at ’82 Levels’

New York: ‘Stimulus in Pinstripes: Why the Yankees will renounce their smart, sustainable team-building strategy and start spending like drunken lunatics again.’

Wall Street Journal: ‘Post-Enron Crackdown Comes Up Woefully Short’

“. . . Today’s financial crisis has shown what a real debacle looks like. And it has made clear that executives’ duties to public companies have, if anything, been loosened, not reinforced. What is worse, the post-Enron crackdown appears not only to have failed to stop flagrant corporate risk-taking, but to have lulled Washington to sleep.”

Reuters: ‘Skinheads held over plot to kill Obama’

Slate: ‘Countdown to the Obama Rapture: Watch as the press corps battles its performance anxiety!’ (Jack Shafer)

“. . . if Obama wins, these scribes know that they’ll be facing the toughest assignment of their careers. They’ve all oversubscribed to the notion that Obama’s candidacy is momentous, without parallel, and earth-shattering, so they can’t file garden-variety pieces about the ‘winds of change’ blowing through Washington.”


N.Y. Jewish Week: ‘New Tactics By Settlers Worrying Authorities’

Slate: ‘How Bad Are Electronic Voting Machines?’

McClatchy: ‘McCain pushed regulators for land swap, despite pledge’

N.Y. Times: ‘The Drug Czar’s Report Card: F’

Slate: ‘Middle-Aged Feminists Longing for Their Father’s Money’

N.Y. Times: ‘Rice Visits Mexico for a Meeting About Its Drug War’

Slate: ‘Registering Doubt: If we can nationalize banks, why not our election process?’

Dawn (Pakistan): ‘Barbaric killing of teenager unfolds’

“. . . was first thrown before hungry dogs and when she was mauled by them and in the jaws of death, she was riddled with bullets.”

N.Y. Daily News: ‘Ma charged in vicious mop-handle slay of 11-year-old daughter’

L.A. Times: ‘McCain was frank, garrulous and accessible — and then he wasn’t’

Guardian (U.K.): ‘The cost of the crash: $2,800,000,000,000’


Human Rights Watch: ‘Confessions of a former Guantanamo prosecutor’

McClatchy: ‘As clock ticks, U.S. letting thousands of Iraqi prisoners go’

N.Y. Times: ‘Can I Get an Arrgh?’

BuzzFlash: ‘Memo to Palin: Fruit Fly Researchers Receive Nobel Prize for Medicine for Advancing the Understanding of Birth Defects in Humans’

Slate: ‘Texts You Can Believe In: Forget robo-calls — Obama’s text messages are this campaign’s secret weapon

McClatchy: Texts You Can Believe In: Forget robo-calls — Obama’s text messages are this campaign’s secret weapon

Guardian (U.K.): ‘BP smashes forecasts as profits soar 148 percent’

“Oil giant BP has reaped the benefits of this summer’s record oil prices, smashing all forecasts with a 148 percent rise in third-quarter profits. The figures are likely to spark fresh protests from motorists and businesses that have been hit hard by higher petrol prices.”

RadioAustralia: ‘China tries to kick start housing sector’

BBC: ‘Arctic ice thickness “plummets” ‘

Wall Street Journal: ‘Some Newspapers Shed Unprofitable Readers’

Wall Street Journal: ‘Another Favorite Trade Bites the Dust’

N.Y. Times: ‘Fractures in Iraq City as Kurds and Baghdad Vie’

Scotsman: ‘Transcript of Russell Brand and Jonathan Ross’s phone calls to Andrew Sachs’


Bloomberg: ‘Volkswagen Overtakes Exxon as Most Valuable Company’

N.Y. Post: Texts You Can Believe In: Forget robo-calls — Obama’s text messages are this campaign’s secret weapon