Ten Nobel Prize Winning Economists Slam Bush’s Policies, Endorse Kerry

Ten Nobel Prize Winning Economists Slam Bush’s Policies, Endorse Kerry by Lonna Gooden VanHorn

On August 25, 2004, MSNBC reported that in a letter released the previous day, ten Nobel Prize winning economists had endorsed John Kerry for president saying that Bush’s “fiscal irresponsibility threatens the long-term economic security and prosperity of our nation.” They said Bush had “embarked on a reckless and extreme course that endangers the long-term economic health of our nation.” http://www.msnbc.msn.com/id/5818277

The ten economists who signed the letter of support for Kerry are: George Akerlof and Daniel McFadden of the University of California at Berkeley, Kenneth Arrow and William Sharpe of Stanford University, Daniel Kahneman of Princeton University, Lawrence Klein of the University of Pennsylvania, Douglass North of Washington University, Paul Samuelson and Robert Solow of MIT and Joseph Stiglitz of Columbia University.

In an earlier interview while in Berlin , Akerlof called the Bush administration the worst in American history.

"I think this is the worst government the US has ever had in its more than 200 years of history. It has engaged in extraordinarily irresponsible policies not only in foreign policy and economics but also in social and environmental policy…"

The government is taking in less money than it did in the 50’s yet Bush intends to make his tax cuts for the rich permanent and to “privatize” Social Security. Good luck to the wounded veterans coming home from Iraq . Bush already tried to cut their pay and benefits in 2003, although Congress thwarted that attempt, but if he is elected, he will try again. With slashed revenue something has to give, and as long as Cheney is vice-president, it will not be money for Halliburton.

27 diplomats and military leaders who served under Reagan and Bush, Sr. came out against Bush, a move that is unprecedented. 10 Generals came out against Bush.

Bill Barnes now says he is “ashamed” that he pulled strings to get W. into the TANG unit he went AWOL from, exposing yet another lie by Mr. Bush who said he received no “preferential” treatment.

Did the “liberal” media focus on any of this. No. The media spent 3 weeks showcasing proven partisan liars. As Karl Rove intended they should.

Americans have come to accept gossip as news. It took a Canadian journalist to say ‘with so many important issues to discuss, why is the American media focusing on speculation as to what happened on a Vietnamese river 35 years ago? But, if they are going to focus on anyone’s military service, shouldn’t they be examining the service of their commander-in-chief who not only did not go to Vietnam but went AWOL?’ http://www.commondreams.org/views04/0831-13.htm

Veterans have said, and rightly, that it is unfair to judge others' combat experiences. But, since the media did not adhere to that rule for Kerry, who, according to nearly everyone who served with him was an exemplary officer, it would have been only fair if they had mentioned, in passing, that another presidential candidate, a flyer, had been second guessed by other flyers when he managed to bail out of his plane, but his two crew members were left to die. The name of that flyer was George H.W. Bush, but that story was not given three weeks (or any weeks) of airtime by the media. The story can be read at: http://www.usvetdsp.com/story46.htm

Bio: Lonna Gooden VanHorn was born and raised on a small farm in Minnesota . The mother of six and a grandmother, she began writing during the run up to war out of her frustration over what she perceived as the media’s failure to provide the American people with the information they needed to make an informed decision.

Lonna now lives in New Mexico with her husband, a veteran who spent 18 months in Vietnam .