Archive for March 18, 2008


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On March 14th, Bush chose to describe government policy during a speech at the Economic Club of New York like this;

“You know, I guess the best way to describe government policy is like a person trying to drive a car in a rough patch,” he said. “If you ever get stuck in a situation like that, you know full well it’s important not to over-correct, because when you over-correct you end up in the ditch”.

Where is drivers ed when we need it?  Over the past few weeks, as our economy has taken a historic  nose-dive,  Bush has appeared completely out of touch (even more than usual) with the U.S. economic nightmare his “in the ditch” policies have created.  Bush even conceded at a recent press conference that he was not aware gas prices were approaching $4.00 a gallon.  Some of his comments and actions have been so bizarre that for me the only explanation was  that Bush was riding the wild turkey again. That certainly would explain his “ditch” mentality now wouldn’t it? Whatever the reason behind Bush’s recent delusions he can’t “ditch” the realities of his legacy.

Maureen Dowd in the piece below says it best; Dude, you’re already in the ditch!   

Bush’s Carefree Crash-and-Burn Presidency

By Maureen Dowd – The New York Times

Everyone here is flummoxed about why the president is in such a fine mood.

The dollar’s crumpling, the recession’s thundering, the Dow’s bungee-jumping and the world’s disapproving, yet George Bush has turned into Gene Kelly, tap dancing and singing in a one-man review called “The Most Happy Fella.”

“I’m coming to you as an optimistic fellow,” he told the Economic Club of New York on Friday. His manner — chortling and joshing — was in odd juxtaposition to the Fed’s bailing out the imploding Bear Stearns and his own acknowledgment that “our economy obviously is going through a tough time,” that gas prices are spiking, and that folks “are concerned about making their bills.”

He began by laughingly calling the latest news on the economic meltdown “a interesting moment” and ended by saying that “our energy policy has not been very wise” and that there was “no quick fix” on gasp-inducing gas prices.

“You know, I guess the best way to describe government policy is like a person trying to drive a car in a rough patch,” he said. “If you ever get stuck in a situation like that, you know full well it’s important not to overcorrect, because when you overcorrect you end up in the ditch.”

Dude, you’re already in the ditch.

Boy George crashed the family station wagon into the globe and now the global economy. Yet the more terrified Americans get, the more bizarrely carefree he seems. The former oilman reacted with cocky ignorance a couple of weeks ago when a reporter informed him that gas was barreling toward $4 a gallon.

In on-the-record sessions with reporters — and more candid off-the-record ones — he has seemed goofily happy in recent weeks, prickly no more but strangely liberated and ebullient.

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 You can’t drive down Central Ave. toward I-85  these days without noticing the hussle of construction taking place, along with the now familiar Frierson sign. As some of you may remember at the January, Butner Town Council meeting Mayor Lane saying “it’s some kind of distribution facility”, when asked about what would eventual be housed on the site.

“Some kind of” indeed. The distribution center will be called Falls Lake II, it is the first in a series of development planned for the Falls Lake Commerce Center and it will eventually contain 4 million square feet of industrial space and 50 acres will be reserved for stores and restaurants.

The center sounds like an asset to the economic base locally, and if the complex turns out as reported Butner has something to look forward to.

Consider this from Jack Hagel  a staff writer from the N&O

“Falls Lake Commerce Center in Butner.

Nashville developers John Nelley and Al Buckley are building the 300-acre, master-planned business campus. They’re figuring on at least 4 million square feet of industrial and retail development once it’s complete.

“We’re going to establish a new industrial submarket,” explains Chris Norvell, a Colliers Pinkard broker who is representing the developers.

Construction on the first property, a 150,800-square foot distribution center called Falls Lake II, is to wrap up in September.

Meanwhile, land is being graded for two more speculative buildings totaling 190,000 square feet.

It’s an important evolution in the Triangle’s industrial property market.

A recent building boom has eaten up available land, jacking up values in the heart of the Triangle — Durham, Orange and Wake counties. That has made it more difficult for warehouse developers to build anew and offer competitive rates.

That has pushed development to the margins of those counties and beyond”.

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