(Photo: President Bush gives the Nazi salute! Heil Rogers!)

Get ready for some Bush! The Prez will stomp around Rogers today, allegedly to talk about the economy in the only place left in America that will welcome him with open arms. After all, large legions of Republican storm troops still worship him here up North. It has Rep. Johnny B and Generalissimo Womack all a-twitter with excitement, but it could hose your morning commute as George W. visits a business and does other business up at the Hammons Center.

The world's most talented political reporter, Laura Kellams at the DemGaz filed a pretty good piece on the visit this weekend. Here's some of the fun...

About 300 people are to join the president at the John Q. Hammons Center in Rogers for an invitation-only address that the White House described as focusing on restraining the federal budget “to ensure continued economic prosperity.”

U. S. Rep. John Boozman said Bush will spend about four hours in Benton County, visiting a company, having lunch with a select group of “business leaders” at an as-yet undisclosed location and addressing the larger crowd at the convention center.

The congressman, a Republican from Rogers, and business promoters in Northwest Arkansas are anticipating a day spent basking in the national spotlight.

“We’ve got a great story to tell,” Boozman said.

"Continued economic prosperity?"

Wow, supply-side BS if you ask us. Perhaps some wisenheimer will ask him something about this report, and what it -- and the collapse of the mortage market -- have to do with "continued economic prosperity."

Oct. 14 (Bloomberg) -- Builders in the U.S. broke ground in September on the fewest houses in 12 years, giving the Federal Reserve reason to be more concerned about economic growth than inflation, government reports this week may show.

Housing starts fell 3.6 percent to an annual rate of 1.285 million, according to the median forecast of economists surveyed by Bloomberg News ahead of the Commerce Department's Oct. 17 report. Consumer prices rose 0.2 percent after dropping in August, Labor Department figures the same day may show.

Higher mortgage costs and stricter lending rules will further depress home sales, worsening the slump in residential construction that threatens to end the expansion. The Fed will lower interest rates again this year as the pall cast by housing outweighs the risk that inflation will accelerate, economists said.

``The next batch of housing data is likely to be extremely soft,'' said Joseph LaVorgna, chief U.S. economist at Deutsche Bank Securities in New York. ``The Fed's forward-looking approach makes it more inclined to cut rates.''

The construction report may show permits, an indicator of future building, dropped to a 1.29 million annual pace, also a 12-year low.

Regardless, we believe the Lindsey folks won't be saying much about that, or about any thing else, including the low-low-low dollar. Yep, we're in an economic wonderland. Hell, even Fred Thompson thought we had a wonderful Reagan-esque economy going for us.

Someone needs to ask Mr. Bush when he thinks the economic hangover will start now that, as the Wall Street Journal put is, "The Wal-Mart era has ended."

Again, look for us, we'll join you in the free speech zone about 2 miles away from the Embassy Suites in some sort of fenced off compound with those spy dragon-flies buzzing all around us.

VIA

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