George Bush expanded domestic spending at a faster clip than Lyndon Johnson, set up the monetary and institutional conditions for a massive economic collapse, and then explicitly told us that it was necessary for America to abandon the market system “in order to save it”.
You would think that would be enough damage for one man.
But now — just as I predicted last year — George Bush is set on going the Full Hoover. After laying waste to American capitalism, Bush is now set to discredit the idea of the competitive market, making speeches out of office just like Herbert Hoover which portray himself and his failed policies as the very poster boy of the the free market system:
Repeatedly in his hour long speech and question-and-answer session, Mr. Bush said he would not directly criticize the new president, who has moved to take over financial institutions and several large corporations. Several times, however, he took direct aim at Obama policies as he defended his own during eight years in office.
“Government does not create wealth. The major role for the government is to create an environment where people take risks to expand the job rate in the United States,” he said to huge cheers.
.. Mr. Bush returned again and again to the economy, and sought to defend his own actions after the financial meltdown in the waning days of his second term — Mr. Obama repeatedly has said he inherited that mess.
“I am told, ‘If you do not move strongly, Mr. President, you will be a president overseeing a depression that will ultimately be greater than the Great Depression,’” Mr. Bush said ..
Still, Mr. Bush was optimistic, pressing, as he did as president, free trade, open markets and the free enterprise system. “We’ll come out of this better than before,” he said to more applause.
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That’s why President Bush nationalized airport security, initiated overseas spending in two wars at an astronomical level, created gigantic bureaucracies that invade and pull apart at private property, privacy and more.
I posted that this morning on Facebook. How depressing.
How depressing. Are presidential advisers really that ignorant that they think that intervention works? Have none of them heard about what Harding did with the depression of 1921? It’s hard to believe these people are this ill-informed, but sometimes it gets old just to say that they’re evil.
And let’s not just blame Bush II. The two tax-supported major parties pushed for all this and more; and failed to reverse the disastrous Kelo decision… not to mention engaging in preemptive wars of aggression based on torture-created “confessions” of Iraq-Al Queada connections.
Imagine if Ron Paul’s Unity Platform had been government policy instead:
http://vitaminlawyerhealthfreedom.blogspot.com/2008/09/political-breakthrough-third-party.html
And this just in:
http://www.bloomberg.com/apps/news?pid=email_en&sid=a62_boqkurbI
Wonder for whom they were bag men?
The unConstitutional coup uses its mouthpieces to camouflage itself. There is one political party in the U.S. and it is controlled by the unConstitutional coup which paints a portrait of a two party system. The dual rhetoric is part of the illusion and the ego-driven interventionists that serve their overlords are essentially traitors. They assist in the usurpation of our Constitutional Republic by the unConstitutional coup.
As a nigh 49 year old right populist American who has closely followed ideologic politics since the first George Wallace presidial campaign in 1968 all I can state is that this is sickeningly predictable right down to the Herbert Hoover parallels. Consider Hoover’s abysmal & expedient performance as president & compare it to his soaring, idealistic & moralizing post-presidial writing & rhetoric, specially the 1934 book The Challenge to Liberty & the 1938 book, a compilation of transcripts of speeches & lectures, Addresses upon the American Road; the fly in the ointment in both cases is his explicit disdain, in the teeth of professed commitment & devotion to old fashioned natural law liberalism, for laisser faire capitalism which he either baldly labels or strongly likens to re-action, another emotion word–term coined by science fiction author Alfred E van Vogt–that is meant to make readers reflexively curl up like pill bugs. My pessimistic conclusion is, if America’s supposedly most conservative statesmen are such obvious whores we are in worse trouble than we can imagine. Consider too the many substantive & compelling allegations made by such disparate investigators as Myron Fagan, Kent Steffgen & the yet extant Alan Stang that Ronald Reagan was a deadly serious active communist AFTER his dramatic embrace of arch conservatism, traditional patriotism & of course anti-communism–all the way through his governorship of California & presidency. The latest Bush ex-president is the newest specimen of a contemptible series. Blame the Bank of England & Alexander Hamilton, kids. To paraphrase the warriors against terror they hate us for our rightness.
Absolutly agree 100%! I’m so glad I found an article like this. I have been thinking about writing something like this on my blog. There are so many parallels to the Great Depression and whats going on today. Especially with how George W. is basically Hoover but is misenterprited as some sort of free market poster boy. Great one.
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