Comments on: A prophetic President Bush http://blogs.reuters.com/reihan-salam/2013/04/26/a-prophetic-president-bush/ Wed, 30 Jul 2014 19:10:25 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: euroyank http://blogs.reuters.com/reihan-salam/2013/04/26/a-prophetic-president-bush/#comment-483 Thu, 16 May 2013 06:37:52 +0000 http://blogs.reuters.com/reihan-salam/?p=204#comment-483 Had Bush been a one term president, the damage would have been minimal, but the fact that Americans re-elected this dangerous idiot to office proved that America is a country with a simple minded population that worships war & money.

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By: DavidLloydJones http://blogs.reuters.com/reihan-salam/2013/04/26/a-prophetic-president-bush/#comment-476 Wed, 08 May 2013 10:29:43 +0000 http://blogs.reuters.com/reihan-salam/?p=204#comment-476 The problem with the Vitter-Brown notion of shoring banks up by adding to their capital is that it assumes that “bank capital” is some sort of solid “thing” that other “things” can rest on.

The fact is that capital is simply a bookkeeping entry, and what it might represent varies wildly from time to time, from one institution to another, and so forth. Whether it does in any sense “represent” what it is supposed to is equally variable, relying as it does upon the trustworthiness of bankers, or the reliability of regulators, two perhaps uncertain foundations.

A fairly common way of arranging financial capital is for a number of “partners” to write IOUs to each other, and put these in a safe place. Auditors will then from time to time ascertain that the paper is in the right place, and government agencies will from time to time consult other pieces of paper written by these auditors. More than “fairly common,” this is in essence the way all financial capital works, and many and wondrous are the forms the IOUs take and the skeins the auditors weave.

Banks stay up the same way bicycles do. Their passsengers have to make continuous small adjustments as they continually threaten to fall over. One can hold a bicycle firmly in place with a lock and a stanchion, but then it doesn’t do anything useful.

Banks, like bicycles, will stay up if they are driven skilfully on well-maintained roads. In recent years both competent drivers and maintainers of the roads have been lacking.

Why are these Vitter and Brown people allowed to go around talking in such a silly way?

-dlj.

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By: rikfre http://blogs.reuters.com/reihan-salam/2013/04/26/a-prophetic-president-bush/#comment-445 Fri, 03 May 2013 17:00:31 +0000 http://blogs.reuters.com/reihan-salam/?p=204#comment-445 the moneyed interest that backed GW can celebrate him all they want. the reality is that it will maybe take 30 or 40 years to undo his blunders, which the moneyed interests feasted on, much to the detriment of the common good. it seems that the presidency has become another reality show for the uninformed.

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By: ArmsMerchant http://blogs.reuters.com/reihan-salam/2013/04/26/a-prophetic-president-bush/#comment-444 Mon, 29 Apr 2013 23:34:23 +0000 http://blogs.reuters.com/reihan-salam/?p=204#comment-444 During his 8 year terms, Bush’s inability or unwillingness to articulate and defend the freedom of ordinary Americans betrayed his true intentions.

Yet another Statist intent on expanding Federal power at the expense of the freedom of ordinary Americans. He just never got that every expansion of the State is the diminishment of the citizen.

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By: Urban_Guerilla http://blogs.reuters.com/reihan-salam/2013/04/26/a-prophetic-president-bush/#comment-443 Mon, 29 Apr 2013 10:57:16 +0000 http://blogs.reuters.com/reihan-salam/?p=204#comment-443 This is a good time for such an article, reminding us that Bush campaigned as a centrist. Described himself as a compassionate Conservative.

But you really seem to miss the point. Bush didn’t ‘need’ to spend his political capital on ‘enhanced interrogation’ special rendition and enemy combatants, let alone invading Iraq. He chose to.

Small government conservatives have a right to feel peeved. All these policies increase the power of the federal government over individuals. That is where George W Bush’s instincts lay if one chooses to assess him via his actions rather than his rhetoric.

This leaves him to be judged by history against the success of those policies, along side the failure to do anything about the seeds of the financial crisis, immigration reform and the expanding gap between rich and poor domestically.

Bush had been to both Harvard AND Yale. Again it was his choice to project the image of an idiot. Ever mindful of his base voters distrust of intelligence and ‘the elite’ Geirge Bush, son of a president, gradson of a congressman, brother of a governor managed to portray himself as a man of the people versus Al Gore is testament to his political skills. But also to his dishonesty.

In the same way Bush fooled conservatives he was one of them, he fooled the electorate that he was one of them.

The only thing Mr Bush seemed to genuinely believe in was his own right to rule. As such Bush was more like a British Tory than a US republican.

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By: JBltn http://blogs.reuters.com/reihan-salam/2013/04/26/a-prophetic-president-bush/#comment-442 Mon, 29 Apr 2013 03:47:52 +0000 http://blogs.reuters.com/reihan-salam/?p=204#comment-442 The politi-speak buzz, GOP bloviaters and blogs have their knickers in a knot about his ‘presidential library’ grand opening. The GOP revisionists, including Herr Rove, are claiming that History will prove his ‘greatness’ or whatever. More of the GOP Big Lie deceit trying cover-up the evidence of the laws he broke, he crimes he & Cheney committed or authorized, he issued more secretive, Executive Orders than all other Presidents combined, he authorized Federal agency actions that violated US citizens’ Constitutional rights and protections, he deliberately used President powers to deceive, to lie and spread WMD fears and create national alarm then use citizen fears to pressure Congress into passing laws that abrogate US civil rights and give him authority to declare war against & attack Iraq. Let’s not forget, he authorized torture on Iraqi prisoners, authorized secret kidnapping of foreign nationals then threw in a Balkan country’s prison. That violated the1949 Geneva Convention Treaty rule prohibiting torture, specifically water-boarding. The US was a signatory of that treaty and the US indicted and convicted ex-Nazi army officers and civil officials for war crimes, specifically water-boarding. When his lies and Cheney’s deceits were exposed, rational Americans realized that Cheney *colluded with CEOs of the US Oil cartel could control and profit from Iraqi oil reserves;[remember those secretive meetings to develop a National Energy Plan, that he refused to release names of who attended?]. The total cost of the economic damages his dishonest, illegal acts and lies, caused to America and all citizens,[2013 dollar cost est. approx: Iraq & Afghan $7Trillion and rising, [US GIs KIA -6689, WIA -50356]. His two moronic tax cuts, favoring US corp. and richest, a 10 year revenue loss of $10B. His unofficial and probably illegal, ideology based, cut back of Federal Regulatory Agency’s financial system oversight and enforcement actions and that gave Wall St. banks and stock brokers a free ride and seven years later, the US banking system, undermined by bank fraud & greed, financial and housing market crash of 07. The est. total dollar loss, 2008 to present, est. $29 Trillion and still rising.
*Dick Cheney’s stock options in Halliburton rose from $241,498.00 in 2004,& sold all HB shares at top market value,[May 06 value $83.15], a profit of $34,851,638.000 while Halliburton continued to rake in billions of dollars from no-bid/no-audit government contracts.
I’ve noticed that Bush hasn’t left the county much; if at all. That’s too bad, now that he is retired, his daughters are grown adults, got jobs, he should travel more, visit new places, [The Netherlands], meet new, interesting people.
AND ‘Chimpo McFlightsuit’ got away with it!! No Special Prosecutor, no criminal investigation, no criminal indictments, no conviction, no restitution; no moral high ground for America to stand on, EVER AGAIN!
That’s what happens when US voters elect “the common man’, a Forest Gump approach.

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By: Feebwillis http://blogs.reuters.com/reihan-salam/2013/04/26/a-prophetic-president-bush/#comment-441 Mon, 29 Apr 2013 03:47:09 +0000 http://blogs.reuters.com/reihan-salam/?p=204#comment-441 The truth is that the Republicans are the 47 percenters.
And the Republicans are made up of people who got the economy rigged so that they have done very well over the last 5 years while the rest of the country suffered and people who are racist, xenophobic and sexist. You are not going to “modernize” such people. Ann Coulter, Limbaugh, Hannity and Beck speak for these people and they are so far gone, there is not much anyone can do but tolerate them as best as we can and keep as many out of office as possible.

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By: Mac20nine http://blogs.reuters.com/reihan-salam/2013/04/26/a-prophetic-president-bush/#comment-440 Mon, 29 Apr 2013 00:16:06 +0000 http://blogs.reuters.com/reihan-salam/?p=204#comment-440 While I loathe these type of misguided attempts to brainwash unthinking pedestrians I have to first off, strenuously disagree with ARJTurgot2. After historic and monumental obstructionism, covered in depth, how can anyone say Obama (slash his administration) “squandered” the opportunity? The real reason they didn’t go for the public option is because the dems caved to the knee-jerk Birchers, for example.

While I’m not a conspiracy lunatic, like the ever present trolls found in comments, I heartily agree
with many sentiments from UK citizens and believe W was a tool and a puppet of the right. In my own experience, while guv of Te-Xass, Bush not so famously raised a judge in the middle of the night to overrule federal inspectors attempting to shut down 1 of a dozen + industrial hamburger processing ‘turbines’at a factory, simply because it would hurt profits. Good ol boys over safe food for children.

A perfect example of what he was ‘groomed’ for. I have other examples but even the educated among the right wouldn’t listen. The pig reference fits like a glove.

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By: DOOM2U http://blogs.reuters.com/reihan-salam/2013/04/26/a-prophetic-president-bush/#comment-439 Mon, 29 Apr 2013 00:01:14 +0000 http://blogs.reuters.com/reihan-salam/?p=204#comment-439 He could have been, But he wasn’t. He was a complete failure, Starting with his choices of Reagan era cabinet members and his tax cuts without proper thought of the consequences. Maybe he intended to run the country into the ground, so giving future Republicans the ammo to slash funding and programs that they have hated from day one. Or is that giving him to much credit?? As to the Iraqi war— Totally unneeded. His attempt at privatizing SS, a huge give away to Wall Street was just TOO blatant. IN SHORT he was Awful

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By: DavidLewenz http://blogs.reuters.com/reihan-salam/2013/04/26/a-prophetic-president-bush/#comment-438 Sun, 28 Apr 2013 22:35:14 +0000 http://blogs.reuters.com/reihan-salam/?p=204#comment-438 The fact of the matter is the USA Government systems, is a freight Train that is about to collide head on with a oncoming freight train. Just run the numbers on health care with the New Bees (30 ) Million, if they can not afford insurance today, what makes anyone think they will have 30% of the policy cost to contribute? The department of Health and Human services still has not released a budget for the first year? “GO FIGURTE” 9 months until the largest government take over of business the Health Care Industry and NO ONE KNOWS WHAT IT IS GOING TO COST?

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