JBC re: ["I guess this i a political thread now, no longer an investment thread."]
MeThinks thou dost protest too much...as 99% of your posts on SI are purely political in nature -- are they not?
Member 3188526
Truth be told... what really bothers you -- is the position being taken by many posters (who were FORMER Bush supporters) relative their questions and concerns over the Bush administration and how power, money and politics influence not just our government and geopolitics; but also the economy and the financial markets.
Given that this President.... literally, the first in American history that has NEVER used a veto....he, who was elected on the fundamental Republican precept of a smaller government, fiscal responsibility and less spending....has in actuality -- broken that promise with both the Republican Party and the American People and indebted this nation, debased our currency and mortgaged our childrens future to a degree that exceed what the preceeding 42 US Presidents had done over the last 211 years !!!
Bush in just his first 4 years, has added over $1.05 TRILLION DOLLARS of debt....doubling the $1.01 Trillion that took the prior 42 US Presidents 211 years to do !?!?!
...and there is NO END in sight!
The purchasing power of the US Dollar fell by nearly 1/3rd under George W. Bush !
YOUR purchasing power....fell by 35% under this President.
...but worry not ! ...because there's NO INFLATION !?!?!?
America's debt and deficits have reached such perilous levels that the USA is now being virtually blackmailed by our foreign creditors in return for buying our debt and keeping the US Dollar from going into a freefall death-spiral.
No country in the history of the world has EVER turned the depreciation of their currency -- into economic prosperity... none... not ever.
Americans were seduced by this Bush Administration via a debt and credit orgy unlike any in recent history.
They allowed America's future to be mortgaged away in return for the illusion of wealth via a "feel-good" Housing Bubble, "0% Financing" on their SUV's and Luxury Cars and Tax cuts for the investor class.
Well guess what ?
...there ain't no FREE LUNCH.
When, not if... YOU and YOUR children and perhaps YOUR childrens - children....will be forced to pay the tab of George W. Bush...and his legacy of DEATH, DEBT and the DESTRUCTION of personal Liberty.
$800 Billion in Iraq ...guaranteeing US Energy dependancy versus $200 Billion to bring the Oil & Tar sands of Canada to production and delivery -- guaranteeing North America -- 100+ year of Energy INDEPENDANCE?
One Trillion Dollars of new, additional debt... while thousands of FEMA trailers sit rotting in the mud in Hope, Arkansas... a non-existant War on Terrorism -- as our borders remain open to Drugs and Illegal Aliens...jobs becoming America's #1 export...and Tax Cuts for the Rich & the pockets of globalists who are willing to not just mortgage America's future, but perhaps bankrupt it as well... in return for lining their pockets with more, more, more...
That's the legacy of this President...who clearly has never been anything more than a frontman, lackey stooge for his Papa, the Carlyle Group , Big Oil and the Military Industrial Complex that Eisenhower so presciently warned us about.
Greenspan got his "legacy" exit... after saving Wall Street & Globalist Investment Banks by bailing them out of the bursting of one bubble -- by creating yet another...all the while the pockets of Big Oil & the Saudi Royal Family... Papa Bush & the Carlyle Group...Goldman Sachs & Globalist Investment Bankers, get filled with Hundreds of Billions of Dollars of windfall profits....a.k.a.
The Biggest Theft and Transfer Of Wealth in World History
All thanks to the most non-republican principled Republican President in history...#43 -- George W. Bush.
...and then there's the greatest anti-republican sin of all sins:
The incredible encroachment of personal liberty and infringements upon the Bill of Rights and the US Constitution in history -- by this President, under the guise of fighting a non-existant War on Terrorism.
Given all of that... just how can the politics of George W. Bush possibly be separated from any sane discussion of the financial markets ?
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