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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: CalculatedRisk who wrote (79064)2/17/2007 12:42:46 PM
From: Tommaso  Read Replies (2) of 110194
 
OT:
Sometimes presidents simply find themselves in impossible situations not of their own making and for which they get blamed. Buchanan could do nothing against the sectionalism that had roots reaching back to the beginnings of the United States. Hoover could do nothing against the boom/bust cycle that overspeculation in conjunction with a restrictive (gold standard) currency made irresistably unstable.

Hard to believe that Harding is not on your list.

Lately I have been trying to think of good things about our current president. It's hard because he represents many kinds of things that I detest. So far all I can come up with is--

1. Adding to the strategic oil reserve is a very good idea.

2. Given the merciless satire and criticism and abuse he is subjected to, more than Nixon had to put up with, Bush remains fairly good-natured.

3. If an agreement can be reached with North Korea, that will be a very good thing.

4. Our dealings with India seem pretty good.

5. He doesn't use the kind of threatening rhetoric that even JFK was prone to use, to stir up the Russians.

The other day I thought of one more thing but then I forgot what it was.

That's about it. Everything else is bad. No other president has with such determination taken the United States into a war that had almost nothing to do with our best interests. Even Lyndon Johnson was doing what the Congress really wanted in stepping up the Vietnam War. Several presidents have had wars forced upon them or acquiesced in a public wish for a war. Others have resisted belligerent national attitudes.
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