GW’s Presidency: A Re-Cap
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President Bush has been in office nearly 5 years and though he has spent nearly one full year on vacation, he has still managed mess up many aspects of our country.
For instance, under his watch the Twin Towers and the entire city of New Orleans have been destroyed. He has erased a budgetary surplus by giving the bulk of it to the super wealthy, and he has blossomed the deficit, one that we were on pace to pay off when the Supreme Court elected him president. As a result of the deficit, roughly thirty cents of every tax dollar we pay goes to our lenders, like China and Saudi Arabia. He deceived the American people to garner support for an ill-fated war with Iraq. For which he did so despite warnings from intelligence officials and Colin Powell, and it has resulted in the death of nearly 2,000 American soldiers and over 100,000 Iraqi citizens. Further, it has resulted in the injury or maiming of 10’s of thousands of American soldiers.
He has passed NCLB legislation that undermines public schools and the quality of education that our students receive. Additionally, it costs tax payers millions of dollars as our schools try to reach unattainable goals. He has pushed for tort reform to curb medical costs when his own General Office of Accountancy has said that the only way to reduce these costs is to regulate the insurance industry. He has funneled billions of tax payer dollars to Halliburton despite their repeated price gouging methods. He has pushed for the repeal of the estate tax by deceptively stating it will protect family farms. His transportation bill is a frivolous waste of taxpayer money that builds roads and bridges in areas that do not need them. His energy bill gives trillions of tax payer dollars to the oil industry primarily so they can research alternate means of energy and effectively put themselves out of business. Needless to say, since they are earning record profits I don’t suspect any energy related discoveries to occur in the near future.
During the 2004 election campaign, his main platform was homeland security, and to support his re-election bid, he manipulated the American people by moving the terror code up and down whenever his poll numbers dropped. Additionally, he sided with the chemical industry and blocked legislation that would have required them to beef up security around their plants and as a result, a terrorist attack on one of these facilities, many of which are located near large cities, will result in untold deaths. He fired the head of FEMA when he criticized the president for cutting funding to the levee system that protected New Orleans. Bush would later place someone in this position that had no emergency response experience, and as a result the American people and the world, was able to watch as thousands of Americans starved and dehydrated to death. Bush and his administration spent the next two weeks begging people not to play the blame game all while they blamed the crisis on the mayor of New Orleans and the governor of Louisiana.
Adding insult to injury, Bush has lifted federal legislation that requires workers to earn a minimum wage supposedly to speed up the re-construction process. He has NOT put a cap on the amount of profits that companies like Halliburton can receive. Evidently, paying a homeless person minimum wage is bad, but allowing Halliburton to buy a $300 hammer with tax payer’s dollars is good.
The question now becomes, “Have we had enough?”
At what point will the American voter realize that the Republican Party does not represent them, but our wealthiest citizens and corporations. Bush touts his tax cuts for having spurned the economy, but if they have, only the wealthy have reaped the benefits. Since 2000, the average American household has seen their wages drop by $1700, and the number of people living below poverty has increased as well. Further, Bush’s bankruptcy bill is about to be activated and people who have covered their loss of wages and medical benefits through credit will find themselves buried beneath their credit card company’s spiral of negative amortization.*
Kayne West recently stated that Bush doesn’t care about black people, but this isn’t entirely true. A more accurate statement is that Bush and his republican cronies do not care about poor or middle class people regardless of race or color. If nothing else, Bush’s presidency has proven that. It is unfortunate that we’ve had to pay such a high price for this realization.
*The spiral of negative amortization is a nasty little creditor trick. When someone misses a payment, their interest rate can sky rocket. As a result, people who make the minimum payment will actually fall deeper and deeper in debt.
What would you attempt if you knew you could not fail?