“And the surest path to that growth is free markets and free people. (Applause.)”
-from the official White House text of a speech by President George W. Bush.
President George W. Bush reassured a Wall Street audience and the world of his commitment to free enterprise today, after his administration took over, nationalized and forced equity stakes in dozens of businesses, requiring the largest single emergency spending bill in U.S. history. Or did we just dream all this?
The President is obviously getting nervous about his legacy, which, given his standing with the American people, is understandable. Still, that slight smile on his face while he was giving his talk tended to remind us of the fox, who, having eaten the entire hen house, tries to ease the farmer’s angst by claiming that he’s really a vegetarian at heart.
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I’ve been a big supporter of bush until lately.
I honestly don’t think he realizes what his administration as well as the administrations of the previous 40 years have done to America’s economy.
They believe in a global economy and I’m currently in the process of trying to write a lengthy article about why this won’t work for the next couple of generations, perhaps far into the future, but not now and as you can tell by all of the bailouts, the affects of pursuing this global economy are wiping out the majority of the democratic countries, because a good many of them followed our lead.
This massive shift of capital from democratic countries to countries that do not support our way of life has virtually bankrupt all of our countries and has to stop.
The following is an comment I posted on boston.com this morning and it pretty well sums up what is happening to America and to our friends and allies.
One thing that I don’t believe people are considering.
The American consumer has no more money to give, nor borrow because their job has been, or they are worried that their job will be offshored.
How a country as great as America can offshore the consumers job that accounts for 70% of the purchases here in America is beyond me and it can only be attributed to greed.
Help me to idenitfy and add these corporate and political leaders so that I can add them to the “Wall of Shame” that I maintain at http://www.KeepAmericaAtWork.com because they are directly responsible for the lack of sales in your community, county, state and country and this same principle applies to the other democratic countries that are suffering from this same greed.
Help me to stop the offshoring of our work because it is killing our country and this madness must stop.
Virgil
http://www.KeepAmericaAtWork.com