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Saturday, July 11, 2009

Mao Dollar


In order to pay for Bush and Cheney's illegal and immoral war, the United States borrowed trillions of dollars from the industrialized nations of the world (most notably, China). In essence, China (and the other industrialized nations) now own most of the United States' assets.

Thanks to neo-conservative policies the world's economy is in ruins; the reputation of the US has been seriously damaged all over the world (especially in Muslim nations); millions of US citizens are out of work; millions of innocent people are dead and things may still get worse before they get better. Now conservatives are complaining that President Obama hasn't "fixed the economy" yet!

I hate to say it, but it will take more than six-months to fix the mess the conservatives have created since Bush took office nearly nine years ago. To those critics of Obama, I say this: You had your chance and you were wrong. Now shut the hell up, while we try to clean up your mess.

1 comment:

  1. The Bush administration has been gone for six months. There is little point in new criticism of his policies, except to the extent that Obama has continued and expanded them.

    I realize that six months is not enough time to undo the damage caused by eight years of Bush & Cheney, but the new administration and Democratic Party dominated Congress is not even trying.

    Internationally, the Occupation of Iraq continues (though some of the troops have been re-characterized as "advisers"), and the Occupation of Afghanistan has been scaled up and expanded into neighboring countries--there is no way Obama apologists can deny that he "owns" this conflict. We are playing games w/ North Korea instead of pulling our hostages (oops, did i say hostages? i meant troops.) out of Seoul and letting the regional powers deal with North Korea. And Hillary & Obama are closely following the Bush playbook on how to start a war with Iran.

    And as far as "fixing" the economy goes, I just want them to stop before they break it irreparably. The current talk of needing a new "stimulus" plan because the last one failed so miserably is just insane. The only way government can "fix" the economy is to stop borrowing, cut spending to the point where there is a significant current-account surplus, and split that surplus between accelerating debt repayments and tax cuts.

    I've criticized every administration & Congress in my adult lifetime. Obama is no different. When one of them starts trying to move things in the right direction, I'll shut the hell up.

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