Comments on: Bush Prods Congress On Mortgage Giants
President Calls For Legislation To Help Prop Up Fannie Mae And Freddie Mac
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- "but it will reverse the psychology." Our dollar is worthless and economy in the tank but this will make you feel better about it. What a joke!
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- In June 2005, Richard Syron, CEO of Freddie Mac, said, "Since congress created Freddie Mac in 1970, housing has gone from being a whipping boy of the economic cycle to a pillar of the U.S. economy." In 2006, Mr. Syron''s total compensation from the company was $15,500,000. Today, YOU get to bail out his company while he jets off to an island paradise to spend his fortune.
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- The Legacy of a Lunatic
Posted by Nance Greggs
As our nation readies itself to celebrate the end of the Bush presidency, discussion of his legacy fills the airwaves. The usual suspects %u2013 the pro-Bush pundits, the PNACers, the air-headed teleprompter readers passed off as journalists %u2013 now gather together on the political talk shows, ready and more than willing to tackle the formidable task of rewriting history.
Bush%u2019s legacy, according to those still reluctant to embrace reality, will be a presidency replete with incredible foresight and heroism, all recognized by the historians who, at some later date yet to be announced, will at last recognize the extraordinary vision of one George W. Bush in the fullness of time.
However, what the dead-ender cheerleaders fail to take into account is that Bush%u2019s legacy, like that of all presidents, will be based on the facts and not the quickly cobbled-together fictions spun by his still adoring fans.
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Perhaps the most glaring reality of Bush%u2019s presidency will be the fact that it was never a true presidency at all. The result of selection rather than election, it was marked not by sound strategy, but by stagecraft; not by purposeful action, but an endless array of photo-ops meant to capture merely an image of leadership in a constant attempt to obscure the truth that no such leadership ever existed.
While the smoke-and-mirrors experts continue to proffer their own creation %u2013 the man with the bullhorn in the wreckage of the Twin Towers, the man landing on an aircraft carrier declaring that the mission had been accomplished, the man sharing Thanksgiving dinner with his troops %u2013 the reality lurking behind the curtain is less than heroic or honorable: a lackadaisical fool reading a children%u2019s book in the midst of mayhem, a smirking coward parading around in a flight-suit, a mindless, uncaring clown offering a plastic turkey to the men and women he was about to send to their deaths.
From the beginning, Bush surrounded himself with incompetent cronies, yes-men, and sycophants with a lust for influence, and handed out positions of power to people whose blind loyalty was the only measure of their suitability. Qualities like honesty and strength of character were never assessed, and were in fact an obvious hindrance for those who aspired to the inner circle.
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Once foisted on the world stage, Bush invariably chose the role of the mindless puppet, a buffoon prone to inappropriate laughter, absurd remarks, displays of childish petulance, all washed in a thin veneer of down-home charm meant to hide the underlying ignorance, the lack of awareness, the inability to conduct himself as anything more than an over-indulged frat-boy who had no more respect for his office than qualification to hold it.
In the wake of the events of 9-11, the Bush administration touted itself as the protectorate of our national security, yet another meaningless slogan behind which to hide the already-in-place machinations of war, the suspension of citizen%u2019s rights and freedoms, and the lining of those pockets deemed deserving by those in control of the purse-strings.
Despite the fact that Bush%u2019s policies have made us infinitely more vulnerable, the Protecting the Homeland banner still waves as though having some actual meaning behind it, another empty gesture in place of reality %u2013 like flag-pins meant to convey true patriotism, or Support the Troops bumper-stickers meant to convince the masses that our military is actually treated fairly and honorably.
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Americans are a forgiving people, and had the disastrous results of Bush%u2019s policies been due to a mistaken anticipation of their end result, or lofty ideals that ultimately proved to be misguided in their application, the absolution of his countrymen would have been offered without question.
But as we have all sadly seen, the suffering that we as a country, and the world at large, now endure is not the result of things gone inexplicably awry, but the single-minded pursuit of a political ideology whose sole purpose was to enrich the few at the expense of the many, and to place power into the hands of those who would stop at nothing to maintain it, all to be achieved while blithely ignoring the ensuing consequences; irreparable damage, escalating violence, economic instability, and the deaths of millions.
A large part of Bush%u2019s legacy will undoubtedly be his administration%u2019s ability to spin the worst behavior into something noble, the most blatant lies into something too truthful to be questioned, the most heinous crimes into something heroic, all couched in language meant to divert the mind from reality, and the soul from guilt. - Reply to this comment
- bail out all your buddies before you get out!!!
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- I thought regulation was bad; why does Congress need to get involved? Free market, surely?
Seriously, I **am** confused. (Economics is hardly my strong point, but I''m only reflecting what CBS, CNN, FOX, Free Republic, and others frequently discuss.) - Reply to this comment
- Posted by ozilot at 05:10 PM : Jul 15, 2008
Greed in Capitalism is like Cancer in Human. - Reply to this comment
- In trying to reduce if not eliminate Government via Tax Cuts per their Ideology, the NeoCons are destroying America. Mission Accomplished.
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- Yep. When you start selling out the American middle class to make the Yale Country Club alumni happy, you get tarred and feathered.
Now of course the Harvard Country Club alumni (democrat Congress) was playing the same game with you at the time, but their their old buddies are the New York Media, so they get credit for everything that is good (even when it isn''t) and you get the blame for everything that is bad (even when it isn''t).
This is especially true if the whole idea (like opening up mortgages to people who normally couldn''t qualify) is a democrat brain flatulation in the first place. That was about as smart as your Daddy going back on his "Read My Lipes, No New Taxes" promise to conservatives, in order to make democrats happy.
Meeting the left halfway just establishes the new starting point for a new round of negotiations, and a new opportunity to prove you''ll meet them halfway. Until you''ve either fallen off the curb or been thrown under the bus.
If McCain can''t learn from Reagan''s wisdom, perhaps he can learn from seeing what happened to the two Bush''s when they tried to collaborate with the Marxists that now infest the democrat party.
Perhaps Bush will do the right thing and return the current Secretary of the Treasury to Goldman Sachs as defective merchandise; before Goldman Sachs is handed a deed to Fort Knox. - Reply to this comment
- [ChatarPatar, me either. I dont know where the liberal media comes up with these fantasies about people complaining about gas prices. Whenever I fill my Checker Aerobus, I thank the cashier for taking my American currency.]
[Posted by GOP_forever at 04:05 PM : Jul 15, 2008]
gop ... is chatarpater your alter ego ... or just your other personality? - Reply to this comment
- I HAVE NOT FIND EVEN A SINGLE PERSON COMPLAINING EVER ABOUT GAS PRICE.
EVERYBODY IN AMERICA IS EXTREMELY HAPPY WITH ECONOMY AND FINANCIAL SITUATION.
ALMOST EVERY COMPANY IS HIRING ALMOST ON DAILY BASIS.
EACH AND EVERY PERSON IN AMERICA IS COMPLETELY CONFIDENT THAT THEY WILL NEVER EVER NEVER EVER LOOSE THEIR JOB. AS A MATTER OF FACT EVERY PERSON DOES GET RAISE IN THEIR SALARY ABOUT 50% PER 6 MONTH.
YOU ARE NOT PATRIOTIC AND CERTAINLY NOT AN AMERICAN IF YOU DARE TO DISAGREE WITH ALL THE ABOVE MENTIONED POINTS!!
I WISH IF BUSH WILL STAY OUR PRESIDENT UNTILL THE END OF EARTH!! - Reply to this comment
- [Did you hear Bush propose the Air Car?
www.theaircar.com ... No because he wants us to be addicted like Serfs on global oil markets.]
[Posted by whitemale08 at 03:19 PM : Jul 15, 2008]
an ''oil man'' will no doubt come up w/ a solution involving oil. just like a carpenter would solve a problem w/ wood ... a welder will do it with steel and involve a weld. - Reply to this comment
- Yet again, another example from history that foreshadowed the fleecing of America by politicians and the wealthy surrounding the Fannie Mae and Freddy Mac scandal, er debacle. I encourage all of you to look at the following article (it provides many clues to why the current mess we are in). Here is the link:
www.commondreams.org/archive/2007/04/19/635 - Reply to this comment
- [Rumsfeld happens to be a military genius]
[Posted by donnie897 at 01:59 PM : Jul 15, 2008]
has he found the wmd yet? he claimed that he knew exactly where they were. - Reply to this comment
- I don''t want to pay somebody for oil!!!
I want free air to fuel my car!!!
www.theaircar.com
go to the air car website embrace the freedom from paying for gas ONCE AND FOR ALL!!! - Reply to this comment
- Bush tells America to suffer and jokes about how it doesn''t matter that he didn''t about $4.00 gas because now it''s $5.00 hahaaaha.
Did you hear Bush propose the Air Car?
www.theaircar.com
No because he wants us to be addicted like Serfs on global oil markets.
This guy is the worse President in American history!
President Bush and the Republicans want you to be Serfs forever!!!
They love serfdom and hate freedom.
Oil is not freedom it''s serfdom
Compressed air used in a combustible air engine instead of combustible gasoline engine is THE ANSWER you idiots!!! - Reply to this comment
- How many more investors do you think the Republicans will bailout before Bush leaves office?
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- Here''s a solution from junkyard dogs and patriotism pastors like Rush Limbaugh and Sean Hannity.
Shut up, Stop the whining and go prosper yourself !!!
As if that platitude makes any sense in a country that has a 3rd world economy.
If people who live in 3rd world countries could go "prosper themselves" then there wouldn''t be any 3rd world countries.
But again Republicans can be so dumb to believe in this nonse and platitudes coming from their patriotism pastors. - Reply to this comment
Mike Huckabee on GOP "rock stars," 2012, health care reform and more.
