Voice of the White House March 30, 2008
TBR News.org – March 31, 2008
’Things fall apart/The centre cannot hold…’ this is W.B. Yeats’ comments in his poem, ‘The Second Coming,’ and it is completely applicable to the present situation in American today.
By their ineptness and gross incompetence, the far-right Republicans have managed to thoroughly ruin the American economy and while they did not cause the current growing banking collapse, they did nothing whatsoever to prevent it, even though the bubble was well-known and understood in official governmental circles. Bush himself would do nothing to prevent any regulation of either the merchant banks or their involvement in the thoroughly crooked subprime mortgage frauds.
Now that a collapse is upon us, Bush merely shuffles titles and numbers and gets Paulson to make vague promises to an increasingly frightened general public. At this point in the growing credit and banking collapse, Bush can do nothing and to add injury to insult, his foreign policy and military adventures are also caving in. In short, there is a catastrophic collapse of the banking world, the military and diplomatic world and the Republican party.
In Illinois recently, there was a special election to replace Dennis Hastert , a Republican congressman and Bush stalwart, who was retiring. Hastert came from a very strongly conservative Republican district, the same sort of area known in England as a pocket borough. It was considered a ‘cinch domino’ with the leadership. Amazingly, their candidate, a millionaire dairy owner who had ample name recognition and was an inoffensive individual, lost to a relatively unknown Democrat, 70-30%!
This should be a bellwether for the Republicans for if their “safe” support areas can erode so dramatically, they had best give some thought to all retiring and moving to Patagonia to live near Bush when he leaves the office he has so terribly disgraced.”
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Last updated 04/04/2008