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... many of the tenets of George W. Bush's policies -- including pre-emptive warfare, massive spending on unwise defense systems like Star Wars II and a skyrocketing federal deficit -- have their roots among the more extreme members of the Reagan administration -- those we now call "neoconservatives."
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The final congressional report on Iran-Contra determined that Reagan bore "ultimate responsibility" for the criminal acts of his advisers.
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When Walsh asked him a question about one of his diary entries, Reagan showed that even during an uncomfortable hearing he had grace and humility, "I'm very embarrassed ... I'm sorry. I'm like I wasn't president at all." Reagan was embarrassed and had to apologize for some of the very same people who are now key policy-makers in the current Bush administration. Reagan fired many of them.
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Our current president, George W. Bush, rehired a number of them and they proceeded down the path of an ill-advised and costly war.
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http://www.chron.com/cs/CDA/ssistory.mpl/editorial/2624658