Predictable Disaster of George W. Bush
By Robert Parry
November 16, 2008
In his trademark goofy way, George W. Bush explained why he supported a bailout of the U.S. financial markets, saying he was “a free-market person, until you're told that if you don't take decisive measures then it's conceivable that our country could go into a depression greater than the Great Depression.”.................
Even today, as George W. Bush’s crony capitalism, aversion to regulation, and his trillion-dollar war in Iraq have driven the U.S. – and the world’s – economy off the road and into financial quicksand,
big-time journalists continue with their Bush deference. They won’t put too much blame on the person who arguably should top the list of those responsible.
While the Brokaws and Friedmans might justify their behavior as a resistance to “piling on” a lame-duck President,
they also are contributing to a distorted history – one that fails to identify Bush and his political/media enablers as largely to blame for this global catastrophe.
By averting their eyes from Bush and focusing so much on Obama now,
the mainstream U.S. news media also clears space for right-wing media voices like Rush Limbaugh to begin writing another false narrative, blaming the financial collapse on the incoming President not on the one who has held the office the past eight years.
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Though the U.S. press corps is loath to examine history, especially when it reflects badly on the Bush Family,
the present – and the future – might hinge on the American people finally understanding how George W. Bush and his reverse-Midas touch managed to turn a relatively golden U.S. economy to dross in just eight years.
It was all predictable.more (6 pages)at:
http://consortiumnews.com/2008/111608.html