Skip to main content

The Bush Legacy, a Prequel

Kevin Hassett of Bloomberg News has offered a prequel of the Bush legacy, and it doesn’t look good for the Bush beaters. Historians usually are not quite so tempermental as bloggers, commentators and compromised reporters.

On the Iraq war:
“The argument for his eventual vindication is stronger than many might expect.

“On foreign policy, Bush emphasizes that he pursued a “freedom agenda” and spread freedom to Iraq. While the Iraqi future is far from clear, it is possible that the country becomes a democracy and a reliable ally of the U.S. If that transformation is completed, then it could well be viewed as a turning point in the war on terror.
“On the home front, to virtually everyone’s surprise, we’ve avoided a terrorist attack since Sept. 11.”

On the body blow to the economy:
“We are in the midst of the worst recession of our generation, yet it is hard to attribute this crisis to anything that Bush actively did. If his large deficits produced skyrocketing interest rates that crushed the economy, then the argument that Bush caused the mess we’re in might hold water. If he was the one who deregulated the financial sector, then we could justifiably blame him for our predicament.

“Instead, the forces that allowed the financial sector to blow up -- deregulation, for example -- were in place when he took office. Former Federal Reserve Chairman Alan Greenspan, who failed to stem the crisis, was inherited from the previous president. Bush even tried to avert the crisis early and often in his presidency, as he sought strict limits on the actions of Fannie Mae and Freddie Mac, the mortgage-finance companies that were at ground zero of the crisis.”

Comments

Popular posts from this blog

Obamagod!

My guess is that Barack Obama is a bit too modest to consider himself a Christ figure , but artist will be artists. And over at “ To Wit ,” a blog run by professional blogger, journalist, radio commentator and ex-Hartford Courant religious writer Colin McEnroe, chocolateers will be chocolateers. Nice to have all this attention paid to Christ so near to Easter.

The Blumenthal Burisma Connection

Steve Hilton , a Fox News commentator who over the weekend had connected some Burisma corruption dots, had this to say about Connecticut U.S. Senator Dick Blumenthal’s association with the tangled knot of corruption in Ukraine: “We cross-referenced the Senate co-sponsors of Ed Markey's Ukraine gas bill with the list of Democrats whom Burisma lobbyist, David Leiter, routinely gave money to and found another one -- one of the most sanctimonious of them all, actually -- Sen. Richard Blumenthal."

Did Chris Murphy Engage in Private Diplomacy?

Murphy after Zarif blowup -- Getty Images Connecticut U.S. Senator Chris Murphy, up for reelection this year, had “a secret meeting with Iranian Foreign Minister Mohammad Javad Zarif during the Munich Security Conference” in February 2020, according to a posting written by Mollie Hemingway , the Editor-in-Chief of The Federalist. Was Murphy commissioned by proper authorities to participate in the meeting, or was he freelancing? If the former, there is no problem. If the latter, Murphy was courting political disaster. “Such a meeting,” Hemingway wrote at the time, “would mean Murphy had done the type of secret coordination with foreign leaders to potentially undermine the U.S. government that he accused Trump officials of doing as they prepared for Trump’s administration. In February 2017, Murphy demanded investigations of National Security Advisor Mike Flynn because he had a phone call with his counterpart-to-be in Russia. “’Any effort to undermine our nation’s foreign policy – e