'We shall overcome' ourselves
Posted Fri, 2008-12-19 00:22
The Bush administration's Christmas gift to America is a package of disaster.
Due to our foreign policy, the overall status of the United States among nations has diminished in esteem and respect.
Our country is currently striving to survive a tremendous downturn in our economy, regulations and oversight for the transactions and activity on Wall Street were either lax or non-existent.
Billions of dollars in support of our unfavorable war in Iraq has been wasted, in addition to the drastic loss of thousands of brave American soldiers killed or permanently injured. Our country is also committed to spending billions of dollars in providing medial care and assistance for thousands of veterans.
Our unemployment level is the highest it has been in many years and millions of jobs have been outsourced. Our foreign trade policy has done much to detract from our manufacturing outlook. We do not have a fair trade policy.
Little progress has been made in improving our national health-care programs. National security coverage still has many loopholes.
There has been little progress in resolving illegal immigration.
The conflict in Afghanistan is developing into a major catastrophe; more assistance from the Euro-nations is imperative.
The outlook for recovery from all these crises will be difficult, but hopefully, conditions will improve with the incoming administration. "We shall overcome."
About the Blogger
Col. Irving Davidoff of New Smyrna Beach is a retired Army general staff officer and assistant chief of information for the Pentagon and a World War II veteran of the European Theater who landed at Normandy. The City of New Smyrna Beach proclaimed June 30, 2007, "Colonel Irving Davidoff Day in New Smyrna Beach."
Comments
Take of the blinders
As usual there were plenty of people who were supposed to be paying attention to loans and wall street bad guys. Jimmy Carter started the collapse of housing and Clinton hastened it. LOOK UP THE loan regulations they forced on banks. Jessie Jackson and Sharpton were attacking banks at the same time browbeating them to redact fiscal requirements for certain borrowers. Then to make it worse fed began to guarantee loand by default of Fannie and Freddie. LOOK UP THE RECORDS. The more party partizan you are the stupider you become. Bush had plenty of faults but he raised question of Morgage problems no less than 17 times over years. Barney Frank was still lying his butt off giving the green light two weeks before implosion. Hey Irving how is unemployment now? How has the stock market taken to porkulas?
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