When George W. Bush sued to win the election of 2000 versus then-Vice President Al Gore, an oil tycoon, baseball team owner, and alcoholic was elected to the White House. The figure of 10.2% unemployment rate is a direct result of our society willingly letting a President have free reign over our country and not holding him accountable for his actions.
Even worse, we elected him to a second term even after we found out there were no weapons of mass destruction. The only WMD found was the empty space between Bush’s ears.
The 10.2% of Americans without a job today is because when we invaded Iraq, the real reason was for Bush’s oil tycoon mentality and his buddies (over 50 of Bush’s advisors including many in his cabinet were on boards of energy and oil companies according to The Complete Idiot’s Guide to the Politics of Oil).
Not only that, Bush’s grandfather and the Saudi royal family go way back to the 1950s after the Brits pulled out of the Middle East in the post-World War II dividing up the of the spoils.
Fast forward to 2008 when two things hit the highest levels they’ve ever been in the history of our current economic system: houses and oil.
Let’s use basic logic here. You need a car to go to work. You need gas for your car. Companies need gas to transport food to stores. Companies pass on higher costs of transportation to consumers, the same consumers who use gas to get to work. Workers don’t get raises and pay exorbitantly high prices for houses they have no business being in to begin with.
If a householder has to decide what they are going to pay for in a given month and has a choice between putting off a mortgage payment or making sure his family eats tomorrow, what do you think is going to happen? Bingo. We have to eat and we still have to pay for gas to get to work. The house is the first thing to go. And since so many banks have invested in these houses as their default income instead of investing soundly, when these hard working Americans chose to pay for food and gas instead of a house the entire economy tanked.
Now let’s back up for a minute. Oil prices went up due to the factors of demand for construction and more products that were bought on credit and because HRH Bush sent thousands Iraqis to die when we invaded for no good reason.
Instead of beefing up our economic policies with $15 billion a month, that went into a tragic war that we are still fighting.
Why? Because HRH wanted to show his daddy how it should have been done.
More abuses by HRH include the Hurricane Katrina debacle, also caused by all of our National Guard troops and equipment on duty in Iraq.
HRH Bush didn’t care about the average American and I pray to whichever deity protects us from evil that we don’t hear any more from his legacy of exorcising his own personal demons on the entire world that is now suffering because of him.