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Old 08-15-2002, 09:02 PM
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Default More clueless Bush team behavior...



Hmm, lets see Bush has his pow-wow down in Texas, far removed from most of those on Wall Street he seems to be aiming at. He and his team talk about how there is nothing wrong, go out and spend some money, things will be fine. I agree with their assessments, but did they really need this, in the middle of Texas of all places? Good enough, BUT...today Condi Rice is all over the TV talking about how "evil" Saddam is, playing the same line of all the other Bushies, how they need "regime change". Problem is they have little support for it. We all would love this regime change, yet no one is convinced it is that easy. In the meantime the sabre-rattling just drives oil prices up incessantly. As many economists have shown, a good deal of the cause for the recession of last year was started by the rise in oil prices. Short of interest rates and their beneficial effect on consumers when they go down, oil prices are probably the second biggest factor in macro-economics that aren't direct control of the government (taxes, spending, etc). And here has been one Bush team member another going around and rattling the oil markets. Good work team, you guys just show you have no clue whatsoever. I don't care if you are Republican or Democrat, liberal or conservative, you just have to wonder who the hell is running this ship! Foot-in-the-mouth disease seems to be a common affliction and unintended/unforseen consequences seem to surprise them all the time. For the sake of the country, please someone tell George to get a real leader in the cabinet that can get everyone educated and on the same page, and further someone who thinks things out instead of just saying seemingly random things backed with no action, or in the case of Paul O'Neill often a completely opposite action. Stock market may not be good right now, but these guys deserve a lot of the credit of the drag on the economy right now...
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