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Investor’s Business Daily: The Pie Got Bigger
George Walker Bush’s economic policies may have kept this country stronger than many would guess in the years after 9/11, at least before this global downturn. That
Investor’s Business Daily editorial was released on August 26, 2008… mere days before the 2008 Democratic and Republican National Conventions, and the numbers within it are most interesting to chew over. We see a general uptick in average U.S. income up to 2006, slow between 2001 and 2003, but quicker onward. Al-Qaeda destroyed the World Trade Center on that dark day, as good a symbol of American capitalism as any, I would think, and in the grim days and weeks that ensued after those airplane jihad attacks, this country’s stock market plummeted. Fortunately, when Bush initiated those tax decreases, the economy rebounded, taking income with it and even scoring a 7.5% jump in 2004’s fourth quarter and a 6.3% jump in 2003’s third quarter, and as income increased, so did the people’s ability to, well, buy whatever they were aiming for, such as new homes.:
Investor’s Business Daily: Bush and ‘Financial Apartheid’
In 2003, to calculate the timeframe described in that article correctly, Bush authorized up to $200 million per year through fiscal year 2007 to give first-time homebuyers some help taking care of down payments and closing costs. The contrast with those who sided with the Community Reinvestment Act of 1977 I find noticeable, what with its requirement for banks to make loans in distressed neighborhoods – and the resulting subprime mortgage instability. Yet, the contrast with Barack Obama may be even more pronounced as more and more people in
Europe ponder the prospect of a world without the United States.:
American Thinker: Steve McCann: Why Europeans are turning against Obama
Nightmarish? As the guardian of liberty across the planet, America has been demonstrating the value of individualism and private enterprise, and consequently, Japan, China, and India have emerged to become economic powerhouses. Unfortunately, Western Europe is facing bankruptcy and below-replacement birth rates, and environmental extremism has made energy even more valuable. Taken together, these factors have led some European associates of Steve McCann to miss George Walker Bush’s cowboy presidency, and even
Der Spiegel is starting to worry. To take this argument as it is, the demise of the America as the global superpower would (potentially) signal the demise of Western Christendom, or Western civilization, if you will, and only actual willpower mustered by the successors to Bush – with encouragement from current Colombian President Alvaro Uribe, former British Prime Minister Tony Blair, and former Australian Prime Minister John Howard – will reverse this downward spiral. As before, the contrast with Obama’s almost reflexive position against free trade, at least with Colombia, is worrisome.:
National Archives: White House: George Walker Bush’s January 13, 2009, comments about Alvaro Uribe, John Howard, and Tony Blair’s Presidential Medals of Freedom
Investor’s Business Daily: Colombia Gives Free Trade a Chance
Investor’s Business Daily: Raising America’s Global Standing?
Bush’s recollections of Blair, Uribe, and Howard will fit nicely into the freedom agenda overall. Blair was standing right in the chamber of the House of Representatives when Bush declared America’s resolve to take down Al-Qaeda, the Taliban, and terrorists around the world nine days after the 9/11 airplane jihad attacks, and he would go on to declare his determination that the world would unite under liberty rather than hate. As I stand, Bush and Blair’s teamwork during Operations Enduring Freedom and Iraqi Freedom has demonstrated the strength of the special relationship between America and Britain in the 21st century, but the benefits of that relationship extended beyond just these two countries. Under Howard, Australia kept an eye on China, India, Burma, and any jihadists converging on and congregating around Indonesia, but neither those jihadists nor China’s economic expansionism deterred Howard from articulating the power of the free market in lifting people into prosperity. With Australia positioned to extend America and Britain’s partnership and moral clarity into the Indian and Pacific Oceans, Howard, Blair, and Bush made quite a trio these past several years, but Uribe may have endured the most actual direct threats against him as the President of Colombia. Uribe urged Congress to encourage investment in both his country and America and counter the Revolutionary Armed Forces of Colombia’s terrorism, and he was determined to create a peace economy by privatizing state industries and cutting regulations to allow new businesses to blossom, all in defiance of the Caudillo of Caracas. Uribe’s refusal to counter Hugo Chavez’s military mobilization in March 2008 in pursuit of “peace through trade and development” stands in stark contrast to Obama’s accusation that Colombia had mocked labor protections within it, thereby standing against the free trade agreement that Bush sought between America and Colombia.
Investor’s Business Daily called Obama’s demonization of America’s strategic allies, from Colombia to Britain to Israel, a mystery, which still fits even after Obama succeeded Bush as the President of the United States. Obama should do better in heeding the advice of a man who evidently influenced the freedom agenda since it was first articulated.:
Natan Sharansky: Dissident president
Natan Sharansky authored
The Case for Democracy: The Power of Freedom to Overcome Tyranny and Terror, and George Walker Bush praised its clarity in explaining the differences between freedom and tyranny, expanding the thought patterns of the foreign policy establishment beyond geopolitical calculations and the balance of power, as Henry Kissinger argued regarding the Soviet Union. Even during the days of President William Jefferson Clinton, analysts insisted on stability as the all-important criterion for avoiding conflict anywhere around the world… only to get September 11, 2001. The “democratic earthquake” that Bush helped unleash afterward offered the promise of a sincerely peaceful world, and as one might expect, the Islamists were furious, including Supreme Ayatollah Ali Khamenei and the commanders of the Islamic Revolutionary Guards. One wonders how far the American people will go in urging President Barack Obama to declare solidarity with the Iranian protesters, giving them enough moral strength to overthrow their current regime, thereby planting the flag of freedom in Tehran and carrying forth an agenda, no, a
mission articulated by George Walker Bush as the 43rd President of the United States of America.