Bush's ultimate legacy: Draining the U.S. Treasury
Yes, it's true. This is our President. Take a good look at the picture so you can remember who created this mess we are in on so many fronts. I am told Republican Conservatives are supposed to be the politicians most concerned and able to manage money, since many have ties and experience in Corporate America. Well I guess that myth has been debunked with the latest figures about the cost of the Iraq war and that it was going to cost $2 Trillion dollars, according to the bipartisan Congressional Budget Office.
Senate Budget Committee Chairman Kent Conrad, D-N.D., said that Bush would "go down in history as the most fiscally irresponsible president ever. The fact is that the nation's debt has exploded on his watch -- rising by $3 trillion since 2001, to $9 trillion today."
We need to consider this issue as more important the the Iraq war itself. This will affect not only our generation but our children's generation and their children's generation. We are now the leading debtor nation in the world and that sets the stage for the second, so called, Fall of the Roman Empire, us!
There are only a few Presidential candidates that can deal with this issue. It's not Hillary, Obama Rudi, McCain, nor Fred Thompson. It is former Massachusetts Gov. Mitt Romney (R) and he is by far the best Presidential candidate with expertise in this area as Governor of Massachusetts, and having also managed the U.S. Olympics and his tenure as head of Bain Capital. Another might be Gov. Huckabee (R) who has experience as a Governor. On the Democratic side possibly Gov. Bill Richardson who has managed the smaller state of New Mexico. He is the only candidate with the experience being an Executive officer of a large entity like a State. This may be the first election in our history where the issues we face as a Nation can't be resolved by any of the Presidential candidates and the ideal solution would be to combine the best in each.
What Presidential ticket would that look like to me? It would be Senator Joe Biden (D), as expert on Foreign relations and the only candidate who could help solve the Iraq Civil War, and Mitt Romney, as the best candidate for resolving the financial debt issues we will face. But we don't have the consciousness to consider ideas outside of our traditional box of electing a President. But wouldn't that be a good ticket!
As the title of this Blog says, "Bush's ultimate legacy: Draining the U.S. Treasury", he has made the country as bankrupt as he did with his own Oil company. This time instead of the Saudi's bailing him out, it is China, as they own most of our debt.
Labels: Bill Richardson, Bush, debtor nation, Gov. Huckabee, Iraq war, legacy, Mitt Romney, Republican Conservatives, Sen. Joe Biden
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