James McPherson's Media & Politics Blog

Observations of a patriotic progressive historian, media critic & former journalist

  • By the author of The Conservative Resurgence and the Press: The Media’s Role in the Rise of the Right and of Journalism at the End of the American Century, 1965-Present. A former journalist with a Ph.D. in journalism, history and political science, McPherson is a past president of the American Journalism Historians Association and a board member for the Northwest Alliance for Responsible Media.

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The fool who cried (for) Wolf(owitz): Bush’s Iraq War lies complicate economic bailout

Posted by James McPherson on September 26, 2008

Paul Wolfowitz, of course, was the Bush secretary of defense and one of the architects of the Iraq War, which we now know to be based on administration lies. Now talks about how to “save” the economy have stalled, perhaps partly because John McCain felt compelled to try to play hero and ended up looking silly while doing more harm than good, but mostly because of opposition from conservative Republicans who refuse to go along with George Bush’s bailout plan.

A big reason those Republicans oppose a bailout is because of what they’re hearing from constituents, who apparently refuse to believe that the situation is as dire as the administration claims. “We’ve been listening to the American people, and the American people have told us that they don’t want to foot the bill,” Rep. Judy Biggert was quoted as saying in a CNN story today.

As for me, I don’t know what to believe, either, because Bush has proven he can’t be trusted. As the president himself has said, “Fool me once… Shame on… Shame on you… Fool me… Can’t get fooled again.”

Many people suspected that the Iraq War would seriously hurt the U.S. economy. Now it seems that we may have seriously underestimated just how devastating it might be.

3 Responses to “The fool who cried (for) Wolf(owitz): Bush’s Iraq War lies complicate economic bailout”

  1. […] party voted for the bill. Frankly, I don’t know how I feel about the bill, but as I’ve written before, Bush himself is to blame for the fact that people now know he can’t be trusted. When in […]

  2. Reverend Manny said

    it just seems absurd to me, especially since according to bloomberg news (it’s in my 700 billion lies blog) $700 billion was a number they more or less just picked out of the air. But then, to see these “people” scampering over each other to throw more and more money at it.

    Here’s a question. If we are to assume that people act according to their priorities…. what does this bailout say? With 700 billion we could cover every uninsured person living in america for five years and still have 100 bil left over. So then… what are our priorities? How many times over could we pay for every kid’s college education with that money?

    And I don’t think the bailout will really help. Most historians note that even after the bailout in the Great Depression, it took another 18 months before market bottomed out. It took nearly a decade before the housing market bottomed out.

    And of course, nothing in either version of the bailout (you can download the senate version online now) does ANYTHING about the causal factors.

    I say no to the bailout. WIth a tenth of that money they could make sure America regains its place as the world’s most educated, productive and admired country. But what we lack is political will and common sense. And that’s why, no matter how much you or I might hate the idea of this bailout, it will get passed.

    Here’s to being even broker next year.

    One Love,
    –Reverend Manny

  3. […] all, the Bush/Cheney administration lied us into an unending war in Iraq, and kept warning us about Iran, but continued warm relations with the […]

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