True conclusion that I made up with no factual evidence: To let other presidents know how great he was, Bush has been carving "W is the man" into every bathroom wall as he prepares for Obama's move into the white house.
Sunday, November 16, 2008
Summit on Financial Markets and World Economy Participants
This week President Bush hosted a dinner for the representatives of the major economies. The only missing member on the first night was Prime Minister Balkenende due to the tragic passing of his father. They were all there to discuss the global financial crisis and what could be done to fix it. As always, President Bush emphasized the importance of having a free market economy. President Bush and the representatives had a series of meetings in which they focused on five primary objectives; understanding the causes of the global crisis, reviewing the effectiveness of our responses thus far, identifying principles for reforming our financial and regulatory systems, launching a specific action plan to implement those principles, and reaffirming our conviction that free market principles offer the surest path to lasting prosperity. George Bush has claimed that "global credit markets are beginning to thaw" and lets hope he's right. President Bush is convinced that free market trade will be the thing that saves the economy. He states that "Free market capitalism has been an engine of prosperity, progress, and social mobility in economies all over the globe".
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3 comments:
It is interesting to note the differing methods of European nations and the US. Whereas the US still believes in the power of free markets, most major European nations promote more government involvement.
Ironically, however, a $25 billion aid package to the auto industry would be relatively protectionist...something which the EU has said it may take to the WTO's courts as illegal.
First of all TRUE conclussion that I MADE UP with NO factual evidence? Enough said. ;) However, I do think that it is somewhat Ironic that Bush is hold meetings and promoting free markets and trade when he has just advocated a $700 billion bailout (which some would call socialist). I am not saying I think he did the wrong or right thing with the bailout, but his statements might have lost what little air they possesed once people start hearing what he is saying, and looking at what he has done. Furthermore, I not not suprised in the least that he would talk bout Free Trade at an INTERNATIONAL conference. It would be a little silly to say "Hey so I called y'all over hear to say that we should try and run each other's countries out'a buisness. That's how us Americans view it!" Even more so because he is...socially... a republican.
I think it's amazing how Bush has "pulled a Fred Thompson" and all but disapreared from the media entirely. I bet if you asked the average American, they would say Barack Obama is the current president. Some one should tell Bush that the election is over, the damage is already done, there is no need for him to hide. I would figure he would be out getting the most out of his lame-duck session, maybe parading around and enjoying the perks of being President. I hope he's flying under the radar because he's working, not vacationing. Especially due to the current state of the union and the number of vacation days he's taken already...(the most in history).
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