70 online
 
Most Popular Choices
Share on Facebook 9 Printer Friendly Page More Sharing
Exclusive to OpEd News:
OpEdNews Op Eds   

Read My Lips; George Bush Ends Career Nationalizing BANKS!!!!

By       (Page 1 of 2 pages)   2 comments
Follow Me on Twitter     Message Dean Powers

George W. Bush is the second Republican president in a row, after his father, to leave office breaking a promise; a fairytale.

During his nomination acceptance speech at the 1988 Republican National Convention, President George H.W. Bush famously thundered, "Read my lips, no new taxes." 

Then Governor Bill Clinton turned the words against Bush in an unforgettable attack ad that set Clinton on a sure path to victory, entitled, "The George Bush Promise."

The ad featured Bush making his memorable "no new taxes" declaration over a swell of foreboding music, followed by an enduring voiceover that all but destroyed the president's character and credibility in less than 18 seconds: "Then [President Bush] gave us the second biggest tax increase in American history," the voiceover says, "Bush increased the gas tax by 56 percent." 

Unfortunately, the ad created a fallout that was limited in its scope to the political career of President Bush. Democrats missed an opportunity to draw  broader lessons; to connect the necessity for that tax increase to the effects of Reagan's tax cuts and deficit spending on defense; ultimately, to expose the inherent shortcomings of a political philosophy that encourages selfishness.

The Republican Party philosophy is that of the grasshopper in Aesop's fable, "The Ant and the Grasshopper." The reader will remember how the grasshopper wastes his summer days singing and chirping "to its heart's content," while the ant toils, stocking provisions of wheat and corn for the winter. (Right now, that ant is China). When winter arrives, the ants live merrily and the grasshopper freezes and starves to death.

In the 1934 Walt Disney version, released in the midst of the last great American economic disaster, the grasshopper (blue with cold) is allowed inside and given a tub of warm water in which to place his feet and a bowl of soup. He survives.

(A dozen or so other pundits and columnists have used the old fable as an analogy in the last month.)

The Chief Grasshopper in 2008 finds himself in the stormy and brisk winds of October as he enters his last 100 days in the White House. America has $10 trillion of debt.

For eight years, President Bush has said, "Read my lips, no nationalized anything," preaching instead the doctrine of selfishness and market-centered greed in every sector.

"We need," Bush said on January 28, 2004, "to keep...the private market strong [read: keep the rich getting richer], by resisting efforts that are happening in Washington, D.C., to say the federal government should be running health care...I believe the best health care system is that health care system generated in the private markets."

In reality, we have a costly health care system, adding to our national debt. America pays nearly twice as much per capita as Switzerland, who has the second most expensive health care system in the world.

In fact, in 2004 our health care system cost $6,000 per capita--its even more expensive today. By contrast, the recent $700 billion bailout cost every American $2,000. Our health care system costs the equivalent of a $2.1 trillion bailout EVERY YEAR.  

Grasshopper Bush wants you to keep singing and chirping because that annual $2.1 trillion is flowing into the pockets of the insurers and the care providers, never to be seen again. We'll pick up the tab. 

Bush's lazy followers want to keep singing and chirping too: "I don't want nationalized health care," Republican Grasshoppers sneer at every Democratic Ant working for health care reform. (The Democrats should change their party mascot from the donkey to the ant.) 

Now...after the party on Wall Street is over, after the ballroom is left sullied with streamers and empty Champaign bottles, after the rich have snatched billions in a market without regulations, governed by the credo: "Read my lips, no nationalized anything," President Bush has NATIONALIZED AMERICA'S BANKS!

Next Page  1  |  2

(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).

Rate It | View Ratings

Dean Powers Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

Dean Powers lives in Castleton, VT. He has apprenticed at several newspapers including The Nation. He currently writes for OpEdNews. He can be found at facebook.com/deanppowers.

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Follow Me on Twitter     Writers Guidelines

 
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEd News Newsletter
Name
Email
   (Opens new browser window)
 

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

XRay Naked Pics for "Officer in Remote Location"

Kate Winslett Tears Up Over Global Warming at Oscar's

Limbaugh Watch: Palin Pregnancy Talking Points

"He'd better..." Grassley Snarls About Obama...Wouldn't Fly at This Redneck's Keg Party

"Drill (Me), Baby, Drill (Me)" Sex, Drugs, Big Oil Scandal

Limbaugh, Hannity: Blame Democrats For "Free Market" Failure

To View Comments or Join the Conversation:

Tell A Friend