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Understanding Bush's bloody dollar and American foreign policies |
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Nipawin - Sunday - September 21, 2003 - by: Mario deSantis | |||||||
Thomas Friedman, New York Times, March 28,1999 |
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US Senator Edward Kennedy, Associated Press, September 18, 2003 |
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tax |
Our world is not as simple as president Bush tries to portray it. President Bush is wrong when he says that his tax cuts put more money in everybody's pockets and therefore these tax cuts ensure economic growth; or when he says that his war against Saddam Hussein has liberated the Iraqi people and therefore this war has enhanced peace and freedom at home and abroad. | ||||||
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rich |
Our world is very complex and rather than listening to President Bush and his mispeak we must understand by ourselves, this upside down world. We have been saying for a long time that life is more important than money, and yet money makes the world go around, more wealth for the rich and more wars against the poor. | ||||||
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in |
The American economy is in bad shape as productivity increases while employment decreases, as tax cuts reduce governmental revenues while making the rich richer, as the federal deficit is some 5% of the Gross Domestic Product (GDP) while billions and billions of dollars are exported to democratize Iraq, as the trade deficit is some 5% of GDP while defending agricultural subsidies at home and copyrights abroad. The truth is that America is badly in debt, and it is being robbed by president Bush and his friends. | ||||||
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obsession |
We have heard US secretary of commerce Donald Evans blaming China for both the loss of manufacturing jobs in America and for the trade deficit. It is my contention that Evans' focused attention in blaming China for its manipulation of the yuan against the dollar is misplaced and in fact, I really believe, that all America's problems originate from its obsession of putting the value of the dollar, before the value of people. | ||||||
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economic |
We must understand our own world before blaming others for our own failures; therefore we must understand how the value and the abuse of the dollar may play a relevant role in designing the American economic and military policies. President Bush is a farce, rather than cheering his tax cuts and having more dollar America's citizens' pockets, it is much better to understand the meaning of the dollar in this complex world. Australian writer Geoffrey Heard comes to our help as he perceptively writes : | ||||||
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We understand now the meaning of Bush's bloody dollar. | |||||||
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References: | |||||||
Pertinent articles published in Ensign | |||||||
Borosage, Robert The Misleader
September 17, 2003 Tompaine http://tompaine.com/feature2.cfm/ID/8892 |
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Hightower, Jim Kleptocrat
Nation September 3, 2003 The Nation http://www.thenation.com/doc.mhtml?i=20030915&s=hightower |
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The Straits Times New US bogeyman Editorial, September 17, 2003 http://straitstimes.asia1.com.sg/commentary/story/0,4386,210416,00.html | |||||||
Bartlett, Bruce Trade Deficits With China September 02, 2003 NATIONAL CENTER FOR POLICY ANALYSIS, http://www.ncpa.org/edo/bb/2003/bb090203.html | |||||||
Heard, Geoffrey IT'S NOT ABOUT OIL OR IRAQ: IT'S ABOUT THE U.S. AND EUROPE GOING HEAD-TO-HEAD ON WORLD ECONOMIC DOMINANCE March 2003, People for Peace, Justice, and Healing, http://www.tacomapjh.org/petrodollartheories.htm | |||||||
deSantis, Mario The Bloody US Dollar of President Bush's New World Order February 4, 2003 Ensign | |||||||
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