The Financial Crisis Will Have a Lasting Impact on Bush’s Legacy

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By: Jordan C. Fan, Prophet Of Environment

To be fair, George W. Bush may well be one of the better presidents in recent U. S. history. He is much better than everyone from FDR onward to Clinton and certainly a million times better than Obama who will be the worse president in U. S. history and also the worse leader our world has or will ever have. If I said from FDR on, it means all U. S. president we are familar with.

The reason for W's greatness is that he allows the price of oil and other natural resources to go up which will provide a fair opportunity for those oil and natural resource national to develop economically into other areas.

Those other areas for nations who have received money on their oil reserve can be on industrial development, infrastructure, education, environmental protection, etc.. Higher oil prices will help the Environment because there will be less consumption, less waste and less development and expansion into the wilderness.

When an oil & other natural resource producing nation is in great need of money to run its country, it has no choice but to lower its oil and natural resource prices to compete for cash income. I guess the best way to stabilize oil price and make it higher is for OPEC and other oil producing countries to have alternative income. With alternateive income from other sources than oil, then they don't have to depend entirely on oil for money to run their countries. Therefore, they don't have to lower oil prices to compete for sale.

May be that is the reason why the United States were trying hard to put other countries into poverty and insatbility in the past, especially those with huge natural resources. George W. Bush or maybe his father may well be the only U. S. president(s) who have been doing something good for those natural resource producing nations.

G. W. Bush's first mistake was to hire all Blacks for his foreign relation departments. To start his administration, Bush used Colin Powell as Secretary of State and Condi Rice as Foreign Policy Advisor. After firing Powell, Bush still insisted on using a Black woman - Rice as Secretary of State. Together, Powell and Rice have initiated numerous foreign policies which made the U. S. failed on all fronts. Quite obviously, they are all spying for Democrats especially when Powell is currently endorsing Obama. Since the Secretary of State also control U. S. embassies aboard, they can make it much easier for Africans to immigrate to the U. S. whereby increasing the population of voters who will vote against the Republican Party. Bush were to too greedy in thinking Iraqi oil can bring them great fortune. Saddam Hussein had problems making money from his oil reserve during peace time. How can Bush get profit from oil during a war? Even before Bush took office, the United States was already in a recession. The U. S. government was simply presenting fictitious economic figures to recover up their financial troubles.

jordan C. Fan, Prophet Of Environment 10:07AM December 23, 2008

When the oil companies start to lamment that it will take one barrel of black gold to produce one barrel of black goo (psst...it full of sand and water now), then it does not matter how much real gold is "in dem dar hills," because the wells will shutdown. Even when the price of oil goes back to (ba-zillions) we will find the comsumption rate going to those who in the end are able to take it (for the tanks), not consume it. Poor President Bush, he was in the wrong place at the wrong time, but he did get his moment in our history books,didn't he?

Rick Wuorenma of WI 8:30AM December 22, 2008

Any educated person must realize that a President truely has limited control over our form of Government. Add in 911, Katrina and the overall spineless waffleing of Congress and public opinion and I think ole George has done pretty well. A view I believe history will eventually show.

As to our current financial mess....Every fine american who drives a 8mpg "land tank", bought a house for twice what they could afford and spent every dime they made "day-trading" instead of dropping it in the bank, YOU are all to blame for our mess. The biggest thing that bothers me is that no one will admit that this economy is in a long coming "correction" that free enterprise demands after a LONG wave of growth and GREED.

One other little detail 'bout ole George...we (the US), have not suffered another attack. Everybody seems to forget that little fact. Well done George!

C Petty of GA 8:12AM December 22, 2008

I agree with Ray of NM.Bush and all that voted for that crew along whith the wrest of his cabinet dogs cats ect.should be on the first boat leaveing.

John of AL 3:30PM December 14, 2008

It will be great, advantage, from the U.S. goverment, for the direct bail out in the many industries in every aspects.

Andre Budianto 5:23AM December 13, 2008

bush's legacy is that he ruined America in only 8 years. He's a liar, cheat, rotten person with a black soul. Hanging is too good for him.

A. K. Lawson of MO 1:35PM December 11, 2008

Legacy implies something good happened while we were under his watch. He may not have been purposefully trying to screw things up this badly, but he just didn't care enough to take an interest in solving some of the problems. I heard someone on NPR describe it as "Rich Kid Syndrome" because rich people don't worry too much about anything because they know their money will get them out of any problem. Failing? Get a tutor. Taxes due? Get a tax accountant. The problem was that this time he was spending our money. All of those billions of dollars to Iraq have been a complete waste of our precious resources. I hope and pray that he goes back to Texas and begins to understand how much he is disliked by the Average American.

Steve of WA 9:05AM December 11, 2008

I don't think either Bush gives a darn about their legacy. Lining the pockets of themselves and their friends is the only thing that matters. As for Bush blundering, I must disagree. They knew exactly what they were doing; hollow out the middle class, and get us ready for the North American Union. The Rise of Serfdom.

al of NM 8:38AM December 11, 2008

The only reason Bush won the presidency the second term is the scare tactics that a democratic president would let this country fall to terrorism. Bush, Cheney and the rest of their administration are the only terrorist and a discrace to this country. They worked toward their own interest and not the interest of this country. He should leave now and save use the last few weeks of his rule. He should have left Saddam in power then we would not have had to deal with the nut in Iran.

He has given the Republican Party a black eye that will take years to correct.

Ed of MA 7:38AM December 11, 2008

Ralph Nader in 2000 and the idiots who voted for Bush the second time.

Fred G of CA 6:59AM December 11, 2008

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