"A Permanent Gate"
I've wondered what he's been up to for the past few months. Does he understand what he did to the country and the economy? We can't know his private thoughts. But the plan to "install a permanent gate outside the cul-de-sac later this year" symbolizes the psychological cocoon as much as it does the physical one. For the next decade or two, brush will be cleared frantically and the mind kept busy. And there's this:
A perfect coda -- for Iraq, the housing bubble, and everything in between.
Late in 2008, Laura found the couple's new house less than a mile north of their old block, in what Langdale described as a "stepped up" part of Preston Hollow. Laura loved the floor-to-ceiling bookcases that lined the hallways, the fireplace and the large windows with views of a football-field-shaped back yard. Bush never visited the property; on Laura's advice, he agreed they should buy it. |
A perfect coda -- for Iraq, the housing bubble, and everything in between.
posted by The Cunning Realist at Monday, April 13, 2009
31 Comments:
Does he understand what he did to the country and the economy?
I think the answer lies somewhere between "NO" and "He did what he thought was best and history will judge him long after he is dead."
We (and our children and grandchildren) will, of course, pay the price for his presidency for many years and decades to come.
Why do we continue to blame everybody else for our irresponsibility? We allow politicians to amass power and abuse it. Go look in the mirror. You are the cause of the price to be paid by your children and grandchildren.
On a side note, a "football-field-shaped back yard" is just a rectangle, right? Heck, I had one of those growing up. On the other hand, my net worth has regressed to about what it was when I was growing up so there's a kind of symmetry there.
People talk about how great it is that Bush can't do any more damage now that he's out of office but we're going to experience the consequences of the last eight years into the next generation and possibly beyond.
What Bush did, even in the first year, will haunt us for the duration of my lifetime.
Note the "finger wagger" needed to remain Anonymous!
Just sayin ...
http://www.youtube.com/watch?v=rzADrNmwYI0
Thinking about his nice new house and his totalitarian security garrison and his delusional self-regard makes me very sentimental about lovely Katyusha.
Not a fan of his presidency by any stretch, but to blame the current crises on him alone is foolish and ignorant of our history: an unchedked and unnecessary Fed, a military history of intervention that began long before Bush, government intervention into markets creating false incentives for malinvestment. Bush is a symptom of a much greater problem, one that Obama is doing nothing to "change".
Anon @ 4:43p.
I'm about to finish up "Family of Secrets".
Bush isn't/wasn't a symptom.
I don't see the relevance of that book in refuting my statement.
We have a long history of doing foolish things in the way of central economic planning via the Fed, military intervenition abroad and more recently Congressional action that incentivizes private businesses and government agencies to make bad decisions in the short term.
Surely these things happened rampantly on Bush's watch... but their most recent manifestations under Bush were symptomatic of our nations allowing it for longer... that's all I meant. And that there hasn't been any huge change in the way of accountability OR policy under the new administration.
It's funny that all those years we saw great photoshoots of W working at the ranch during his vacations. Low and behold, as soon as he's out of the White House, the ranch is sold.
It was smart marketing that got us an incompetent president. The ranch was part of the imagery.
The ranch wasn't sold. Read the article.
Disappointing, in that in any proper banana republic, the exiting Big Man at least has the taste to jet to a chalet in Switzerland or Monaco or some such. A suburb in Texas?!?! Embarrassing.
And about the Katyusha -- yeah. No doubt the the little shitstain is busy self-justifying night and day. But the gate installation suggests that deep down, even a man-child like Bush knows that justice needs to be served.
-- sglover
ALOHA!!
What article? All I get is a link to a Washington Post registration! No thanks!
Annon ... don't apologize for telling people who vote DEM and REP to look in the mirror! You're DEAD RIGHT! The only reason the US TAXPAYER keeps getting treated like a doormat is because we vote like a doormat! Most everyone here has WELCOME embedded on their foreheads!
Talk about CODA!
Read the US Declaration Of Independence. There is a section in there about what we are suppose to do when there is a "LONG TRAIN OF ABUSES" in our government ... Obviously nobody has read that part yet!
You can start by going to the TEA BAG PARTY on April 15th! But of course that is too UNCOOL and not strictly PC, so beneath those of proper statist breeding and IVY LEAGUE stature! Okay then ... HEY there's free stap-ons maybe that will finally arouse the IVY LEAGUERS! Most of them have sex ads at Craig's List! Madonna's gonna be there and so is OPRAH! NOT!!!!
We'll soon see on Wednesday what a "CELEBRITY-LESS" grassroots rally will look like on TV! A rally where just the ugly no-name rabble that pay for everything attends ... Where's Jesse Jackson? Bill Maher? O'Reilley? Stern? Sanjaya? Brittany? Angelina? Sean Penn? Michael Moore? Mr Mad Money? Greenspan? Cheney?
Welfare recipients need not attend! Is that it? I guess that leaves out 99% of bank CEOs!
Okay Mr. Faud, take some time out from BKing ... I'll bring the yellow CSI tape and we'll tape you up with a pretty bow!
I will be attending the Hilo, Hawaii TEA BAG PARTY over at the gold Kamehameha statue on Bay Front.
ALOHA !!
Yeah ... HAWAII is part of the USSA!
I don't care what he's up to. I only want to hear the news of his arrest.
How odd that the very people who so vehemently supported the abuses and lawlessness of the Bush administration, the 'deregulation' that opened the door for so many slick suited grifters, the CDO arbitrageurs and naked short sellers that extracted every potential cent out of this economy leaving markets frozen, businesses collapsing, jobs disappearing and families evicted stand faced with the prospect of paying the bill for their excesses choose instead to hold a 'teabag party'.
Where is the shame?
ALOHA !!
Mr. Hedley Bowes must not pay taxes! Good for you!
Who voted for Bush? Please-e-e-e!!!
Hedley Bowes
I don't know who you're referring to, but I didn't support the abuses of the Bush administration, which were more Constitutional abuses than they were "deregulation". You must have read the term "CDO" and "naked shorting" somewhere and are now blaming such instruments and techniques for economic problems that have their roots in long past history. Our system is far from deregulated. It has inherently dangerous government control built into it, and this is the deepest root of our current situation... the flames only being stoked by Bush and Obama's administrations' incompetence.
Kaimu, you might want to look up 'teabagging' in the Urban Dictionary. Maybe then you'll understand all the snickering about the name of your organization.
It takes a Dick Armey to organize a tea bagging party!
It's funny that people bother commenting here at all.
CR never interacts.
Real blogs either don't allow comments, or, the blogger actually takes the time to interact with the commenters.
CR falls into neither of those two categories.
Disable comments say I.
I had thought to make exception for KAIMU on that post, and I apologize for implying a vote of support that did not exist.
I have been studying economics for the last 2 years as a central component of my MBA program. From my perspective, which is shared by a healthy percentage of my classmates, the assignment of W to the office of President within a whisper of the passage of the Gramm/Leach/Bliley bill was a signal to bad actors everywhere: any regulatory powers left to the government would be blithely stashed out of reach until further notice. If you doubt this, read Elliot Spitzer's February 14 2008 editorial in the NYT. You'll find the Bush administration's abuse of powers with respect to the Office of the Comptroller of the Currency profoundly disturbing. In this context, Anon @ 3:20pm is correct: the government does have tremendous advantage of power. In this case, however, that power was not exercised with the common welfare in mind rather an eye to the capture of value created through the most deceptive and questionable means our economy has seen in a century. Mr. Spitzer argued that this 'crime of the century' could have been arrested using the regulatory means at hand (even after Gramm) and for that he paid dearly. I believe Spitzer's exposure with a callgirl working for a escort firm with known connections to the intelligence services of some countries was nothing less than a political hit. Whether you share this belief or not is not central to my point: the bad business of the last several years is in evidence abroad and the product of a government inclined to enrich insiders at the expense of so much. I did not vote for Bush, I fought hard to see him go the way of Dewey. But as a citizen, I recognize that we 'bought' the Bush government and now the bill comes due. The 'tax protests' under Obama are wholly disingenuous: they betray a lingering sense of greed from those who have benefited the most. They should be willing to pay the most.
Look up 'progressive' and 'tax' in the Wealth of Nations. You will be shocked to find that the intellectual father of capital economics understood the treachery wrought by greed.
ALOHA !!
Mr. Hedley Bowes, MBA aside, have elected representatives over-stepped their US Constitutional mandates or not? Have these elected representatives, sworn to uphold the US Constitution and act as an agent of WE THE PEOPLE, represented their constituents or not?
Some of us believe we now have TAXATION WITHOUT REPRESENTATION. (in my opinion, about 90 years late!) We believe the banks and corporations have more than adequate representation, but those who actually pay taxes do not.
There is no mention of BUSH or OBAMA. Who cares which of the two party aristocracy is in power? This is not about political parties. Its about BIG SPENDING that begets BIG GOVERNMENT!
So we decided to take our grievances to the streets. Did that not happen during the Vietnam War? When was the last time anyone here was in the streets protesting US GOVERNMENT abuses?
In my PERFECT WORLD there would no longer exist the US FED or US INCOME TAXES. I'm in the streets to promote that and nothing else. If those two entities are eliminated then the REAL CHANGE will happen ... FREEDOM FROM EMPIRE!
TEA PARTY MISSION STATEMENT:
1. Limited Government-As our Founding Fathers recognized restraint of government is necessary to protect the liberties of the people.
2. Fiscal Responsibility-Government at all levels must learn to live within its means. To saddle future generations with the crushing burden of our excess spending is unconscionable.
3. Personal Responsibility-Liberty is unsustainable without responsibility. Each citizen must take responsibility for the consequences of his or her own actions while respecting the rights and dignity of
others.
4. The Rule of Law-Consistent, independent and uniform application of the law is critical to a free and prosperous society.
5. National Sovereignty-We must maintain a strong national defense, effective security for our borders, and sole control over our land and our laws.
ALOHA !!
Verc ... You need CR to hold your hand? I don't need CR to interact. Start your own blog then and disable yourself!
Cheryl ... Hummmm, yeah, I watched ONE episode of PRISON BREAK a year ago with my Mommy and we shared binkies! WOOOHOOO!! Or was that an invitation?
Nonee ... Whose DICK?
He no longer needs the prop (oh I mean ranch, my bad) so he can live where he wanted to - an insular rich conclave with people just like him that allows him to continue on which his fantasy world. He no longer has to pretend to be a rancher and clear brush so that he can get elected.
This is the real George Bush.
Does he understand what he did to the country and the economy? You're asking the wrong question - the real question is why should he care? He's walked away from every failure in his life without facing the consequences, how is this any different?
Kaimu,
Two things come to mind:
1) Since 1947 (at least) the U.S. Government has been an extra-Constitutional entity. The Constitution calls for the biennial renewal required for a standing Army. The National Security Act ensured that this would no longer be the case. I share your desire for better government and Constitutional compliance, and this is the first area I'd like to see addressed. You desire 'strong national defense' but what exactly is that?
2) I encourage you to look up Adam Smith's writings in the Wealth of Nations. His insight and eloquence on the essential need for intermediary forces in the economy (government) is as instructive today as ever. Absent these equalizing effects, too much wealth is consolidated into too few hands suffocating the underlying economy. This is akin to a 'feudal' system of greed, ultimately unsustainable and prone to collapse. Karl Marx theorized about that outcome leading to the rise of Marxism. Some economists have theorized that the pseudo-socialist institution of 'Social Security' has functioned as an economic relief valve: keeping funds in circulation through all income levels during recession acts as insurance against further economic collapse into Depression.
I believe that the idealized government you and so many others envision is appropriate only for an emergent nation in another time. Even the founders understood that the nation they brought into existence would evolve over time. Their genius is in providing a framework for Government that could evolve, and that contained within it change mechanisms. We live in a $16Trillion economy that comprises nearly 1/3 of the global economy. As a nation we need to truly embrace that and lead, rather than regress.
I actually like that they moved into rather ordinary middle class surroundings. It remains to be seen if they really stay there much.
What has gone unremarked is the abandonment of the ranch. A silly public relations construct. I am sure it will be sold, if possible, after a decent interval. Maybe Ted Nugent will buy it. The guy actually moved to Crawford so as to be near his spiritual leader, to be unfair about it.
The most hilarious thing about the ranch was the lack of horses. Bush is afraid of horses by many accounts. You would think they would have had some there just for show.
The optics on the ranch, purchased in 99 were always so bad I was always shocked they even bothered. At least once I recall some phrase printed about it being his "beloved" ranch by some commentator or reporter. Certainly a remark fit for the boot licking hall of shame.
I suppose millions of others might also have predicted with absolute certainty the Bush would abandon the stinking West Texas ranch within days of leaving the White House.
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