From The Little Administration That Couldn't By Tom Engelhardt:
History may not repeat itself, but the administration's repetitive acts these past seven years make an assessment of our economic situation possible, even if you are an economics dummy.
Just consider the record: Administration officials proved incapable of rebuilding two countries that their military occupied and damaged. In Afghanistan and Iraq, while talking up the President's "freedom agenda," they were the equivalent of a natural disaster, a whirlwind of destruction.
And now, with a mere ten "lame duck" months to go, comes the American economy…
You don't faintly need to understand economics to grasp the immediate danger. The people overseeing the handling of this crisis have done little these last years but hand money over to the rich, while running American power into the dirt.
Let me review our history lesson for a moment: No to nation-rebuilding, no to city-rebuilding, no to Congressional majority-building…
Who dares imagine that the people who brought you Iraq, the war, could begin the rebuilding of an economy, or even successfully caulk the cracks in the levees of a system that, in its complexity, puts Iraq's feeble economy to shame?
In some ways, an administration -- whatever its periodic changes of personnel -- can be compared to an individual. At a certain age, its urges become predictable, its habits set, its limits largely known. While change may be possible, you wouldn't want to bet your house on it.
So what exactly has the Bush administration proven itself good at? The twin skills of destruction and looting would stand at the top of any list. Perhaps that's because it chose to put its "eggs" in only two baskets -- those of the U.S. military and crony corporations.
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