Here is an obvious statement of an Untruth. Bush is not hearing the Consensus of American military leadership about further American involvement in Iraq. The Words might resound, but the Administration has already given indication that they are going to ignore the Reports. A short Rundown of the Situation might be revealing. The Iraqi Military and Police about on a numeral par with foreign fighters (call them al Queda, Terrorists, whatever), who find it unnecessary to announce their presence except through Terrorist attacks. I also believe that the Iraqi Army and Police are outnumbered by the militias by about 8:1. Everyone seems to be efficiently armed. American Military leadership here suggests a complete Turnover of the Iraqi Police, because of later’s corruption and affiliation with the militias. No One mentions that Police recruitment will be hard due to the obvious Short-term employment at high risk and low Pay, or that the Police cannot work the territories of Iraq without some affiliation with the localized militias. The humor is American military leadership’s praise of the Iraq Army, trained by themselves, and which is not deployed because of the real fears of rapid attrition of such elite forces; at least in Vietnam, We attempted to waste ARVIN forces at the same pace as American Troops. Which Side of this Debate are We supposed to listen and support?
Here is another indication of the current American leadership. Ben Bernanke first states it is not the Mission of the Fed to protect Investors from the Costs of their mistakes, but will move to protect the national economy. I will not enter a debate suggesting that the sole Mission of the Fed is to secure the national Banking system, not the economy. Attempts to underwrite the success of the national economy will always introduce insecurity into the financial institutions. A notable aspect here is that the Fed has already endorsed Congressional financial excess by basically underwriting Sale of U.S. Treasuries–this from a central bank whose Charter and Duty is to restrict unsupported financial instruments.
Here We have a Case of Presidential Doublespeak. The Message, which is a preview of the Message, outlines what the President is about to say; meaning that authorized Leakers have been told to expound what the President can’t really say; all before the President says what he is going to say. The first element states that the President is moving to save Wall Street, the reason behind the repetitive denial of the obvious. The Whole is predecessor activity prior to allowing the Fannie Mae and Freddie Mac Investment limits to be raised–check the Trice-stipulated denial, Bush must present angelic appearance to the Right of his Party. Reality states Wall Street need the large Mortgages to be underwritten (over $250k), while the lower Mortgages are relatively sound. It is interesting that George W. Bush never worried about poor people being forced out of their homes in Texas, while he was Governor combined with a high Foreclosure rate. lgl
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