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Trading Lessons

Goodbye President Bush, History will Remember You For..

Politics / US Politics Jan 20, 2009 - 02:38 PM GMT

By: Nadeem_Walayat

Politics

Best Financial Markets Analysis ArticleWhat will be George Bush's greatest legacy in decades to come ?

Sept 11th - "There's no doubt in my mind, not one doubt in my mind, that we will fail." Oct 01


The War on Terror ? - "Our enemies are innovative and resourceful, and so are we. They never stop thinking about new ways to harm our country and our people, and neither do we." - Aug 04

The Iraq War ? - “You‘re free. And freedom is beautiful. Any, you know, it'll take time to restore chaos and order – order out of chaos. But we will."

The Iraqi Insurgency ? - "The vast majority of Iraqis want to live in a peaceful, free world. And we will find these people and we will bring them to justice." - Oct 03

Financial Collapse ? - "I've abandoned free market principles to save the free market system." - Dec 08

Foreign Affairs ? - "I've heard he's been called Bush's poodle. He's bigger than that." - June 2007

Gun Crime ? - "For every fatal shooting, there were roughly three non-fatal shootings. And, folks, this is unacceptable in America. It's just unacceptable. And we're going to do something about it." - May 2001

Intellect ? - "There's an old saying in Tennessee — I know it's in Texas, probably in Tennessee — that says, fool me once, shame on — shame on you. Fool me — you can't get fooled again." - Oct 05

The worst recession since the Great Depression. - "So I analyzed that and decided I didn't want to be the president during a depression greater than the Great Depression, or the beginning of a depression greater than the Great Depression."— Dec 08

Yes, many decades from now George Bush will be remembered more for his bushisms than any single one of the litany of disasters.

"You know, I'm the President during this period of time, but I think when the history of this period is written, people will realize a lot of the decisions that were made on Wall Street took place over a decade or so, before I arrived in President, during I arrived in President."

What's your favourite bushism? Post below.

By Nadeem Walayat
http://www.marketoracle.co.uk

Copyright © 2005-09 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Nadeem Walayat has over 20 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis specialises on the housing market and interest rates. Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication. We present in-depth analysis from over 250 experienced analysts on a range of views of the probable direction of the financial markets. Thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

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