does history matter . no think some bold politicians. yet ,events once again show that history may hint to future developments. 8 yeas ago the vitriolic biography on gw bush highlighted his deleterious policies in his home state, texas. the pension system was squandered by deregulation. on the aftermath of enron debacle , g w bush was elected after a much contested race as president of the united states casting his mediocre skills in the shade after sept 11 . but at the end of his mandate the economy cannot hide anymore the blunt disaster viciously nurtured by a bold and imprudent administration highkacked by lobbyists looting the long term prospects of America. The subprime crisis is the most manifest sign of this total fiasco. Were the certainties that erased the word prudence from their dictionary a recipee for disaster ?
let's go back to the time when g w bush was running texas and the warning signs of an impending disaster were very present then. but demagogy, the art of distorting the attention from the real problems , prevailed . the current disaster is the tangible result for American people.
http://en.wikipedia.org/wiki/Michael_Lind
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