Manifestation: Guardian Unlimited | The Guardian | When faith meets reality: the obstacles ahead for a president in a hurry

Wednesday, January 19, 2005

Guardian Unlimited | The Guardian | When faith meets reality: the obstacles ahead for a president in a hurry: "House disdains such 'reality-based' thinking in favour of a more 'faith-based' approach, as a senior official famously told the New York Times. It believes the United States is so powerful and the administration's will so strong, it can create its own realities. "

At 11:09 PM, David said...: This was an interesting article, Pantea. Bush seems to be living in fairy tale land! I think that things in Iraq will probably get much worse. I am also very much against Bush messing with the Social Security system. I have invested in stocks on and off for years, but I have not made very much money doing so. I am not confident at all that I could make money for retirement in one of Bush's private Social Security accounts. Also, the article mentions that the U.S. economy is kept afloat because foreign countries finance out National Debt by buying U.S. Treasury Bills (these are like bonds, but are guaranted by the U.S. Government). Ironically, the biggest investers in these Treasury Bills are Saudi Arabia and China, two notoriously anti-democratic countries. If other countries someday loose faith in the U.S. Government's ability to repay its debt, and therefore, stop buying Treasury Bills, the U.S. economy will fall like a house of cards!