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In another amazing display of audacious opportunism, President Bush has discovered a way to pour another trillion dollars into the pockets of his corporate friends.
In his first term Bush was able to turn the tragedy of 9/11 into a bonanza for his friends by initiating the war in Iraq. He panicked the Congress into authorizing the war, abandoning its constitutional prerogatives, and granting him unprecedented executive powers.
Most of a trillion dollars has gone into the pockets of American corporations who supplied material, transportation and construction services, and even paramilitary operatives, to create an American military bastion that will ensure American access to Iraqi oil for generations to come.
The only downside was the loss of a few thousand American patriots who gave their lives, a few tens of thousands of physically and mentally wounded, many who now wander the streets of America, homeless, or populate our prisons, because with all that expense we can’t afford the medical and mental treatment they need.
There was no financial cost to Americans, who received tax cuts while the transfer was financed by adding to the deficit. It was a breathtaking, audacious transfer of wealth from the public to the corporate domain.
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