Dollar touches 12-year high writes …
… the Globe and Mail. The markets are telling us what they expect from another Bush administration. Oil prices jumped up, as did the Dow Jones before losing 1/3rd of the gain. The US-Dollar Index, the international measurement of the United States’ value, did tank, lifting the Canadian Dollar and other foreign currencies. Just like with the moral status of the US this is just the start of a dive – the endgame, years from now, will be the loss of the international reserve currency status the US$ has had for a long time.
Some hope for or expect a milder Bush in his second term. I see no reason for such thoughts. Just ask the ideologists what they expect from their leader.
Tom Donnelly writes in the Weekly Standard about What Next?. He speaks of “the American war in the greater Middle East” and
the Middle East war is now more clearly a long, twilight struggle to be punctuated by periods of combat, occasionally very intense. Just as Korea and Vietnam were really campaigns in the larger contest of the Cold War, so Afghanistan and Iraq are campaigns in a larger Middle East war.
A clear call for further aggression: “Simply completing the job in Iraq or Afghanistan will not be enough”. Note to Iran and Syria, you better get the bomb now. With Arafat dying and with a new Bush mandate, Sharon will annex or destroy the West Bank and anything else he can get away with without receiving a world wide economic embargo. And where he does not have the capacities, Bush will provide everything that’s needed. A change in Syria, a new regime in Iran, access to Saudi oil – just ask and Bush will deliver.
Bill Bennett, Mr. Right Wing Morality and addicted gamer, writes in the National Review Online about The Great Relearning:
President Bush now has a mandate to affect policy that will promote a more decent society, through both politics and law. His supporters want that, and have given him a mandate in their popular and electoral votes to see to it. Now is the time to begin our long, national cultural renewal .. – no less in legislation than in federal court appointments. It is, after all, the main reason George W. Bush was reelected.
This more decent society will take any undecency the progressives developed throughout the last twenty, thirty, forty years and reverse whatever is possible. It will be a mandated decency for everyone expect for those who rule and deal the cards. It’s the decency of Abu Ghraib for the homeland. Forget Roe vs. Wade, social security and other milestones – they are gone. Maybe fifty years from now, some may return.
Get used to it, or fight.