Topic: Foreign Policy
Bush's Isolationist Policies Cost U.S. 94 Billion since 9-11 The Bush administration's unwelcoming isolationist policies since 9/11 have cost the US 94 billion in foreign travel spending, 200,000 jobs, and 16 billion in lost tax revenue.by Michael McDonnough
(Libertarian)
Friday, November 2, 2007
The Bush administration's unwelcoming isolationist policies since 9/11 have cost the US 94 billion in foreign travel spending, 200,000 jobs, and 16 billion in lost tax revenue.
The uninviting way the United States treats its guests has run off a lot of foreign travel spending it seems. It makes me wonder how they can call Ron Paul's policies isolationist when this administration has acted in ways that directly harms foreign trade and travel.
With the dollar at an all time low thanks to the Bush doctrine of preemptive war you would think that foreign travel would have increased now that foreign tourist money can go a lot further in a holiday in the United States but it has not. This is mainly to do with the rough treatment that the TSA has given everyone who travels into the United States. If Ron Paul becomes President of the United States there would not be a heavy handed government bureaucracy like the TSA any longer and airlines would be free to provide security on their own and could make the experience far more pleasant which they would because it will increase travel and thus revenue to their bottom line.
A figure that is far more difficult to measure is sentiment, and I would venture that the way people overseas feel about the United States due to the hostile foreign policy pursued by this administration is increasing America's isolation from the world. A policy of non-intervention as Congressman Paul has endorsed as part of his campaign platform would correct this sentiment and no doubt improve the standing of the United States in the world community.
As our foreign policy stands under the Bush doctrine of illegal invasion and preemptive war along with the massive growth in the police state and increased federal bureaucracy the cost has become staggering. With our national debt at the highest in the history of the United States and the added entitlements created by Bush's increased welfare spending promising even more staggering debt in the future investors are pulling out of US dollar denominated securities at an alarming rate.
To sum up this article we see that the Bush administration's interventionist foreign policy is the true isolationist policy and Ron Paul means to change that if elected with his non-interventionist policy.
It is clear that Ron Paul's asset based currency monetary policy is also going to be very popular with both foreign investors as well as the middle class who can then invest easily for retirement and not worry that the FED will inflate the currency ruining the value of their savings at such an alarming rate.
Did you like this article? If you did, Thumb It! 28 thumbs so far
2007 Michael McDonnough, all rights reserved.
Published: Friday, November 2, 2007
Last modified: Friday, November 2, 2007
The views expressed in this
article are those of Michael McDonnough only and do not represent
the views of Nolan Chart, LLC or its affiliates. Michael McDonnough is
solely responsible for the contents of this article and is not an
employee or otherwise affiliated with Nolan Chart, LLC in his/her role as a columnist.
Calling Dr. Paul "isolationist", among other things, puts his supporters on the defensive. I'm seeing it all over the web. The problem is, no battle was ever won on the defensive.
"It is clear that Ron Paul's asset based currency monetary policy is also going to be very popular with both foreign investors as well as the middle class . . ."
It's true: some of Ron Paul's most vociferous support comes from abroad; but not merely for monetary reasons: they see him as the best hope to dismantle a dangerous American hegemony which, if Russia throws its weight behind Iran, threatens to start a third world war.
Posted By: Walt Thiessen
Date: 2007-11-03 08:08:31
Actually, I believe the evidence shows that President Bush's isolationist policies have cost us far more than the $94 billion cited by the article. His Iraqi experiment alone has cost us close to half a trillion dollars so far, and according to numerous sources the final tally could easily reach $2 trillion by the time everything is said and done there.
This doesn't even begin to measure the cost to America in goodwill around the world that Bush's foreign policy bumbling and stumbling has cost us. Nor does it include the cost to our nation's security, which has been considerable despite Bush's claims to the contrary. And it certainly does not include the cost of innocent American and Iraqi blood, for which no price can reasonably be placed.
Add in the fact that our country is already about $9 trillion in debt, that the current administration is still running a budget deficit in the hundreds of billions, as well as the fact that there's a looming crisis in social security and medicare on the horizon, and I think it's safe to say that Bush's policies could easily prove to be the straw that broke the country's back.
Unfortunately, it could be many years before our elected leaders finally admit that our country's back is broken, which they will only do when there is no other option available to them to continue to deny reality.
Posted By: Michael McDonnough
Date: 2007-11-04 18:20:21
I have to admire the audacity of the neocons to go out of their way to spend the United States into the greatest debt level in the history of the world. They just took office in the White House and started gutting the Republic and feeding it to their Empire. Now they protect their ill gotten gain by trying to support through stealth the selected Democrat Hitlery for President. They will throw any of the Republican contenders for the Presidency under the wheels of the globalist socialist agenda.
Ron Paul would be far too populist and abide the will of the people, and all of the big government police state measures would lose their funding and they would not want that, free people roaming around their own country like free men sounds hard to control and manage. Control freaks are now in power and what do we want, a man who says that he wants to be President for what he does not want to do like run our lives. That is a very hard tactic to beat in a popular race. Ron gets his message out and the game changes for good.
Posted By: Michael McDonnough
Date: 2007-11-04 18:33:58
Walt,
I had to narrow the focus of the article to this new information. Everyone should know the bill for this war and many other idiocracy inspired performances by this administration by this time. I chose to limit the article to address this most recent information and also included the dollar dumping information because the same people have their hand in this as well.
This administration has been one of the global bankers bestist friends ever in history. I think they are setting up this devaluation of the currency to get it more in line with the Peso.
Want to comment on this
article? Leave your comment here. Your email address is
required to track your comment. However, we will neither
publish your email address nor distribute it to other
organizations or persons. The only reason we might use
it would be if we needed to contact you regarding your
comment. All comments are subject to our
terms of use policy.
2007 Michael McDonnough, all rights reserved.