Fraud is the creation of trust, and then its betrayal; a breach of confidence, perpetrated for profit or to gain some unfair or dishonest advantage; to cheat.
In lieu of our current presidential term coming to an end, critics are pointing the finger….in one direction. Placing blame for the unsuccessful probe in Iraq, blame for the current financial crisis, and for the massive deficit our country has accrued under the current administration, The Boston Globe’s H.D.S. Greenway singles out President George W. Bush and “his team” responsible, labeling it among the worst administrations in our history.
Comparing his current reign with that of his predecessor Bill Clinton, Greenway debuts by reminding us that “Eight years ago, the United States had a budget surplus, peace and prosperity reigned, and America was universally respected”. Further breaking down the countries current plight and placing harsh reprehension, Greenway lists multiple contributors for his rationale.
Beginning with the botched job in Afghanistan, Greenway cites that necessary attention and resources were never committed yet, we engaged in the preemptive war in Iraq under the supposed notion of existent weapons of mass destruction, spreading of democracy, and helping Isreal. Further, he breaks down the illegitimacy of those notions, stating, “Iraq is, and always was, a diversion to the struggle against Islamic extremism. Al Queda in Mesopotamia didn’t exist before Bush invaded. And Iran has been immensely empowered.”
Subsequently, Greenway condemns the “ideologically driven, hopelessly incompetent administration” responsible for the sweetheart deal that the Security and Exchange Commission allowed, enabling investment brokers to increase their debt in proportion to their capital, and then failing to police them as well as pushing deregulation to an extreme.
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