In an 11 August 2003 article for CounterPunch, titled "Homeland Security for Whom?", I suggested that Bush's homeland security apparatus "might even bankrupt the country and, perhaps intentionally, throw it into a Depression."
Why, four years ago, did I believe that Bush would intentionally throw the country into a depression?
Because, having already shot his terror load on 9/11, it was obvious that he would need another pretext to impose the de facto military dictatorship he and his oil company coterie so cravenly desire.
The pretext presented itself yesterday, when the Republicans (of all people!) voted down Bush's 750 billion dollar bailout package for the rich. I watched on TV while a newscaster quoted White House spokespeople as saying that Bush was upset, but not especially concerned, because he did not need Congressional approval to get his way. They said he could use special executive powers.
Is that true?
Has the Long-Awaited National Emergency Finally Arrived?