In these essays, James K. Galbraith wrote the history of George Bush's presidency while it happened. From the judicial fiat of December 2000, through 9-11 and on to the Iraq war, Galbraith foresaw the decline of American democracy, the rise of a 'corporate republic' and the consolidation of an insidious economics of empire. This work contains Galbraith's most influential recent writings on current affairs along with new commentary, and explores both the descent to disaster in Iraq and the ongoing transformation of the American economy under the steerage of Alan Greenspan. Important contributions examine the new U.S. strategic doctrine, the adverse economics of wars of occupation, the collapse of the technology bubble and its aftermath, the campaign against Social Security, the political economy of the 2004 election, the subversion of American voting as witnessed in Ohio, Hurricane Katrina and the fate of the dollar.
Introduction
Acknowledgements
Permissions
PART 1: ABOUT BUSH
Corporate Democracy; Civic Disrespect
Lies, Dumb Lies, and Sample Statistics
Defending Democrats...and Democracy
Tracking Down the Corporate Crooks
The Realities of Resistance
Why Bush Likes a Bad Economy
Bush's Hail Mary
The Plutocrats Go Wild
Dissecting Cheney
Waiting to Vote
Abolish Election Day
Democracy Inaction
The Floodgates Have Opened
PART 2: ABOUT WAR
National Defense
The Future Oil War
The Cheney Doctrine
The Unbearable Costs of Empire
The Paramilitary Mind
What Economic Price This War?
Still Wrong: Why Liberals Should Keep Opposing the War
Don't Blame Rumsfeld, Blame Bush
The Iraqi Quagmire
War and Economy Don't Wear Well
How You Will Pay for the War
The Economics of the Oil War
Boom Times for War, Inc.
The Gambler's Fallacy
Withdrawal Symptoms
PART 3: ABOUT GREENSPAN
Back To the Cross of Gold
Greenspan's Error
The Free Ride of Mr Greenspan
There's Some Good News That's Bad News
Greenspan's Whim
Greenspan's Glasnost
The Butterfly Effect
The Credit, Where Credit is Due
Stop the Sabotage Coming from the Fed
The Charge of the Fed Brigade
We Cannot Have Discipline, So We Must Have Pain
The Swiss Guard
Watching Greenspan Grow
The Man Who Stayed Too Long
Bernankenstein's Monster
PART 4: ABOUT THE ECONOMY
I Don't Want To Talk About It
The Sorcerer's Apprentices
Is the New Economy Rewriting the Rules?
So Long, Wealth Effect
Incurable Optimists
Enron and the Next Revolution
Share Revenue, Save Jobs
Hangover In America
The Big Fix: The Case for Public Spending
Bush's Tax Package and Economic Reality
Cashing Out
Bankers Versus Base
Keeping It Real for the Voters
Dazzle Them With Demographics
Social Security Scare Campaign
Apocalypse Not Yet
Taming Predatory Capitalism
Index