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Re: teapeebubbles post# 29060

Monday, 05/14/2007 10:46:16 PM

Monday, May 14, 2007 10:46:16 PM

Post# of 95274
Bush's term comes to an end, a columnist for a leading business news service wrote on Monday, Republicans see "doom and gloom."

"While the other major democracies have, or are about to have, new leaders, America is mired in a rudderless status quo," writes Al Hunt of Bloomberg News, who hosts the weekend news program Political Capital. "A new embarrassment or scandal – Alberto Gonzales, Paul Wolfowitz, Karl Rove – seems to surface daily; the only good news for the White House is that occasionally these stories overshadow the bad news coming out of Iraq."

As a consequence, Hunt writes, negativity exists among Republican leaders about the party's current state.

"Private conversations with Republicans throughout America reveal doom and gloom about a politically paralyzed presidency and party," he notes. "Almost two-thirds of Americans disapprove of Bush's job performance; that is Richard Nixon territory."

Hunt also sees paralysis looming in Bush's efforts to set national policy for one large reason – the Iraq War.

"While the president can veto most initiatives of congressional Democrats, his once-ambitious second-term dreams of overhauling Social Security and the tax system and dealing with America's health-care crisis have evaporated," he argues. "Accordingly, Bush will probably spend much of the next year and a half sparring with critics, including a growing number in his own party, over an Iraq war policy that few believe will succeed."

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