Although Hofmeister’s speech focus was primarily devoted to a reiteration of leadership at all levels, which is built around seven key points of a book on the way to publication, the former Shell Oil chairman rebuked both Presidents George W. Bush and Obama for their unrestrained desertion of fiscal responsibility.
Emphasizing his political standing as a registered Democrat, Hofmeister nevertheless severely criticized growth of the national debt under the Obama Administration to an unsustainable level. However, he also blamed George W. Bush for waging two unpaid-for post-911 wars, while also substantially reducing taxes, and adding drug benefits to Medicare, with no offsetting tax input.
However, Hofmeister reserved his severest criticism for President Obama, and his irresponsible expenditures of borrowed money to impose a risky healthcare plan on the American people. This was done, Hofmeister said while forsaking a deteriorating economy and turning a blind eye toward growing unemployment.
While applauding the energy sector’s aggressive "fracking" technology, he warned of the equally intensive push-back by the Environmental Protection Agency and its extremist anti-fossil fuel head, Lisa Jackson.
In answer to my question to Hofmeister regarding the President’s indiscriminate use of "executive orders," the totality of which already exceed those issued by the 43 Presidents that had preceded him, Hofmeister felt that these could be revoked by a succeeding President.
When I followed up with "What if Obama is re-elected," Hofmeister stated his belief that the American people would not tolerate a dictatorship. I’m afraid I’ve heard that song before, during my early European years.
For future easy access to my blogs, please use the link below, and bookmark it to your desktop. The old link you may be using is still available. However, an alternate link is: http://mydesert.com/beschloss