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Bush: President Bush
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His father, Prescott Bush, was a successful investment banker and a Republican Senator (1953–63) from Connecticut. After graduating from Phillips Academy in Andover, Mass., he served as a fighter pilot during World War II and was awarded the Distinguished Flying Cross. He studied at Yale after the war and subsequently moved to Texas, where he cofounded the Zapata Petroleum Corp. In 1966, he was elected as a Republican to the U.S. House of Representatives and sold his business interests. After losing a race for the U.S. Senate in 1970, he served in several important posts under Presidents Nixon and Ford, including ambassador to the United Nations (1971–73), chairman of the Republican national committee (1973–74), chief of the U.S. liaison office in China (1974–75), and director of the Central Intelligence Agency (1976–77).
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Bush himself is a former Texas oilman. His company, Arbusto, was on the verge of bankruptcy when it merged with Spectrum 7 in 1984. Harken Energy bought Spectrum in 1986, and Bush was given a seat on Harken's board. He went on to become managing general partner of the Texas Rangers baseball team before entering politics. Vice President Dick Cheney was the CEO of Halliburton, the world's largest oil field services company, until he joined the Bush ticket in 2000. Halliburton's activities in the Middle East have drawn scrutiny.
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For the third year in a row President Bush has sought to limit the Federal Upper Limit (FUL) pharmacies receive for participating in this program that provides economically disadvantaged Americans with their medication needs. The number has been reduced from 250% to 150% of Average Manufacturer price (AMP). This reduction significantly limits the ability of small business owners to serve their communities and patients. The Government Accountability Office has already calculated that a FUL reimbursement set at a maximum 250 percent of AMP will lead to reimbursements falling 36 percent below acquisition costs. Using a reduced 150 percent figure will likely cause reimbursement to fall more than 50 percent below the costs of the drugs themselves, without even considering the cost to dispense drugs.
Bush ... had his share of problems. Many historians believe that Bush ran a negative campaign in 1988 which affected his ability to govern the country. Congress refused to confirm his nomination of former Texas senator John Tower for secretary of defense. He inherited problems with the Department of Housing and Urban Development (HUD). Other critics said he lacked vision and leadership. He also had a relatively inexperienced vice president in former Indiana Senator Dan Quayle.
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The language of good and evil -- central to the war on terrorism -- came about naturally, says David Frum, the author and former Bush speechwriter. From the first, he says, the president used the term "evildoers" to describe the terrorists because some commentators were wondering aloud whether the United States in some way deserved the attack visited upon it on September 11, 2001. "He wanted to cut that off right away," says Frum, "and make it clear that he saw absolutely no moral equivalence. So he reached right into the Psalms for that word." He continued to stress the idea, Fineman reports. Osama Bin Laden and his cohorts were "evil."
-- "President Bush has left the GOP in a precarious state. But the party's candidates can learn much from his failures," Editor-at-Large Evan Thomas writes in the opening essay of the January 28 issue of Newsweek. "It is too late to reinvent the party's core beliefs," Thomas writes. "But the GOP candidates can embark on a more humble mission: to show, in effect, some humility. By examining Bush's hubris, his almost willful disregard for annoying counterarguments, the Republican candidates can demonstrate a greater level of critical open-mindedness and self-awareness -- they can show that they are not deluded by wishful thinking and Manichaean narratives." Newsweek reports that a dispirited Republican Party struggles to find its post-Bush path.
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