Got this post this morning from Charles Payne and found it well worth the reading.

By Charles Payne, CEO & Principal Analyst

12/3/2010 9:29:30 AM Eastern Time

I thought after President Bush was out of office, the rest of the world would welcome America with open arms. I thought all we had to do was whisper sweet-nothings in the ears of tyrants in Iran and North Korea or have our new leader share a photo op with the dictator of Venezuela. I thought it was time to dust off the old passport and hit the road, although I've been hesitant because my money doesn't go far outside this country. I thought we'd have to borrow Sally Field's line: "you like, really like me" but that hasn't been the case. The real deal is we aren't going to be liked in the way promised until our obituary as the world's greatest power has been read.

Don't get me wrong, the idea that everyone on the planet hated America because of its cowboy president was never true. There is a throng of people walking past my building everyday speaking dozens of different languages and down the block you could populate a wall map of the world with pins in each nation of the people there rubbing the massive bull statue for luck. You see for years the left and media have sold us a bag of goods. Their shtick has been the promotion of self-loathing and self-doubt steeped in an intense hatred for President Bush and others they perceived as hicks running the nation.

Coupled with the housing market implosion, there was the idea that every year in America under Bush was a disaster even as there were more than 50 months of consecutive job growth, record homeownership, unemployment mostly at or under 5% and a record high on the Dow Jones Industrial Average. When I hear people that actually had a job during the eight years Bush was president regurgitate the line "those eight years were the worst" I just shake my head. So, the message was successful, so successful in fact it carried around the world.

We were taught to hate our own nation so it wasn't hard for others to do the same. The message continues today with the war on prosperity and bad-mouthing of success. Heck, we are staring at the largest tax increase in the history of mankind because of resentment to families earning more than $250,000 a year. It's mindboggling. Our leaders are saying certain people should be taxed more because they tend to save money. Just as the global economy is booming we are erecting more barriers to business abroad while our corporate taxes remain the highest in the world.

In the end, it's been the elites in our nation trying to appease the elites in other nations with their respective media as proxies. They got the global apology tour that they desired and so far we have gotten less help in Afghanistan and more demands for more money to fight global warming. Every nation has its warts and blemishes. Where I come from the saying is "it's not where you're from its where you're at" and America is at a place it can be proud of. But, we need to look around and see that the world is getting by without us more and more as we reenact the feud of the Hatfield and McCoy's.

Most importantly we need to act hungry and embrace the notion of exceptionalism. I for one want to get back to the point where we earned the title of the Ugly American because of our swagger, our game, and determination to stay number one.

I'm giving a speech to Orange County New York Manufacturers next week and I will speak about the need to have an America's Fair to rival the World's Fair held in Chicago that sparked the industrial revolution and American Exceptionalism. There should be a pot of $50.0 billion set aside for real innovation (and designed in a way not to be another bailout of GE) like true alternatives to fossil fuels besides 1,000 year old technology. We keep hearing about "jump-starting" the economy but the only way to get that done is to encourage success and reward achievement.

I think we announce it now and have it in Texas in the same area we hoped to host the World Cup. It could be held in three years. We want the tinkers, the thinkers, and the small businesses of the nation to push the lumbering giants - in short we can change the world, again.

Views: 52

Tags: Bush, Ugly American, exceptionalism, unemployment


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Comment by Marlie on December 4, 2010 at 4:40pm
Certainly, not dead. But the pessimist in me thinks it may be dying.
The optimist in me will defer to the words of the late Paul Harvey, "In times like these, it helps to recall that there have always been times like these. Tomorrow has always been better than today, and it always will be...."

I hope Mr. Harvey is right.

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