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THE BUSH PRESIDENCY Sec. 32-2 Pages 928-933

THE BUSH PRESIDENCY Sec. 32-2 Pages 928-933. Define: Coup – envoy- bankruptcy Identify: Election of 1988 – George H.W.Bush -START – Lech Walesa- Boris Yeltsin – Gen. Manuel Noriega- Saddam Hussein – Gen. Norman Schwartzkopf - Balkans War-. Election of 1988.

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THE BUSH PRESIDENCY Sec. 32-2 Pages 928-933

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  1. THE BUSH PRESIDENCYSec. 32-2 Pages 928-933 • Define: Coup – envoy- bankruptcy • Identify: Election of 1988 – George H.W.Bush-START – Lech Walesa- Boris Yeltsin – Gen. Manuel Noriega- Saddam Hussein – Gen. Norman Schwartzkopf- Balkans War-

  2. Election of 1988 • Rep.- George H. W. Bush / Dan Quayle “Read my lips – no new taxes” • Dem.- Michael Dukakis/Lloyd Bentsen • Bush wins – 426 electoral votes to 112 • Democrats still control House and Senate

  3. Soviet Union changing • 1988- Gorbachev stressed a “new world order” • People around the world want independence, democracy, and social justice • Continue programs on arms control • 1991- Strategic Arms Reduction Treaty (START) destroy tanks and other nuclear weapons • Soviet people endured shortages of food, basic items – expressed dissatisfaction of Communist rule

  4. Freedom spreads • Soviet satellite nations begin to demand change • POLAND Lech Walesa, leader of Solidarity ( labor union of shipyard workers) – led reform movement – will eventually have open elections in June 1989. Other Eastern European countries had demonstrations – opened borders Nov. 1989- Berlin Wall torn down – iron curtain concept begins to disappear. 1990 East & West Germany reunite

  5. Collapse of Soviet Union • Gorbachev faced opposition within – hard-line communists in military and secret police resisted change – Aug. 1991 staged coup – held Gorbachev captive –ordered soldiers to seize parliament building. • Pres. Boris Yeltsin stated democracy would win – Pres. Bush would support. Gorbachev released • Soviet republics (15) declared independence- Yeltsin outlawed the Communist Party • Dec. 25, 1991- end of Soviet Union • Spring 1992- Pres. Bush and other leaders pledged $24 billion in aid to former Soviet republics.

  6. PANAMA • Pres. Bush declared war on drugs – affected Bush’s policy in Central America • Gen. Manuel Noriega – corruption and political repression – charged with drug trafficking in 1988- refused to yield power to newly elected president, Guillermo Endara • Dec. 1989 Bush ordered US troops to overthrow Noriega- surrendered – later convicted in US court

  7. Foreign Policy CHINA • Pres. Bush former CIA director- envoy (diplomatic representative ) to China in 1974 • May 1989 Chinese students and workers demonstrated for democracy – China’s gov’t sent troops in Tiananmen Square killing hundreds. • Bush avoided criticism to keep trade with China.

  8. Persian Gulf War • Aug. 2,1990 – Iraq’s Saddam Hussein sent army into oil rich Kuwait – • Pres. Bush and other nations joined Operation Desert Shield- troops sent to Saudi Arabia to prevent invasion • Gen. Norman Schwarzkopf commanded coalition forces – UN gave deadline of Jan. 15, 1991 to withdraw or allies would use force. • Iraq refused –allies launched Operation Desert Storm on Jan.16th.

  9. Operation Desert Storm • Allies used laser-guided missiles –bombing to destroy Iraq’s air defense and military targets • Late Feb. allies began ground war –within a week, Iraq accepted allied cease-fire terms – pulled out of Kuwait. Iraqi troops set fire to oil wells as they fled. • US celebrated success – Gen. Colin Powell, chairman of Joint Chiefs of Staff , Schwarzkopf and Pres. Bush soared in opinion polls.

  10. Balkans War YUGOSLAVIA 1991 – Republics of Slovenia, Croatia, and Bosnia-Herzegovina declared independence. Croatia & Bosnia populated by Serbs – fought to hold on to areas – thousands died in civil war. Atrocities committed outraged world leaders. 1992- United Nations passed resolution placing boycott on trade with Serbia until the fighting stopped.

  11. DOMESTIC POLICY • Pres. Bush faced banking crisis – Reagan’s term had cut regulations, easing restrictions on savings and loan associations • (S&L)- financial institutions that specialized in making loans to buy homes. • New laws allowed S&L managers to offer attractive returns to savers for making risky loans. When borrowers could not repay loans, real estate values dropped. • S&L companies lost money – gov’t had to pay out billions to customers of failed institutions. Eventually, this cost gov’t $500 billion.

  12. US Economy • Federal debt rose – business and personal debt grew – by 1990, US in recession. • Many people and businesses declared bankruptcy ( condition of being unable to pay one’s debts - selling off everything they owned to pay debt) • Job losses – military cutbacks hurt economy • People asked gov’t to stimulate economy – Pres. Bush refused; however, he extended unemployment benefits

  13. Bush Accomplishments • 1989- Created Office of National Drug Control – provided federal agencies to stop drug war. • 1990- Clean Air Act • 1991- Americans with Disabilities Act Law - combating job discrimination- required institutions to provide disabled people with easier access to workplaces, communications, transportation, and housing

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