Tuesday, September 05, 2006
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Economist In Equilibrium
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Join Date: Feb 2006
Location: The Devil's Paradise
Posts: 1,742
Thanks: 118
Thanked 406 Times in 145 Posts
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Major Initiatives:
- Normalizing of diplomatic relations with the People's Republic of China and partially abandoning the Republic of China on Taiwan as part of Realpolitik, a foreign policy eschewing moral considerations. In the short term Nixon was successful in playing the "China card" against the Soviet Union and its client state North Vietnam.
- Détente, or the peaceful pause in the Cold War; détente ended in 1979, replaced by another phase of the Cold War.
- Establishment of the Environmental Protection Agency.
- Establishment of the National Oceanic and Atmospheric Administration.
- Establishment of the Drug Enforcement Administration.
- Establishment of the Supplemental Security Income program.
- Establishment of the Office of Minority Business Enterprise
- Post Office Department abolished as a cabinet department and reorganized as a government owned corporation, the U.S Postal Service.
- SALT I, or Strategic Arms Limitation Talks, led to the signing of the Anti-Ballistic Missile Treaty.
- "Vietnamization": the training and arming of South Vietnamese forces to allow the withdrawal of U.S. troops from Vietnam.
- Suspension of the convertibility of the US dollar into gold, a central point of the Bretton Woods system, allowing its value to float in world markets.
- Space Shuttle program started.
- Endorsed an enlightened self-determination policy for Native Americans that changed the direction of policy as continued from the New Deal through the Great Society.
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