One minute you try to exonerate Fannie and Freddie, who bear direct
responsibility for this mess, and the next minute you want to blame it all
on Bush. You are the one who isn't thinking clearly.

On Tue, Sep 30, 2008 at 4:46 PM, Gruss wrote:

> >
> Derivatives caused the problem and it's possible on the order of $50
> trillion.
>
> Bush has been captain of the ship for almost 10 years.  Well, over 7.
> He crashed the ship.  It's just the way it is.
>
>


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