> Stroz wrote: > easily be pinned on Bush, regardless of whether or not Bush is actually at > fault. >
Yeah, well, where we probably disagree is what is and isn't Bush's fault: the economy, Iraq, Iran, Afghanistan are all Bush's fault. The key is that Obama owns the solution; the accountability and responsibility for solving the problems that Bush created (in the case of foreign policy) or let fester and multiply like the economy. People might point out that, hey, the problems Bush created were so large that nobody could solve them so it's not fair to hold Obama to account. That might be true but Obama volunteered so it is "fair". And, btw, the depth and level of willful ignorance on the part of his administration on the economy continues to grow daily. I am truly shocked that none of these guys raised the flag. And this includes Bernake and Geithner and Summers amongst hundreds of others. A leverage bubble that's never been greater since the Great Depression and $1000 trillion dollars of nominal value in derivitives??? They KNEW about this - it's documented. Yet they just stood by. Greenspan, in fact, was approached by a deputy back in like '03 who told him that subprime had grown from less than 1% of the market (the congressional level btw) to over 20%. He flatly didn't believe the number. How did these guys just walk away from these red flags? It's going to be a fascinating story. I hope Michael Lewis writes it. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:291933 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
