As I have said before, the Democratic party and US voters need to shoulder some blame for Bush's 2nd term.. They both had a chance to get rid of him...both failed.
On Mon, Mar 16, 2009 at 1:10 PM, Gruss Gott <[email protected]> wrote: > > > 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:291996 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
