What a joke.
Read the whole article and didn’t see one sentence from the author on what Bush did or did not do, or should or should not have done to prevent “his” recession.
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The author was recounting Roubini’s report ,, Roubini seems to be stating the obvious ... this will be a bad one and there is really nowhere to hide. The author is correct in asserting that this will be hung around Bush’s neck for all time.. I’m convinced Bush is at least partly to blame for encouraging the wholesale dismantling of lending safeguards to pump up the economy after 09/11 and to get Mexicans credit cards and into homes.. the same dismantling of normal lending requirements sucked in legions of speculators and the cash bonanza spawned CDO’s and CMO’s and all sorts of derivatives that are now imploding... Greenspan bailed just in time,, he cheerlead the entire process.