......George W. Bush didn’t create this boondoggle.....
Being a conspiracy lover, I wonder if that is truly the case. If not, why did he choose to announce the crisis so soon before the election? Would a few weeks have mattered?
He has nothing to lose, he is outa there.
He assured the defeat of McCain. He made the rats face the reality of the financial problem. He allowed banks to borrow an increase in assets to strengthen balance sheets. He is going to reduce the UAW stranglehold. He smoked out all the hidden decay amd some that was really hidden. He got revemge for Hank Greenburg. He killed Leahman Brothers. He has Venezuela nad Russia on their financial knees. He set Obama up with multitudenous disasters to cripple the leftist surge before it can begin. He forced them all to react rather than act. He gets revenge for the sleezy Clinton non transition.
His announcing the crisis didn't CAUSE the crisis, and everyone could see it anyway. Not announcing it wouldn't have made any difference in the McCain campaign. Folks were mad about the economy, and since the MSM laid ALL the blame for it at the feet of Bush and the Republicans, voters decided that if they changed to the Democrats their problems would be solved. McCain, and the Republican party did a pi$$-poor job of explaining how the financial mess was created, and by whom it was created. THAT'S why McCain lost; oh, yeah, and the 20% of conservatives who inexplicably voted for Obama didn't help either. I guess they were the folks who truly wanted to 'bomb the village, in order to save it".