Oh, now when the economy collapses as a result of trillions of borrowed (created) dollars, we good conservatives must just excuse Obama of being blindsided. Don’t give me that crap about Bush being blindsided. He was an integral party to all that happened and if he had a modicum of conservative principles he would never have consented to the use of socialism to save capitalism, what an idiot. And with respect to the auto bailout, the republicans in the senate led by Corker refused to approve it but Bush went ahead with it anyway. Until the Bushbots and Rinos leave the GOP and join up with the socialists the republicans can never successfully present a position that can win again.
I do NOT excuse Zero as being blinsided...he is using this to completely destroy us.
I do accuse Bush of being blindsided. Or he was smarter than I give him credit for.
And I am not seeing anything that says he was that smart. I simply do not think he had a clue was was easily manipulated by Bernanke and Paulson. They reached for socialism as you put it to stop the complete collapse of a whole host of financial companies. I am not sure they or anyone else had the foggiest clue of what to do. Did you? I sure didn’t.
Was it the best thing to do? I don’t think so...we could have saved trillions by letting them fall all at once instead of bleeding trillions and having the fall stretch out over the months it is going to happen.
Just a theory.