In his book, “Decision Points,” out today from Crown, Mr. Bush says his bank bailout proposal was “a breathtaking intervention” and “the last thing I wanted to do,” but defended it, saying “the only way to preserve the free market in the long run was to intervene in the short one.”
Bull Crap. The only way to preserve the leviathan on Wall Street from the debt monster it had created was the bank bailout or TARP. This had nothing to do with preserving the free market, as a matter of fact the net effect due to the misallocation of these funds is the distortion of the free market.
I liked Bush, but at times it was apparent he was in way over his head.
Bush at least was capable of making a decision. McCain was all over the place and looked like an idiot.