W bailed out the banks and it was the right thing to do. If he hadn’t, we’d be selling apples on the street for 5 cents.
I recall around 2006 that the economy seemed in good shape. In the spring I noticed some Bush Admin guys from Commerce were making the rounds on the newsies and especially the Sunday morning newstalkies. Every message was the same:
The economy is in great shape. Everything is fine. Everythink is hunky-dory.
I thought it strange, at the time, for them to suddenly appear and proclaim how great the economy was.
About a year later, we found out why. They knew a crash was coming and they were just trying to head it off until the next president took over. They, however, were short by about 5 months.