[Abe XVI]

he doesn’t know squat about the economy and if he follows the policies he says he’s going to follow, we’re going to be in double-digit inflation, double-digit interest rates, possibly double digit unemployment, and on and on, in four years from now.

I believe you to be correct. But I will also hold Bush/ Paulson/ Bernanke accountable for their policies too.

[phoenix07]

It wasn’t Bernanke. But it IS fair to point to Greenspan. And it wasn’t alot to do with Bush. It goes back more to the Clinton administration and their bigtime expansion of the Community Reinvestment Act - causing subprime mortgages, and the repeal of Glass-Steigal, allowing banks to not keep much in reserve. That’s why credit got so loose. Paulson is terrible and should step down. The Bush Admin. is a lot less to blame for this particular mess than most people realize - and Clinton, Barney Frank, Chris Dodd, and Alan Greenspan are a lot MORE culpable than most people realize.