September 19, 2008

Politico asks: Will Bush be Hoover 2.0?

Probably, but to just pin the collapse of the financial industry on him is unfair.  Presidents past and Congress have also pushed the industry to give mortgages and loans to people who lacked the means to pay for those loans.  What the fuck did they think was going to happen?  Of course, the political class is just going to demagogue or dig us into a deeper hole than we're already in...

Posted by: doubleplusundead at 06:11 PM | Comments (5) | Add Comment
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