25 September 2008

Bush in a Nutshell

President Bush tells us that the current economic problems developed over a long time. That these dire economic problems we are experiencing stem from huge foreign investments in our economy making cheap credit available.

The Bush solution, in a nutshell: borrow $700,000,000,000 from foreigners and inject it in our markets. [That will give him just about enough time to pack his carpet bag and catch a jet to a South American refuge from extradition.] Are we supposed to buy this?

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