That’s what’s wrong with our economy. That, and his lack of oversight of Fannie Mae and Freddie Mac.

FYI – Chris Cuomo of ABC took Nancy Pelosi to the woodshed this morning in a VERY no-softball interview. Would that he would conduct that type of interview more often with Dhimmicrats.

Regards,
Peter H.

The actual causes of our financial troubles were unusual monetary policy moves and novel federal regulatory interventions. These poorly chosen policies distorted interest rates and asset prices, diverted loanable funds into the wrong investments, and twisted normally robust financial institutions into unsustainable positions.

[Gerson] Particularly on the economy, Bush has never been a libertarian; he has always matched a commitment to free markets with a willingness to intervene when markets stumble.

A stinging indictment!

Markets represent the voluntary operations and agreements of free people. They don’t stumble, except by (and because of) government corruption and distortion of market operations. Politicians stumble. Anti-market types destroy human freedom, opportunity and integrity.

Impressed with Obama’s initial appointments, Gerson found they ratified, to a certain extent, the policies of the incumbent the president-elect so regularly attacked

As regards domestic and economic policy: That’s an indictment of Bush.