And there I was thinking Glenn was all for the “free Market”.
Glenn uses and wild analogy in his piece about how the stock market crash happened – leaving out the usual rhetoric that is was all the Liberals fault, which was refreshing!
Maybe greed isn’t so good after all.
More than 150 years later, after surviving the Great Depression, Black Monday, the savings and loan crisis and the dot-com bust, Lehman Brothers filed for bankruptcy protection. They had gone 14 years as a public company without ever reporting a single quarterly loss. Now they will never again post a profit.
All happened when there was a conservative president in the Oval office. You know – George Bush – the president that is hiding in the shadows. Well at least a credit crisis has brought him out into the open – and he [Bush] seems to be in the sights of McCain – McCain is trying to lay all the blame fully on George Bush’s administration, is this a matter that McCain is proving that having a Republican in the Oval office is a bad thing? If so I agree with him.
McCain is trying to get elected by saying – quite openly that everything that is wrong with Washington is all Bush’s fault – is he wrong? A conservative saying that a conservative with exactly the same policies of said conservative is worth voting for again? That is madness.
Remember this – as this credit crisis continues in the US.
The total amount allocated to schools in the US for 2008 – $56Bn, AIG bailout – $85Bn. What does that tell you about this current administration. And more so – what does that tell you about conservative policy, and John McCain is a conservative.
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