Looks like the new york time has taken Bushie to task and the Whitehouse has taken exception to it. Has Bush taken credit for a fu-kup because they far out number her successes.
This shouldn't really be a surprise. The assault on government oversight began with Ronald Reagan and went supernova under King George. Just government get out of the way and let business build wealth for one and all (mainly one). Now we have every business in the world lining up at the enemy's door which once was government for a handout.
Once again, regulators slept. Once again, credit-rating agencies, typified this time by Moody’s,kept giving a thumbs-up to worthless paper until it was too late. There was just so much easy money to be made, and no one wanted to be left out. As Michael Lewis concludes in his brilliant account of “the end” of Wall Street in Portfolio magazine: “Something for nothing. It never loses its charm.”
This is one of the most biased and factually inaccurate articles I've read in a long time. That's 2 minutes of my life I will never get back. Unreal. NYTimes is moving into the tabloid industry if its not already there.
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