Vice President Cheney recently asserted on CNN’s State of the Union that the Bush Misadministration should not be blamed for the current economic crisis. ISZATSO? Cheney neglects some basic facts about this economic crisis as he tries to avert responsibility for the economic wreckage we are currently experiencing. Eight years of the Bush Administration’s incompetence has left Americans poorer, America weaker, and our National Economic Security seriously damaged.
Robert Reich posted the best commentary on the AIG scandal… and this REALLY is a scandal!… and I agree with him 100%. Here it is in total:
Here’s irony for you. The administration of President Barack Obama, the man elected on a populist agenda, is now worried that populist anger at banks and Wall Street could create a backlash against the White House’s agenda.
Populism, it appears, is a double-edged sword.