In the first year of the Bush administration there was a catastrophe. Bush and his appointees told us that there was a huge peril from Iraq, which was developing weapons of mass destruction and linked to Al Qaeda, and that war was necessary to save us from future terrorist attacks. So we went to war, and discovered that there were no WMDs and no links to the terrorists, but thousands have died and a trillion dollars have been lost.
Now in the last year of the Bush administration, there is a financial disaster. Bush and his appointees tell us there is a huge peril in the financial markets, and that a huge payoff is necessary to save us from future financial meltdown. Do we believe them?
Wednesday, September 24, 2008
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