> Sam wrote: > I imagine he thought keeping him up to speed would give him better judgment. > The housing crises was predictable for a long time yet AG kept lowering rates. >
If Bush perceived that as a problem why didn't he replace Greenspan, deal with it through Treasury, or go public with problem? Didn't Bush in fact wholly endorse lowering rates to the tune of 11 times in 2001? And continuing through almost all of his presidency? Oh, and it's not a "housing crisis" since sub-prime is only $1 trillion in total and only a fraction of that has gone under. That's like Bush ducking that shoe and saying he's got a flying shoe crisis. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:285874 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
