Date: Sat, 28 Feb 2009 10:42:06 -0800 (PST) From: Gilbert Lawrence <gilbert2...@yahoo.com>
Here is a detailed correction of the Time Magazine story.? http://www.huffingtonpost.com/david-fiderer/emtimeem-rewrote-history_b_168503.html Mario responds: This column is written by someone who describes himself as a "a lawyer and journalist", who selectively uses facts out of context and perspective to deflect any blame from the Democrats who were the primary culprits in starting [Jimmy Carter}, expanding [Bill Clinton], defending and protecting [Barack Obama, Barney Frank, Chris Dodd, et. al.] the system that eventually collapsed into a financial crisis. This writers left wing political slant is clearly demonstrated by his description of Iraq as a "quagmire", a false description that was popular with left wingers and Democrats until it became obvious they were wrong. We now know the Iraqi government is firmly in control of the situation with minimal help, and getting stronger with every passing month. Even the feckless western Europeans who sat on their hands and did nothing to help in Iraq are now sending trade missions to try and access the lucrative contracts for its reconstruction. While President Bush sometimes joined in taking credit for the growth in low income ownership that was at the heart of the problem, the timeline in the following report shows how the Bush administration repeatedly warned about the impending crisis and demanded that it be curbed, and was ridiculed by the Democrats who protected and defended the system and had the votes to prevent any serious action to control the problem before it became a crisis. http://www.youtube.com/watch?v=cMnSp4qEXNM&NR=1