Sunday, March 08, 2009

Our tax dollars hard at work, Part LXXVII

3 comments:

Pepe le Pew said...

C'mon Tec - it is america's recklessness with mortgage lending that has created this worldwide crisis.

Tecumseh said...

Yes, but the banks in Europe gladly jumped into the fray, and helped inflate the bubble. Just one example among many: How Credit Suisse stoked the lending madness in Idaho and elsewhere.

At any rate, your notion that "it's all America's fault" (or Bush's fault, or whatever) is pure bullshit, as usual. There were many cooks who brewed this toxic brew we're now all drinking.

Tecumseh said...

I did? I thought it was Barney Frank, Alan Greenspan, Bernie Madoff, and the geniuses on Wall Street -- plus their followers overseas. At any rate, is Obama gonna spend the next 4 years blaming Bush, while things go to hell in a handbasket? Swell. You got a great plan here, Pepe.