Zeev's Turnips Talk Politics (ZTTP)

[skono4]

Bush was in a pickle because so much was riding on stock valuations the way now so much is riding on housing valuation. He walked into a stock market crash....trillions and trilliosn vanishing in thin air----HELLO!


At first you say, well let's let the free market work this out.
Bush could have let stocks find a fair value but corporate pensions and insurance companies would have dragged down the whole economy. We're now exactly right back where we started because the Bush economy was every bit as bogus as the Worldcom, Enron, Pets.com economy that everyone in the world bought into under Clinton.

I can't think of too much that Clinton created that Bush destroyed. Our policies of free trade, loose money and open borders are stupid and destructive. Changing the idiot in the White hose is irrelevant so long as we maintain those foolish ways.