The big bail out

This may sound harsh, but I think that our government (meaning both Congress and the White House) where asleep at the switch and didn’t do their job as they should have. Now, we need to fix the huge mess that happened right under their watch. The good news is that very soon Bush will go, but in my view Congress should still be held accountable for the financial mess we’re in. Without getting into any “conspiracy theory”, I’m convinced that the Cheney-Bush Administration had an obvious interest in keeping the credit spigot wide open so it could prosecute its Iraq war in all impunity while Americans where looking the opposite way, indulging in unfettered consumption and paying little attention to critical issues like a war we couldn’t afford and that was paid for by foreign suppliers’ investments. My sense is that all members of congress who fully supported Bush policies and never objected to the “laissez faire” approach of our government towards loose banking and credit policies don’t deserve to stay on their job after this November election.