Pointing the finger and trying to duck the blame!
Not able to take any responsibility for fucking things up.
when asked Tuesday whether Democrats bear some of the responsibility regarding the current crisis on Wall Street, had a one-word answer: “No.”
Pelosi (D-Calif.) ripped President Bush’s “mismanagement” of the economy and a lack of regulation that led to the current situation.
When in reality they are the cause!
From the NYT (which I am surprised they didn’t remove/revise this article already).
President Clinton signed into law today a sweeping overhaul of Depression-era banking laws. The measure lifts barriers in the industry and allows banks, securities firms and insurance companies to merge and to sell each other’s products.
This is not including the requirement for these banks to start the sub-prim markets and provide loans to the 10% of Americans that could not meet the payments and allowed foreclosures.
No Comments »
