History, despite its wrenching pain, cannot be unlived, but if faced with courage, need not be lived again.-maya angelou
I’ve just been listening to our sitting President, the short timer, talk about the current economic crisis. This is the second straight day that he has come out of the White House to talk to the people about the stuff going on, on Wall Street.
He spoke less than five minutes and took no questions yesterday. Bush was so brief that Charlie Gibson was left without words and nothing to say. Gibson’s shock was visible. The MSM had obviously expected more.
Today, Shrub spoke for about five minutes longer. He took no responsibility for what is going on, preferring to dump the problem onto Congress with a kind of “okay, now do something” attitude.
Again, he took no questions and simply walked off leaving Treasury Secretary Paulson flapping in the wind.
I think we are inching closer to the kind of national commission that was put into place during the savings and loan crisis several years ago. Those who don’t remember that scandal should crack open a history book or two. Or google it, you can find the information readily enough.
While you’re at it, look up the Keating Five Scandal, because it ties into not only the savings and loan mess, but also today’s presidential campaign.
Since we’re looking back, I found an interesting article on the Warren Harding and Teapot Dome...What? You say....check it out...it weighs heavily on what’s happening today.....
And let’s call these bailouts what they are.....Socialism at work.....We are seeing, I believe the death of American Capitalism...But I’ll save that thought for another day...I’m still mulling that one over....