Saturday, October 4, 2008
More details after the fact.
It was reported today that Bush says that home prices need to stabilize in order for the bail out to work. What kind of idiot bases a fix it plan on something that is not about to happen? The only way to make home prices stabilize right away is for government price fixing. I never figured Bush for a closet Communist. I know better now. The American people are the proud owners of 700 billion dollars of snake oil. The failure for it to get the job done will be blamed on world markets people hording money and anything but the fact that is was a bad plan. Up to this week I'd always found comments about Bush being the worst president in history to be very offensive. I don't think he earns the title, but he has earned a finalist position.
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