If the sub-prime lending problems and looming banking crisis were not problems created during his tenure it could perhaps be easier to listen to this guy but he's been about as accurate on the economy as Cheney was on the war with Iraq. Wow, has anyone ever been so far off so many times? Worse still, he can't even accept his own responsibility for the past problems, not to mention what's up ahead. Uh huh, he was the great savior to us all with two ugly economic bubbles under his belt and a fresh banking crisis on the way. Mr Bubble's failure to provide any reasonable regulation or oversight and being bamboozled by the Wall Street easy money pitch makes him look more pathetic with each interview he gives.
Mr. Bubble is still preaching the values of free trade which sure, in theory sound great and certainly there are benefits to freer trade but just as we are nowhere near a free market economy or a true democracy for that matter, free trade needs to be properly monitored and regulated. Finding a balance is not such a bad idea and if that's what Hillary and other Democrats are seeking, that sounds perfectly reasonable. If only Mr Bubble spent so much time talking about the decreasing middle class and the sickening compensation plans for the elite few at the top, his arguments might also resonate a bit better with regular Americans.
If he actually knew anyone trying to get by he just might learn that these days, it's all about finding a balance and not his tired old "let the market decide" and "free trade" rubbish. I sure hope he stays available for interviews when Northern Rock comes to America so he can tell us again how it was the fault of someone else.
Elections | Economic Crisis | Jobs | TSA | Limbaugh | Fun Stuff
Follow @americablog
Mr Bubble continues his assault on Democrats
More posts about:
economy,
hillary clinton
blog comments powered by Disqus