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Originally Posted by Angel Of Mercy
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It's funny, when Reagan was president he hailed the explosive growth in the S&L industry as proof his economic policies were working. Bush not only hailed Enron as proof he knew what he was talking about but the amazing growth in the subprime markets as well. And just like Reagan, Bush believes that as long as he doesn't admit he was a failure, well then he isn't.
So Bush has gone through a number of lame excuses. My favorite is when Bush says "Who could have guessed." This new one, about Wall Street being drunk, is perhaps his most lameass one to date. But it's just another excuse for his failures.
Meanwhile Bush can deny we're in a recession all he wants, when the porno industry suffers there is no doubt that we are...