April 30, 2008
President Petulant
Yesterday, our President had a little press conference which was dutifully transcribed by some little cub reporter at the NYT. During the conference, Bush castigated 'Congress' (read : Congressional Democrats) for not doing enough to alleviate the current economic downturn.
Not like he'd sign any of the legislation anyway... unless it's something that won't help Americans for 5-10 years, like drilling in Alaska. Alternative energy and biofuels? Perish the thought. While I'm not an oil conspiracy nut, you have to admit his fixation on drilling in AK is either enlightened self interest or extreme stupidity.
Anyway, what President Bush failed to mention (and what our intrepid reporter from the Times missed) is that the Republicans have largely been the road block on all the initiatives coming out of Congress. Like FHA Modernization, which is being held up by James Inhofe and Liddy Dole, both of whom are deeply in the pockets of the private mortgage insurance industry which stands to lose a lot should FHA Modernization pass.
The ironic thing? Today we found out just how worthless the one thing Bush did has turned out to be.
Posted by mcblogger at April 30, 2008 08:56 AM
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