Spitzer had become increasingly public in blaming the Bush administration for the subprime crisis. He testified in mid-February before the US House of Representatives Financial Services subcommittee and later that day, in a national CNBC interview, laid blame squarely on the administration for creating an environment ripe for predatory lenders.
Go here for the whole story.
Wonder why Obama and McCain are both supporting this welfare for Greenspan and company?
we have a campaign of personalities and platitudes. There is a race candidate, a gender candidate and a tortured veteran candidate, each talking about change in America, national security, freedom, and the American way. The candidates are running with support of political parties so deeply embedded with the military industrial complex, the health insurance companies, Wall Street, and corporate media that it is undeterminable where the board rooms separate from the state rooms.
The whole article here.
Folks, the Bush administration hasn't gotten anything right so far, how is Obama thinking he's going to change anything by going along with this horrible payoff? Either he doesn't understand the issues or his largest contributor is Goldman Sachs. Hmm.
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