Tuesday, April 29, 2008


Here is a great video montage from President Bush's press conference on the economy today. I am not going to blame GW for the current state of the economy. I believe the President actually has little control and impact on the actual strength or weakness of the economy. We are in a phase that was induced by a huge housing bubble, inproper mortgage lending to high-risk borrowers, improper financing of these mortgages by the investment banks, a weakening dollar, and probably also just a component of the natural ebb and flow of the economy (some believe the economy runs in 7 year cycles...the last recession was 2000-2001).

Anyway, I will post this video from MSNBC of the Bush speech, with FACTS from the Associated Press and other credible governmental and independent agencies sprinkled in. Even independent of the "facts", this speech is one of the most poorly delivered that I have ever seen. Why don't you be the judge....

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