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Friday, September 19, 2008
Diane Brady of Business Week reacts to the remarks by President Bush and Secretary of Treasury Henry Paulson.
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The President cites a long series of disasters as proof of the resilience of the American financial system.
To spotlight his disasters, either caused or flubbed by him, looks like he no longer has any smart Media people scrubbing his more infelicitous remarks.
Why not assume his policies, particularly the enormous borrowing to support belligerant foreign policies and military adventures, are a cause, not a triumph, of America's financial decay?
Our President said and did the right things at the right time -- and the market responded!
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