"History is a wonderful thing, if only it was true"

Friday, March 28, 2008


He gets my respect for casting as wide a net as necessary.
This is not a Republican or Democratic problem it's a fully bi-partisan problem.

Obama Casts Wide Blame for Financial Crisis

"Speaking at Cooper Union in Manhattan, Mr. Obama blamed Democrats no less than Republicans for the crisis that now casts a shadow of foreclosure and insolvency over millions of Americans. He did not mention former President Bill Clinton by name, but the target of his criticism seemed clear.

“Under Republican and Democratic administrations, we failed to guard against practices that all too often rewarded financial manipulation instead of productivity and sound business practices,” Mr. Obama said. “The result has been a distorted market that creates bubbles instead of steady sustainable growth, a market that favors Wall Street over Main Street but ends up hurting both.”"

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