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View Diary: Obama gives Larry Summers 'full-throated' defense as dissenters push Janet Yellen for Fed chief (192 comments)

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  •  They built the car and handed it over (6+ / 0-)

    with a full tank of gas to the Bush Administration.  Then the car was driven off of the cliff at high speed.  It would have happened to either party's President, though.  The political climate on both sides of the aisle was ripe for the sort of economic drag race craze that had taken hold.

    Never forget that Greenspan remained Chair of the Fed during Bush's tenure.  He thought that the Housing Bubble was awesomeness on a stick! - until it popped.

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