IWhen I saw the following Associated Press report, "Cheney Says No One Saw Financial Crisis Coming," the words just popped into my head: He makes his clueless, soon-to-be-ex-boss look smart.
Vice President Dick Cheney says that his boss, President George W. Bush, has no need to apologize to the American people for not doing more to head off the financial calamity, saying no one saw the crisis coming.
During an interview Thursday with The Associated Press in his West Wing office, Cheney defended the administration's performance on an economy that is growing weaker daily and which recently collapsed in spectacular fashion. Cheney said that "nobody anywhere was smart enough to figure it out."
He said Bush doesn't need to apologize because he has taken "bold, aggressive action."
Pretty incredible (unless, of course, he's angling for a future in stand-up comedy?).






I will be so happy to not have to see the sneer on his face again. Bush and Cheney belong in jail. Lying to Congress is a start. Illegal wiretaps, illegal invasions, ignoring the Constitution and so on. The attorney and author Vincent Bugliosi, makes the case for a murder charge against George Bush. I recommend reading his book, The Prosecution of George Bush for Murder. I have posted the link with an article about the book.
Posted by: Steve | January 09, 2009 at 06:44 PM
Some major booya happened on their watch that they "didn't see coming" .. first 9/11, now this .. either they're deaf, dumb and blind or they're LYING .. hmm, which could it be??
Posted by: David Vige | January 09, 2009 at 09:40 PM
More evidence to back up my theory that you are better off statistically if you assume the exact reverse of anything that comes out of the mouths of public officials. You can throw a lot of large corporations in there too.
"At this time we believe we are adequately capitalized" Suuurrre you are.
The only reason to publicly say you are adequately capitalized is..... you aren't.
Posted by: vividvew | January 10, 2009 at 12:49 AM
Don't you find it just a little bit odd that this "crash" came immediately after hurricane Ike slammed into Mission Control on the 13th of September? Houston, we have a problem? It was like something out of a movie, only no one discusses the curious coincidence.
If you think that is strange, check this out. There is a guy who not only predicted a credit crisis this year, in specific, albeit cryptic detail. He even drew two maps of where hurricane Ike would hit. Hmmmmmm .....
http://www.marsroverblog.com/dyn/reply/70739/43
http://www.marsroverblog.com/dyn/reply/70739/44
http://forums.armageddononline.org/showpost.php?p=185350&postcount=3
http://forums.armageddononline.org/showpost.php?p=187119&postcount=22
http://forums.armageddononline.org/showpost.php?p=197947&postcount=19
Posted by: Don | January 11, 2009 at 02:38 AM
Cheney knew exactly what was coming:
http://www.247wallst.com/2007/03/is_cheney_betti.html
Posted by: GreenAB | January 12, 2009 at 04:42 AM
Except for the guy who manages *all* his portfolio, Jeremy Grantham, who saw it coming and took his money out of the stockmarket. Talk about putting your money where you mouth is.
Posted by: Zitron | January 15, 2009 at 05:47 AM
The national debt is close to 10 trillion dollars and the Bush administration puts gay marriage as a priority....That will be their they legacy
Posted by: l shimkin | January 15, 2009 at 07:42 AM
You all remind me of my youngest son when he was in high school. His Mother commented " he is a wealth of misinformation"
Posted by: paul boatwright | January 21, 2009 at 11:39 PM
The Dems in charge of Congress since Jan 2007 didn't see it coming either, did they? For instance, right up through July 2008, Barney Frank swore that there was nothing wrong with Fannie and Freddie, and this guy was in charge of overseeing them!! What a collection of clueless mishandlers we have in Washington. And Obama's recycled Clinton financial wizards are no better. They helped propel some of the derivatives mess into the stratosphere. The only reason the budget deficit looked almost balanced in 1999 was more due to Bill Gates and the computer/internet revolution creating massive wealth and jobs and tax revenues plus cost cutting by Gingrich and company on the social side, and Clinton cutting military and intelligence spending. Judging by the trillions in lost wealth by you and 90+% of the population, I'd say the vast majority of people did not conceive of this great an "adjustment". You can blame the Fed, you can blame stupid people taking on too much risk at every level. But Bush only gets a small part of the blame. Within 90 days of taking office, April 2001, he delivered a speech to Congress that they needed to fix Fannie / Freddie. The Repubs and Dems alike ignored the warnings.
Posted by: MarkD | February 22, 2009 at 11:32 AM