Monday, September 22, 2008

Blaming around the Bush

It is unfair to blame President Bush for the ills of our financial system. He did not invent them and he did not cause them. The root of the problem is "excess."

If you induct super intelligent MIT and Harvard graduates and ask them to fabricate instruments upon instruments of speculation, they will happily do so; and even believe in what they are doing. Eventually the reality catches up with you.

As for tomorrow, sun will still rise, trains will still run, people will still go to work, factories will still produce their goods, and this too shall pass.

But for today, lets commend President Bush and his team for swift action, taken at the right time.

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