President Bush addressed the nation last night on the economic crisis last night. His speech boiled down to, “Oh, look; someone wrecked the economy. Gee, I wonder how that happened?”
Seriously, he looked for all the world as if he just tripped over the bad economic news and was caught completely off guard; like he had no idea that the housing market has been in the crapper in parts of the country for over a year now — like here in Miami — or that banks have been stretched to the limit for even longer. Whoa, dude, that’s gnarly.