Don't forget the Bush initiative to "privatize" Social Security, effectively giving Joe-six pack another credit card to buy his bass boat and Camaro. They were looking for many ways to siphon the 401ks, retirement funds and other "entitlements" from the unwashed masses. Remember; this occurred globally so Bush, Blair and other Euros were along for the ride in a big way and the Chinese are still selling hyped stocks and real estate. For everyone counting the moments to the US loss of world currency dominance; wait until the Chinese Real Estate bubble pops. The Chinese now outsource labor to effectively create false growth numbers ala' the other fallen economies and they will land harder with no cushion. Greed is global, not Republican.redtreviso said:I think it simply comes down to Bush being a dumbazzz,. everything about him made the economy crash. The Fed couldn't give money away to business because there was little so Wall Street found a way to have this money but still there was no business to invest it in and get their cut., So they made up their own out of thin air. Used fed money, used fed money to hedge to short to default swap to give themselves bonuses to prop up major indexes for show.