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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Jim McMannis who wrote (176318)1/10/2009 11:31:30 PM
From: John VosillaRead Replies (7) of 306849
 
Cheney says no one saw financial crisis coming

WASHINGTON – 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."

news.yahoo.com
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