Klein Interview
Here, it’s a good read.
Klein: And the other thing I think we need to stress is the extraordinary level of responsibility in the Bush Administration in allowing this crisis to get to the point that it got to, which was not just predictable but predicted. Alan Greenspan was saying a year ago that there was a housing bubble, and what bubbles do is they burst because they are filled with hot air. Everyone knows it. This was entirely predicted, and they end up with a two and a half page – barely two and a half page – plan with one idea, which is to turn the U.S. government into the world’s biggest trash can. Take all of this trash and give it to the taxpayers. That is their only idea, their only preparation.
Amato: That was one of the most insane things I’ve ever seen, and of course John McCain hasn’t read those two and a half pages yet.
Klein: He didn’t have time. I have to say – I’ve said this before that their biggest mistake was how short it was because it was short enough that people actually read it. Usually what they do is ram through legislation that’s hundreds of pages long and say we have to do it in two days and nobody has a chance to read it, then they read it after the fact. But I think in its case brevity really was their downfall
-Shlok
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