Then Bush should have fought against the bailout instead of for it.
Bush should have fought for a lot of things that he didn’t fight for. It was the Achilles heel of his presidency.
He understood when he was up against with the islamists. With the leftists, not so much.
“Then Bush should have fought against the bailout instead of for it.”
To be fair, those are two different issues. One could argue, along with Ben “Helicopter” Bernanke that once the mistakes had been made, it was to dangerous to let the market correct itself. I don’t agree with that argument, but it isn’ty logically fallacious.
I thought Kanjorski said that the bailout was to cover the $550B 2 hour run on money markets on Sept 18, 2008.