Larry’s above linked piece takes the president to task for his intentional sabotage of the energy industry in favor of friends in the highly-subsidized and inefficient “green” energy industry. Good stuff.
But in his first sentence, he absolves President Obama of blame for the 2008 disaster. Um, not so fast. He was part of the system that produced it and he most definitely watered at the trough provided by Fannie and Freddie. His economic advisor pals were and are the very people who caused it. Take a look at Bernanke and Geithner, Summers and the rest. Yes, President Bush has blame, too. But Bush is no longer president.
A good read if you don’t comprehend the depth of the problem we face and the personal culpability of this president and his cronies.