Monday, June 08, 2009

"I Told You So" Doesn't Quite Suffice

From an Associated Press story:

"The Federal Reserve announced a $1.2 trillion plan three months ago designed to push down mortgage rates and breathe life into the housing market. But this and other big government spending programs are turning out to have the opposite effect. Rates for mortgages and U.S. Treasury debt are now marching higher...."

Will Obama finally accept the blame? Or will he continue to pass the buck to Bush?

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