"There are men, in all ages, who mean to exercise power usefully; but who mean to exercise it. They mean to govern well; but they mean to govern. They promise to be kind masters; but they mean to be masters." Daniel Webster

Saturday, December 27, 2008

There's a Lot of Things the Bush Administration Forgot

Former Treasury Secretary John Snow says the Bush administration was so eager to push homeownership among the poorest Americans that it simply "forgot" they had to be able to afford their homes.

“The Bush administration took a lot of pride that homeownership had reached historic highs,” Mr. Snow said in an interview. “But what we forgot in the process was that it has to be done in the context of people being able to afford their house. We now realize there was a high cost.”



Bush rushing into a grand policy based on emotion and not taking them time to think about any long-term consequences? that is so unlike him.

No comments: