Check out this epic howler from the man from Hope:
"Do any of them seriously believe if I had been president, and my economic team had been in place the last eight years, that this would be happening today? I think they know the answer to that: No."
Au &@*!! contraire!
Let's do a quick review of your economic team and the marvelous work they did paving the way for our present catastrophe.
Robert Rubin: The former Secretary of The Treasury, and mentor to both Larry Summers, and present Secretary of The Treasury, Tim Geithner was absolutely instrumental in the repeal of Glass Steagall, and strongly weighed in in favor of Congress decreasing or eliminating regulation of the financial services industry. Likewise, Mr. Rubin's deleterious role in blocking oversight of Fannie Mae and Freddie Mac is also well documented.
Larry Summers: As Robert Rubin's protegee, Mr. Summers had no appreciable difference in attitude from his mentor on any of the key issues mentioned above.
It is also a matter of record, President Clinton, that you enthusiastically reappointed the now disgraced Alan Greenspan, whose activist position in support of deregulation of the financial services industry, as well as his vocal support for the use of a vast array of questionable credit and financial vehicles, was instrumental in propelling our nation and the entire planet into the deepest mire since the Great Depression.