A New York Times article about President Bush’s hand in creating the financial crisis sure seems to have riled his administration: First, Dana Perino denounced the article, and now a former Bush speechwriter is attacking it in the New York Post. “To The New York Times,” writes Noam Neuser, “the entire world is filled with grievances, and President Bush is almost always the cause.” President Bush may have accepted donations from subprime lenders, but Democrats accepted huge amounts of money from Fannie Mae and Freddie Mac. Chris Dodd and Barney Frank appear nowhere in the article and, though Bush may given speeches extolling home ownership, he also advocated the reform of housing finance.“ What's perhaps most disappointing,” Neuser writes, “is that, thanks to its one-sided reporting, the Times missed the opportunity to explain how our government had become, by choice, an active co-investor in America's home real-estate market, carrying a lot of risk and very little opportunity for reward.”
Read it at New York Post
