It’s a fittingly chaotic curtain call for Bush

THE refusal by the US Congress initially to sanction President Bush’s $700 billion financial bailout amid the current global financial crisis provides a fittingly chaotic and ignoble curtain call for the Bush era.

The biggest fallacy in all of this is that the proposed bailout constituted some sort of pseudo-socialism and that Uncle Sam had suddenly metamorphosed into Uncle Karl.

This is about an incompetent president taking his eye off the ball to concentrate on his farcical war on terror and the Iraq disaster at the expense of more serious issues and then, when the financial system implodes, expecting the public to bail out the perpetrators of this disaster.