Here is what is astounding about this interview.
1. The interview received little publicity.
2. A sitting President admits that this recession is huge, and that an economic collapse is possible.
3. He says that capitalism has failed this time, and it needs bailouts to survive. He laments that he has had to do this.
4. The interviewer is an unknown.
This is a graduate of Harvard Business School. He sounds befuddled.
He looks unsure of himself. This is rare for any President, but especially Bush. He is beaten. He sounds beaten.
Saturday, December 20, 2008
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