25/09/2008 9:20:09 am
Bush About the Crisis. In his TV address on the financial crisis, US President Bush made direct references to the role of government in causing the problems. He mentioned both the extremely low interest rates after 2001 and the semi-federal role of Fannie Mae and Freddie Mac, for instance. A correct insight into the causes is of course the first step towards a solution in the long term.

Update: Here is Ron Paul in a very clear text about this issue at CNN.