A few days ago the Idiot Decider ‘decided’ that the economy was, well, “uncertain”:
It is uncertain, there’s no question about it. Wall Street got drunk, it got drunk, (it’s one of the reasons I asked you to turn off your TV cameras.) It got drunk and now it’s got a hangover. The question is how long will it sober up, and not try to do all these fancy financial instruments.
Bush at Pete Olson’s fundraiser, July 18th 2008
But who was mostly responsible for letting this fandango of ‘fancy financial instruments’ go into a wild frenzy?