Thursday, January 29, 2009

Report on cause of economic downturn...GW Bush not to blame.

The Brookings Institute is one of the leading economic analysis firms in the World. They have a report out about the cause of the current economic crisis. They are not blaming the now former president.

http://www.cnn.com/2009/US/01/29/economic.crisis.explainer/index.html?eref=rss_topstories

Now knowing what caused it, we know how to fix it? No there are no suggestions there. I guess we just have to ride this storm out. And use good common-sense lending principles. Back to the basics.