March 03, 2007
No, it's not all his fault, but as you all know, what happens on your watch as president, good or bad, is your responsibility in the eyes of the public, like Herbert Hoover during the Great Depression.
Where Bush will really get rung up will be his misguided call for an "ownership society", encouraging people to buy homes at the peak regardless of their financial standing, ability to pay or rent versus own fundamentals.
He'll also be seen as aiding an out of control REIC, never bothering to call for regulation of what was an obviously out of control mess of corruption, system gaming and fraud.
So, simple question, will this epic, historic, devastating housing crash seal the deal with the already historically unpopular George W. Bush in the American population's eyes?
Will Bush be seen as the worst president in the history of the United States of America?