Blame Bush for economy

http://www.bloomberg.com/apps/news?pid=20601103&sid=aCOZLg2TMCqw
Geithner Rejects Call to Resign, Faults Republicans (Update3)

Timothy Geithner, as head of the Federal Reserve Bank of New York, claims that he had no power to make any changes to the economy. Which is funny, as the Federal Reserve Bank was created to prevent the very problems our economy is currently having. Timothy Geithner is busy claiming that everything that has happened for the prior decade, as well as everything that is currently happening is still all Bush's fault. That after the stimulus bills enacted earlier this year, and with the wonderful economic recovery we are having (which includes 15% of all homeowners losing their homes, and effective 20% unemployment rate, and massive business closures) that everything wrong with the economy is Bush's fault, and everything right with the economy is Obama's doing.

If you can believe in an economic recovery that excludes most Americans, then maybe blaming Bush is the right policy to solve all our problems. And then Timothy Geithner is the right person for the job of economic recovery.