1) the administration made gross errors and are incompetent
2) the adminsutration knew better, but lied to the American people
3) Other?
The only thing we know for sure is that the American Tax payer will wind up paying for all this, not the administration.
The S&L scandal was supposed to be the largest US bailout in history originally estimated at $50 billion but wound up over $150 billion. The only thing different is the middle initial
The Bush family and the S&L Scandal
I think that they are trying to teach someone a lesson





