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"I went against my free-market instincts and approved a temporary government intervention to unfreeze the credit markets so that we could avoid a major global depression," Bush said.
Actually, it's the continued intervention that exacerbated what should have been a mild government-induced recession.
"history shows that the greater threat to prosperity is not too little government involvement, but too much."
he says that?
"As the world recovers, we are going to face the temptation to replace the risk and reward model of the private sector with the blunt instruments of government spending and control."
he says that, after pushing the $700 billion TARP and setting the stage for one bailout after another?