From the WSJ: “The government doesn’t expect the entities to fail and no rescue plan is imminent,” the Journal reported,
Is there any surer sign of an impending disaster than a reassurance from the White House that it doesn’t expect it to happen?
Here are a few other things the Bush administration didn’t expect:
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Terrorists to fly airplanes into buildings.
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Saddam Hussein to have been telling the truth about not having any weapons of mass destruction.
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Iraqis to object to a long-term occupation by a foreign power.
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Hurricane Katrina.
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People in New Orleans to object to the government’s response to Hurricane Katrina.
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The Democrats to take control of Congress.
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The Democrats to cave in so easily on important issues after they took control of Congress.
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Scooter Libby to get caught.
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Jack Abramoff to get caught.
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Abu Ghraib to be discovered.
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Scott McClellan to smell the coffee.
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The housing bubble.
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The credit bubble.
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The housing collapse.
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The credit squeeze.
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Bear Stearns to fail.
