“I think Bush and most of the other high-level financial executives and policy makers knew what was going to happen…even to the extent that this was all by design.”
Very possible. It’s just too uncanny how everything has just kind of fallen into place. Many people have theorized that Bush’s inarticulate redneck bit is a well rehearsed act so that people will “misunderestimate” him. Maybe he really is an evil genious with a brilliant smoke screen, like Palpatine from Star Wars.
This still doesn’t address how absolutely nobody else was any the wiser. A small handful of us didn’t buy the tech stock bubble and housing bubble, but absolutely everyone in the mainstream news was on board. Are all the news agencies in collusion with the Bush administration? Controlled completely by the government? Fox news, sure. But CNN, CNBC, every local news paper, etc? Someone, somewhere, other than Rich Toscano and Peter Schiff must have figured this all out. Unless, of course, that high of a percentage of people really are that stupid. And if most people really are that stupid, what are the chances that every member of our government represents the handful of intellectual elite that understands things that absolutely nobody else does? That’s difficult for me to swallow. My guess is that some of them (like Greenspan) know darn well what’s happening, and others are bumbling incompetents that truly don’t grasp that all this turmoil was not a sudden accident caused by something unforeseen, like sunspot activity, but was glaringly obviously years in the making.