In his trademark goofy way, George W. Bush explained why he supported a bailout of the U.S. financial markets, saying he was "a free-market person, until you're told that if you don't take decisive measures then it's conceivable that our country could go into a depression greater than the Great Depression."
Yet what is remarkable about American news coverage of this extraordinary moment – and Bush's strangely light-hearted comment at the end of the Nov. 15 global economic summit – is how little blame is being laid specifically at Bush's door.
In a pattern typical of the preceding eight years, major U.S. journalists are focusing on almost everything else – from Sarah Palin's political future to what President-elect Barack Obama should do after he's inaugurated in two months – not the lessons that should be learned from Bush's disastrous presidency.
An example was Tom Brokaw's "Meet the Press" on Sunday, which addressed the financial and energy crises with nary a negative word spoken about Bush.
It was as if everyone else was responsible for the nation's troubles, from unions and auto executives to Congress and Obama (for not providing immediate answers). Just not the person who is still in charge and who was chiefly responsible for taking the United States from an era of peace, prosperity and budget surpluses to the precipice of endless war, economic devastation and national bankruptcy.
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