Internal GOP Memo Attacks Bush Handling Of Economy

Internal GOP Memo Attacks Bush Handling Of Economy

An internal GOP memo prepared to brief some House Republicans as part of an ongoing probe into the Bank of America-Merrill Lynch deal takes direct aim at an unlikely target: Former President George W. Bush.

The memo directly blames Bush's handling of the economic meltdown, and it coins a striking new phrase linking Bush and Obama and blaming both administration's bailout policies in tandem for exacerbating the meltdown: "The Great Bush-Obama Economic Intervention."

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