Financial Fight Club: The White House vs. the New York Times

Welcome to today’s heavyweight battle over who is to blame for the financial crisis. In this corner, wearing black and white trunks, is newspaper legend, The New York Times. In the far corner, wearing red, white and blue trunks, is the President of the United States of America, George “Dubya” Bush.

Both fighters come out swinging. The Times leads with a scathing article, detailing how the president ignored warnings about the impending financial meltdown, while pushing irresponsible economic policies that drove us over the brink. President Bush swings wildly, issuing a 500-word statement calling The Times “irresponsible” for its reporting.

The fight continues on and only time will tell if the president will come clean and take responsibility for his administration’s role in the financial crisis that grips us all in this holiday season.