Bush and company have some serious decisions to make here. His brain truss (Kyl, Frist, Goodlatte, etc.) really didn’t think through the ramifications of their actions, now did they ?
To me, this big determining factor of whether the U.S. will pay dearly or not, will be if the EU jumps all over this situation or not. If they do, this can have serious economic impact on an already over-budget U.S. economy. A lot of this will be determined by the Bush-Blair relationship, and if Blair looks to protect his evil buddy before stepping down from office. Blair’s successor doesn’t give a rats ass about Bush, so the way Blair handles this will be the determining factor of how this plays out, IMO.
Although the economic impact of the worst case scenario here, could literally effect my pocketbook, it will be interesting to see how Bush-League handles all this, especially if his boy Tony doesn’t offer a helping hand.
I would love to see him exit his Presidency with a 10 % or less approval rating.