The current US economy is a catastrophe and the Bush regime is to blame.  Either the worst administration ever is incompetent or corrupt, either of which is sufficient grounds for impeachment.

From Bloomberg News: "When President :S:d1">George W. Bush went to his first Group of Eight summit in 2001, a dominant issue was the dollar -- the strong dollar, that is. The U.S. currency was on a record-setting streak, and the free-marketeering president wasn't going to stand in the way.

"On the eve of Bush's last G-8 appearance, the dollar's gyrations are again in the crossfire. This time, it is a weak currency, upended by slumping growth, a housing recession and record gas prices, that is gnawing away at the world economy.

"The dollar's 41 percent drop against the euro during Bush's term writes the economic epitaph of an administration that set out to restore American preeminence. Instead, Bush heads to Japan next week for his final international summit with diminished leverage as Russian and Chinese influence grows."

From the BBC News: "The impact of the global credit crunch could have been minimised by better regulation of US banks, US Treasury Secretary has admitted.

"Henry Paulson denied the regulatory system had "failed" but acknowledged that it could have "performed better".

"He told the BBC his main focus was limiting the "spillover" from the banking crisis to the US economy.

"There is no doubt that that there were mistakes made by banks, regulators and investors," Mr Paulson said, adding that he was "encouraged" by banks' efforts to acknowledge the size of their losses and repair their balance sheets."

Greedy corporate cronies aided and abetted by the deregulatory, no regulatory policies of the Bush administration of which Henry Paulson is a member.

And impeachment is still off the table courtesy of the deliberately inept, collusive and corrupt Wussacratic House leadership in Congress.