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This is an archive article published on September 26, 2008

Castro mocks Bush speech on financial crisis

Former Cuban president Fidel Castro mocked US President George W Bush for the speech he gave late Wednesday on the spiralling US financial crisis.

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Former Cuban president Fidel Castro mocked US President George W Bush for the speech he gave late Wednesday on the spiralling US financial crisis.

In an article published in Cuba’s leading newspapers on Thursday, the convalescing 82-year old Castro derided Bush’s failure to assign blame for the collapse of US financial institutions.

“Looks like ‘democratic capitalism’ doesn’t include self-criticism,” Castro wrote.

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“In any case, we must not be ungrateful or impolite: we have to thank Bush for his brilliant insight on political theory,” Castro added, tongue-in-cheek.

Bush on Wednesday delivered a 13-minute televised speech urging the US Congress to pass his government’s USD 700 billion dollar bailout plan for Wall Street, and warning “our entire economy is in danger … could experience a long and painful recession.”

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