CNN's Christine Romans looks through the archives and finds that either the Bush administration was completely oblivious to the impending financial crisis, or were simply lying to the public. Watch and reach your own conclusion.

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ROMANS: It's about as dire a President can get on the economy.

PRES. BUSH: We're facing a choice between action and the real prospect of economic hardship for millions of Americans.

ROMANS: This from an administration that for months said the economy was vibrant, the financial system strong. The President didn't acknowledge 'storm clouds' until last December, By then, it was raining.