Bush accuses NY Times of 'Gross negligence'

The White House on Sunday issued a blistering 500-word response to a scathing 5,000-word article on the front page of Sunday's New York Times that says President Bush and his style and philosophy of governing played a direct role in the mortgage meltdown that's crippling the nation's economy.

The response accused the nation's largest Sunday paper of "gross negligence."

"The Times' 'reporting' in this story amounted to finding selected quotes to support a story the reporters fully intended to write from the onset, while disregarding anything that didn't fit their point of view," White House Press Secretary Dana Perino said in an e-mailed statement.

In an unusual double-header, The White House later issued a document headlined, "Setting the Record Straight: The Three Most Egregious Claims In The New York Times Article On The Housing Crisis."

The article was part of the newspaper's "The Reckoning Series" about the nation's market implosion, and was headlined, "‘Ownership society’: White House Philosophy Stoked Mortgage Bonfire."

The rest of the Story. 

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