- Joined
- Dec 9, 2009
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- Houston, TX
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- Political Leaning
- Conservative
Bush didn't cause it? He and Cheney allowed the financial industry to be de-regulated. In the end, the recession was caused by Republicans helping Republicans make a profit at the expense of the American people.
I think you misread my statement. I said Bush didn't cause the recession in March of 2001. I don't think he helped, but when Clinton left office, it seemed pretty clear that the economy would take a little downturn. Nothing like we have now. And, if you'll notice, I went on to say Bush SHOULD shoulder a lot of blame for the current recession/depression.
Nice diversion and distortion. Amazing how that "dumb cowboy" from TX was able to dupe all those intelligent Democrats into destroying the U.S. economy. You really don't know civics do you nor the Constitution. Makes you a typical liberal. You definitely need the govt. to bail you out from all the poor choices you have made. Not sure there is enough money to do that.
Noticed that you dodged the facts I posted which isn't surprising for that is what liberals always do. Your passion for larger govt. and less spendable income for taxpayers is quite telling.
That is just republican rhetoric. The only thing conservatives want to do is make profits and rob from the poor. You hate liberals because liberals tend to make laws that force dishonest business assholes to behave or pay the price.
Bush and Cheney DID allow regulation of financial industry behavior to be removed. REPUBLICANS ARE 10000000000000000000000000000000000000000000% responsible for what happened. DO NOT try and duck the OBVIOUS guilt of your party.
Doesn't school start soon and isn't this past your bedtime? The only person I really want to take from is you. There is absolutely no logic or fact in your posts so you just ramble on spouting liberal talking points. You cannot even post who you really are, a liberal. Total dishonesty is all I see from you.
No, more silly diversionary rhetoric.
That is just republican rhetoric. The only thing conservatives want to do is make profits and rob from the poor. You hate liberals because liberals tend to make laws that force dishonest business assholes to behave or pay the price.
Bush and Cheney DID allow regulation of financial industry behavior to be removed. REPUBLICANS ARE 10000000000000000000000000000000000000000000% responsible for what happened. DO NOT try and duck the OBVIOUS guilt of your party.
How long are we going to hear it was Bush's fault? Do liberals ever take responsibility for anything? They had the Congress but apparently in your world the Congress doesn't do anything. Congress has been under the Democrat control since January 2007 and the House since 2006 yet apparently one of the three equal branches of Govt has no influence? You people are out of your minds.
At least as long as we heard it was Clinton's fault. :lamo
But you simply can't remove Bush from his actions. Just leaving office doesn't make him no longer respsonsible for what he did.
At least as long as we heard it was Clinton's fault. :lamo
But you simply can't remove Bush from his actions. Just leaving office doesn't make him no longer respsonsible for what he did.
Tell us exactly what Bush did that caused the financial meltdown that occurred in 2008?
He was President when it happened. That's more than enough for the opposing party to take advantage of.
ricksfolly
He was President when it happened. That's more than enough for the opposing party to take advantage of.
ricksfolly
Tell us exactly what Bush did that caused the financial meltdown that occurred in 2008?
Come again? 2007 is when it started. Get your time line straight.
And the real mess can be traced to Gringrich and Clinton.
Come again? 2007 is when it started. Get your time line straight.
And the real mess can be traced to Gringrich and Clinton.
Gingrich and Clinton?
When did the CRA pass?
That's funny, but there are many who believe this crap.Glass–Steagall Act. You wonder why we don't take you seriously.
Early 70s. Conservative for the uber-fail there.
How long were CRA loans profitable? Three plus decades.
And only a crazy thinks that something that represents less then 1/2 of 1% of the entire economy could produce this kind of recession.
That's funny, but there are many who believe this crap.
That's funny, but there are many who believe this crap.
Glass–Steagall Act. You wonder why we don't take you seriously.
Early 70s. Conservative for the uber-fail there.
How long were CRA loans profitable? Three plus decades.
And only a crazy thinks that something that represents less then 1/2 of 1% of the entire economy could produce this kind of recession.
You can lay that blame on Greenspan.This is what I agree with. And unlike you I will place the blame where it belongs. Only a fool would interpret the graph like you did. The greatest spike in home building in history occured from '01 to '05. It almost doubled. Reason? Low interest rates and Bush's policies to put everyone in a home. It was no mistake. He wanted the economy to look good while he was president. He would have gotten away with it too had the boom lasted one more year. It is the greatest stretch of anyone's imagination to blame Clinton.
Bush helped create the bubble:
YouTube - Home Ownership and President Bush
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