BDBoop
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- #101
To some degree of course they were being bullshitted, but you forget that Barney Frank and Chris Dodd were making the exact same kinds of statements if not worse. Need I remind you of Dodd's comments that Fannie Mae was "fundamentally strong" and Frank stating that Fannie and Freddie were "...not facing any kind of financial crisis...." and he wanted to "...roll the dice a little bit more in this situation toward subsidized housing."
You forget that politics creates reality in some cases. About a year ago Obama made some statement about how the economy was going so great while the market was tanking and unemployment had just jumped again. Well I am not going to bust his balls for that even though it was total bullshit because what is he supposed to say? "Oh we're fucked"? He can't say that. That goes on the news and everyone hears it and they say "well if we're fucked we had better save every dime we have" and then you just enhance the problem. So he has to paint a rosy picture to spur consumer confidence because that will help get the money moving around.
So yeah....politicians can make some statements at times that are clearly bullshit, everyone knows it's bullshit, and they know it's bullshit; but what else can they say?
To some degree? You lying sack of shit. We were on the fucking abyss.
Are you claiming that's an excuse for Bush and McCain lying out their ass?
Jesus...what is it with people who raise such hell about things they obviously can't comprehend. Let me spell it out for you slowly for the logically impaired. There's what you say to the press, and then there's what you do in the background.
The President of the United States cannot go before the nation and the world and say "oh man we are so totally hosed". Pffft....are you out of your mind? No one would spend a penny for a year and if we weren't hosed we sure as hell would be at that point. So the POTUS has to say to the media "hey everything's fine...go buy something" because saying anything else will cause a catastrophe. All presidents do this. Bush did it, Obama does it weekly, Clinton did it...all of them.
Now behind the scenes they are doing different things. Bush was begging the Senate Committee on Banking, Housing and Urban Affairs and the House Financial Services Committee for years to take action warning of a total meltdown and he was blocked by Chris Dodd and Barney Frank the former of which was receiving bribes, and the latter of which was at the very least showing incredible recklessness and denial. This is a matter of record, pal. It's all right there in the records for those committees and in the numerous media articles that have been written on the topic.
Instead of whining about Bush lying to the media (I notice you aren't whining about Obama doing the same thing) which he had to do in order to avoid being the one who set off the firestorm, why don't you focus your anger at those who a) had the power to do something about it, b) were warned continuously that all hell was going to break loose, and c) refused to take action.
Now what any of this has to do with Boop's question is beyond me. I see other people (myself included) offering their plans of what they would have done. I see you whining, kicking your feet, and pounding your fists about Bush like a six year old child who can't get a snow cone. And you wonder why you got neg-repped. Good Lord.
Thank you!! EXACTLY!
Exactly.