Do you know left wingers still blame the 2008 housing bubble on just Booooosh?

[Theowl32]

Bush isnt responsible for anything. In fact, he wasnt ever president says the rwnj

I did not say he had nothing to do with it. Liar.

 

[Theowl32]

Bush isnt responsible for anything. In fact, he wasnt ever president says the rwnj

That's right, Bush was the most irresponsible president in history!

Ignorant dumb lying parrot.

Lol at how stupid you are.

 

[Theowl32]

Stupid ignorant left wingers.

25 People to Blame for the Financial Crisis - TIME

President Clinton's tenure was characterized by economic prosperity and financial deregulation, which in many ways set the stage for the excesses of recent years. Among his biggest strokes of free-wheeling capitalism was the Gramm-Leach-Bliley Act, which repealed the Glass-Steagall Act, a cornerstone of Depression-era regulation. He also signed the Commodity Futures Modernization Act, which exempted credit-default swaps from regulation. In 1995 Clinton loosened housing rules by rewriting the Community Reinvestment Act, which put added pressure on banks to lend in low-income neighborhoods. It is the subject of heated political and scholarly debate whether any of these moves are to blame for our troubles, but they certainly played a role in creating a permissive lending environment.

---------------------------

They left are so stupid. Brainwashed asshats parroting stupid left wing propaganda.

They are wrong about everything.

Everything

 

[Dragonlady]

Clinton was just as responsible, for the regulatory framework that lead to the housing boom and dotcom crash.

Clinton, the Lame Duck, dogged by impeachment proceedings over the Lewinsky Scandal, signed the legislation which originated in the Republican House and Senate, into law. But make no mistake - this was a Republican bill.

Bush made it a goal to make every American a home owner. He pushed it hard.

Clinton, the Lame Duck, dogged by impeachment proceedings over the Lewinsky Scandal, signed the legislation which originated in the Republican House and Senate, into law.

Which legislation is that?

The Gramm-Leach-Bliley Act. Named after the three Republican Senators who sponsored it.

 

[Dragonlady]

They blame everything on Bush.....their battle cry for the last 7 1/2 years has been Bbbbuuuuuutt BOOOOOOOOSH!!!!

Do you think that the damage done by the Bush Administration ended when Bush was no longer President? You conservatives talk about the effects of Roosevelt's New Deal lasting until Reagan's presidency but ignore that the economic damage done by the Republicans since Reagan. Wage stagnation and the upward transfer of wealth is the responsibility of the Republican tax code instituted under Reagan, something conservatives deny, and Bush's disasterous economic policies, unfunded wars, tax cuts, and unfunded social programs, have had a lingered effect on the economy.

 

[ClosedCaption]

What is interesting to note here, the S&P has doubled since BO took office. Think about that. The president who talks about spreading the wealth and lifting the downtrodden has presided over an economy that has made the rich even richer through a rising stock market, while wages and growth for "his people" have been stagnant. How do we reconcile this? I know - blame it on Bush.

Darn that socialism!!

 

[Toddsterpatriot]

Clinton was just as responsible, for the regulatory framework that lead to the housing boom and dotcom crash.

Clinton, the Lame Duck, dogged by impeachment proceedings over the Lewinsky Scandal, signed the legislation which originated in the Republican House and Senate, into law. But make no mistake - this was a Republican bill.

Bush made it a goal to make every American a home owner. He pushed it hard.

Clinton, the Lame Duck, dogged by impeachment proceedings over the Lewinsky Scandal, signed the legislation which originated in the Republican House and Senate, into law.

Which legislation is that?

The Gramm-Leach-Bliley Act. Named after the three Republican Senators who sponsored it.

The Gramm-Leach-Bliley Act.

What did that have to do with banks writing bad mortgages? Any specifics?

 

[ClosedCaption]

Bush isnt responsible for anything. In fact, he wasnt ever president says the rwnj

I did not say he had nothing to do with it. Liar.

Did Bush have anything to do with the Housing Bubble? Go on and tell me again what you didnt say...because explaining what you are saying seems to be hard

 

[AntonToo]

Barney Frank & his ilk

Oh yes, Barney Frank and his minority Democrat ilk that Republicans with Presidency and full congressional majority in 2001-2007 were helpless against.

So tell me, what did this uber powerful Barney Frank do to cause general market exuberance and risk management failures* that lead to 2008 Great Recession? Perhaps he allowed some accounting issues at Fennie go unpunished?

*what economists generally blame the crash on.

 

[ClosedCaption]

Clinton was just as responsible, for the regulatory framework that lead to the housing boom and dotcom crash.

Clinton, the Lame Duck, dogged by impeachment proceedings over the Lewinsky Scandal, signed the legislation which originated in the Republican House and Senate, into law. But make no mistake - this was a Republican bill.

Bush made it a goal to make every American a home owner. He pushed it hard.

Clinton, the Lame Duck, dogged by impeachment proceedings over the Lewinsky Scandal, signed the legislation which originated in the Republican House and Senate, into law.

Which legislation is that?

The Gramm-Leach-Bliley Act. Named after the three Republican Senators who sponsored it.

Hey just because the Republicans names are on it doesnt mean it was their fault. It was dems fault...they uh, made them sponsor it with their tricks

 

[AntonToo]

The fault lies with all of the Congress

Yep , since Congress runs our "nearly 100% capitalist" economy it is all their fault.

 

[SassyIrishLass]

They blame everything on Bush.....their battle cry for the last 7 1/2 years has been Bbbbuuuuuutt BOOOOOOOOSH!!!!

Do you think that the damage done by the Bush Administration ended when Bush was no longer President? You conservatives talk about the effects of Roosevelt's New Deal lasting until Reagan's presidency but ignore that the economic damage done by the Republicans since Reagan. Wage stagnation and the upward transfer of wealth is the responsibility of the Republican tax code instituted under Reagan, something conservatives deny, and Bush's disasterous economic policies, unfunded wars, tax cuts, and unfunded social programs, have had a lingered effect on the economy.

I can't wait to scream BBBUUUUT OBUNGLES!!!!!!!!! The damage that disaster has caused will last decades

 

[Remodeling Maidiac]

The fault lies with all of the Congress

Yep , since Congress runs our "nearly 100% capitalist" economy it is all their fault.

Regulations have consequences

 

[AntonToo]

Who cares?

Bush-43 was one of the most honorable men ever to reside at 1600 Pennsylvania Avenue, and anyone with sufficient interest in reality knows it.

But he was not one of the most honorable men to not make plenty of bad judgements in his presidency.

 

[ClosedCaption]

Bush isnt responsible for anything. In fact, he wasnt ever president says the rwnj

I did not say he had nothing to do with it. Liar.

Did Bush have anything to do with the Housing Bubble? Go on and tell me again what you didnt say...because explaining what you are saying seems to be hard

See? When you ask these wafflers directly they run and hide. Bush never did nothing. Hell, was Bush even there or was it an illusion? lol

 

[Wry Catcher]

Of course we know that. Aren't they pathetic?

http://www.nytimes.com/2008/12/21/business/worldbusiness/21iht-admin.4.18853088.html
OMG it's the evil NYT

USATODAY.com - Bush seeks to increase minority homeownership
OMG it's the evil USA Today

Autos and Economics: George W. Bush 2002 speech on home ownership
OMG it's the POTUS, GWB himself

OMG it's Theowl32 trying to revise history as only evil doers do.

The Fact is the housing bubble had many fathers and lot of MFers too, the latter being brokers and banks and even fiduciaries who ought to have been indicted and sent to prison for allowing their greed to harm so many people.

 

[AntonToo]

Regulations have consequences

Yes they do, though I assume when you say this you are working from right-wingy position that regulation is a bad word.

So tell me which regulations that where in effect in the run up to 2008 crash, have been phased out and are no longer crashing our economy.

I'll give you a hint - NONE, snap out out of your little ideological bubble and smell the real.

 

[Wry Catcher]

They blame everything on Bush.....their battle cry for the last 7 1/2 years has been Bbbbuuuuuutt BOOOOOOOOSH!!!!

LOL, see my post above you lying POS!

 

[ClosedCaption]

Of course we know that. Aren't they pathetic?

http://www.nytimes.com/2008/12/21/business/worldbusiness/21iht-admin.4.18853088.html
OMG it's the evil NYT

USATODAY.com - Bush seeks to increase minority homeownership
OMG it's the evil USA Today

Autos and Economics: George W. Bush 2002 speech on home ownership
OMG it's the POTUS, GWB himself

OMG it's Theown32 trying to revise history as only evil doers do.

The Fact is the hosing bubble had many fathers and lot of MFers too, the latter being brokers and banks and even fiduciaries who ought to have been indicted and sent to prison for allowing their greed to harm so many people.

This was that time when Obama was going around wearing that Bush mask and holding press conferences. Remember that?

 

[Wry Catcher]

Of course we know that. Aren't they pathetic?

http://www.nytimes.com/2008/12/21/business/worldbusiness/21iht-admin.4.18853088.html
OMG it's the evil NYT

USATODAY.com - Bush seeks to increase minority homeownership
OMG it's the evil USA Today

Autos and Economics: George W. Bush 2002 speech on home ownership
OMG it's the POTUS, GWB himself

OMG it's Theown32 trying to revise history as only evil doers do.

The Fact is the hosing bubble had many fathers and lot of MFers too, the latter being brokers and banks and even fiduciaries who ought to have been indicted and sent to prison for allowing their greed to harm so many people.

This was that time when Obama was going around wearing that Bush mask and holding press conferences. Remember that?

And some people are saying Joe Biden was wearing a DICK Cheney mask telling anyone who disagreed with him to go F themselves.