President Bush - Thank You

Discussion in 'Economy' started by Sinatra, Feb 1, 2010.

  1. Sinatra
    Offline

    Sinatra Senior Member

    Joined:
    Feb 5, 2009
    Messages:
    8,013
    Thanks Received:
    1,005
    Trophy Points:
    48
    Ratings:
    +1,005
    After finishing Hank Paulson's excellent recounting of the events leading up to the financial crisis of 2008, On the Brink, I came away with a much greater appreciation for GW Bush's decisive action and clear understanding of what was happening to the United States (and the world's) financial foundations.

    While there is much with the Bush administration to find fault, the Bush White House acted in opposition to self-interest, and rather worked in favor of national interest during the critical weeks of the financial meltdown. And George Bush himself, as Hank Paulson made so clear, was involved in every aspect of weathering the storm, showing a strong grasp of both the politics and the policy that led to TARP - and entity which I initially opposed, but am now convinced actually saved us from the economic abyss, and today, is actually making money for the American taxpayer.

    In essence, Bush showed the resolve to "suspend the free market in order to save it" - and thus, played an integral role in helping to secure the probability that the United States would in fact emerge from the crisis far more fully intact than would have been possible without such resolve.

    This country was truly on the brink folks, far more than most likely realize.

    The abyss remains - and certainly with the ever growing burden of out of control spending and debt, it looms ever closer, but to his great credit, George W Bush helped bring us back from that more immiediate darkness in the fall of 2008, and for that, he deserves our thanks.
     
    • Thank You! Thank You! x 2
  2. rightwinger
    Online

    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

    Joined:
    Aug 4, 2009
    Messages:
    120,404
    Thanks Received:
    19,855
    Trophy Points:
    2,190
    Location:
    NJ & MD
    Ratings:
    +45,438
    I have to agree....Bush got it right

    In spite of severe opposition from his party, Bush passed TARP which shored up the banks and helped prevent a financial meltdown

    Both Paulson and Geitner came up with the same conclusion on TARP
     
  3. Big Black Dog
    Offline

    Big Black Dog Gold Member Supporting Member

    Joined:
    May 20, 2009
    Messages:
    22,918
    Thanks Received:
    5,110
    Trophy Points:
    260
    Ratings:
    +5,723
    In the long run, I believe that history is going to be a lot kinder to President George W. Bush than the majority of people who post on this board. I admire him - not because he particularly turned the political world upside down but I truly believe he was a man that meant what he said.
     
    • Thank You! Thank You! x 1
  4. Conspiracist
    Offline

    Conspiracist Snuggle weather rocks!

    Joined:
    Jan 6, 2010
    Messages:
    3,058
    Thanks Received:
    504
    Trophy Points:
    48
    Location:
    Monkey Island
    Ratings:
    +505
    I have believed for a long time that in a short time Bush will not be considered nearly as bad a president as he has been made out to be. He will never be considered really good but I believe he was not as evil as the Dems say he was.
     
  5. rightwinger
    Online

    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

    Joined:
    Aug 4, 2009
    Messages:
    120,404
    Thanks Received:
    19,855
    Trophy Points:
    2,190
    Location:
    NJ & MD
    Ratings:
    +45,438
    In spite of helping to turn around the recession......Bush is still doomed to be the worst president in the last 100 years. Nobody is a close second

    - Blowing the Iraq and Afghanistan wars
    - Creating the worst recession in 70 years
    - Katrina
    - Torture

    It aint going to get any better for George...even his own father was embarassed
     
  6. Soggy in NOLA
    Offline

    Soggy in NOLA Platinum Member

    Joined:
    Jul 31, 2009
    Messages:
    32,792
    Thanks Received:
    4,320
    Trophy Points:
    1,130
    Ratings:
    +11,518
    yawn.... more leftist asshattery.
     
  7. Conspiracist
    Offline

    Conspiracist Snuggle weather rocks!

    Joined:
    Jan 6, 2010
    Messages:
    3,058
    Thanks Received:
    504
    Trophy Points:
    48
    Location:
    Monkey Island
    Ratings:
    +505
    Watch your precious Obama a few more years and embarassment will be yours.
     
  8. Queen
    Offline

    Queen Senior Member

    Joined:
    Jan 16, 2010
    Messages:
    1,043
    Thanks Received:
    158
    Trophy Points:
    48
    Ratings:
    +158
    Don't forget he presided over the biggest addition to the national debt in history. He doubled it, adding 6 trillion dollars.

    And the economy crashed under his watch too. He was asleep for 8 years regarding the economy.
     
  9. sitarro
    Offline

    sitarro Gold Member Supporting Member

    Joined:
    Nov 17, 2003
    Messages:
    5,186
    Thanks Received:
    999
    Trophy Points:
    153
    Location:
    USA
    Ratings:
    +1,001
    Parrot............ Dickhead want a cracker?
     
  10. Conspiracist
    Offline

    Conspiracist Snuggle weather rocks!

    Joined:
    Jan 6, 2010
    Messages:
    3,058
    Thanks Received:
    504
    Trophy Points:
    48
    Location:
    Monkey Island
    Ratings:
    +505
    You can blow smoke screens all day but any thinking person will never agree that Bush created the worst recession ever. This recession has been in the works for a long flippin time and would have happened if Al Gore was your president.
     

Share This Page