responsibility--- not Bush's fault

[jschuck12001]

If we hold their hands then we send the message that it's okay to be irresponsible your entire life because the government will always be there to bail you out, and then people will never know the need to be responsible. We won't set the economy back, but we won't move it forward either.

Yes but you have to think about the jobs that are being lost because these people cant pay their bills and its sinking the financial institutions. Look I hate taxes and I have paid over $60k in taxes the last 2 years but you know I worked at Countrywide and when you see the little people who did nothing wrong that make 30-35k a year and have kids in school and now they are jobless it really sucks. The job loss is the issue, we cant continue to see companies losing 20-30 thousand jobs. Its not good for anyone.

 

[frazzledgear]

I was sittin' on the toilet and I concluded that the housing crisis, the bank crisis, the economic crisis, failing school's, massive deficits and Iraq are not Bush's fault, nor for that matter are they the fault of anyone in the administration.

Responsibility for those things lie with the American people. Not all of them, mind you, only about 50 million people.

They aren't my fault because I didn't vote for Bush.

But they are the fault of people who voted for him, and ESPECIALLY the fault of people who were stupid and ignorant enough to vote for him twice.

We constantly hear about demanding our politicians take responsibility for their actions. Well, maybe it's time that "We the people" take responsibility for our votes.

Your toilet-inspired "analysis" only shows you to be ignorant of how your own government works and you come off sounding both naive and silly as a result. You are looking at the wrong branch of government with regard to which had the ability, authority and power to prevent this.

If its Bush's fault (and I'm not saying he doesn't share in it but not to the extent as another branch of government) -then what kind of blame does the Democrat controlled Congress take for their role in this? It is CONGRESS that has regulatory oversight and the sole branch of government to pass reform legislation and regulatory standards. Not a President. Bush tried for 3 of the last 5 years to get Congress to enact reform legislation regarding oversight and regulatory law regarding THESE VERY INSTITUTIONS. Only one even made it out of committee and Democrats voted it down. And Bush specifically warned that it was very likely that without Congressional reform legislation, Fannie Mae and Freddie Mac were at high risk of eventual bankruptcy. Sounds to me that Bush was the one who actually tried to head this off well in advance of this week. His failure was not going public with it.

McCain also tried to get the Senate to pass reform specifically involving Fannie Mae and Freddie Mac, stood on the floor of the Senate and televised by CSPAN and warned what was at risk. Again, the Democrat-controlled Congress had no interest. And not so oddly enough, maybe its because those in Congress getting the biggest payoffs from Fannie Mae and Freddie Mac -are Democrats who were more than happy with the status quo even if it meant taxpayers got screwed big time for it. Fannie Mae execs certainly opposed Congress putting a stop to their unethical business practices -and knew who to pay off in order to get it voted down. Obama has now surpassed Chris Dodd as THE singlemost biggest recipient of Fannie Mae money -an unbelievable accomplishment for a freshman Senator. Apparently Fannie Mae execs' best skills weren't just raping taxpayers and destroying their own companies in the process - but also a real ability to spot which Senators were the most easily purchased.

I'm sure it was just SHEER coincidence when Obama turned around and put two former top Fannie Mae execs, two people who were most responsible for what happened at Fannie Mae while making sure they walked off with MILLIONS before its collapse -on his payroll. Better yet let's add some insult to the injury these guys inflicted on all taxpayers. Obama didn't just put them on his payroll -these two men are his TOP TWO economic "advisors". Obama and these two guys have done NOTHING but game the system -Obama for personal political gain and getting a major financier for his Presidential run and his two top economic "advisors" for personal profit at the expense of all taxpayers and political influence. A mutually beneficial but parasitic relationship -with taxpayers served up as the host for these parasites.

Since the Democrat controlled Congress had numerous opportunities to do something WELL before it reached this point, had numerous warnings from several different sources including the President and still chose to do NOTHING - I guess that means everyone who voted for and put a Democrat representative or Senator in Congress actually bears far more blame than those who voted for Bush. If Democrats already couldn't bring themselves to protect taxpayers by reining in the greedy, unethical and unsound business practices when they had the power to do it and with a Republican in the White House -by what means of self delusion can you pretend they would have if only we had a Democrat in the White House -someone already in bed with those cronies at Fannie Mae AND in Congress? It isn't Bush and Republicans in bed with these people so they could leave taxpayers holding the bag. Its DEMOCRATS. There is a reason THIS Democrat-controlled Congress has an historically low approval rating -worse than Bush. I'm so looking forward to the debates, how about you?

So naturally the boobs of the country would insist that the only sensible answer is to put two of those Senators from the VERY party which voted AGAINST reform, ignored every warning given and did NOTHING to forestall this from happening while leaving taxpayers holding the bag for $800 billion -in the White House. Oh sure, let's give the top spot to the guy Fannie Mae gave the most money over any other Senator this year -his only real accomplishment whatsoever! Let's give it to the guy who hired two of the former execs most responsible for what happened at Fannie Mae and at the root of this crisis while making sure they personally walked off with MILLIONS (one of whom made $90 million in just 6 years, the other of whom walked off with tens of millions at Fannie Mae before going over to Lehman's and cleaning them out of millions more). Obama has the two people who believed their "reward" for driving Fannie Mae and Lehman's to bankruptcy was TENS OF MILLIONS of dollars, one whom also coerced his underlings to manipulate the accounting books in order to maximize (polite word for fraudulently increasing) his bonus, two people at the very ROOT of what led to this crisis -and Obama holds out these two CROOKS who enriched themselves at taxpayer expense as his top economic "advisors" when they both belong behind bars. Speaks volumes about Obama's judgment at the very least and calls into serious question his own personal ethics and ability to place the best interest of this country before his own political gain. THIS is the guy you insist should be President?

Excuse me while I vomit.

 

[freethought]

Someone was taking my toilet thoughts far more seriously than everyone else... I'll give all the republicans 3 guesses, and the dems 1 (because they wont need more than 1, and if you're still a republican right now odds are you're not too bright).

As to your argument, you have one point, in that it is a congressional issue. And since the bill that causes all of this was written by a republican congress in 1999, and the gop controlled congress essentially from 94/95 to 06/07, when ALL of the risky investments/practices that the now failing banks are plagued by, then I totally see your point. It MUST be the dems fault.

I'll reform my position based on your criticism, though. Let's force all of the registered republicans who voted during this period to pay for it. (there's no kissy smile coming out, otherwise I would insert it here)

 

[editec]

Yes remind us again how you don't attack the republicans.

I attack untruth wherever I find it.

I find a lot of it coming off the pens of Republican supporters on this board.

I have never said I don't attack Republicans, BTW.

So think of this post as me pointing out that you are lying right now, Champ.

 

[Gunny]

I was sittin' on the toilet and I concluded that the housing crisis, the bank crisis, the economic crisis, failing school's, massive deficits and Iraq are not Bush's fault, nor for that matter are they the fault of anyone in the administration.

Responsibility for those things lie with the American people. Not all of them, mind you, only about 50 million people.

They aren't my fault because I didn't vote for Bush.

But they are the fault of people who voted for him, and ESPECIALLY the fault of people who were stupid and ignorant enough to vote for him twice.

We constantly hear about demanding our politicians take responsibility for their actions. Well, maybe it's time that "We the people" take responsibility for our votes.

Well, I sure hope you flushed this assinine reasoning with the rest of your shit.

Bush IS responsible for the US being in Iraq. He is also responsible for spending like a Democrat/liberal.

Our education system has been going down the shitter since WAY before Bush, as your thread reflects.

Likewise the combination of unscupulous lenders and a society that in general loves to live on credit and/or at or beyond their means.

Make sure you wipe and flush, and next time keep the TMI to yourself.

 

[Jon]

Yes but you have to think about the jobs that are being lost because these people cant pay their bills and its sinking the financial institutions. Look I hate taxes and I have paid over $60k in taxes the last 2 years but you know I worked at Countrywide and when you see the little people who did nothing wrong that make 30-35k a year and have kids in school and now they are jobless it really sucks. The job loss is the issue, we cant continue to see companies losing 20-30 thousand jobs. Its not good for anyone.

And you think putting Obama in office is going to stop job loss? If he raises taxes on corporations, even more jobs will be lost.

 

[sealybobo]

I was sittin' on the toilet and I concluded that the housing crisis, the bank crisis, the economic crisis, failing school's, massive deficits and Iraq are not Bush's fault, nor for that matter are they the fault of anyone in the administration.

Responsibility for those things lie with the American people. Not all of them, mind you, only about 50 million people.

They aren't my fault because I didn't vote for Bush.

But they are the fault of people who voted for him, and ESPECIALLY the fault of people who were stupid and ignorant enough to vote for him twice.

We constantly hear about demanding our politicians take responsibility for their actions. Well, maybe it's time that "We the people" take responsibility for our votes.

I'm going to remember you said this. Next year, after it is too late, pbs or nbc or cbs will come out with a documentary on how the war was started, how the economy got fucked up thru deregulations, who was involved, who made out.

I already know which laws the gop passed that led us to this. Democrats have known for a long time. We were called whiners. Socialists. Liberals! lol

The media won't put it all together yet, but they'll wait till after the election.

and the gop will have rush, o'reilly, beck & savage to spin what happened, so it'll be revisionist history eventually.

The american voter is dumb and you republicans are shameless.

Politicians are the product of their societies. If you have greedy stupid citizens, why wouldn't you have greedy ignorant politicians representing us?

Gop had 6.5 yrs. Bush ruling from 06 to 08 with a dem congress so give him half credit for those yrs and the dems only had any power for less than 2 yrs. gop had 6.5.

OBAMA 08!

 

[ABikerSailor]

Okay, so Congress writes the laws, passes 'em to the Senate, and then it goes to the President who then signs it, or vetoes it.

How does that make any of this deregulation crap NOT Bush Jr.'s fault? Actually, it makes him pretty involved.

Another thing......the housing crisis wasn't caused so much by the people who couldn't afford a house, the real culprit is all those assholes who started buying up houses left and right, and "flipping" them. They considered it free money. Matter of fact, there were quite a few economists (mainly on FAUX News), that were screaming about free money.

Once those people came up with their flipping projects? Well, they talked to the GOP Congress, who in turn talked to Bush and Cheney, who then passed the laws that allowed the predatory lending practices. When some of the flippers ended up defaulting because they couldn't sell their houses (they priced themselves out of existence), the mortgage companies started jacking up the rates on people who WERE making housing payments. Unfortunately, instead of letting the greedy pricks sink, they decided to bleed the base of their business (actual homeowners, not flippers), by raising their mortgage rates.

That's actually how it happened I believe.

Is Bush innocent? Not by a long shot. But, then again, I've got a hunch that he's going to go to Halliburton world HQ over in Dubai on the 21st of January, 2009.

 

[jschuck12001]

And you think putting Obama in office is going to stop job loss? If he raises taxes on corporations, even more jobs will be lost.

Nobody knows whats going to happen but he has a plan that has more substance than Mccains, in my opinion. Also I dont feel bad about windfall taxes on oil companies that have posted record earnings for 7 consecutive quarters. Thats complete bullshit