9 of the Last 10 Recessions, under GOP Pres...

The Trump crash will make that 10 of the last 11... Pathetic.

It's not "the Trump crash" you blithering idiot it's a global pandemic crash. The left's TDS is off the charts. Go hide under your bed covers snowflakes.
The only question that remains, will the Trump crash be worse than the Bush crash, either way GOP presidents always crash the economy. Every single GOP president since Ted Roosevelt has crashed the economy. Notta good look...

Dem's crashed the economy in 2008 fool. Your posts and OP are a lie.
The stock market crash of 2008 occurred on Sept. 29, 2008. The Dow Jones Industrial Average fell 777.68 points in intraday trading.
 
I borrowed at 5 1/2 or 6% The fn prime kept rising Thank God I didn't have to pay that for too long
Your rate wasn't fixed?

That sucks.
couldn't get a fixed Chem bank,no longer in business ,didn't offer one and I needed to buy a building I was occupying at the time or lose it Remember that was about 40 years ago,,,, Bought the building for 390 K and turned down over 9 million last year
Sweet!
But putting things in perspective it took 7 years to pay off that loan It was a different time
That's because the first MBS was not created until 1981.
LOL I had a 13 year old daughter who showed me how to use the computer And I still don;t know lol
 
The Trump crash will make that 10 of the last 11... Pathetic.

It's not "the Trump crash" you blithering idiot it's a global pandemic crash. The left's TDS is off the charts. Go hide under your bed covers snowflakes.
The only question that remains, will the Trump crash be worse than the Bush crash, either way GOP presidents always crash the economy. Every single GOP president since Ted Roosevelt has crashed the economy. Notta good look...

Dem's crashed the economy in 2008 fool. Your posts and OP are a lie.
The stock market crash of 2008 occurred on Sept. 29, 2008. The Dow Jones Industrial Average fell 777.68 points in intraday trading.
pretty big % back then
 
The Trump crash will make that 10 of the last 11... Pathetic.
9 of the last 10 US recessions began with a GOP President. Why would anyone trust a Republican with the economy again? – Alternet.org

Since Teddy Roosevelt, every single GOP pres has had a recession and some more than 1...
Should Trump expect a recession? Every Republican since Teddy Roosevelt has had one in their first term

It is a 100% lock that a GOP president will crash they economy, because every single one has...

Bill Clinton’s line at the 2012 Democratic Convention: “Since 1961, for 52 years now, the Republicans have held the White House 28 years, the Democrats 24…. In those 52 years, our private economy has produced 66 million private-sector jobs. So what's the jobs score? Republicans 24 million, Democrats 42 [million].”

(that number doesn't include the ~ 6 million jobs created under Obama, from 2012-2016)


Trump lies, Trumpers lie, BUT THE NUMBERS DON'T LIE...
What crash? The economy is sound. It will rebound.
 
So during these unprecedented times you present this drivel? Are you kidding me? Forget political parties, this is a worldwide pandemic. I did not hear Democrats one time discuss border security but now I bet they will. How many recessions happened with a Democrat Congress? You're a real loser. I live in Boston too and I am calling you a loser again. Move! LOSER!
Another meltdown!!!

The facts are kryptonite to a republican.

You can't handle the truth.

10 of the last 11 recessions were under a GOP president. Pathetic. 10 of the last 11.

It is simply a fact that since World War II, Democratic presidents have seen 24.4 million more jobs created on their watch—an average of 78.6% more jobs created per year of Democratic administrations—than have Republican presidents. Ditto real GDP growth, 44% higher under Democratic presidents. On the flip side, unemployment has been 18% higher under GOP presidents.
Trump Is Right About One Thing: 'The Economy Does Better Under The Democrats'

Notta a good look. I only care about the results for the past 100 years the results of democrat presidents have far surpassed those of the GOP...

EVERY SINGLE GOP PRESIDENT SINCE TED ROOSEVELT HAS HAD A RECESSION. They are batting 100% on recessions, and some have had more than 1 recession.

All you can do is cry like a little girl...

there are 3 certainties in this world, life, death, and every single GOP president will have a recession. I only care about the results.
We have a 3 branch ruling system. You’re long winded and pompous. You’re old and you never answered by question. Was the House Democrat or Republican? Unlike you, I am not a sheep. I have And will always be an Independent. You are a Democrat sheep with your Elizabeth Warren bumper sticker.
AHAHAHAHA!!!!

You are the biggest sheep on here, all you do is regurgitate GOP lies, then try and claim to be an indeopendent.

These are the facts:
SINCE WW2:
GDP growth under democrat presidents: 4.33%
GDP growth under GOP pres: 2.54%
Unemployment has been 18% higher under GOP presidents
Democrat presidents have seen 24.4 million more jobs created on their watch
Why does the economy do better when Democrats are in the White House?
Trump Is Right About One Thing: 'The Economy Does Better Under The Democrats'

Anyway you slice it, any metric you use, any numbers you use, They are all substantially better under democrat presidents. I have all the facts and all the numbers- facts are kryptonite to a republican.

Any real non-partisan can see the obvious trend, democrat presidents have significantly outperformed GOP for the past 80 years. AND it's not even close, not even remotely. There's nothing partisan about that. All you can do is make excuses, but you can't provide any real facts to refute anything I have said.
You don’t answer questions or listen. You’re a troll.
Great comeback, you can't address any of the many facts I have posted. All I have is facts, you have never posted anything of merit on here ever.

Post some facts to refute my facts...

REFUTE THIS WITH FACTS:

SINCE WW2:
GDP growth under democrat presidents: 4.33%
GDP growth under GOP pres: 2.54%
Unemployment has been 18% higher under GOP presidents
Democrat presidents have seen 24.4 million more jobs created on their watch
Every single GOP president since Ted Roosevelt has had at least 1 recession, 9 of the last 10 recessions (dating back to 1953) were under a gop president.

Either post some facts or STFU.
Was the House Democrat or Republican. Plus IDC. I am an Independent only a sheep belongs to one party and the parties have changed views multiple times since the times you have mentioned. You think the Republican Party has the same views now as it had in 1953? You’re a very stupid person. You’re not a Bostonian. You’re a liar.
 
The Trump crash will make that 10 of the last 11... Pathetic.
9 of the last 10 US recessions began with a GOP President. Why would anyone trust a Republican with the economy again? – Alternet.org

Since Teddy Roosevelt, every single GOP pres has had a recession and some more than 1...
Should Trump expect a recession? Every Republican since Teddy Roosevelt has had one in their first term

It is a 100% lock that a GOP president will crash they economy, because every single one has...

Bill Clinton’s line at the 2012 Democratic Convention: “Since 1961, for 52 years now, the Republicans have held the White House 28 years, the Democrats 24…. In those 52 years, our private economy has produced 66 million private-sector jobs. So what's the jobs score? Republicans 24 million, Democrats 42 [million].”

(that number doesn't include the ~ 6 million jobs created under Obama, from 2012-2016)


Trump lies, Trumpers lie, BUT THE NUMBERS DON'T LIE...
What crash? The economy is sound. It will rebound.
Sure it will ,,,if you have the time
 
The Trump crash will make that 10 of the last 11... Pathetic.
9 of the last 10 US recessions began with a GOP President. Why would anyone trust a Republican with the economy again? – Alternet.org

Since Teddy Roosevelt, every single GOP pres has had a recession and some more than 1...
Should Trump expect a recession? Every Republican since Teddy Roosevelt has had one in their first term

It is a 100% lock that a GOP president will crash they economy, because every single one has...

Bill Clinton’s line at the 2012 Democratic Convention: “Since 1961, for 52 years now, the Republicans have held the White House 28 years, the Democrats 24…. In those 52 years, our private economy has produced 66 million private-sector jobs. So what's the jobs score? Republicans 24 million, Democrats 42 [million].”

(that number doesn't include the ~ 6 million jobs created under Obama, from 2012-2016)


Trump lies, Trumpers lie, BUT THE NUMBERS DON'T LIE...
Hey "banker" tell us all about this.





Tell us "banker" when clinton forced banks under the threat of huge fines to lend to UNQUALIFIED buyers....and his affirmative action loans.

Tell us what that did to start the real estate bubble.

Go ahead "banker." Tell us all about it.
 
Do your best to explain why the democrats deliberately sunk the economy after they took control over the House and Senate in 2007.

We are all waiting for your brilliant explanation.


That's an easy one.

It was part of their strategy to win back the WH in 2008 and it worked
 
The Trump crash will make that 10 of the last 11... Pathetic.
9 of the last 10 US recessions began with a GOP President. Why would anyone trust a Republican with the economy again? – Alternet.org

Since Teddy Roosevelt, every single GOP pres has had a recession and some more than 1...
Should Trump expect a recession? Every Republican since Teddy Roosevelt has had one in their first term

It is a 100% lock that a GOP president will crash they economy, because every single one has...

Bill Clinton’s line at the 2012 Democratic Convention: “Since 1961, for 52 years now, the Republicans have held the White House 28 years, the Democrats 24…. In those 52 years, our private economy has produced 66 million private-sector jobs. So what's the jobs score? Republicans 24 million, Democrats 42 [million].”

(that number doesn't include the ~ 6 million jobs created under Obama, from 2012-2016)


Trump lies, Trumpers lie, BUT THE NUMBERS DON'T LIE...
Hey "banker" tell us all about this.





Tell us "banker" when clinton forced banks under the threat of huge fines to lend to UNQUALIFIED buyers....and his affirmative action loans.

Tell us what that did to start the real estate bubble.

Go ahead "banker." Tell us all about it.

“Banker” cannot even spell LTV
 
The Trump crash will make that 10 of the last 11... Pathetic.

It's not "the Trump crash" you blithering idiot it's a global pandemic crash. The left's TDS is off the charts. Go hide under your bed covers snowflakes.
The only question that remains, will the Trump crash be worse than the Bush crash, either way GOP presidents always crash the economy. Every single GOP president since Ted Roosevelt has crashed the economy. Notta good look...

Dem's crashed the economy in 2008 fool. Your posts and OP are a lie.
The stock market crash of 2008 occurred on Sept. 29, 2008. The Dow Jones Industrial Average fell 777.68 points in intraday trading.
pretty big % back then
I was on a beach for two weeks. Heard about it middle of 2nd week. Got home 401K in shambles. Bush was president. Knew already, it was deregulation, championed by the republicans that led to it.. Knew even before that, I would vote Democrat in November and have never regretted it. GDP growth under Obama was slow and steady after he got it back on it's feet after the republican crash. Republican's cannot be trusted with a fast paced economy, and never could. Hillary would have sucked in 2016, possibly as bad a trump. Voted 3rd party put my affairs in order and retired. Best move I ever made. I will be voting Joe Biden in November. He won't lie and divide like trump, when the chips are down.
 
The Trump crash will make that 10 of the last 11... Pathetic.
9 of the last 10 US recessions began with a GOP President. Why would anyone trust a Republican with the economy again? – Alternet.org

Since Teddy Roosevelt, every single GOP pres has had a recession and some more than 1...
Should Trump expect a recession? Every Republican since Teddy Roosevelt has had one in their first term

It is a 100% lock that a GOP president will crash they economy, because every single one has...

Bill Clinton’s line at the 2012 Democratic Convention: “Since 1961, for 52 years now, the Republicans have held the White House 28 years, the Democrats 24…. In those 52 years, our private economy has produced 66 million private-sector jobs. So what's the jobs score? Republicans 24 million, Democrats 42 [million].”

(that number doesn't include the ~ 6 million jobs created under Obama, from 2012-2016)


Trump lies, Trumpers lie, BUT THE NUMBERS DON'T LIE...
That is a great example of Democrat propaganda, because you did not say how the GOP presidents caused those recessions.
For example, the Democrats caused the Great Recession with their mortgage polices and then they tried to blame it on Bush.
 
It's not "the Trump crash" you blithering idiot it's a global pandemic crash. The left's TDS is off the charts. Go hide under your bed covers snowflakes.
The only question that remains, will the Trump crash be worse than the Bush crash, either way GOP presidents always crash the economy. Every single GOP president since Ted Roosevelt has crashed the economy. Notta good look...

Dem's crashed the economy in 2008 fool. Your posts and OP are a lie.
The stock market crash of 2008 occurred on Sept. 29, 2008. The Dow Jones Industrial Average fell 777.68 points in intraday trading.
pretty big % back then
I was on a beach for two weeks. Heard about it middle of 2nd week. Got home 401K in shambles. Bush was president. Knew already, it was deregulation, championed by the republicans that led to it.. Knew even before that, I would vote Democrat in November and have never regretted it. GDP growth under Obama was slow and steady after he got it back on it's feet after the republican crash. Republican's cannot be trusted with a fast paced economy, and never could. Hillary would have sucked in 2016, possibly as bad a trump. Voted 3rd party put my affairs in order and retired. Best move I ever made. I will be voting Joe Biden in November. He won't lie and divide like trump, when the chips are down.
Your lies are outstanding. Fact that you trust any career politician shows you’re a fool. Obama spent more than all the prior presidents combined and gave rise to BLM and ISIS but yeah he was awesome...idiot.
 
Last edited:
The Trump crash will make that 10 of the last 11... Pathetic.
9 of the last 10 US recessions began with a GOP President. Why would anyone trust a Republican with the economy again? – Alternet.org

Since Teddy Roosevelt, every single GOP pres has had a recession and some more than 1...
Should Trump expect a recession? Every Republican since Teddy Roosevelt has had one in their first term

It is a 100% lock that a GOP president will crash they economy, because every single one has...

Bill Clinton’s line at the 2012 Democratic Convention: “Since 1961, for 52 years now, the Republicans have held the White House 28 years, the Democrats 24…. In those 52 years, our private economy has produced 66 million private-sector jobs. So what's the jobs score? Republicans 24 million, Democrats 42 [million].”

(that number doesn't include the ~ 6 million jobs created under Obama, from 2012-2016)

Trump lies, Trumpers lie, BUT THE NUMBERS DON'T LIE...

Always nice to see the scumbum shitstains come out of the woodwork using any crisis they can to exploit their TDS-infused decrepitude hoping it'll paint Trump in a bad light.
I only care about the results.

Why do republicans always crash the economy, because every single GOP president has for the past 100 years... that's a long time.

If you care about results over partisan politics then you would see that GDP growth and job growth is much much stronger under democrat presidents than republicans. But you don't you care about partisan politics over results and are blind to the facts.
You're an idiot. once again who has been in charge of Congress when the economy crashes? A fucking worthless liberal. Blame the last 2 on Nancy Pelosi, who has been in charge both times. Why dont you idiots grow up and stop voting for those assholes?
 
9 of the Last 10 Recessions, under GOP Pres...

and a democrat house....
Yes more excuses. It's always somebody else's fault with you people. You can never take personal responsibility for any of your actions. You always blame others for everything.

If the GOP could run the country as good as they could make excuses for their failures, then we would be in a Clinton era golden age...
Come on....its the house that passes the budget...its the house that spends the money and votes on regulation and makes laws that affect bank loans etc etc...

So the 10 trillion Obama supposedly added to the debt was really the Houses fault. Very enlighten thinking! I mean "Hot potato!"
Dont forget the 4.5 trillion the FED created so Obama could borrow that money too. That makes about 14 trillion total but hey, idiots like you dont give a shit, you just want your free shit.
 
9 of the Last 10 Recessions, under GOP Pres...

and a democrat house....
Yes more excuses. It's always somebody else's fault with you people. You can never take personal responsibility for any of your actions. You always blame others for everything.

If the GOP could run the country as good as they could make excuses for their failures, then we would be in a Clinton era golden age...
Come on....its the house that passes the budget...its the house that spends the money and votes on regulation and makes laws that affect bank loans etc etc...

So the 10 trillion Obama supposedly added to the debt was really the Houses fault. Very enlighten thinking! I mean "Hot potato!"
Dont forget the 4.5 trillion the FED created so Obama could borrow that money too. That makes about 14 trillion total but hey, idiots like you dont give a shit, you just want your free shit.
Blindboo Is DeafDumbandBlindboo?
 
It's not "the Trump crash" you blithering idiot it's a global pandemic crash. The left's TDS is off the charts. Go hide under your bed covers snowflakes.
The only question that remains, will the Trump crash be worse than the Bush crash, either way GOP presidents always crash the economy. Every single GOP president since Ted Roosevelt has crashed the economy. Notta good look...

Dem's crashed the economy in 2008 fool. Your posts and OP are a lie.
The stock market crash of 2008 occurred on Sept. 29, 2008. The Dow Jones Industrial Average fell 777.68 points in intraday trading.
pretty big % back then
I was on a beach for two weeks. Heard about it middle of 2nd week. Got home 401K in shambles. Bush was president. Knew already, it was deregulation, championed by the republicans that led to it.. Knew even before that, I would vote Democrat in November and have never regretted it. GDP growth under Obama was slow and steady after he got it back on it's feet after the republican crash. Republican's cannot be trusted with a fast paced economy, and never could. Hillary would have sucked in 2016, possibly as bad a trump. Voted 3rd party put my affairs in order and retired. Best move I ever made. I will be voting Joe Biden in November. He won't lie and divide like trump, when the chips are down.
Who signed the Commodity Futures Modernization Act?

Who rewrote the Community Reinvestment Act and do you know what that did?

Who was the president that repealed the bipartisan Glass Steagall Act. What did that do?

Who had control of the House and Senate from 2007 to 2010 and what did the economy do during that time?

2007

  • August: President Bush emphatically calls on Congress to pass a reform package for Fannie Mae and Freddie Mac, saying "first things first when it comes to those two institutions. Congress needs to get them reformed, get them streamlined, get them focused, and then I will consider other options." (President George W. Bush, Press Conference, the White House, 8/9/07)

  • August: Senate Committee on Banking, Housing and Urban Affairs Chairman Christopher Dodd ignores the President's warnings and calls on him to "immediately reconsider his ill-advised" position. (Eric Dash, "Fannie Mae's Offer To Help Ease Credit Squeeze Is Rejected, As Critics Complain Of Opportunism," The New York Times, 8/11/07)

  • December: President Bush again warns Congress of the need to pass legislation reforming GSEs, saying "These institutions provide liquidity in the mortgage market that benefits millions of homeowners, and it is vital they operate safely and operate soundly. So I've called on Congress to pass legislation that strengthens independent regulation of the GSEs – and ensures they focus on their important housing mission. The GSE reform bill passed by the House earlier this year is a good start. But the Senate has not acted. And the United States Senate needs to pass this legislation soon." (President George W. Bush, Discusses Housing, the White House, 12/6/07)
2008

  • February: Assistant Treasury Secretary David Nason reiterates the urgency of reforms, saying "A new regulatory structure for the housing GSEs is essential if these entities are to continue to perform their public mission successfully." (David Nason, Testimony On Reforming GSE Regulation, Senate Committee On Banking, Housing And Urban Affairs, 2/7/08)

  • March: President Bush calls on Congress to take action and "move forward with reforms on Fannie Mae and Freddie Mac. They need to continue to modernize the FHA, as well as allow State housing agencies to issue tax-free bonds to homeowners to refinance their mortgages." (President George W. Bush, Remarks To The Economic Club Of New York, New York, NY, 3/14/08)

  • April: President Bush urges Congress to pass the much needed legislation and "modernize Fannie Mae and Freddie Mac. [There are] constructive things Congress can do that will encourage the housing market to correct quickly by … helping people stay in their homes." (President George W. Bush, Meeting With Cabinet, the White House, 4/14/08)

  • May: President Bush issues several pleas to Congress to pass legislation reforming Fannie Mae and Freddie Mac before the situation deteriorates further.
    • "Americans are concerned about making their mortgage payments and keeping their homes. Yet Congress has failed to pass legislation I have repeatedly requested to modernize the Federal Housing Administration that will help more families stay in their homes, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow state housing agencies to issue tax-free bonds to refinance sub-prime loans." (President George W. Bush, Radio Address, 5/3/08)

    • "[T]he government ought to be helping creditworthy people stay in their homes. And one way we can do that – and Congress is making progress on this – is the reform of Fannie Mae and Freddie Mac. That reform will come with a strong, independent regulator." (President George W. Bush, Meeting With The Secretary Of The Treasury, the White House, 5/19/08)

    • "Congress needs to pass legislation to modernize the Federal Housing Administration, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow State housing agencies to issue tax-free bonds to refinance subprime loans." (President George W. Bush, Radio Address, 5/31/08)
  • June: As foreclosure rates continued to rise in the first quarter, the President once again asks Congress to take the necessary measures to address this challenge, saying "we need to pass legislation to reform Fannie Mae and Freddie Mac." (President George W. Bush, Remarks At Swearing In Ceremony For Secretary Of Housing And Urban Development, Washington, D.C., 6/6/08)

  • July: Congress heeds the President's call for action and passes reform legislation for Fannie Mae and Freddie Mac as it becomes clear that the institutions are failing.

  • September: Democrats in Congress forget their previous objections to GSE reforms, as Senator Dodd questions "why weren't we doing more, why did we wait almost a year before there were any significant steps taken to try to deal with this problem? … I have a lot of questions about where was the administration over the last eight years." (Dawn Kopecki, "Fannie Mae, Freddie 'House Of Cards' Prompts Takeover," Bloomberg, 9/9/08)

Why are you ignoring facts and what point did you stop reading this out of embarrassment for yourself?
 
The only question that remains, will the Trump crash be worse than the Bush crash, either way GOP presidents always crash the economy. Every single GOP president since Ted Roosevelt has crashed the economy. Notta good look...

Dem's crashed the economy in 2008 fool. Your posts and OP are a lie.
The stock market crash of 2008 occurred on Sept. 29, 2008. The Dow Jones Industrial Average fell 777.68 points in intraday trading.
pretty big % back then
I was on a beach for two weeks. Heard about it middle of 2nd week. Got home 401K in shambles. Bush was president. Knew already, it was deregulation, championed by the republicans that led to it.. Knew even before that, I would vote Democrat in November and have never regretted it. GDP growth under Obama was slow and steady after he got it back on it's feet after the republican crash. Republican's cannot be trusted with a fast paced economy, and never could. Hillary would have sucked in 2016, possibly as bad a trump. Voted 3rd party put my affairs in order and retired. Best move I ever made. I will be voting Joe Biden in November. He won't lie and divide like trump, when the chips are down.
Who signed the Commodity Futures Modernization Act?

Who rewrote the Community Reinvestment Act and do you know what that did?

Who was the president that repealed the bipartisan Glass Steagall Act. What did that do?

Who had control of the House and Senate from 2007 to 2010 and what did the economy do during that time?

2007

  • August: President Bush emphatically calls on Congress to pass a reform package for Fannie Mae and Freddie Mac, saying "first things first when it comes to those two institutions. Congress needs to get them reformed, get them streamlined, get them focused, and then I will consider other options." (President George W. Bush, Press Conference, the White House, 8/9/07)

  • August: Senate Committee on Banking, Housing and Urban Affairs Chairman Christopher Dodd ignores the President's warnings and calls on him to "immediately reconsider his ill-advised" position. (Eric Dash, "Fannie Mae's Offer To Help Ease Credit Squeeze Is Rejected, As Critics Complain Of Opportunism," The New York Times, 8/11/07)

  • December: President Bush again warns Congress of the need to pass legislation reforming GSEs, saying "These institutions provide liquidity in the mortgage market that benefits millions of homeowners, and it is vital they operate safely and operate soundly. So I've called on Congress to pass legislation that strengthens independent regulation of the GSEs – and ensures they focus on their important housing mission. The GSE reform bill passed by the House earlier this year is a good start. But the Senate has not acted. And the United States Senate needs to pass this legislation soon." (President George W. Bush, Discusses Housing, the White House, 12/6/07)
2008

  • February: Assistant Treasury Secretary David Nason reiterates the urgency of reforms, saying "A new regulatory structure for the housing GSEs is essential if these entities are to continue to perform their public mission successfully." (David Nason, Testimony On Reforming GSE Regulation, Senate Committee On Banking, Housing And Urban Affairs, 2/7/08)

  • March: President Bush calls on Congress to take action and "move forward with reforms on Fannie Mae and Freddie Mac. They need to continue to modernize the FHA, as well as allow State housing agencies to issue tax-free bonds to homeowners to refinance their mortgages." (President George W. Bush, Remarks To The Economic Club Of New York, New York, NY, 3/14/08)

  • April: President Bush urges Congress to pass the much needed legislation and "modernize Fannie Mae and Freddie Mac. [There are] constructive things Congress can do that will encourage the housing market to correct quickly by … helping people stay in their homes." (President George W. Bush, Meeting With Cabinet, the White House, 4/14/08)

  • May: President Bush issues several pleas to Congress to pass legislation reforming Fannie Mae and Freddie Mac before the situation deteriorates further.
    • "Americans are concerned about making their mortgage payments and keeping their homes. Yet Congress has failed to pass legislation I have repeatedly requested to modernize the Federal Housing Administration that will help more families stay in their homes, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow state housing agencies to issue tax-free bonds to refinance sub-prime loans." (President George W. Bush, Radio Address, 5/3/08)

    • "[T]he government ought to be helping creditworthy people stay in their homes. And one way we can do that – and Congress is making progress on this – is the reform of Fannie Mae and Freddie Mac. That reform will come with a strong, independent regulator." (President George W. Bush, Meeting With The Secretary Of The Treasury, the White House, 5/19/08)

    • "Congress needs to pass legislation to modernize the Federal Housing Administration, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow State housing agencies to issue tax-free bonds to refinance subprime loans." (President George W. Bush, Radio Address, 5/31/08)
  • June: As foreclosure rates continued to rise in the first quarter, the President once again asks Congress to take the necessary measures to address this challenge, saying "we need to pass legislation to reform Fannie Mae and Freddie Mac." (President George W. Bush, Remarks At Swearing In Ceremony For Secretary Of Housing And Urban Development, Washington, D.C., 6/6/08)

  • July: Congress heeds the President's call for action and passes reform legislation for Fannie Mae and Freddie Mac as it becomes clear that the institutions are failing.

  • September: Democrats in Congress forget their previous objections to GSE reforms, as Senator Dodd questions "why weren't we doing more, why did we wait almost a year before there were any significant steps taken to try to deal with this problem? … I have a lot of questions about where was the administration over the last eight years." (Dawn Kopecki, "Fannie Mae, Freddie 'House Of Cards' Prompts Takeover," Bloomberg, 9/9/08)

Why are you ignoring facts and what point did you stop reading this out of embarrassment for yourself?
I read your gish gallup. I just don't buy it. It was the Bush Crash and Obama got us out of it.
 

Forum List

Back
Top