In 2008 Obama crashed the market
LIAR!
In 2007 BUSH crashed the market and everything else, Obama didn't become president until 2009.
LIAR! The congress democrats crashed the economy with the forcing banks to extend unsecured loans. GW Bush actually tried to warn them but democrats never listen. Now you try to cover up claiming as always that a "republican" did it.
Pure revisionist BULLSHIT
It was BUSH who made no downpayment loans possible to people with bad credit for more than the property was worth in Dec 2003 and the housing market sub-prime loans skyrocketed afterward.
BUSH owns the housing market crash all to himself.
Wow, you really think a president himself wields such power! I guess you have no idea that it is the CONGRESS which controls legislation over financial regulations, not the president. But then as usual, being the perennial shitheel ignorant partisan liar that you are, you only know what you are told to regurgitate with your head up the MSM's ass! I note that while accusing ME of revisionism, you supply NOT EVEN ONE publication backing up your claims that it was all Bush.
Well here, Edith, let he help you with that.
The thousands of mortgage defaults and foreclosures in the "subprime" housing market (i.e., mortgage holders with poor credit ratings) is the direct result of thirty years of government policy that has forced banks to make bad loans to un-creditworthy borrowers. The policy in question is the...
www.lewrockwell.com
Of the 19.2 million subprime/low quality loans on the books of government agencies in 2008, 12 million were held or guaranteed by Fannie and Freddie
www.theatlantic.com
Bush warned us of a potential financial crisis, repeatedly. Obama lied when he blamed the Bush Administration for our current financial crisis. It's on the record.
barackobamafile.com
FAKE NEWS from Right-wing liars. Racist scum always blame the CRA!
it was the BUSH government and the GOPQ controlled Congress who crashed the economy.
TOO FUNNY. You really expect me to believe that ALL those independent reports are false, fake, lies simply because they don't comport with YOUR warped leftwing world view? And sorry, Edith but, back then, the DEMOCRATS controlled the House which controlled the financial regulations, NOT the GOP and certainly not the president. Ever.
JUST LIKE NOW.