president bush did not loosen the regulations, but the regulations were loosened by the Republicans....
april 09 was 2 months in to obama's presidency...I highly doubt he had replaced all of the "bush" people in MMS yet, with his own people....but go ahead and foolishly act like Obama did this.... that's nuts in my opinion.
Maybe you guys should have elected Hillary then. Apparently SHE was "ready from Day One" ... unlike the schlep who got in.
He only had, what?... two years to plan? He was only a U.S. Senator with plenty of access to the inside mechanisms of Washington since 2004. Maybe five years isn't enough, regardless of his myriad complaints as to what he wanted to "change".
Umm, he was running a campaign in those 2 years. What do you think you do in a campaign, sit in a room and plan your presidency?