Still don't see WHAT MONTH...! I see 900,000 but NOT 1 million. I also see ONLY one month was the highest and there never were
EVERY month which was what you said: "Losing almost a million jobs every month?"
EVERY MONTH? One million every month?
I find your hysterics amusing in light of the fact you have frequently started topics about the loss of jobs Bush overcame in 2001. That recession doesn't hold a candle to the hemorrhaging of jobs that occurred at the end of his Administration which Obama walked into.
Not even close.
All brought on because of Democrats Barney Frank, Chris Dodd and those who were SUPPOSED to be overseeing the Mortgage and Loan industry.
Bush warned them numerous times about their obver exuberance without prudent safeguards.
But you want to forget about that.
And how about the role a young lawyer now known as, President Eboma, played in shaking down banks and lending institutions to force them to make increasing numbers of loans which were increasingly risky to borrowrs in the inner city and elsewhere who couldn't afford to buy homes.
And the banks knew it.
And Eboma knew it.
But the practice continued despite Bush's warnings.
And because it happened on his watch you think HE caused it.
That's like thinking the rooster is what causes the sun to rise every morning.
And that mentality is at the heart of ALL of the criticisms of GWB.
Stupidity. Ignorance. Lies. Propaganda.
Bullshit.
That's where you guys live.
And all you exude onto these pages.
Pure. Ignorant. Stupid. Liberal. Bull Shit.
**** you stupid ass.
Facts supporting your "Barney Frank, Chris Dodd "
GWB's administration was LAUGHED AT BY
Democrats Frank and Dodd after 17 times trying to get Fannie/Freddie fixed!
"Over the past six years, the President and his Administration have not only warned of the systemic consequences of failure to reform GSEs but also put forward thoughtful plans to reduce the risk that either Fannie Mae or Freddie Mac would encounter such difficulties.
President Bush publicly called for GSE reform at least 17 times in 2008 alone before Congress acted.
Unfortunately, these warnings went unheeded, as the President's repeated attempts to reform the supervision of these entities were thwarted by the legislative maneuvering of those who emphatically denied there were problems.
Setting the Record Straight The Three Most Egregious Claims In The New York Times Article On The Housing Crisis
Many prominent Democrats, including House Finance Chairman Barney Frank, opposed any legislation correcting the risks posed by GSEs.
* House Financial Services Committee Chairman Barney Frank (D-MA) criticized
the President's warning saying:
"these two entities - Fannie Mae and Freddie Mac - are not facing any kind of financial crisis .The more people exaggerate these problems,
the more pressure there is on these companies, the less we will see in terms of affordable housing."..
(Stephen Labaton, "New Agency Proposed To Oversee Freddie Mac And Fannie Mae," New York Times, 9/11/03)
* Senate Committee on Banking, Housing and Urban Affairs Chairman Christopher Dodd also ignored the President's warnings and
called 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," New York Times, 8/11/07)
Barney Frank s Fannie and Freddie Muddle - US News
Also Obama was the following attorney on:
Before 1995 home loans were made to people that could make the mortgage payments.
In these lawsuits, ACORN makes a bogus claim of Redlining (denying poor people loans because of their ethnic heritage).
They protested and got the local media to raise a big stink.
This stink means that the bank faces thousands of people closing their accounts and get local politicians to lobby to stop the bank from doing some future business, expansions and mergers.
ACORN filed tons of these lawsuits and ALL of them allege racism.
UPDATED Obama Sued Citibank Under CRA to Force it to Make Bad Loans - Media Circus Media Circus