If we should take a giant leap backwards and put the party of greed and excess back in charge cutting social programs while going hog wild on spending on corporate subsidies, tax breaks, defense contracts, and Federal Salaries and benefits -- the income gap will quickly grow to pre-Depression levels and when people have no money to spend in a Consumer Driven Economy -- the country will fall apart pretty fast.
And while the ship is sinking, the scumbags at Fox will blame Obama.
While six years and counting you blame Bush. I find it amusing that when the House and the Senate were controlled by the Dems for two years before Obama came into the picture, you still blame Bush but if the same thing happen in the last two years of the Obama administration, you will blame Republicans. Shows what a hypocrite you are and how you are nothing but a partisan shithead with a fucking partisan agenda. You like other extreme partisans need to go fuck off, because it is stupid and ignorant people like you on both sides of the aisle that are screwing the nation over.
Still waiting for the ONE bill the Dems passed under Dubya that changed his policies?
IF the GOP gets the Senate, nothing changes, the GOP has been dragging Obama down from day one, fighting EVERYTHING that might help US, all in the name of their failed ideology!
THE PREZ USES EXECUTIVE BRANCH POWER WITH THE ABSENCE OF CONGRESS. DUBYA'S REGULATOR FAILURE PROVED IT!
Numb nuts, the same will be said if the GOP wins the Senate next month.
Again, it was policies stated in your own links in another thread that started way before Bush that led to 2008.
You partisan nut jobs on both sides of the aisle create your own problems by not seeing the whole picture. I tire of the mindless partisan BS.
Bush 2008?
Q When did the Bush Mortgage Bubble start?
A The general timeframe is it started late 2004.
From BushÂ’s PresidentÂ’s Working Group on Financial Markets October 2008
“The Presidents Working Group’s March policy statement acknowledged that turmoil in financial markets clearly
was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007.”
Bushs documented policies and statements in timeframe leading up to the start of the Bush Mortgage Bubble include (but not limited to)
Wanting 5.5 million more minority homeowners
Tells congress there is nothing wrong with GSEs
Pledging to use federal policy to increase home ownership
Routinely taking credit for the housing market
Forcing GSEs to buy more low income home loans by raising their Housing Goals
Lowering Invesntment banks capital requirements, Net Capital rule
Reversing the Clinton rule that restricted GSEs purchases of subprime loans
Lowering down payment requirements to 0%
Forcing GSEs to spend an additional 440 billion in the secondary markets
Giving away 40,000 free down payments
PREEMPTING ALL STATE LAWS AGAINST PREDATORY LENDING
But the biggest policy was regulators not enforcing lending standards.
FACTS on Dubya s great recession US Message Board - Political Discussion Forum
Yes, thankfully the Dems got a few things done in Congress 2009 so that Obama could help US get out of ANOTHER GOP shithole!