Remember when FOX blamed Obama for high gas prices?

OBAMAGAS prices up? 'ALL OBAMA's fault!'
OBAMAGAS prices down? 'OBAMA had nothing to do with it, he got lucky!!'


Here, let's take a look:

Fox News Resumes Perennial Gas Price Charade - YouTube

(3 minutes of FOX railing on high gas prices, blaming it all on Obama, the video won't load onto USMB, you need to click on the link)

fox-gas.jpg


On the left: Varnes bitching about high gas prices a couple of years back: it's all Obama's fault. On the right: Varnes saying that cheap gas prices hurt the economy. Priceless!

Fox gas prices 1b - YouTube
(another FOX montage, this video will also not load onto USMB, you need to click on the link))

But wait, here is how FOX treated high gas prices in 2008, under the Bush administration:



(not a word blaming Bush for high gas prices)

At: 1:05 "No president has the power to increase or to lower gas prices".

Yepp, that's what that guest on FOX said. It is DELIGHTFUL to hear all of the excuses that FOX makes for high gas prices, but how dare anyone blame Bush for high gas prices in 2008! Suddenly, in 2009, after January 20th, it was all Obama's fault!! Delightful.

Typical FOX OBAMAGAS graphic in the last years:

gaspricesobama.jpg


Though not from FOX, this delightful billboard from Arizona is worth mentioning:

politifact_photos_billboard_for_pfact.jpg


And this billboard, too:

gas-prices-have-doubled-under-obama.jpg



And another FOX screenshot:

0.jpg


Welch said that Obama should tap our gas reserves.

Didn't Varney say in a graphic above that LOW gas prices hurt our economy? But wait, he was also saying that HIGH gas prices hurt our economy, and of course, it was all Obama's fault:

gas1.png


And remember when FOX tried to scare us that gas would go up to $7 a gallon?

7-gas.jpg


lol...

And of course, in an election year (2012):

foxnation-reality-gas-prices.jpg


Yes, FOX pulled out all the stops and even brought in it's SMARTEST people to talk about OBAMAGAS prices:

Screenshot2012-04-10at72924AM.png


Actually, this is not all that new, for you see, before Obama, FOX tried to pin this on, unbelievably, Nancy Pelosi:

Fox-blames-Nancy-Pelosi-for-High-Gas-Prices.jpg


"DEMS PICKED NANCY PELOSI" refers to her taking the Speaker's Gavel in January, 2007. So, at the same time that FOX news was twisting itself into a pretzel in order to make sure that Bush, Jr., an oil man, would not get blamed for soaring gas prices in 2008, FOX instead turned to the Steel Magnolia from San Francisco to blame. :lol:

This website compares Tim Graham and Neil Cavuto's treatment of gas prices under Obama as opposed to under Bush really quite well:

MRC s Tim Graham and Neil Cavuto Compare Coverage of Gas Prices Bush vs. Obama on Fox News

This website also does it's own pictorial history of how FOX treated Bushgas prices and then OBAMAGAS prices:

A Pictorial History Of Gas Prices As Presented By Fox News News Corpse

But now that OBAMAGAS prices are WAY, WAY, WAY down, here is the kind of stuff we see on FOX:

fbn-gascrisis.jpg


As OBAMAGAS prices first began to fall, FOX went immediately into "the economy is slowing" mode...

foxgaspricedrop3.jpg


"Why cheap gas isn't good".

Really? Tell that to the American driver.

In short, there are literally hundreds and hundreds of examples of FOX railing on the President for the cost of OBAMAGAS, the same FOX that protected Pres. Bush against any blame for high BUSHGAS prices in 2008.

Oh, and from YESTERDAY, Lou Dobb explains why OBAMAGAS is going down in price:

Why gas prices are falling On Air Videos Fox News
(the video is at the link)

00:40 "because, frankly, economies are slowing down across the world, specifically Europe, specifically China. As a result, less demand for oil, as a result..." (then interrupted by Bill O'Reilly)

1:52: (O'Reilly) "this makes the economy better... why...." (Dobbs:) "absolutely. Because you have greater production, cheaper fuel, which results in about $1,400 per household in extra disposable income. Remember, this is after tax - $1,400, and this is a big boost..." (O'Reilly)...... "a consumer driven economy, they (the people who are saving $1,400 a year on gas prices) are spending it in other places... and the entire economy lifts... so, Barack Obama, President Obama, he kind of lucked into this, didn't he?" (Dobbs:) "Uh, big time, and the result of fracking......."

:rofl:

So, there you have it: the President got lucky, that's all. But wait, Dobbs just said that lower OBAMAGAS prices are good for the economy. However, Neil Cavuto said in the same week that this is bad for the economy. Looks like the FOX-Coven needs to get it's story straight!!!

rightwinger - right up your alley!



I'm curious...can you name a single thing that Barry has done since taking office that would have led to lower energy prices? Because I can list a whole bunch of things that he's either done or proposed that would have led to much higher energy prices.

Bottom line...anyone in this Administration who tries to claim cheaper prices for gasoline or natural gas as something that THEY accomplished is laughably full of shit!



How Obama (and Bush) helped drive down oil prices

How Obama and Bush helped drive down oil prices - Yahoo Finance


The main factor in the recent price drop, DeHaan said, is a decision by OPEC countries not to cut production to drive up oil demand. OPEC believes the declining prices, left unabated, will make the production of shale oil unprofitable.


Bobby Scott Low gas prices are the result of Obama policies PolitiFact Virginia


Here are some of the other measures recently taken by the administration to boost domestic oil production, according to a recent White House factsheet:

* An increase in the sales of leases for oil and gas drilling on federal lands. In 2013, the Bureau of Land Management held 30 such sales—the most in a decade—offering 5.7 million acres for lease by industry.

* An increase in the speed with which permits are being issued for actual drilling on federal lands. What's called "processing time" has, the White House boasts, been cut from 228 days in 2012 to 194 days in 2013.

* The opening up of an additional 59 million acres for oil and gas drilling in the Gulf of Mexico, the site of a disastrous BP oil spill in April 2010.

In other words, global warming be damned!

How Obama Became the Oil President Mother Jones
 
I remember when gas prices were all that cowboy in the White House's fault according to the left. Ah partisanship at it's best.


Yepp, it's partisanship. And it's stupid. That is EXACTLY the point. That FOX changes the reasons for gas price rate hikes between BUSHGAS and OBAMAGAS is the point.

Thank you for supporting the OP.
So it's only partisan when it's coming from the Other side.

got it
:thup:
 
Funny, we were told by the left it was blood for oil. What happened to that? And how did Bush single handedly get us into Iraq? The Dems didn't help?
We went into Iraq in 03. Gas price in 08 was $1.75 per gallon


"Gas price in 08 was $1.75 per gallon"



REALLY? LOL


$4.09 per gallon in July 2008

Gas prices could soon break July 2008 record - USATODAY.com

YOU MEANT IN JAN 2009, WHEN WE WERE IN DUBYA'S GREAT RECESSION PRICES DROPPED TO BELOW $2 AN GALLON? LOL





ch.gaschart

You can't even read your own chart you idiot. Look again gas started dropping in sept 08

Started dropping in September 2008? Oh right when Dubya's subprime bubble started to collapse? lol

Gas prices fall below $1.87 - Nov. 26, 2008 - CNN Money

WOW I WAS OFF 2 MONTHS, LOL


BUT gas prices dropped $2 a gallon in 2 months, lol
No you're just off.... They started falling in Sept 08 read your damn chart genius


Started falling. oh yeah, Dubya allowed te Banksters to run a worldwide credit bubble then it busted, lol


YOUR posit was gas was $175 a gallon in 2008? lol
 
We went into Iraq in 03. Gas price in 08 was $1.75 per gallon


"Gas price in 08 was $1.75 per gallon"



REALLY? LOL


$4.09 per gallon in July 2008

Gas prices could soon break July 2008 record - USATODAY.com

YOU MEANT IN JAN 2009, WHEN WE WERE IN DUBYA'S GREAT RECESSION PRICES DROPPED TO BELOW $2 AN GALLON? LOL





ch.gaschart

You can't even read your own chart you idiot. Look again gas started dropping in sept 08

Started dropping in September 2008? Oh right when Dubya's subprime bubble started to collapse? lol

Gas prices fall below $1.87 - Nov. 26, 2008 - CNN Money

WOW I WAS OFF 2 MONTHS, LOL


BUT gas prices dropped $2 a gallon in 2 months, lol
No you're just off.... They started falling in Sept 08 read your damn chart genius


Started falling. oh yeah, Dubya allowed te Banksters to run a worldwide credit bubble then it busted, lol


YOUR posit was gas was $175 a gallon in 2008? lol


Yeah Bush caused the financial collapse? Not hardly pea brain, and gas started dropping in Sept 08 doesn't drop all at once
 
"Gas price in 08 was $1.75 per gallon"


REALLY? LOL


$4.09 per gallon in July 2008

Gas prices could soon break July 2008 record - USATODAY.com

YOU MEANT IN JAN 2009, WHEN WE WERE IN DUBYA'S GREAT RECESSION PRICES DROPPED TO BELOW $2 AN GALLON? LOL





ch.gaschart

You can't even read your own chart you idiot. Look again gas started dropping in sept 08

Started dropping in September 2008? Oh right when Dubya's subprime bubble started to collapse? lol

Gas prices fall below $1.87 - Nov. 26, 2008 - CNN Money

WOW I WAS OFF 2 MONTHS, LOL


BUT gas prices dropped $2 a gallon in 2 months, lol
No you're just off.... They started falling in Sept 08 read your damn chart genius


Started falling. oh yeah, Dubya allowed te Banksters to run a worldwide credit bubble then it busted, lol


YOUR posit was gas was $175 a gallon in 2008? lol


Yeah Bush caused the financial collapse? Not hardly pea brain, and gas started dropping in Sept 08 doesn't drop all at once

Yes, Dubya's subprime buble Bubba

Q When did the Bush Mortgage Bubble start?

A The general timeframe is it started late 2004.

From Bush’s President’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.”

Right-wingers Want To Erase How George Bush's "Homeowner Society" Helped Cause The Economic Collapse


2004 Republican Convention:

Another priority for a new term is to build an ownership society, because ownership brings security and dignity and independence.
...

Thanks to our policies, home ownership in America is at an all- time high.

(APPLAUSE)

Tonight we set a new goal: 7 million more affordable homes in the next 10 years, so more American families will be able to open the door and say, "Welcome to my home."


"Another form of easing facilitated the rapid rise of mortgages that didn't require borrowers to fully document their incomes. In 2006, these low- or no-doc loans comprised 81 percent of near-prime, 55 percent of jumbo, 50 percent of subprime and 36 percent of prime securitized mortgages."

Q HOLY JESUS! DID YOU JUST PROVE THAT OVER 50 % OF ALL MORTGAGES IN 2006 DIDN'T REQUIRE BORROWERS TO DOCUMENT THEIR INCOME?!?!?!?

A Yes.





Q WHO THE HELL LOANS HUNDREDS OF THOUSANDS OF DOLLARS TO PEOPLE WITHOUT CHECKING THEIR INCOMES?!?!?

A Banks.

Q WHY??!?!!!?!

A Two reasons, greed and Bush's regulators let them



Bush's documented policies and statements in time frame 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 (2004)
Lowering Invesntment banks capital requirements, Net Capital rule (2004)
Reversing the Clinton rule that restricted GSEs purchases of subprime loans (2004)
Lowering down payment requirements to 0% (2004)
Forcing GSEs to spend an additional $440 billion in the secondary markets (2003)

Giving away 40,000 free down payments (2004-2007)
PREEMPTING ALL STATE LAWS AGAINST PREDATORY LENDING (2003)



But the biggest policy was regulators not enforcing lending standards.

FACTS on Dubya s great recession US Message Board - Political Discussion Forum


SO YOUR POSIT OF $1.75 A GALLON GAS IN 2008 WAS TOTAL; BULLSHIT, THOUGH IT GOT CLOSE DROPPING BY $2 GALLON THE LAST 3 MONTHS OF 2008, THANKS TO DUBYA'S RECESSION, LOL
 
OBAMAGAS prices up? 'ALL OBAMA's fault!'
OBAMAGAS prices down? 'OBAMA had nothing to do with it, he got lucky!!'


Here, let's take a look:

Fox News Resumes Perennial Gas Price Charade - YouTube

(3 minutes of FOX railing on high gas prices, blaming it all on Obama, the video won't load onto USMB, you need to click on the link)

fox-gas.jpg


On the left: Varnes bitching about high gas prices a couple of years back: it's all Obama's fault. On the right: Varnes saying that cheap gas prices hurt the economy. Priceless!

Fox gas prices 1b - YouTube
(another FOX montage, this video will also not load onto USMB, you need to click on the link))

But wait, here is how FOX treated high gas prices in 2008, under the Bush administration:



(not a word blaming Bush for high gas prices)

At: 1:05 "No president has the power to increase or to lower gas prices".

Yepp, that's what that guest on FOX said. It is DELIGHTFUL to hear all of the excuses that FOX makes for high gas prices, but how dare anyone blame Bush for high gas prices in 2008! Suddenly, in 2009, after January 20th, it was all Obama's fault!! Delightful.

Typical FOX OBAMAGAS graphic in the last years:

gaspricesobama.jpg


Though not from FOX, this delightful billboard from Arizona is worth mentioning:

politifact_photos_billboard_for_pfact.jpg


And this billboard, too:

gas-prices-have-doubled-under-obama.jpg



And another FOX screenshot:

0.jpg


Welch said that Obama should tap our gas reserves.

Didn't Varney say in a graphic above that LOW gas prices hurt our economy? But wait, he was also saying that HIGH gas prices hurt our economy, and of course, it was all Obama's fault:

gas1.png


And remember when FOX tried to scare us that gas would go up to $7 a gallon?

7-gas.jpg


lol...

And of course, in an election year (2012):

foxnation-reality-gas-prices.jpg


Yes, FOX pulled out all the stops and even brought in it's SMARTEST people to talk about OBAMAGAS prices:

Screenshot2012-04-10at72924AM.png


Actually, this is not all that new, for you see, before Obama, FOX tried to pin this on, unbelievably, Nancy Pelosi:

Fox-blames-Nancy-Pelosi-for-High-Gas-Prices.jpg


"DEMS PICKED NANCY PELOSI" refers to her taking the Speaker's Gavel in January, 2007. So, at the same time that FOX news was twisting itself into a pretzel in order to make sure that Bush, Jr., an oil man, would not get blamed for soaring gas prices in 2008, FOX instead turned to the Steel Magnolia from San Francisco to blame. :lol:

This website compares Tim Graham and Neil Cavuto's treatment of gas prices under Obama as opposed to under Bush really quite well:

MRC s Tim Graham and Neil Cavuto Compare Coverage of Gas Prices Bush vs. Obama on Fox News

This website also does it's own pictorial history of how FOX treated Bushgas prices and then OBAMAGAS prices:

A Pictorial History Of Gas Prices As Presented By Fox News News Corpse

But now that OBAMAGAS prices are WAY, WAY, WAY down, here is the kind of stuff we see on FOX:

fbn-gascrisis.jpg


As OBAMAGAS prices first began to fall, FOX went immediately into "the economy is slowing" mode...

foxgaspricedrop3.jpg


"Why cheap gas isn't good".

Really? Tell that to the American driver.

In short, there are literally hundreds and hundreds of examples of FOX railing on the President for the cost of OBAMAGAS, the same FOX that protected Pres. Bush against any blame for high BUSHGAS prices in 2008.

Oh, and from YESTERDAY, Lou Dobb explains why OBAMAGAS is going down in price:

Why gas prices are falling On Air Videos Fox News
(the video is at the link)

00:40 "because, frankly, economies are slowing down across the world, specifically Europe, specifically China. As a result, less demand for oil, as a result..." (then interrupted by Bill O'Reilly)

1:52: (O'Reilly) "this makes the economy better... why...." (Dobbs:) "absolutely. Because you have greater production, cheaper fuel, which results in about $1,400 per household in extra disposable income. Remember, this is after tax - $1,400, and this is a big boost..." (O'Reilly)...... "a consumer driven economy, they (the people who are saving $1,400 a year on gas prices) are spending it in other places... and the entire economy lifts... so, Barack Obama, President Obama, he kind of lucked into this, didn't he?" (Dobbs:) "Uh, big time, and the result of fracking......."

:rofl:

So, there you have it: the President got lucky, that's all. But wait, Dobbs just said that lower OBAMAGAS prices are good for the economy. However, Neil Cavuto said in the same week that this is bad for the economy. Looks like the FOX-Coven needs to get it's story straight!!!

rightwinger - right up your alley!



I'm curious...can you name a single thing that Barry has done since taking office that would have led to lower energy prices? Because I can list a whole bunch of things that he's either done or proposed that would have led to much higher energy prices.

Bottom line...anyone in this Administration who tries to claim cheaper prices for gasoline or natural gas as something that THEY accomplished is laughably full of shit!



How Obama (and Bush) helped drive down oil prices

How Obama and Bush helped drive down oil prices - Yahoo Finance


The main factor in the recent price drop, DeHaan said, is a decision by OPEC countries not to cut production to drive up oil demand. OPEC believes the declining prices, left unabated, will make the production of shale oil unprofitable.


Bobby Scott Low gas prices are the result of Obama policies PolitiFact Virginia


Here are some of the other measures recently taken by the administration to boost domestic oil production, according to a recent White House factsheet:

* An increase in the sales of leases for oil and gas drilling on federal lands. In 2013, the Bureau of Land Management held 30 such sales—the most in a decade—offering 5.7 million acres for lease by industry.

* An increase in the speed with which permits are being issued for actual drilling on federal lands. What's called "processing time" has, the White House boasts, been cut from 228 days in 2012 to 194 days in 2013.

* The opening up of an additional 59 million acres for oil and gas drilling in the Gulf of Mexico, the site of a disastrous BP oil spill in April 2010.

In other words, global warming be damned!

How Obama Became the Oil President Mother Jones



I'm well acquainted with Patrick DeHaan. He knows his stuff.
 
"Bush's regulators"?
pssst.......when he said "our policies" he was talking about congressional policies.
Who were the House's and Senate's chairs that were tasked with financial oversight?
Oh! That's right......Frank/Dodd
 
Gas prices went down because traitorous democrats didnt get their way.

Gas prices went down because traitorous democrats didnt get their way.


LOL

PLEASE elaborate? Oh right you are simply blowing Rush/Beck off, lol
Fracking. Now go away child


Oh right, that just started the last few months as prices dropped right? lol

I told ya...............

Don't expect an intelligent answer from thanutos.....he just works at a gas station....or was that a 7/11?
 
"Bush's regulators"?
pssst.......when he said "our policies" he was talking about congressional policies.
Who were the House's and Senate's chairs that were tasked with financial oversight?
Oh! That's right......Frank/Dodd


""Bush's regulators"?
pssst.......when he said "our policies" he was talking about congressional policies.
Who were the House's and Senate's chairs that were tasked with financial oversight?
Oh! That's right......Frank/Dodd"


Don't know the EXECUTIVE BRANCH HAS OVERSIGHT? You know FBI, SEC, HUD (F/F), ETC? LOL

Who did this:

June 17, 2004


Builders to fight Bush's low-income plan


NEW YORK (CNN/Money) - Home builders, realtors and others are preparing to fight a Bush administration plan that would require Fannie Mae and Freddie Mac to increase financing of homes for low-income people, a home builder group said Thursday.


Home builders fight Bush's low-income housing - Jun. 17, 2004


Predatory Lenders' Partner in Crime

Predatory lending was widely understood to present a looming national crisis.

What did the Bush administration do in response? Did it reverse course and decide to take action to halt this burgeoning scourge?

Not only did the Bush administration do nothing to protect consumers, it embarked on an aggressive and unprecedented campaign to prevent states from protecting their residents from the very problems to which the federal government was turning a blind eye

In 2003, during the height of the predatory lending crisis, the OCC invoked a clause from the 1863 National Bank Act to issue formal opinions preempting all state predatory lending laws, thereby rendering them inoperative


Eliot Spitzer - Predatory Lenders' Partner in Crime





Frank/Dodd? Oh right Dems took Congress Jan 2007, lol


From Bush’s President’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.”


FACTS on Dubya s great recession US Message Board - Political Discussion Forum



lol

 
"Bush's regulators"?
pssst.......when he said "our policies" he was talking about congressional policies.
Who were the House's and Senate's chairs that were tasked with financial oversight?
Oh! That's right......Frank/Dodd


""Bush's regulators"?
pssst.......when he said "our policies" he was talking about congressional policies.
Who were the House's and Senate's chairs that were tasked with financial oversight?
Oh! That's right......Frank/Dodd"


Don't know the EXECUTIVE BRANCH HAS OVERSIGHT? You know FBI, SEC, HUD (F/F), ETC? LOL

Who did this:

June 17, 2004


Builders to fight Bush's low-income plan


NEW YORK (CNN/Money) - Home builders, realtors and others are preparing to fight a Bush administration plan that would require Fannie Mae and Freddie Mac to increase financing of homes for low-income people, a home builder group said Thursday.


Home builders fight Bush's low-income housing - Jun. 17, 2004


Predatory Lenders' Partner in Crime

Predatory lending was widely understood to present a looming national crisis.

What did the Bush administration do in response? Did it reverse course and decide to take action to halt this burgeoning scourge?

Not only did the Bush administration do nothing to protect consumers, it embarked on an aggressive and unprecedented campaign to prevent states from protecting their residents from the very problems to which the federal government was turning a blind eye

In 2003, during the height of the predatory lending crisis, the OCC invoked a clause from the 1863 National Bank Act to issue formal opinions preempting all state predatory lending laws, thereby rendering them inoperative


Eliot Spitzer - Predatory Lenders' Partner in Crime





Frank/Dodd? Oh right Dems took Congress Jan 2007, lol


From Bush’s President’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.”


FACTS on Dubya s great recession US Message Board - Political Discussion Forum



lol
Okay, Shaman.....

I don't put up with my wife or kids employees or bosses yelling at me.
I Damn sure don't have to listen to your shit.
Apparently you're too thick to know that committees have chairs, regardless of which party holds majority.

Say hi to IggyLand
:eusa_hand:
 
"Bush's regulators"?
pssst.......when he said "our policies" he was talking about congressional policies.
Who were the House's and Senate's chairs that were tasked with financial oversight?
Oh! That's right......Frank/Dodd

"Bush's regulators"?
pssst.......when he said "our policies" he was talking about congressional policies."


Pretty boilerplate conservative, always blubbering excuses about how conservatives aren't responsible for the complete and utter failure of their policies


AGAIN:

Forcing GSEs to buy more low income home loans by raising their Housing Goals

(FROM 50% TO 56%, EXECUTIVE BRANCH, NOT CONGRESS)

How HUD Mortgage Policy Fed The Crisis

Lowering Investment banks capital requirements, Net Capital rule
EXECUTIVE BRANCH, NOT CONGRESS


The SEC Rule That Broke Wall Street



Reversing the Clinton rule that restricted GSEs purchases of subprime loans
EXECUTIVE BRANCH, NOT CONGRESS

"(In 2000, CLINTON) HUD restricted Freddie and Fannie, saying it would not credit them for loans they purchased that had abusively high costs or that were granted without regard to the borrower's ability to repay."

How HUD Mortgage Policy Fed The Crisis

"In 2004 (BUSH), the 2000 rules were dropped and high‐risk loans were again counted toward affordable housing goals."
http://www.prmia.org/sites/default/files/references/Fannie_Mae_and_Freddie_Mac_090911_v2.pdf




Lowering down payment requirements to 0%
OK THE GOP GOAL FROM THEIR 2000 CONVENTION DUBYA PUSHED AND THE GOP CONGRESS PASSED, LOL

Forcing GSEs to spend an additional $440 billion in the secondary markets
EXECUTIVE BRANCH, NOT CONGRESS


June 17 2004 :President G.W. Bush sets goal of increasing minority home owners by at least 5.5 million by 2010 through tax credits, subsidies and a Fannie Mae commitment of $440 billion to establish NeighborWorks America with faith-based organizations

President Calls for Expanding Opportunities to Home Ownership



PREEMPTING ALL STATE LAWS AGAINST PREDATORY LENDING
EXECUTIVE BRANCH, NOT CONGRESS



Predatory Lenders' Partner in Crime

Predatory lending was widely understood to present a looming national crisis.

What did the Bush administration do in response? Did it reverse course and decide to take action to halt this burgeoning scourge?

Not only did the Bush administration do nothing to protect consumers, it embarked on an aggressive and unprecedented campaign to prevent states from protecting their residents from the very problems to which the federal government was turning a blind eye

In 2003, during the height of the predatory lending crisis, the OCC invoked a clause from the 1863 National Bank Act to issue formal opinions preempting all state predatory lending laws, thereby rendering them inoperative


Eliot Spitzer - Predatory Lenders' Partner in Crime



LOL
 
"Bush's regulators"?
pssst.......when he said "our policies" he was talking about congressional policies.
Who were the House's and Senate's chairs that were tasked with financial oversight?
Oh! That's right......Frank/Dodd


""Bush's regulators"?
pssst.......when he said "our policies" he was talking about congressional policies.
Who were the House's and Senate's chairs that were tasked with financial oversight?
Oh! That's right......Frank/Dodd"


Don't know the EXECUTIVE BRANCH HAS OVERSIGHT? You know FBI, SEC, HUD (F/F), ETC? LOL

Who did this:

June 17, 2004


Builders to fight Bush's low-income plan


NEW YORK (CNN/Money) - Home builders, realtors and others are preparing to fight a Bush administration plan that would require Fannie Mae and Freddie Mac to increase financing of homes for low-income people, a home builder group said Thursday.


Home builders fight Bush's low-income housing - Jun. 17, 2004


Predatory Lenders' Partner in Crime

Predatory lending was widely understood to present a looming national crisis.

What did the Bush administration do in response? Did it reverse course and decide to take action to halt this burgeoning scourge?

Not only did the Bush administration do nothing to protect consumers, it embarked on an aggressive and unprecedented campaign to prevent states from protecting their residents from the very problems to which the federal government was turning a blind eye

In 2003, during the height of the predatory lending crisis, the OCC invoked a clause from the 1863 National Bank Act to issue formal opinions preempting all state predatory lending laws, thereby rendering them inoperative


Eliot Spitzer - Predatory Lenders' Partner in Crime





Frank/Dodd? Oh right Dems took Congress Jan 2007, lol


From Bush’s President’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.”


FACTS on Dubya s great recession US Message Board - Political Discussion Forum



lol
Okay, Shaman.....

I don't put up with my wife or kids employees or bosses yelling at me.
I Damn sure don't have to listen to your shit.
Apparently you're too thick to know that committees have chairs, regardless of which party holds majority.

Say hi to IggyLand
:eusa_hand:


SO the Dems chaired committees in GOP controlled Congress? SERIOUSLY DUMMY? lol

PLEASE tell me about this? lol
 
"Bush's regulators"?
pssst.......when he said "our policies" he was talking about congressional policies.
Who were the House's and Senate's chairs that were tasked with financial oversight?
Oh! That's right......Frank/Dodd


""Bush's regulators"?
pssst.......when he said "our policies" he was talking about congressional policies.
Who were the House's and Senate's chairs that were tasked with financial oversight?
Oh! That's right......Frank/Dodd"


Don't know the EXECUTIVE BRANCH HAS OVERSIGHT? You know FBI, SEC, HUD (F/F), ETC? LOL

Who did this:

June 17, 2004


Builders to fight Bush's low-income plan


NEW YORK (CNN/Money) - Home builders, realtors and others are preparing to fight a Bush administration plan that would require Fannie Mae and Freddie Mac to increase financing of homes for low-income people, a home builder group said Thursday.


Home builders fight Bush's low-income housing - Jun. 17, 2004


Predatory Lenders' Partner in Crime

Predatory lending was widely understood to present a looming national crisis.

What did the Bush administration do in response? Did it reverse course and decide to take action to halt this burgeoning scourge?

Not only did the Bush administration do nothing to protect consumers, it embarked on an aggressive and unprecedented campaign to prevent states from protecting their residents from the very problems to which the federal government was turning a blind eye

In 2003, during the height of the predatory lending crisis, the OCC invoked a clause from the 1863 National Bank Act to issue formal opinions preempting all state predatory lending laws, thereby rendering them inoperative


Eliot Spitzer - Predatory Lenders' Partner in Crime





Frank/Dodd? Oh right Dems took Congress Jan 2007, lol


From Bush’s President’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.”


FACTS on Dubya s great recession US Message Board - Political Discussion Forum



lol
Okay, Shaman.....

I don't put up with my wife or kids employees or bosses yelling at me.
I Damn sure don't have to listen to your shit.
Apparently you're too thick to know that committees have chairs, regardless of which party holds majority.

Say hi to IggyLand
:eusa_hand:


One president controlled the regulators that not only let banks stop checking income but cheered them on. And as president Bush could enact the very policies that caused the Bush Mortgage Bubble and he did. And his party controlled congress.



The critics have forgotten that the House passed a GSE reform bill in 2005 that could well have prevented the current crisis, says Mr Oxley (R), now vice-chairman of Nasdaq.”

“What did we get from the White House? We got a one-finger salute.”


Oxley (REPUBLICAN) was Chairman of the House Financial Services committee and sponsor of the only reform bill to pass any chamber of the republican controlled congress
 
I remember when gas prices were all that cowboy in the White House's fault according to the left. Ah partisanship at it's best.


Yepp, it's partisanship. And it's stupid. That is EXACTLY the point. That FOX changes the reasons for gas price rate hikes between BUSHGAS and OBAMAGAS is the point.

Thank you for supporting the OP.
You understand you didnt quote Fox saying anything, right? You just quoted some on air personalities.
You are so gullible, Herr Kind.


Guests who were PAID for by FOX, graphics that were put together by FOX personnel. And Varney and Dobbs are full-time employees of FOX. Stop making excuses for the obvious, your groveling before your FOX-God is really embarrassing for people to have to watch.
 

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