- Dec 8, 2013
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- #481
Glad your dick for a brain just deliberately ignored every fact I provided for your arrogant ass about what caused the economic crisis.So, lets just call it a coincidence, I mean the fact that every regressive gop potus since Hoover, including current impeached potus, have caused at least one recession...Explain how he saved the world economy.I don't know if I should call it successful, but USA under our current thug in chief is about socialist as it gets, he closed a rapid response pandemic unit that costed a couple of million dollars, for a re-distribution package of 2.2 trillion, from which our government won't recover a penny. In contrast Obamas stimulus package was 900 billion, fully recovered with interest, and in the process, saved world economy...Go ahead, we are interested in hearing these wonderful successes.
Please, list the countries.
Another one that needs an education.
You referring to the economic crash that was bipartisan that had little to nothing to do with any Bush policy and happened only after the democrats took control of Congress in 2007 and were kicked out of the House in 2010?
Before you say anything that unbelievably cliche and brainwashed crap that your pea brainwashed brain has regurgitated for over a decade, let me see if you have any ability to comment on these facts.
Why did the democrat controlled Congress deliberately ignore every warning put out by the White House?
Here, dick brain. Comment on these.
2007
2008
- August: President Bush emphatically calls on Congress to pass a reform package for Fannie Mae and Freddie Mac, saying "first things first when it comes to those two institutions. Congress needs to get them reformed, get them streamlined, get them focused, and then I will consider other options." (President George W. Bush, Press Conference, the White House, 8/9/07)
- August: Senate Committee on Banking, Housing and Urban Affairs Chairman Christopher Dodd ignores the President's warnings and calls 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," The New York Times, 8/11/07)
- December: President Bush again warns Congress of the need to pass legislation reforming GSEs, saying "These institutions provide liquidity in the mortgage market that benefits millions of homeowners, and it is vital they operate safely and operate soundly. So I've called on Congress to pass legislation that strengthens independent regulation of the GSEs – and ensures they focus on their important housing mission. The GSE reform bill passed by the House earlier this year is a good start. But the Senate has not acted. And the United States Senate needs to pass this legislation soon." (President George W. Bush, Discusses Housing, the White House, 12/6/07)
- February: Assistant Treasury Secretary David Nason reiterates the urgency of reforms, saying "A new regulatory structure for the housing GSEs is essential if these entities are to continue to perform their public mission successfully." (David Nason, Testimony On Reforming GSE Regulation, Senate Committee On Banking, Housing And Urban Affairs, 2/7/08)
- March: President Bush calls on Congress to take action and "move forward with reforms on Fannie Mae and Freddie Mac. They need to continue to modernize the FHA, as well as allow State housing agencies to issue tax-free bonds to homeowners to refinance their mortgages." (President George W. Bush, Remarks To The Economic Club Of New York, New York, NY, 3/14/08)
- April: President Bush urges Congress to pass the much needed legislation and "modernize Fannie Mae and Freddie Mac. [There are] constructive things Congress can do that will encourage the housing market to correct quickly by … helping people stay in their homes." (President George W. Bush, Meeting With Cabinet, the White House, 4/14/08)
- May: President Bushissues several pleas to Congress to pass legislation reforming Fannie Mae and Freddie Mac before the situation deteriorates further.
- "Americans are concerned about making their mortgage payments and keeping their homes. Yet Congress has failed to pass legislation I have repeatedly requested to modernize the Federal Housing Administration that will help more families stay in their homes, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow state housing agencies to issue tax-free bonds to refinance sub-prime loans." (President George W. Bush, Radio Address, 5/3/08)
- "[T]he government ought to be helping creditworthy people stay in their homes. And one way we can do that – and Congress is making progress on this – is the reform of Fannie Mae and Freddie Mac. That reform will come with a strong, independent regulator." (President George W. Bush, Meeting With The Secretary Of The Treasury, the White House, 5/19/08)
- "Congress needs to pass legislation to modernize the Federal Housing Administration, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow State housing agencies to issue tax-free bonds to refinance subprime loans." (President George W. Bush, Radio Address, 5/31/08)
- June: As foreclosure rates continued to rise in the first quarter, the President once again asks Congress to take the necessary measures to address this challenge, saying "we need to pass legislation to reform Fannie Mae and Freddie Mac." (President George W. Bush, Remarks At Swearing In Ceremony For Secretary Of Housing And Urban Development, Washington, D.C., 6/6/08)
- July: Congress heeds the President's call for action and passes reform legislation for Fannie Mae and Freddie Mac as it becomes clear that the institutions are failing.
- September: Democrats in Congress forget their previous objections to GSE reforms, as Senator Dodd questions "why weren't we doing more, why did we wait almost a year before there were any significant steps taken to try to deal with this problem? … I have a lot of questions about where was the administration over the last eight years." (Dawn Kopecki, "Fannie Mae, Freddie 'House Of Cards' Prompts Takeover," Bloomberg, 9/9/08)
While you are choking on your boyfriends fluids as you are pretending to read that while you ignore it you pathetic hypocrite, why don't you explain what happened when your beloved clinton rewrote the Community Reinvestment Act. You ignorant idiot.
Why don't you explain what happened when he signed the Commodity Futures Modernization Act which exempted default swaps from regulation?
You are a pathetic typical loser just blowing out chunks of shit out of your pathetic brain, as commie China has infected the fucking world.
You pathetic loser.
You are just filled with pathetic cliches and commie propaganda loser. All while living here and benefiting from everything the free market has provided.
Get back to your impeachment cries loser while the world melts down from a virus that the commie country started yet again.
Make sure you blame white Republicans and Fox News for the crisis. Every other ignorant pathetic gasbag is.
While you are at it, make sure you parrot the racism pushed by Mac as he provided only predominantly white countries as "successes" of socialism.
What deranged hypocritical losers you all are. Freaking racists.