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You can't judge a presidency until after he has left office and in my opinion until after everyone alive during his presidency is no longer living. That would take all the BIAS out of the equation. When Lincoln was presiding and even as long as 50 years after his death, he was easily rated among the WORST presidents ever.. It's amazing what a little time and reflection can do..
Many of the problems were actually in the loans that Fannie and Freddie had little involvement with. The stated income asset stuff, no income documentation, and the best of the bunch the option arm neg am loans. For the most part these were not loans backed or insured by Freddie/ Fannie or any government program, Just pure greed loans given out by the banks with little or no care or regulation.
Loans the the banks were forced to give, to people that could not afford them, by the Community Redevelopment Act. All the banks did was find a way to get these bad loans off their balance sheets.
In my lifetime, I still say Carter was the worst for the first three years of his term. I only say Obama is the 2nd worst because he does have a couple of foreign policy achievements. Without that hands down the worst.
On top of that you keep hearing these stories of how BHO is isolated in the White House. Works short days, totally out of touch.
He has increased or National debt by a record $5 trillion in three years. This with a major war in Iraq winding down. Unemployment has increased from 6.5% when he was elected to 9.1%. He has overseen worse racial strife and has been less transparent in contrast to what he promised in his campaign. Even democrats have to be unhappy that his failed policies have cost the party the house and soon will cost them the senate and the presidency.
It is too soon to tell if he is the worst, but he certianly won't go down as the best, that is for certain.
You can't judge a presidency until after he has left office and in my opinion until after everyone alive during his presidency is no longer living. That would take all the BIAS out of the equation. When Lincoln was presiding and even as long as 50 years after his death, he was easily rated among the WORST presidents ever.. It's amazing what a little time and reflection can do..
While I agree that looking back sometimes changes the perception of a president and how really good or bad they were, why would they have to be dead? Is it because more of the truth about them will come out once they are gone or people would be willing to be more forthcoming about their presidency?
I guess you could say that Obama is the worst President in US history, by way of keeping the same policies in tact of Unconstitutional Wars, Corporations and Lobbyists infiltrating Congress, a corrupt and dysfunctional Federal Reserve and an ever growing and freedom infringing Federal Government, that had all been celebrated and enacted by the ACTUAL worst President in United States history, George W. Bush.
You can't judge a presidency until after he has left office and in my opinion until after everyone alive during his presidency is no longer living. That would take all the BIAS out of the equation. When Lincoln was presiding and even as long as 50 years after his death, he was easily rated among the WORST presidents ever.. It's amazing what a little time and reflection can do..
^^this.
Same with Truman. We was widely despised in his time, but now is well regarded. I think history will find Clinton, W Bush, and Obama as much more alike than different even though we can't see it now.
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