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Yes, Barney Frank had a hand in the mortgage fiasco, but lets not forget Phil Gramm or is this a information that the right want to continue ignoring.
From the OP...
Clinton vowed to veto the Senate version of the bill unless it was re-written to include "requirements that banks make loans to minorities, farmers, and others who have had little access to credit." The new version passed 90-8 in the Senate, passed the House, and Clinton signed it into law. Clinton's required reworking of the bill should be studied closely to see what role, if any, it played in illegal, often racist, subprime loans at higher rates than Caucasian borrowers were offered.
So if we are successful in Afghanistan Islamic terrorism will be a thing of the past?
Do you seriously believe that?
We went to Iraq because that's where the nerve gas was believed to be.
Should we have waited until more American were killed before we acted?
Clinton's way of doing business, to include a 25% attrition rate at CIA, got us 9/11. Would you do the same to promote your election year propaganda?
Of course it would not have been a thing of the past, but Afghanistan would have been more stable than it is today if we continued to focus on it.
We did not go into Iraq because it is where the nerve gas was thought to be, we went to Iraq because the Bush administration wanted to go to war with Iraq, and started making to focus in on Iraq prior to 9/11.
We were already acting to prevent more Americans from being killed by going after those who attacked us and those with the means of attacking us. We then decided to take the fight AWAY from those we needed to act agains,t those who were our gravest threats to focus on an area that wasn't, getting more than 4,000 Americans killed in the process and not paying for it.
Bush Jr. cleaned up both Reagan and his daddies mess so him, his family, and his newly appointed VICE PRESIDENT OF THE UNITED STATES OF AMERICA/HALLIBURTON DICK CHENEY would gain. I am not saying we shouldn't have gone, but we didn't have the planning nor the backing to make it our quest. This war is costing us around $750 billion. The Insider - Iraq's WMD - Made in America
Bush Jr and his family friend Kenneth Enron Lay along with the head of the White House Energy Task Force Mr. Dick Cheney were all in bed with each other.
And biggest of all Bush killed our confidence in politics.
I'm not going to say the Dems didn't help drive this country into the ground, but Bush certainly gave the car to Obama with no gas and a nearly maxed out credit card!
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Originally Posted by momonkey
Sr is not the subject of this thread.
Point is NAFTA was created by Bush's daddy and JR was an enabler. Remember he had the lowest number of jobs created since the Great Depression? That has something to do with the economy now doesn't it? Jr. never had his own mind and was wired from the start.
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Did you throw up in your mouth when you found out Micheal Moore and George Soros owned Haliburton stock? I know I did.
Did I miss something here? or are you just trying to take the spot light off of Bush Jr. and Mr Vice President Cheney?
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Haliburtion didn't load unregulated and highly leveraged CDOs with worthless CRA NINJA mortgages that were leveraged with other equally worthless CDOs. Fannie and Freddie were buying up the CRA paper per Bubba's instructions and selling toxic CDOs as AAA investments to all the banks we would later bail out because, thanks to the repeal of Glass-Steigall, they were too large to fail.
Your still side stepping the corruption and blatant disregard for our countries citizens.
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Who was it who signed the "Enron Loophole" into law?
Lets not forget that Jr. tried to veto the bill in '08 but was overridden by both the House and the Senate.
Bush Sr. helped orchestrate the Enron scandal before Jr was in office.
Have we forgotten the Carlyle Group that Sr. was apart of? did this father son duo not blatantly skate by the American people with clear intentions of self gain?
These two clowns made a mockery of our government and is part of the reason so many countries despise us today.
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Why would you have confidence in any politician?
Still waiting for you to list ONE thing "W" did.
It's important to be optimistic with people of power and at the same time let their actions speak for them. Bush imo was one of the worst in a long list of presidents that enabled the downfall of our country.
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Originally Posted by Smash255
Afghanistan is where our threat was, not Iraq, we needed to keep our focus on Afghanistan and hunt down the Taliban and Al Qaeda, we did not do that. We took our focus off of Afghanistan, off of those responsible for attacking us on 9/11, off of those who were our real threat, and focused it elsewhere where it wasn't.
But Iraq was part of the "war on terror" and Saddam was part of the "evil doer's" clan. Al-Quaida was in Iraq remember? or was it just fellow Muslims?
I'm not going to pretend Clinton or Obama are perfect and haven't contributed to our disaster. However the Bush family blatantly ran our government like they were the mafia and got away with it! After Bush's presidency many people lost confidence in our government and have lived in fear ever since. The collapse of this country has fallen into Obama's lap and he will be made the scapegoat.
Until we take corporate money OUT of DC our politicians are mere pawns. There is a reason a 1/3 of our country is now independent and has lost confidence in government and Bush helped create this. We can continue to throw rocks at each party and talk about bipartisanship when it's convenient, but the lobbyists and career politicians are still eating steak and lobster somewhere in DC.
Three words: Gramm-Leach Bliley. 3 (r)s wrote it, House and Senate passed it, Clinton signed it. It allowed banks to also go into the investment bidness.
The banks sold bad mortgages as securities and rated them AAA. They kept doing it even while the housing bubble burst. And, reports are, they're still doing it.
GWB cut taxes (yay)
GWB did not cut spending (boo)
GWB ran us into Iraq (big costly mistake in human life and $$$$)
To blame only GWB is nonsense, to blame only Obama is nonsense.
This hill of crap has been building for a long long time, and it took more than one President and Congress to do it.
Presidents can neither increase spending nor decrease taxes. The same Republican Congress in question gave Clinton a line item veto but it was ruled unconstitutional. They also cannot declare war.
Point is NAFTA was created by Bush's daddy and JR was an enabler.
Honestly..the partisanship displayed blocks all else out.
Info..notice both a Repub and a Dem in the below snippet ?
Notice both House and Senate approved it ?
Both parties get blame..both. We are where we are and blaming one party or another won't fix this mess.
"NAFTA was signed by President George H.W. Bush, Mexican President Salinas, and Canadian Prime Minister Brian Mulroney in 1992. It was ratified by the legislatures of the three countries in 1993. The House approved it by 234 to 200 on November 17 and the Senate by 60 to 38 on November 20. It was signed into law by President Bill Clinton on December 8, 1993 and entered force January 1, 1994."
out of all the callous things I have seen you post over time, this has to be the most callous and least thought out. war stimulates the economy tell that to all the families that had children die in that war. tell that to the vets who strap on prosthetics, or sit in a wheel chair, or have no legs or missing an arm.
take a look at the frickin' checkbook used to pay/borrow for an ill thought out, ego driven fool hearty fiasco.
You obviously have no ability to seperate emotion from reality.. Again, tell me what pulled america out of the great depression.. Hint, it has something to do with a war, and just because 60M individuals died in WWII, doesnt mean the great depression still is being experienced from the 1930's...
I mean seriously, your argument is because people died, the economy doesnt move? Thats ridiculous even for you..
Honestly..the partisanship displayed blocks all else out.
Info..notice both a Repub and a Dem in the below snippet ?
Notice both House and Senate approved it ?
Both parties get blame..both. We are where we are and blaming one party or another won't fix this mess.
"NAFTA was signed by President George H.W. Bush, Mexican President Salinas, and Canadian Prime Minister Brian Mulroney in 1992. It was ratified by the legislatures of the three countries in 1993. The House approved it by 234 to 200 on November 17 and the Senate by 60 to 38 on November 20. It was signed into law by President Bill Clinton on December 8, 1993 and entered force January 1, 1994."
I here you....I just think Clinton gets all the blame for NAFTA. It's good that people see the blame get spread around.
1.080 million jobs were added when Bush was in office. The LOWEST for any President since the stats were kept in 1939. Lower than every other two term President, Lower than every President that did not serve two full terms, Lower than the Presidents who only served one term, Lower than any President who only served one term. WORST job record.
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