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I read a lot on these forums about its Bush's fault we are in the financial mess we are in. Personally, I think there is more then enough blame to go around and no one person has that much control to cause this. Yes he was the President and should shoulder a LOT of the blame, I am not defending him.
My question is What EXACTLY did Bush do or not do that caused this mess?
I read a lot on these forums about its Bush's fault we are in the financial mess we are in. Personally, I think there is more then enough blame to go around and no one person has that much control to cause this. Yes he was the President and should shoulder a LOT of the blame, I am not defending him.
My question is What EXACTLY did Bush do or not do that caused this mess?
No President can control a capitalist economy!!!!! They can influence it with policies and regulations but capitalism is a dog without a leash.
Look, this is real simple. Liberals blame GWB for everything. To hear them, GWB caused cancer.
In reality, Americans as a general rule like sound bites. "Its Bushes fault" is both easy to say and easy to spell. So it works.
It is waaaay to complicated to dig into truth and talk about the nuance (not easy to spell by the way) of the impact of the Community Reinvestment Act from the 1970’s and its revision in the 1990’s and how that lead to a need to reform Glass/Steagall (also not easy to spell). It takes a lot of time and a lot energy to explain Gramm-Leach-Bliley who the players were (Phil Gramm and Clintons Treasury were involved).
It would require a rehashing of the role Goldman Sachs has played in American economic policy for the last 25 years as well.
We would have to get into things like ACORN’s pressuring banks to lend to people who cannot pay the money back and that would lead to talking about Obama’s role as a trainer for these people on this subject.
It would require a redux of the impact of Fannie Mae and Freddy Mac in lending to unqualified people in an effort by the government to extend home ownership. Barny Frank would get some blame in this little bit as well as others…. Including Bill Clinton and George W. Bush…
There are lots of inputs to the banking collapse that include all of this and a good bit of bad business moves by the Wall Street types as well.
“Bush did it” eliminates the need to spread the guilt around to all the players. And it absolves liberals from there fare share of the blame.
The simple truth here is that this economic crisis can be laid at the feet of our elected officials. This was caused by laws that were passed by both republicans and democrats working closely with presidents from both parties.
It is not a function of the lifecycle of an economy. This thing was caused by regulating the wrong things and deregulating the wrong things.
The really sick thing is that those who like regulation (like the current president) deny the impact of over regulation in this mess and those who favor deregulation refuse to admit that ditching Glass-Steagall had any real impact.
“Its Bush’s fault” is so much more simple. And besides do we really want the masses to care about these things? The ruling class might get fired if the “regs” figure them out.
The fact is, this is the American Peoples fault for falling for one liners.
I read a lot on these forums about its Bush's fault we are in the financial mess we are in. Personally, I think there is more then enough blame to go around and no one person has that much control to cause this. Yes he was the President and should shoulder a LOT of the blame, I am not defending him.
My question is What EXACTLY did Bush do or not do that caused this mess?
You're new around here. Something you don't bother doing here is asking liberals to provide facts to back up their accusations that Bush is personally responsible for every problem in America today.
I've asked the same question many, many times. Usually all you get is crickets. Sometimes they will generalize and back peddal, but they don't have a lot of answers.
In the case of Bush, "A lie repeated becomes the truth".
Clinton left a lot on Bush's plate.
We understand that UNSCOM believes the file indicates that Iraq's official declarations to UNSCOM have greatly overstated the quantities of chemical weapons expended, which means that at least 6,000 chemical weapons are unaccounted.
"The United States favors an Iraq that offers its people freedom at home. I categorically reject arguments that this is unattainable due to Iraq's history or its ethnic or sectarian make-up. Iraqis deserve and desire freedom like everyone else. The United States looks forward to a democratically supported regime that would permit us to enter into a dialogue leading to the reintegration of Iraq into normal international life. My Administration has pursued, and will continue to pursue, these objectives through active application of all relevant United Nations Security Council resolutions. The evidence is overwhelming that such changes will not happen under the current Iraq leadership."
"We are writing you because we are convinced that current American policy toward Iraq is not succeeding, and that we may soon face a threat in the Middle East more serious than any we have known since the end of the Cold War. In your upcoming State of the Union Address, you have an opportunity to chart a clear and determined course for meeting this threat. We urge you to seize that opportunity, and to enunciate a new strategy that would secure the interests of the U.S. and our friends and allies around the world. That strategy should aim, above all, at the removal of Saddam Hussein’s regime from power."
But for all our promise, all our opportunity, people in this room know very well that this is not a time free from peril, especially as a result of reckless acts of outlaw nations and an unholy axis of terrorists, drug traffickers and organized international criminals.
We have to defend our future from these predators of the 21st century. They feed on the free flow of information and technology. They actually take advantage of the freer movement of people, information and ideas. And they will be all the more lethal if we allow them to build arsenals of nuclear, chemical and biological weapons and the missiles to deliver them. We simply cannot allow that to happen. There is no more clear example of this threat than Saddam Hussein's Iraq. His regime threatens the safety of his people, the stability of his region and the security of all the rest of us.
Look, this is real simple. Liberals blame GWB for everything. To hear them, GWB caused cancer.
In reality, Americans as a general rule like sound bites. "Its Bushes fault" is both easy to say and easy to spell. So it works.
It is waaaay to complicated to dig into truth and talk about the nuance (not easy to spell by the way) of the impact of the Community Reinvestment Act from the 1970’s and its revision in the 1990’s and how that lead to a need to reform Glass/Steagall (also not easy to spell). It takes a lot of time and a lot energy to explain Gramm-Leach-Bliley who the players were (Phil Gramm and Clintons Treasury were involved).
It would require a rehashing of the role Goldman Sachs has played in American economic policy for the last 25 years as well.
We would have to get into things like ACORN’s pressuring banks to lend to people who cannot pay the money back and that would lead to talking about Obama’s role as a trainer for these people on this subject.
It would require a redux of the impact of Fannie Mae and Freddy Mac in lending to unqualified people in an effort by the government to extend home ownership. Barny Frank would get some blame in this little bit as well as others…. Including Bill Clinton and George W. Bush…
There are lots of inputs to the banking collapse that include all of this and a good bit of bad business moves by the Wall Street types as well.
“Bush did it” eliminates the need to spread the guilt around to all the players. And it absolves liberals from there fare share of the blame.
The simple truth here is that this economic crisis can be laid at the feet of our elected officials. This was caused by laws that were passed by both republicans and democrats working closely with presidents from both parties.
It is not a function of the lifecycle of an economy. This thing was caused by regulating the wrong things and deregulating the wrong things.
The really sick thing is that those who like regulation (like the current president) deny the impact of over regulation in this mess and those who favor deregulation refuse to admit that ditching Glass-Steagall had any real impact.
“Its Bush’s fault” is so much more simple. And besides do we really want the masses to care about these things? The ruling class might get fired if the “regs” figure them out.
The fact is, this is the American Peoples fault for falling for one liners.
The blame Bush morons didn't get past the first two lines of your post.
I think so as well, pretty much every politician shares something for the last 30 years IMHO that didn't try and help the deficit spending.
People are unwilling to hold their leaders to any wrong, for any reason, so instead of changing their world view they delude themselves it's the opposite parties fault. I have relatives who do the same things, where Carter is responsible for things that went on in Reagan's terms (even near the end) and Clinton/Obama is responsible for things that happened in Bush's terms. The same psychotics seem to beat the dead horse that people blame everything on the previous presidents terms, instead of any acknowledgement of anything done wrong.
As long as there is no responsibility where it is due, and complete fanaticism to people's leaders regardless of their actions (the same family members would vote for a Ficus if it was nominated by the GOP), we are just going to be repeating history and screwing ourselves that will be our own damn fault.
I think so as well, pretty much every politician shares something for the last 30 years IMHO that didn't try and help the deficit spending.
People are unwilling to hold their leaders to any wrong, for any reason, so instead of changing their world view they delude themselves it's the opposite parties fault. I have relatives who do the same things, where Carter is responsible for things that went on in Reagan's terms (even near the end) and Clinton/Obama is responsible for things that happened in Bush's terms. The same psychotics seem to beat the dead horse that people blame everything on the previous presidents terms, instead of any acknowledgement of anything done wrong.
As long as there is no responsibility where it is due, and complete fanaticism to people's leaders regardless of their actions (the same family members would vote for a Ficus if it was nominated by the GOP), we are just going to be repeating history and screwing ourselves that will be our own damn fault.
So can you list some specific things Bush did, or did you simply want to generalize the question away?
I can point numerous actions by Carter, Bush Sr and Clinton that have backfired with disasterous results years later. Bush Jr spent too much money. What say you?
I read a lot on these forums about its Bush's fault we are in the financial mess we are in. Personally, I think there is more then enough blame to go around and no one person has that much control to cause this. Yes he was the President and should shoulder a LOT of the blame, I am not defending him.
My question is What EXACTLY did Bush do or not do that caused this mess?
See, crickets. When you ask them to account for their blaming Bush, you get crickets.
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