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What part of over a dozen times Bush tried to push through mortgage reforms dont you comprehend? It was far more than speeches to try to reform the industry, but a speech saying that people need affordable homes doesnt even come close to supporting the notion that Bush supported bad mortgages especially when he pushed through bills that would have stopped them.
I addressed those talking points. When someone wants to bother replying to my points you can question me.
What part of over a dozen times Bush tried to push through mortgage reforms dont you comprehend? It was far more than speeches to try to reform the industry, but a speech saying that people need affordable homes doesnt even come close to supporting the notion that Bush supported bad mortgages especially when he pushed through bills that would have stopped them.
What bills specifically did Bush try to get passed, seems like this was last page news if at all, where was the urgency to reform the private mortgage industry.
I addressed those talking points. When someone wants to bother replying to my points you can question me.
Its not a talking point, its a FACT
Quote:
Originally Posted by pknopp
I think I understand that a majority in a committee trumps a minority.
Only in a Democracy, we dont govern by Democracy, we governmen by Representative Republic rules. You should stop embarassing yourself.
Quote:
Originally Posted by Goodnight
What bills specifically did Bush try to get passed, seems like this was last page news if at all, where was the urgency to reform the private mortgage industry.
Sure. I was only saying that it would be nice if someone took some responsibility for their mistakes, as opposed trying to blame someone else for them. Bush maintained to the end that the economy was on solid foundation, even when we were on a free fall. Even to this day he never admitted he was dead wrong.
WASHINGTON — The economy is fundamentally sound despite the temporary "mess" it's in, the White House said Sunday in the kind of upbeat assessment that Barack Obama had mocked as a presidential candidate.
WASHINGTON — The economy is fundamentally sound despite the temporary "mess" it's in, the White House said Sunday in the kind of upbeat assessment that Barack Obama had mocked as a presidential candidate.
Exactly. The economy was so sound when Democrats took over both branches of Congress, that they increased the minimum wage saying the economy can support it. I have yet to hear one bill Democrats tried to pass that had an impact to reduce the damage of the crash.
As I noted, Bush had both houses until the end of his administration. He wasn't fighting his own party over this. So you are left with either he did nothing or he was a weak ineffectual president.
Doesn't matter to me which you want to go with.
I will also note........you addressed none of my points. You are capable of cut and pasting but not coming up with answers on your own it would seem.
Why should I respond to simple-minded thoughtless responses? You tried to claim that the president had dictatorial powers and can simply say something and it happens. I don't know what governement you learned we have but your understanding of our government is fatally flawed.
You didn't once rebuke any of the sourced points presented and yet you want me to go line by line and rebuke your assertion (that's baseless) that nothing was ever proposed to strengthen the GSE or the regulators overseeing them.
You can play stupid but you'll be playing that game alone in your own corner with your own toys. I'll even bet you'll win because you're a winner. You and Charlie Sheen can **** each other off...
F&F was a small part of the problem, companies like Countrywide and the other banks were the larger issue that was completely ignored. Bush's response to appoint another agency to oversee F&F was weak as was his appointment of one of his old friends to provide oversight, his appointee indicated in 2006 that FF was solid. So where was the concern in 2006, 2007 that the mortgage industry in general was a house of cards.
F&F was a small part of the problem, companies like Countrywide and the other banks were the larger issue that was completely ignored. Bush's response to appoint another agency to oversee F&F was weak as was his appointment of one of his old friends to provide oversight, his appointee indicated in 2006 that FF was solid. So where was the concern in 2006, 2007 that the mortgage industry in general was a house of cards.
Countrywide and other banks couldnt have done what they were doing without FF guaranteeing the mortgages and if the equity rations would have been raised by Bush wanted to do.
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