Bush& Co. Brought Spitzer down (global warming, illegal, attorney, Afghanistan) - Politics and Other Controversies -Democrats, Republicans, Libertarians, Conservatives, Liberals, Third Parties, Left-Wing, Right-Wing, Congress, President - Page 2 - City-Data Forum

Fleet · 03-16-2008, 02:29 PM

Quote:

Originally Posted by Tim Rankin

The Bush admin could have helped prevent the subprime meltdown and they didn't.

How could they haver prevented it?

Shizzles · 03-16-2008, 02:50 PM

I was wondering how long it would take before Bush got blamed

Merlander · 03-16-2008, 02:58 PM

Quote:

Originally Posted by Fleet

How could they haver prevented it?

This is the link the OP tried to post, but it didn't show up as a link.

Eliot Spitzer - Predatory Lenders' Partner in Crime - washingtonpost.com

Fleet · 03-17-2008, 12:18 AM

Quote:

Originally Posted by Tim Rankin

This is the link the OP tried to post, but it didn't show up as a link.

Eliot Spitzer - Predatory Lenders' Partner in Crime - washingtonpost.com

No one forced people to take out loans or buy homes they couldn't afford. That is the fault of the predatory lenders, not Bush.

Merlander · 03-17-2008, 10:44 AM

Quote:

Originally Posted by Fleet

No one forced people to take out loans or buy homes they couldn't afford. That is the fault of the predatory lenders, not Bush.

True. The debate is whether the administration could have stepped up to the plate to help avert the crisis.

The irony is that by "helping" the banks, the administration has actually seriously hurt them. In the case of Bear Stearns, irreparably.

paullySC · 03-17-2008, 11:04 AM

Quote:

Originally Posted by Tim Rankin

sickofnyc - Tragically you are right on the money.

The Bush admin could have helped prevent the subprime meltdown and they didn't.

the so called 'meltdown' has to do with people making stupid decisions.

Like Ron White says, you can't fix stupid.

texdav · 03-17-2008, 11:13 AM

The meltdown was greedy business and greddy people who wanted in on the housing valuation boom. They thpught the bubble would never burst.Both are paying the price now.

burdell · 03-17-2008, 11:22 AM

Spitzer's arrogance, hypocrisy, and false sense of entitlement brought him down, he didn't need any outside help.

MamaBee · 03-17-2008, 12:36 PM

I love it, paying young girls for sex and crossing state borders to do so; IT'S BUSH'S FAULT!

Spitzer is a scumbag, what sort of values does this teach his daughters? ("Kristin" is only 4 years older than his oldest daughter!)

domergurl · 03-17-2008, 12:38 PM

Quote:

Originally Posted by Wild Style

yeah but Bush didn't make this guy go to prostitutes. He did that on his own, so you reap what you sew.

Now if we could only prove that the Emperor's Club is a subsidiary of Halliburton, we'd have something!