Dad2three
Gold Member
LOL - yeah sure he did.
45% favored his surge. 48% did not. Not a big stretch.
And it appears the anti-surge folks have been proven right. Why waste more lives when long term stability in Iraq is a fantasy.
Yepp.
It was a fucked up war from the get-go and we should NEVER have gone there in the first place. It was Bush's worst mistake. But what has happened since 2009, for good or for bad, is now firmly Pres. Obama's responsibility, not Bush's.
Oh don't you worry Little Fella - he'll stll find a way to Blame Bush
Yeah, Bush /GOP policy wouldn't STILL be hurting US right?
David Stockman, Ex-Reagan Budget Director: George W. Bush's Policies Bankrupt The Country
(Reagans deficit policies) allowed George W. Bush to dive into the deep end, bankrupting the nation through two misbegotten and unfinanced wars, a giant expansion of Medicare and a tax-cutting spree for the wealthy that turned K Street lobbyists into the de facto office of national tax policy, Stockman wrote.
David Stockman, Ex-Reagan Budget Director: George W. Bush's Policies Bankrupt The Country
Right-wingers Want To Erase How George Bush's "Homeowner Society" Helped Cause The Economic Collapse
"Another form of easing facilitated the rapid rise of mortgages that didn't require borrowers to fully document their incomes. In 2006, these low- or no-doc loans comprised 81 percent of near-prime, 55 percent of jumbo, 50 percent of subprime and 36 percent of prime securitized mortgages."
Q HOLY JESUS! DID YOU JUST PROVE THAT OVER 50 % OF ALL MORTGAGES IN 2006 DIDNT REQUIRE BORROWERS TO DOCUMENT THEIR INCOME?!?!?!?
A Yes.
Q WHO THE HELL LOANS HUNDREDS OF THOUSANDS OF DOLLARS TO PEOPLE WITHOUT CHECKING THEIR INCOMES?!?!?
A Banks.
Q WHY??!?!!!?!
A Two reasons, greed and Bush's regulators let them.
Bushs regulators not only let banks do this, they attacked state regulators trying to do their jobs. Bushs documented policies and statements in timeframe leading up to the start of the Bush Mortgage Bubble include (but not limited to)
Wanting 5.5 million more minority homeowners
Tells congress there is nothing wrong with GSEs
Pledging to use federal policy to increase home ownership
Routinely taking credit for the housing market
Forcing GSEs to buy more low income home loans by raising their Housing Goals
Lowering Invesntment banks capital requirements, Net Capital rule
Reversing the Clinton rule that restricted GSEs purchases of subprime loans
Lowering down payment requirements to 0%
Forcing GSEs to spend an additional 440 billion in the secondary markets
Giving away 40,000 free down payments
PREEMPTING ALL STATE LAWS AGAINST PREDATORY LENDING
But the biggest policy was regulators not enforcing lending standards.
http://www.usmessageboard.com/economy/362889-facts-on-dubya-s-great-recession.html