Two Thumbs
Platinum Member
During the limbaugh Bush interviewtoday Rush ask President Bush aboiut the car in the ditch
I will let President Bush speak for himself on this issue
PRESIDENT BUSH: Well, on this issue, I don't steer clear because I remind the reader that on the issue of Fannie Mae and Freddie Mac, I saw a problem, and went to Congress and said, "Look, this is a group of... These are enterprises that have got an implicit government guarantee and they're taking risky stances, and therefore we ought to regulate them. If they've got an implicit government guarantee there ought to be some sense of regulation and make sure they don't misuse that guarantee, and I make it clear in the book what happened, and that is that powerful forces in Congress resisted that reform. Whether those reforms had taken place in 2003 it's hard to predict whether or not this crisis would have occurred, but I'm comfortable in telling the reader and comfortable that history will judge that we tried to do something about it. You know, and eventually the truth wins out, and this book is an attempt to set the record straight from my perspective.
Time and time again I have said Freddy and fanny was the cause of the fanical crisis. Thank you George for telling it like it is.
While in 2003 the gop had the majority, it wasn't enough to burst the filabuster. And, if I recall, he mentioned the need to reg F/F 13 times, and every time, congress, especially that traitor Franks, blew him off.
I haven't seen much news lately. Did the dims re-elect that traitor?