- Banned
- #221
Bush could have done something imo as could have Paulson but they didn’t it was a disasterIraq war was a huge money suck. 100% financing on mortgages and easy approvals were a disaster. That’s a start.[
Of course it is OK but Bush and his idiot policies really hurt us. Iraq war for one. Clinton’s everyone should have a house policy also did not help but Bush never did anything about it. He was terrible. So there is one example of how Presidents can impact an economy.
What EXACTLY do you think Bush did, or failed to do?
The White House Warned Congress About Fannie Mae Freddie Mac 17 Times In 2008, Alone
Agree on the war.
The Liars loans were a carry over from the Clinton years that Bush tried (and failed) to stop. I have written at length about the meltdown of 2007. Bush had VERY little to do with it. The MAJOR culprits were Volker, Clinton, and Carter. CDO is the acronym to understand - it is what fucked us all.