you betchaDo you blame President Bush for the current financial crisis?
No....take a long hard look at your congress. They made a bunch of silly regulations re-guarding loans for minorities. People got loans for homes that had no job, were living on social security checks, were living here as illegals, and back ground checks were a joke. Why? Because the federal government said they would back these loans. They wanted everybody to have an opportunity to have the american dream, owning their own home. And now they want to make more regulations, to control the monster they themselves have created. At this time 10% of all home loans are either in foreclosure or headed for foreclosure and that number is increasing everyday. In the great depression of the 30's, about 30% of home loans, and loans in general were in foreclosure. What does that tell you folks? Get ready for a long rough ride. They'll be no christmas this year for a lot of folks. You can thank all those wonderful DemocRATS and Republicans you voted into office over the last 20 years. Have a nice day.
yes, I do
for years all we heard was how well America was doing, jobs galore and pride in home ownership blah blah
I don't know exactly what he changed, ignored or reformed, but you can bet he had his weasly hand in it.
now where is he?nobody hears a word from him just an another bailout announcementDo you blame President Bush for the current financial crisis?
No, every time he's tried to do something to prevent it, it gets shot down. The president can't do anything without the support of congress.
Yes. Congress controls the legislation which governs our financial system. The president wields a lot of control over CongressDo you blame President Bush for the current financial crisis?
Yep. He's the president and has been for 8 loooong years. The blood is on his hands.
His administration didn't regulate and rated securities as sound when they were not sound.
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