Posted on 02/10/2009 7:28:15 AM PST by daylilly
Can anyone explain how the Bush tax cuts caused banks to make bad loans and cause a credit crisis? This theory has been promoted by the Zero and several top Rats in the last few days.
Can someone please take him aside and explain to him that "um" is not a word?
LOL!
Zero thinks he can bluff his way along for 4 years with ahh ahh hunn. I don’t think that will work very long. He looked like a bumbling idiot last night with his non answers.
I didn’t watch him either. I don’t turn on the television. Just liked what Ed Morrissey said here. Flat out called it lies, gave him grades at the end F, F and D-. I liked what the article said.
You ask a good question and I hope someone has the answer to it.
Thank you for posting all these links. I’ll check them out tonight when I have more time.
Don't expect anyone in the press to call him on it, though.
If the economy is really, really bad a year from now you might finally get people saying it can't all be Bush's fault, but it's gonna be a long, painful "honeymoon" as they shove every bad idea there is down our throats.
if you say it often enough people will start to believe it
you might even believe it yourself
completely off his rocker
The USofA is about to be bankrupt and we can thank the morons who voted for Obama and the morons who keep voting in the 535 morons and spineless legislators into Congress.
We the People have GOT to do something to change Washington, DC.
For BHusseinObama HOPE = FEAR and CHANGE = CATASTROPHE.
And we MUST continue to say “Obama’s Fault” loudly and often and in print at every occasion.
NObama also said a number of times that he inherited a deficit of over a Trillion dollars.
This AM, the morning news shows said that the 2008 fiscal year deficit was $455 billion.
NObama is inflating that figure by more than 100%, and the media and the Kool-aid drinkers keep thinking he is so great!!
Please tell your friends what a bunch of whoppers were served up at that press deal last night.
NObama also said there were “NO PERSONAL PROJECTS” in the bill.
Guess that is the new descroption of “PORK”.
He lied about that, also.
No rebuttals at all, and NObama wants prime time again for the next 2 or 3 Mondays.
He sure likes being the very center of attention, doesn’t he?
Wonder how he will feel when he is on trial for treason?
Bring HAMAS supporters to the USA soil with our money is treason, IMO.
Diogenesis, what are you saying? Do you suspect that Hussein (and friends) had a hand in the original “crisis” right before the election?
Because I remember reports that Paulson had been speaking with Hussein 2 wks BEFORE the sudden crisis. It was reported that Paulson was “briefing” him in phone calls.
Of course, we all know that Paulson is a Democrat, a global warming kook.
Are you suspicious of those transfers that Kanjorski was talking about?”
All choreographed, along with Schumer “tipping off” people about IndyMac Bank in Pasadena......
Can anyone explain how the Bush tax cuts caused banks to make bad loans and cause a credit crisis? This theory has been promoted by the Zero and several top Rats in the last few days.”
Bush did not tell the banks to make bad loans.
That started with Jimmah Carter, in 1977, with the CRA.
Then Clinton, Cisneros, and Janet Reno put grease on the runners, and away went the controls banks traditionally had over their own loaned funds.
The banks made the loans because of laws that were passed mandating they make loans in redlined areas of the country... the big lie here is this is the GOP’s fault, it was people like Frank and Dodd... and ACORN, who represented by — ta da — Attorney Barack Obama who sued Citibank to force them to make the low qualifying loans......
ROTFL!!
I hear Rush talking about Kanjorski’s remarks yesterday.
If they were money market accounts, to whom did they belong? Can the banks not track those transactions to find out from where the withdrawal requests originated? If the money was withdrawn electronically, there must have been some instruction as to where to send that money; where did it go after it left the US banks?
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