Posted on 11/14/2011 9:56:53 PM PST by mean ogre
Well, some folks, like Bachmann, DeMint, Paul, and me, for that matter, never bought the “too big to fail” nonsense. Should have let the GOldman Sach’s of the world go t*ts up, and the people who bought overpriced bundles take it in the shorts. We’d be farther ahead now and the debt would have been liquidated.
Sounds pretty spot on to me.
Back in September to October 2008 I posted a Vanity here warning Republicans to not pass TARP.
That being said it is easy to look back now and claim things would have been better if something unpopular never was done ,much like Obama plays the “It would have been worse .. “ game. If those banks failed things would have been pretty ugly too, there is no doubt about that. And those above were not POTUS for ~ 8 years when it happened. That is not to say that I think TARP was a good thing.
The real issue is how the bubble came to be in the first place, and it wasn't all CRA either. But they don't want to talk about that as both parties have their finger-prints all over it.
If she criticized Bush’s invention of DHS and TSA, then I’m in complete agreement. Both are the modern day equivalent of Hitler’s Gestapo, routinely ignoring the Bill of Rights.
Both are reactionary, NO attempt at destroying a US airliner, etc. has been prevented in a proactive fashion. All the incidents were after-the-fact of failed attempts.
Any time DHS or TSA says they ‘prevented’ something, they lie, period.
Really great reporting from ABC. /sarc.
Nice try pissant...did you think you’d get past me? LOL
Did you happen to catch her interview on C-SPAN yesterday? She was interviewed by the Iowa newspaper. The interview was very long and detailed with Michele discussing a wide range of topics including the economy, national defense and foreign policy. This is one smart woman. She talked in depth and was obviously speaking from her own deep convictions and carefully thought out ideas. This woman is not being propped up or groomed by handlers. She is her own person.
She may have been in congress for 5 years but she has had a life experience of over fifty years and has had experience in the Minnesota legislature as well. She would tear Rick Perry to shreds.
But Bush still supported by CRA aims of giving houses to people who couldn’t afford mortgages.
It’s better to swallow the bitter medicine and get it over with.
I got a whole file to links showing Bush doing that. I use it when a few Bush-bots claim Bush was fighting against CRA.
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