If Obama had handed off that situation to Bush, are you telling me you would have attacked Bush for it being his fault? There’s no way in hell you would have done that, and you damn well know it.
Responsible, yes. In the sense that it was on his watch.
But Bush didn't make the mess, D1, the Democrats made it. And it was they who pulled the plug and let the mess flood out and drown the economy -- because they sensed the electoral timing was right.
Bush and the Republicans are in for their share of the blame, to be sure.
But it was the the Democrats who cooked up the mess and then timed its release for maximum adverse effect on the country!
One side deserves horsewhipping. The other deserves the guillotine.
The moves by the Democrats that screwed up the mortgage industry, were put into effect prior to 2006. For that reason I have blamed the Bush team and the Republican Congress for not fixing it.
They knew about it. They talked about it. They did nothing about it. Bush even went so far as to brag what percentage of home ownership we had in that nation, because it would be a feather in his cap. He didn’t really want to put an end to the threat, and neither did the Republican Congress.
I have railed on Frank and Dodd. Everyone should. None the less, we could have cleaned up that mess. So what did our illustrious team do. They punted, like they always do.
Which party could have blocked the mandatory cuts to the military starting next year? Did they? This is the kind of thing I’m talking about. This punting has got to stop. We are screwing the nation. Our party is. The Republican party is.
When things went south, they demonized the lending industry and blamed it for everything that went wrong. And while there were bad players in the industry, the industry was screwed if it held the paper, and screwed if it bundled it and passed it along.
Conservatives DON’T DO THIS to the nation they love.
That’s why my future votes will only go to a reasoned Conservative.