Without reviewing my notes from back then, I remember the concensus here at fr was that is was the homosexual Barney Frank and the democrats who were solely responsible for the financial crisis of 2008!
In addition, I remember watching O'Reilly when he had Frank on the program and O'Reilly was practically screaming at the queer Frank when Frank tried to switch the blame to Bush and the GOP.
Frank, like hillary this week, looked like a deer caught in the headlights when faced with the indisputable facts that O'Reilly laid out correctly showing how he, Frank himself, and the Democrats were fully responsible. As that Frank interview was coming to a close, I specifically remember that Frank had no rebuttal of the facts O'Reilly presented.
Doesn’t matter what the facts are
the lefties always move forward aggressively.
Thanks.
Mr. Apple, that is undeniable, but unfortunately for us (Conservatives), that isn’t the end of the story.
The Leftists as early as the late 90s were working to shame (or worse) lenders into getting unqualified people behind mortgages. This was clearly a threat to our financial system.
The people we elect are supposed to remedy those situations. We had a Republican controlled Congress back then. They could have taken measures to shut down the Leftist judges, who were ruling against banks and lending institutions for denying unqualified “minority” people.
Obama himself worked at a legal firm that was handling one of these cases. He was some sort of legal gopher at the time.
Then you move ahead. Years later, you’ve got Bush in the White House, the Republicans the majority in the House and the Senate.
What would stop them from introducing legislation and passing it to correct what the Left had done?
Nothing.
The objections to this situation were muted. There were some provided to give folks cover, but they didn’t take any actions.
So time goes by, and as the Bush administration winds down, sure enough, the melt-down takes place. We’re instantly several trillion more dollars in debt, and our economy is once again in a downward spiral.
So sure. Frank, other Leftists, a corrupt bunch of Leftist lawyers and judges, all contributed to a situation that would tank the nation. And what’s more, I suspect some of those same things are being done again today.
I won’t sit still for a second when Leftists try to pin this on the Republicans. But frankly, our team won’t get any brownie points from me either, when they try to pin it all on the Democrats.
This was one of the first fruits of Democrat and Republican Leadership’s complicity to harm the nation.
This should not have happened on Bush’s watch, and he had plenty of time to make sure it didn’t.
Lets not kid ourselves either. Who took the hit right along with Bush?
Conservatives. The people the GOPe and McCain hate as traitors, are the ones who got the blame.
Bush never liked the name, unless he thought it could benefit him or be blamed for something.
The media referred to him as a Conservative for the better part of eight years. In the end it worked.
Look what we got to replace that “Conservative.” The only thing Bush failed to do was gift wrap the presidency for Obama.