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Originally Posted by BNaylor
Yeah right.  Obviously the financial meltdown occurred under Bush's watch with a Democrat majority Congress but there is plenty of blame to go around contrary to your misplaced belief. It looks like many of us do not understand the real underlying cause(s) and to do so at this point in time is sheer speculation at best.
So let me see if I have this straight. You post two links. One from one of the most liberal biased cable news networks (CNN) to include Fortune magazine and then from a blog to support your misplaced position Bush is all to blame for this financial mess or irresponsible policy? And neither one of them mention Bush as the sole cause.
You might want to do some more research or homework.  There is plenty of blame to go around and it is not limited to Bush but goes back further to the Clinton Administration where the real seed was planted and deregulation by a Republican majority Congress but with a Democrat President Bill Clinton who signed the bill back in 1999 mostly likely responsible for this mess. IMO the real blame rests with Wall Street greed and these businesses which includes the various commercial banks and investment banks that went under and ones still in business that the 700 billion dollar bailout is supposed to help. Plus obviously both parties have blame and the latest bailout bill that many Americans disagreed with was passed in a bipartisan nature.
Even though the Democrats or Obamabots won't admit it Bush attempted to reign in Fannie Mae and Freddie Mac early on during his first term which went no wheres. Put the blame where it really belongs.
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Truth or Fiction? Bush Administration Proposed a New Agency to oversee Housing Industry in 2003
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Hey,thanks for checking in. Thought I was the only one stating facts around here & fending off personal attacks! LOL