>#1. Bush Jr. used it as a matter of justifying his economic policies >in multiple speeches to the country.
So what? This doesn't CAUSE the problems that led to the economic meltdown. If you'd read my post, you'd know what did. >#2. Bush Jr. was the one who told people to "spend, spend, spend" >to keep the >economy afloat. Again, so what? First, what makes you think anything Bush said caused any spending and, second, this has NOTHING to do with the CAUSES of the meltdown. >#3. Bush Jr. was the recipient of the deregulation. The recipient of? WTF is that supposed to mean? >#4. Bush Jr. was much like Alan Greenspan who said "I made a >mistake in >trusting that the free markets could regulate themselves". Again, you are not addressing the subject, which is what CAUSED the economic meltdown. >#5. Bush Jr. gave talks to Wall Street financial corporations asking >them to cut their bonuses and do the right thing....they ignored him >completely, and Bush Jr. took zero action against them. First, their bonuses didn't cause the meltdown and second, what action is the President supposed to take against private institutions that don't take his advice? You're really out of your depth here, studio. Quit while you're.....no farther behind than you already are. On Aug 20, 1:17 pm, studio <[email protected]> wrote: > On Aug 20, 9:56 am, Zebnick <[email protected]> wrote: > > > The difference between encouraging easy credit and "taking specific > > action" is enacting laws like the Community Re-investment Act and > > attacking banks as "racist" if they didn't lend to minorities, despite > > the fact that the minorities didn't meet the lending standards and > > even siccing your justice department on them and threatening their > > borrowing ability with the government. Its pressuring Fannie and > > Freddie to lower lending guidelines (credit score, down payment, debt > > ratio) to include risky borrowers and in doing so, inadvertently open > > the door for these poisonous loans to permeate the entire financial > > system. > > That may be, but there are at least 5 things wrong with your 2 > arguments; > > #1. Bush Jr. used it as a matter of justifying his economic policies > in multiple speeches to the country. > #2. Bush Jr. was the one who told people to "spend, spend, spend" to > keep the economy afloat. > #3. Bush Jr. was the recipient of the deregulation. > #4. Bush Jr. was much like Alan Greenspan who said "I made a mistake > in trusting that the free markets could regulate themselves". > #5. Bush Jr. gave talks to Wall Street financial corporations asking > them to cut their bonuses and do the right thing....they ignored him > completely, and Bush Jr. took zero action against them. > > You should have followed Sage's lead and changed the subject the way > most conservatives do as a tactic. --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more. -~----------~----~----~----~------~----~------~--~---
