Wednesday, November 25, 2009

Opinion

Bush Leaves Obama a Financial Crisis, but Doesn’t Want to

December 18, 2008 12:19 PM ET | Bonnie Erbe | Permanent Link | Print

Reader Comments

china rays

emission partners times comparable thousand

Bush Not Responsible

Until the Democrats fess up to who really caused this issue, the ignorant Bush bashers will continue to make crazy statements as you see posted here. Bush tried to fix things twice but was blocked by Democrats. Here's on of the attemps:

http://bartonbulletin.wordpress.com/2008/09/16/democrats-blocked-bushs-attempt-to-fix-freddie-and-fannie/

“These two entities - Fannie Mae and Freddie Mac - are not facing any kind of financial crisis,” said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee.

Nice job Democrats, well done, you just doomed this country for years to come.

And..unnecessary war? You can't be serious. No, really, you must be joking. You..know who Saddam Hussein was, right?

Head Out of the Sand

I have completely removed my head from the sand, and I am kicking myself for ever voting for Bush.

Anyone who DOESN'T know that Bush is completely responsible for this, has the same gift of self deception that Bush has. The Mortgage mess is a convenient scapegoat, but it didn't create this $10T mess, Bush did. The markets haven't been regulated for years, and the mortgage crisis just ignited a flammable situation.

You can't have record deficits for years, move jobs overseas with abandon, sell our docks to Arab countries, stifle scientific innovation, and then blame it on the bogeyman.

The sooner you people get your heads out of the sane, the better.

You'll start winning some elections.

Wake Up Morons!!!

Anyone who truly believes Georgie is not responsible for the economic meltdown must have one of his Daddy bought Harvard degrees along with his Daddy bought non-military career!!! Yes, the economy is a life-cycle project and like the federal budget it is influenced by all administrations but the wholesale deregulation and hands-off governing of Georgie's reign of terror elevated incompetent governing to new levels. He had a Republican Congress during his first years in office dismantling years of legislation resulting in our current meltdown. A typical example was his cutting of the veterans budget & benefits BEFORE the war resulting in the wounded living in squallor in the VA hospitals, delayed disability compensation, putrid conditions in VA facillities, etc...as a 100% disabled vet myself, I personally witnessed the wrath of Georgie upon our veterans. Please don't pull the old Republican as long as I have my cut bullstuff, fancy tapdancing won't cover this bull!!!

This Is Pure Bull!!!

If Georgie has become so concerned about the mess he has created, then why is he continuing his plunder by daily creating more issues with which Obama must contend upon taking office. He is injecting more catch phrases for Obama to purge out of his signing atatements, executive orders, legislation, etc... which is why Obama has comitted part of the transition team simply to review the damage Georgie continues so it can be reversed after inauguration day. This is simply more Georgie speak trying to create a legacy out of a pile of dung!!!

An ignorant conclusion

The statement of Bush being at large responsible is a fairly ignorant comment. This assumes that the American people are in many ways not responsible for their own lives, and that they are wholly reliant on the government, which is not true. People are responsible. I would suggest elaborating on how you derived to that conclusion and how others do not share that responsibility.

COULD YOUR BULB POSSIBLY BE DIMMER?

Bonnie, whenever I read your column the word "vacuous" comes to mind.

Do you really believe that Bush was the sole cause of this mess? Every Dem in the congress and senate was pushing for low interest loans for those who couldn't afford them. Wall Street and bankers had their greedy paws in the pie - Economic gurus and Realtors all screamed the drunken party was never gonna end and the people just stuck their heads in the trough up to their ears...Heck, the whole world followed the Pied Pipers right over the cliff.

Is your bulb so dimmed by hate that you can't see that there's enough blame to be shared by all?

"Bush is responsible for this mess..." ?

The credit melt-down was caused more by Democratic-sponsored easy money mortgage requirements, in a mistaken effort to make owning a house "more affordable", than it was by the last 8 years of a Republican administration. That's what led to the demise of Freddie Mac and Fannie Mae. Blaming everything on Bush is convenient but incorrect.

Add your thoughts

All comments are moderated and generally will be posted if they are on-topic and not abusive. For more information, please see our Comments FAQ.
U.S. News Weekly

Subscribe Now

Order the new U.S. News Weekly digital magazine at a special low introductory price!

About Bonnie Erbe

Bonnie Erbe is a contributing editor at U.S. News & World Report and hosts PBS's weekly news analysis program, To the Contrary with Bonnie Erbe. She also writes a weekly syndicated newspaper column for Scripps Howard News Service.

advertisement

NEWSLETTER

Sign up today for the latest headlines from U.S. News & World Report delivered to you free.

RSS FEEDS

Personalize your U.S. News with our feeds of blogs and breaking news headlines.

U.S. NEWS MOBILE

U.S. News daily briefings are also available on your mobile device.

FAVORITES

advertisement

People who read this also read ...

Thomas Jefferson St.

GOP Can Be Thankful for Strong Polls

But they cannot get complacent.

5 Reasons for a Democratic Thanksgiving

Michael Steele and healthcare reform top the list.

Women Have Say on Health Reform

If it's the year of the women, why are there so few of them?

Turkey Tax

Uncle Sam is joining in on your Thanksgiving dinner.

Ideological Labels Just Don't Fit

Hard-liners don't understand that some of us don't toe an ideological line.

A Decade in Biased Review

How well does the video sum up the last decade?

GOPers Push European-Style Litmus Tests

Some RNC members want strict party platforms. Why do they hate America?

Can Conservative Carly Fiorina Carry Cali?

Ronald Reagan's state is now one of the most liberal in the nation.

Cartoon Gallery

Editorial Cartoon

Political Cartoons

Check out our most recent cartoons.

Public Opinion

Should the GOP Have a Litmus Test?

Should the RNC exclude politicians who don't match the party's platform?

Use of this Web site constitutes acceptance of our Terms and Conditions of Use and Privacy Policy.
Make USNews.com your home page.