Quote:
Originally Posted by bcdjudo7
Anyone that thinks Bush caused all of our issues is clueless ....
Did the Ex President cause people to take out idiotic loans and make irresponsible decisions? Did President Bush start the lax mortgage lending practices ? Did President Bush cause the Auto industry to make stupid decisions ? The policies of past presidents and bad personal and business decisions caught up to us and caused us more issues now than anything Bush ever did ! It is not or even remotely close to being one mans fault !
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It was deregulation that caused this mess,not people not paying their mortgages. credit swaps it was all run like a big fucking casino.The right encouraged deregulation.The auto industry is failing because the financial industry arent opening credit. Nissan is laying off 20 thousand workers.