Quote:
Originally Posted by Rochard
But why didn't the Bush administration see this and prevent this?
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My guess is because it was raining money and the economy was flying.
There were politicians on both sides of the aisle who warned about it (just like politicians on both sides created it to begin with).
Some things are just dumb I guess.
It reminds me of our country being in so much debt. I hear pundits on CNN say that the debt doesn't matter and we should be deficit spending when the economy is like this...
And just like that whole mortgage mess, it will eventually blow up in our faces.
Seems like the govt. always tries to spin shit that doesn't make ANY common sense, and they try to play it off like it's just too complicated for any of us to understand.
And then when it all goes south (like happened in 2008), they talk out of the other side of their mouths and say: "Of course that couldn't last!"
All those politicians are crooks who are lining their cronies pockets straight from the Bank Of The United States Of America.
Bush didn't care about you or me. Obama doesn't either. Neither did Reagan, or Carter, or Ford...or any politician EVER.