Timeline shows Bush, McCain warning Dems of financial and housing crisis; meltdown

In: financial

15 Jan 2010




The Bush Admin and Senator McCain warned repeatedly about Fanny Mae and Freddy Mac and what thus became the 2008 financial crisis — starting in 2002 (and actually even earlier — in the Clinton and Carter White Houses. Democrats resisted and kept to their party line, extending loans to people who couldn’t afford them — just like you would expect of socialists. See our web site for more. — www.ProudToBeCanadian.ca http — www.proudtobecanadian.ca

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25 Responses to Timeline shows Bush, McCain warning Dems of financial and housing crisis; meltdown

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StupidExtravert

January 15th, 2010 at 5:19 pm

Yup, I agree. The next man/woman in the White house will be a republican, but that really doesn’t matter. It’s meant to cycle back and forth. Republicans are not conservative. They overspend just like EVERY OTHER PARTY. It doesn’t matter how much money the taxpayers give them, they will spend more. That is the point. Dems raise taxes, because we are in debt, yet they spend more money than we give them, and just create MORE DEBT THAN BEFORE. What happens when it falls apart….

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erscoop

January 15th, 2010 at 5:39 pm

GOOGLE stimulus cigars and look at their page showing all the government waste in the stimulus package. More than 8,500 earmarks in a package Obama said would have no pork.

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baarberosssa

January 15th, 2010 at 5:39 pm

You guys are silly. If you picked a wing, you’ve been divided, yet the bat still remains whole. The political posturing should only fool the most simple of minds. How do you sail against the wind? Tack left, then right, repeat as necessary. The sad thing is, those who manipulate you are marginally smarter, much more greedy, and much less concerned with human welfare. I don’t blame them, I blame the simpletons who waste their strength arguing left or right while the government robs them.

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pointdan

January 15th, 2010 at 6:13 pm

Why are Barney Frank, Chuck Schumer, Chris Dodd, Franklin Raines, Jim Johnson and Jamie Gorelick not in JAIL ?
Hey Barney – how’s your boyfriend Herb Moses ? Still working at Fannie Mae ??
Report to Prison now !!!

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jaoshuu

January 15th, 2010 at 6:54 pm

BTW, Clinton was the one that started this mess. Yes, King Bubba.

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jaoshuu

January 15th, 2010 at 7:30 pm

The l-l-l-lolipop king strikes again. B-b-wany Fannnk is one of the most toxic and crooked politicians in the system.

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cidrosmith

January 15th, 2010 at 7:57 pm

Frank went to Harvard and walked out with a degree in shit for brains.

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nwdiver

January 15th, 2010 at 8:20 pm

Where was this info during the elections??

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sashamanda1

January 15th, 2010 at 8:39 pm

Democracy cannot exist where the media is so very biased and so ignorant of basic economics. This meltdown was predictable and well known in advance. And we ridiculed and neutralized or voted out of office the people who tried to stop it.

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GovernmentSham912

January 15th, 2010 at 9:08 pm

obama voted present in the congress for regulation of fannie and freddie
he did it repeatedly to avoid responsibility
but he did vote for Bush’s policy on TARP

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ih8pinkos

January 15th, 2010 at 9:38 pm

it was, it was all their fault, they are all conspirators and crooks

Ron Paul 2012

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ih8pinkos

January 15th, 2010 at 9:48 pm

democrats and republicans are filth
progressive and progressive light

they both undermine U.S. and Canadian sovereignty with their supposed “free trade” agreement.

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luckycharmz336

January 15th, 2010 at 10:17 pm

Wow, democrats are amazing at the art of deception, we believed (including me) that this mess was George Bush’s fault.

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fallenanjel

January 15th, 2010 at 10:51 pm

Don’t you mean 6 years? And what could Republicans do at that point? At the end of Bush’s tenure, the Dems had already gained control of both the House & Senate. You know, about the time of the infamous collapse of the banking industry (no thanks to Dodd, Frank and the rest of the Demo ilk who said all was fine with Freddie & Fannie) And now they want to foresee health care reform?

In case you’ve forgotten, Congress controls the purse strings when it comes to our spending, not the president.

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toogawn

January 15th, 2010 at 11:27 pm

If our country lasts that long! Without there “disaster” to effect the change they are after

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sivartretrac

January 16th, 2010 at 12:06 am

What we had before wasn’t free market. It was what we have now–a quasi fascist system where money and legislation is thrown at select corporations.

Let’s throw out the Dempublicans and Republicrats…

Vote Ron Paul in 2012!

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dalmatian847

January 16th, 2010 at 12:23 am

November can’t come soon enough.

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DrDaveHardy

January 16th, 2010 at 1:18 am

Won’t be long now. We’re just about a year away from throwing a bunch of douschebags out of Washington and start restoring capitalism, free markets and our economy. Tick Tock.

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dalethehero

January 16th, 2010 at 2:00 am

The Repubs wanted to create another bureaucracy when the problem was two gov. entities couldn’t handle themselves. The Reubs and Dems grow govt. we need a third party that shrinks it!

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danananadaniel

January 16th, 2010 at 2:06 am

so what is john mccains plans exactly?
to cut everything off? to stop federal funding?
to shut schools down? hospitals?
and btw, how do you even know if he would stop spending? im pretty sure he would just waste all our money on the military. espacially since he thinks that isreal can take more land away from pakistan. that would create more conflict that we would have to be a part of. so i think you need to wake up.
also, mccain admits in a video that he doesnt know anyhing about the economy

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RuflessRecords

January 16th, 2010 at 2:13 am

The Republicans suck at defending their record. They have a strange system of selectively picking what they will fight for vigorously, and then other times where they just roll over and say nothing while the left hurls attacks. Just think what a Rahm Emanuel, if he’d been a rightwinger, could have done with all these Democrat quotes.

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karenaline47

January 16th, 2010 at 2:53 am

Betterworld1 is right…Democratic Liberals are a cancer…rotten, stinking cancer.

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tickyul

January 16th, 2010 at 2:53 am

I think the fight is over and the Demorats win. They are so much slicker pols than the Republirats and they control the major population bases, plus they are better at doling out the goodies. Minorities are slaves to the Demorats and thier numbers are rising, whites numbers are falling. Congrats Demorats, you can firmly put your ideology into full play, no matter how toxic it is for this country. Ted Kennedy was a genius, he knew the 1965 immigration reform was a royal flush for the Demorats!

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castletriglav

January 16th, 2010 at 3:52 am

Stuff your religion. Bible fairy tales won’t save anyone.
Eat my shorts.

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castletriglav

January 16th, 2010 at 4:20 am

The shit economy is for the reasons stated in the video. Obama hasn’t a clue on how to fix anything. Spend our way out?
Hardly.

Wake up.

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