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caryalsobrook
10-12-2011, 09:10 PM
State at least one action of GWB that you would consider a failure while he was President.

caryalsobrook
10-12-2011, 09:12 PM
Bush proposed the Tarp bailout as money to bail out the banks and then Bailed out GM and Chrysler too. Never before the bill passed did he say he would use the money to bail out anything other than finantial institutions.

How about that JD???

caryalsobrook
10-12-2011, 09:14 PM
Bush imposed tariffs on steel suposedly to help the steel industry. To his credit he eventually removed the tariffs. But the mistake did cause harm.

Franco
10-12-2011, 09:19 PM
This thread could go 100 replies!

Can't wait to read this one.;-)


oops, appointing Cox to the head job at the SEC, as in the Securities & Exchange Commission not the dominent collegiate football powerhouse conference.:p

BonMallari
10-12-2011, 09:48 PM
appointing Albert Gonzales as Attorney General

listening to and not firing Don Rumsfeld

appointing Chris Cox as to the Securities and Exchange commissioner/chairman

Harriet Myers

JDogger
10-12-2011, 10:00 PM
State at least one action of GWB that you would consider a failure while he was President.

Bush is no longer President. (Page ? of the regressive/conservative playbook, Eh Stan?)

Try to stay in the here and now, JD.

M&K's Retrievers
10-12-2011, 10:34 PM
Bush is no longer President. (Page ? of the regressive/conservative playbook, Eh Stan?)

Try to stay in the here and now, JD.

Guess you missed the point, again.

M&K's Retrievers
10-12-2011, 11:00 PM
Selling the Rangers. :D

caryalsobrook
10-13-2011, 12:06 AM
Guess you missed the point, again.

Does he ever get the point??????

JDogger
10-13-2011, 01:37 AM
http://i288.photobucket.com/albums/ll176/JDoggger/imagesCAS50W0Z.jpg

Oh I get the point alright. The question begs though, does Fido here?

subroc
10-13-2011, 02:57 AM
Letting John Bolton resign was a failure

Hew
10-13-2011, 04:11 AM
Katrina. Not that the Fed. response was less than what was expected given the magnitude of the situation, but Bush's handling of everything turned to sh!t. Instead of flying over NOLA in Air Force 1 he should have helicoptered into downtown wearing waders and had a "rally the troops" moment in front of the cameras (just like when he stood on the World Trade Center rubble with the bullhorn). He never should have praised "Brownie," a guy who was universally thought to be in way over his head. As FEMA's screw-ups became apparent (which weren't any less eggregious than the City or State's screw-ups) he should have swiftly canned "Brownie." It's not in his nature, but he should have mercilessly counter-attacked, I mean DESTROYED, idiots like Kanye West and their claims of racism. Lastly, why the hell did he blow up the levees?!? What was he thinking? :D Katrina KILLED Bush politically, and the attitude/tone of the country towards Bush was never the same as before.

Also, in his zeal to be PC after 9/11, we're patting down grannies and 10 year old little girls at the airport instead of profiling the hell out of passengers. We still do that stupid stuff today and it was begun by Dubya.

caryalsobrook
10-13-2011, 07:05 AM
Claiming all these failures was Bush's fault can't be right. Surely they were Clinton's FAULT!!!!!!!!:rolleyes:

Franco
10-13-2011, 08:31 AM
Katrina. Not that the Fed. response was less than what was expected given the magnitude of the situation, but Bush's handling of everything turned to sh!t. Instead of flying over NOLA in Air Force 1 he should have helicoptered into downtown wearing waders and had a "rally the troops" moment in front of the cameras (just like when he stood on the World Trade Center rubble with the bullhorn). He never should have praised "Brownie," a guy who was universally thought to be in way over his head. As FEMA's screw-ups became apparent (which weren't any less eggregious than the City or State's screw-ups) he should have swiftly canned "Brownie." It's not in his nature, but he should have mercilessly counter-attacked, I mean DESTROYED, idiots like Kanye West and their claims of racism. Lastly, why the hell did he blow up the levees?!? What was he thinking? :D Katrina KILLED Bush politically, and the attitude/tone of the country towards Bush was never the same as before.

Also, in his zeal to be PC after 9/11, we're patting down grannies and 10 year old little girls at the airport instead of profiling the hell out of passengers. We still do that stupid stuff today and it was begun by Dubya.

No more wondering if you had lost your sense of humor!

Lets get those WMD's and lets remember all those tribal Muslims want to live like Americans;-)

Blackstone
10-13-2011, 09:03 AM
The Iraq war & the weapons of mass destruction that were never found.

The economy.

huntinman
10-13-2011, 09:08 AM
The Iraq war & the weapons of mass destruction that were never found.

The economy.

The economy was great for the first 7 years. Dem congress in charge last couple of years took care of that. Barney Frank, Chris Dodd anyone?

Blackstone
10-13-2011, 09:55 AM
The economy was great for the first 7 years. Dem congress in charge last couple of years took care of that. Barney Frank, Chris Dodd anyone?

Not really. I guess it depends on where in the country you were. In MI & Ohio, the economy and the housing market began to fail in late 2004 to early 2005. Then is spread to the rest of the country. In many parts of the country, the housing market peaked in late 2005 - early 2006. However, it had already start to crash in the aforementioned states.

dixidawg
10-13-2011, 10:23 AM
Not really. I guess it depends on where in the country you were. In MI & Ohio, the economy and the housing market began to fail in late 2004 to early 2005. Then is spread to the rest of the country. In many parts of the country, the housing market peaked in late 2005 - early 2006. However, it had already start to crash in the aforementioned states.



See above re Barney Frank. From 2003:

New Agency Proposed to Oversee Freddie Mac and Fannie Mae

By STEPHEN LABATON
Published: September 11, 2003

The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.
Under the plan, disclosed at a Congressional hearing today, a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, the government-sponsored companies that are the two largest players in the mortgage lending industry.
The new agency would have the authority, which now rests with Congress, to set one of the two capital-reserve requirements for the companies. It would exercise authority over any new lines of business. And it would determine whether the two are adequately managing the risks of their ballooning portfolios.


.........

'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. ''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.''


Read the full article here:

http://www.nytimes.com/2003/09/11/business/new-agency-proposed-to-oversee-freddie-mac-and-fannie-mae.html?pagewanted=all&src=pm


Barney Frank kept his head in the sand and lying about the situation until the whole house of cards came tumbling down..... On the flip side, I guess Bush is to blame for not pressing harder to get the proposed legislation passed back in 2003.

Raymond Little
10-13-2011, 10:56 AM
Barney Frank kept his head in the sand and lying about the situation until the whole house of cards came tumbling down..... On the flip side, I guess Bush is to blame for not pressing harder to get the proposed legislation passed back in 2003.[/quote]

Barney had his head plenty of places but the "Sand" was probably not one of them.;)

Franco
10-13-2011, 11:02 AM
See above re Barney Frank. From 2003:

New Agency Proposed to Oversee Freddie Mac and Fannie Mae

By STEPHEN LABATON
Published: September 11, 2003

The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.
Under the plan, disclosed at a Congressional hearing today, a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, the government-sponsored companies that are the two largest players in the mortgage lending industry.
The new agency would have the authority, which now rests with Congress, to set one of the two capital-reserve requirements for the companies. It would exercise authority over any new lines of business. And it would determine whether the two are adequately managing the risks of their ballooning portfolios.


.........

'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. ''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.''


Read the full article here:

http://www.nytimes.com/2003/09/11/business/new-agency-proposed-to-oversee-freddie-mac-and-fannie-mae.html?pagewanted=all&src=pm


Barney Frank kept his head in the sand and lying about the situation until the whole house of cards came tumbling down..... On the flip side, I guess Bush is to blame for not pressing harder to get the proposed legislation passed back in 2003.

The problem with Fannie and Freddie go back to Sen. Phil Graham R-Tex who wrote and campioned deregulation for Credit Default Swaps. Bill Clinton was dumb enough to sign it into law. Both parties are at fault, see below...

Another Commodity Futures Modernization Act of 2000 was introduced in the Senate on June 8, 2000, as S. 2697. A joint hearing of the Senate Agriculture (http://en.wikipedia.org/wiki/United_States_Senate_Committee_on_Agriculture,_Nut rition_and_Forestry) and Banking (http://en.wikipedia.org/wiki/Senate_Banking_Committee) Committees was held to consider that bill. The Senate Agriculture Committee reported out an amended version of S. 2697 on August 25, 2000.
During the House and Senate committee hearings on these bills, Committee Chairs and Ranking Members described a tight legislative schedule for the bills because of the election year’s short Congressional schedule. Sponsors had delayed introduction of the bills as they vainly awaited agreement between the CFTC and SEC on how to regulate the single stock futures contemplated by the PWG Report. That issue dominated the hearings.
On September 14, 2000, the SEC and CFTC announced they had agreed on a joint regulation approach for “security futures.” Senior Treasury Department officials hailed the “historic agreement” as eliminating “the major obstacles to forming a consensus bill.” At the same time, Senator Phil Gramm (R-TX), the Chair of the Senate Banking Committee, was quoted as insisting that any bill brought to the Senate Floor would need to be expanded to include prohibitions on SEC regulation of the swaps market.
Democratic members of Congress later described a period in late September through early October during which they were excluded from negotiations over reconciling the three committee versions of H.R. 4541, followed by involvement in reaching an acceptable compromise that left some Republicans unhappy with the final version of the bill and some Democrats upset over the “process”, particularly the involvement of Sen. Gramm and House Republican leadership in the negotiations. Despite indications no agreement would be reached, on October 19, 2000, the White House announced its “strong support” for the version of H.R. 4541 scheduled to reach the House Floor that day. The House approved H.R. 4541 in a 377-4 vote.

......................

BTW, The Republicans controlled both the Seanate and House when the legislation was passed. Nothing has really changed today and that is why we need to change the entire culture in DC. The Repubs and the Dems have failed the American tax payer. End the Federal Reserve!

dixidawg
10-13-2011, 11:15 AM
Actually, a lot of it started under Carter with his "Community reinvestment Act" where banks were essentially forced to lend to uncreditworthy borrowers. The mortgage holders looked for ways to put some lipstick on those pig loans that they held.

However by 2003 many people knew there were major problems in Fannie and Freddie. and intentionally denied them and resisted any move to try to resolve the problem.

Franco
10-13-2011, 11:48 AM
Actually, a lot of it started under Carter with his "Community reinvestment Act" where banks were essentially forced to lend to uncreditworthy borrowers. The mortgage holders looked for ways to put some lipstick on those pig loans that they held.

However by 2003 many people knew there were major problems in Fannie and Freddie. and intentionally denied them and resisted any move to try to resolve the problem.

Fannie was cooking the books yet the head of Fannie, Franklin Raines, walked with over 100 million in bonus money. Which begs the question; Why were there no prosecutions?

Answer; Because many in Congress both Repub and Dem would have been blamed for allowing this to happen so it was better to sweep the entire fiasco under the rug!

dixidawg
10-13-2011, 12:30 PM
Fannie was cooking the books yet the head of Fannie, Franklin Raines, walked with over 100 million in bonus money. Which begs the question; Why were there no prosecutions?

Answer; Because many in Congress both Repub and Dem would have been blamed for allowing this to happen so it was better to sweep the entire fiasco under the rug!


Exactly right!

Jason Glavich
10-14-2011, 07:28 AM
No Child Left behind

caryalsobrook
10-14-2011, 07:32 AM
Amazing Jdogger, failures galore posted of Bush failures. How can that be if everybody here only support Republicans????