Of course it's the inadequate oversight of the Banking Regulators! That's it! It's just like all the other Federal agencies that have had their regulations neutured by this George W Bush Republican Administration. The Clean Air Act? Really? How about meat inspectors for meat packing houses? Oh, guess what? They get to inspect their own meat packing businesses! Oh, my, I bet they'll be tough on themselves.
This Republican Administration led by George W. Bush and his cronies are weakening the fabric of our Democracy.
Thanks
2007-12-28 08:13:50
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answer #1
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answered by telwidit 5
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I blame NOTHING on Bush. This man seriously has done nothing. I am on no one's side. The results of the American constituency of both parties, shows no cooperation and no "positive" results. Mysteriously, many of the friends of the United States who are leaders and would-be leaders, have gotten assassinated or died other than "natural causes." Yet, these leaders were America's friends. R I G H T!!! Think about it, folk who don't follow America's concepts according to its whims, don't live long.
Our dear Mr. Bush and the allies, all say, it is so sad that our latest would-be ally, Benazir Bhutto, got killed. The world leaders didn't look all that sad. Questions do abound.
I wish you and your loved ones, a prosperous, healthy,
God-endowed, Happy New Year.
P E A C E!!!
2007-12-28 08:51:08
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answer #2
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answered by In God We Trust 7
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No, of course not, the sitting president with the largest deficit in history, the president who is the decider, the great believer in what his Dad once called voodoo economics also known as trickle down economics. The one man who could have run the Republicans to actually regulate the mortgage industry instead of ignoring the unsavory practices and huge interest rates....he had nothing to do with it.
He isn't totally responsible of course, but his strong stance on not regulating business does have an effect.
Hes not totally responsible, but his attitude of spend, spend, spend, and don't worry about paying did rub off on the rest of us.
Or maybe you just think that's a coincidence?
2007-12-28 08:16:46
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answer #3
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answered by justa 7
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not fault of Bush...its just a coincidence that all these things are happening on his watch....just a victim of bad timing.
its all really clinton's faut and carter's fault.
no sirreee....record budget deficits, record trade deficits, record consistently high gas prices, record illegal immigration, record foreclosures, declining real wages, the shrinking middle class, the rising number of billionaires, the fact that health care is prohibitively too expensive for too many americans..etc.....none of that is Bush's fault.....it just seems like that cause he has been in office for all those years with GOP controlling congress.
2007-12-28 08:56:13
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answer #4
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answered by bush l 1
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Bush is actually very intelligent he just makes everyone think he is a moron. But no I do not think this is because of Bush. No stars for you :)
2007-12-28 08:37:39
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answer #5
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answered by MiMi ♥ 4
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lots of the reponses you will get carry of at right here would be unsolicited mail. The hyperlinks they provide are mostly referral hyperlinks, meaning THEY gets a commission in case you sign up! Envelope stuffing and secret paying for won't be sufficient to pay the charges. stay far flung from the web survey sites too, as from what i've got experienced, are all scams that may not pay you. many human beings have tried to do what you're doing, it is between the excuses eBay has been around for see you later. You suggested you needed to sell candles, cosmetics, toys, handbags, you will stumble on all those issues on eBay for pennies on the greenback for what you're thinking you are able to sell them at your self. yet another situation is respected companies that manufacture high quality products are unlikely to sell their stuff to somebody who plans on reselling it on eBay or off their MySpace web site or everywhere. in case you will stumble on any providers that sell you their products they would be companies that manufacture no call products that no one else is going to p.c. to purchase besides. you're unlikely to have the skill to purchase MAC cosmetics or Chanel handbags to resell your self, no longer except you spend the money to open a boutique interior the mall no longer less than.. ....purple Deer properties on the industry
2016-10-20 05:04:51
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answer #6
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answered by ? 4
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President Bush has nothing to do with it!
2007-12-28 09:32:17
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answer #7
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answered by Anonymous
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This one is not really his fault. Its really based in investor confidence.
Since reposessions/defaulted loans are at an all time high (save for depression era percentages), and much of this is due to unscrupulous lending practices, it makes a lot of sense that consumer confidence is shaken in the industry.
Not to mention property values are dropping, which effectively trap people in the houses they are in and increase their property taxes every year.
It really has nothing at all to do with Bush. Just ask a mortgage professional.
2007-12-28 08:06:38
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answer #8
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answered by Phil M 7
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.It's not Bush's fault... It's Greenspan's. He isn't as smart as everyone thought he was. Why would you continue to lower the Federal Funds rate at every meeting for years until it's almost at zero without taking a breather to see what effect it's having?
I know hindsight is 20/20 but that was a huge mistake and will probably drive us into a recession
2007-12-31 02:11:31
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answer #9
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answered by Minnesota Fats 3
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This is because careless people used the tax cuts to overbuild new houses, sold those houses at raised prices, baught those houses with loans that were more than they could pay for, loaned those people the money, and banks ran out of cash to loan.
2007-12-28 08:08:09
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answer #10
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answered by iooioiioo 2
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