This Will ALWAYS Be George Bush's Recession!!!!

Mr. Shaman

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"Federal regulators in the Bush administration blocked attempts by state governments to prevent predatory lending practices that resulted in the financial crisis now stalking the American economy, a new study from the University of North Carolina says.

In 2004, the Office of the Currency Comptroller, an obscure regulatory agency tasked with ensuring the fiscal soundness of America's banks, invoked an 1863 law to give itself the power to override state laws against predatory lending. The OCC told states they could not enforce predatory-lending laws, and all banks would be subject only to less-strict federal laws."

Whew.....just think how much worse things would be, if Lil' Dumbya's Daddy hadn't bought him that MBA!!

:rolleyes:
 
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Whew.....just think how much worse things would be, if Lil' Dumbya's Daddy hadn't bought him that MBA!!



:rolleyes:

Please give Barney Frank and Chris Dodd a little credit for Fannie Mae and Freddie Mac...it was their job to regulate, monitor, and oversee these fine organizations.
 
The democrats blew their chance to be heroes in this recession by going down a path of spend spend spend, when there have been no other examples of that working in this type of situation.

The only thing that is common between this current admin and the prior admin is that the congress is the same democratically controlled congress.

vote em out in 2010.
 
The democrats blew their chance to be heroes in this recession by going down a path of spend spend spend, when there have been no other examples of that working in this type of situation.
Lemme guess.....you're no History Major, right?

:rolleyes:

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(Not to worry. Republicans would still have the Choice to run-like-HELL, when the word WORK is mentioned.)​
 
Whew.....just think how much worse things would be, if Lil' Dumbya's Daddy hadn't bought him that MBA!!

:rolleyes:

that is a bunch of bull and you know it!!!!!!!!!!!!!!!!!!!!!

you may want to point the blame to your gay friend from Mass....
 
yeah. shaman, that's the same as spending 800billion dollars on porkulus projects.
Ah, yes...let's repeat some Republican-tactic (like tax-cuts), to prove (once, again) they don't work, right?

Yeah....whatta great-use-of-time....

:rolleyes:
 
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