Quote:Too trusting?  Fannie/Freddie knew that it didn't matter because they fully expected the government to bail them out if the market collapsed.  They were right. 

 

You admit it was deregulation that caused the problem, then blame it on the republicans who did indeed attempt on multiple occasions to try to bring more regulation into the system but they were rebuffed by those democrats who kept saying there wasn't a problem.  Nobody had the stomach to take a serious approach to this because both parties benefited from creating the perception the economy was booming and people were living the dream.  In the end, it blew up on all of them, and it's impossible to look at what your messiah has done over the past 6 years to fix the problems and claim any success.  I'm sure you'll blame the republicans once again, but he had super majorities in congress for 2 years, and what did he focus on?  Taking over 1/6 of the economy.  Not fixing the problems. 

 

I already told you, the republican party had full control of all three segments of government during the first 3 congresses of Bush's time in office.

 

To try to blame their inaction on the dems is ridiculous.

 

Both parties didn't benefit equally from the appearance of a booming economy, that was esteem that the republicans got because they were in power. As soon as things went south they were quick to try to blame the guy that was in office 7 years earlier, sort of how the republicans now are trying to say that Obama needs to take responsibility for the economy as congress tries to stand in his way of doing anything to affect it.

 

If you want to see fixes you need to actually let him fix it, not keep on shutting the government down, not passing his budgets, and constantly going to debt default brinks.

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