The Real Culprits In This Meltdown

[yeahYeah]

Originally Posted by Etta Place

Like it or not, presidents get the credit and the blame for what happens under their watch.

true - we've seen 8 years of Bush bashing and everyone blaming him for everything that happens in the world and their personal lives. Got a divorce? It's Bush's fault..he cut funding to matiral counseling.

Cat got sick? It's Bush's fault - he didn't approve research spending for car colds

Car got a flat tire? It's Bush' fault - he didn't give the transportation admin enough money to take the nail off of I-5 in san diego.

[Etta Place]

Originally Posted by Bree

What's the matter with you folks? You all want to blame someone... some politician or company president. The blame for mortgages failing is squarely on the people who took the money and assumed the responsibility to pay back the loans!! The people that failed to pay back their loans are the ones ultimately responsible for this mess.

Since when aren't people accountable for their own misjudgements and poor management of their own affairs???

Clinton, Bush and the rest of the likely suspects you have rounded up may be guilty of something but they aren't guilty of failing to pay back the mortgage loans... the people who took the money are.

American greed starts at the ground floor and works its way up. People wanted more than they could afford and were willing to gamble on insanely risky loans. Many involved in giving the wrong people money also knew that the Fed would end up bailing the whole system out so they had little to lose and much to gain. The moneylenders share financial and even criminal responsibility for their poor judgements and poor handling of their own affairs.

I think there should be no bail-out. Let the people who took the loans suffer the consequences of their foolishness. Let the banks that failed to properly underwrite these loans go down the chutes. Let the regulators who allowed this insane underwriting to lose their jobs or go to jail in the worst cases. Let the economy go in the tank no matter how much the nation suffers.

Pathe Mathos... Learning is Suffering.

No $700 Billion bailout. Time for this nation to start learning.

You're right. But there were way bigger players in this game than just individual home buyers.

Mayor Bloomberg was right. We have been going for instant gratification for quite some time now, which Bush encouraged, by the way, when after 9/11 he told the country to go shopping.

Transcript: Meet the Press ? Henry Paulson, Michael Bloomberg ? Interviewed by Tom Brokaw : Clips & Comment

[Etta Place]

Originally Posted by yeahYeah

true - we've seen 8 years of Bush bashing and everyone blaming him for everything that happens in the world and their personal lives. Got a divorce? It's Bush's fault..he cut funding to matiral counseling.

Cat got sick? It's Bush's fault - he didn't approve research spending for car colds

Car got a flat tire? It's Bush' fault - he didn't give the transportation admin enough money to take the nail off of I-5 in san diego.

I believe the president is directly responsible for foreign policy and how the U.S. acts in the world. I also believe that he sets the agenda on the economy and taxes, and the Congress either goes along with him or not. For the most part, Bush had a compliant Congress, especially when Republicans were in charge.

[AZXD]

Originally Posted by Etta Place

Like it or not, presidents get the credit and the blame for what happens under their watch.

You admit this, yet at every possible opportunity ... Blame Bush for what you know is not his fault ... That says a lot about the pettiness of your arguments.

[Etta Place]

Originally Posted by AZXD

You admit this, yet at every possible opportunity ... Blame Bush for what you know is not his fault ... That says a lot about the pettiness of your arguments.

What have I blamed Bush for that wasn't his fault? Give me some examples.

[AZXD]

Originally Posted by Etta Place

What have I blamed Bush for that wasn't his fault? Give me some examples.

Sorry, but you know what I wrote is true ... I will not prove your mentality to you ... Because you will not believe it.

Originally Posted by Etta Place

I think George Bush and **** Cheney are aiding and abetting the "enemy" by putting our troops in harms' way for dishonest motives.

You have still not proven this accusation.
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[Brickboy240]

Like the oil problems and high gas prices...this is the cause of both parties..not just one or the current administration.

Anyone who believes otherwise is either a die-hard idealogue or a simpleton.

- brickboy240

[FrankRizzoXD40]

Originally Posted by AZXD

Sorry, but you know what I wrote is true ... I will not prove your mentality to you ... Because you will not believe it.

You have still not proven this accusation.
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Don't hold yer breath...

Frank

[FrankRizzoXD40]

Originally Posted by AZXD

Etta, I agree .... Bush approved those loans, and masterminded this whole thing as a diversion to remove the suspicions people have about how the Iraq invasion was done for the sole purpose of cornering the oil market for a few select friends of George and ****.
Of course ... All of that was a diversion to draw attention away from the fact that he paid Bin Laden and planned the flying of airplanes into the twin towers and the Pentagon. Which we all now was actually done because people were starting to wonder about the long vacation he was conducting after the commencement ceremony. Which was when the real plan was put together to get that bad guy Saddam for embarassing daddy who covered for the poor service record of junior as he galavanted around, strutted his stuff, drank booze, snorted coke, and missed his weekend duty assignments

Now you really are sounding like alex jones!

Frank

[Etta Place]

Originally Posted by AZXD

Sorry, but you know what I wrote is true ... I will not prove your mentality to you ... Because you will not believe it.

You have still not proven this accusation.
.
.

You haven't proven that I blamed Bush for anything other than the Iraq War, the disrepute in which our nation is viewed around the world, being pro big oil, and poor economic policies.