Yep. And I never doubted for one minute that what he cared about was the safety and security of the citizens of the country.
The current administration cares about neither, nor the citizens themselves.
For the naysayers
Sen. Orrin Hatch gave a floor speech as Pres. Bush
was leaving office. This is specifically about the
FannieMae/FreddieMac subprime mortgage/housing
collapse.
~~~~~~~~~
President Bush cut taxes for every American who pays taxes, doubled the child tax credit to help American families, provided marriage penalty relief, and began phasing out the estate tax.
The roots of the current financial crisis extend before President Bush took office and his warnings went unheeded.
In April 2001, just 3 months in office, he warned that financial trouble at Fannie Mae and Freddie Mac could have strong repercussions in financial markets.
In May 2002, he called for disclosure and corporate governance principles to be applied to those agencies.
In February 2003, the Bush administration warned that unexpected problems at Fannie and Freddie could immediately spread beyond the housing market.
Seven months later, the Treasury Secretary called for prudent minimum capital adequacy requirements for Fannie and Freddie.
In February 2004, President Bush called for stronger regulation of Fannie and Freddie because of their low levels of required capital, that is, subprime mortgages.
Warnings continued month after month, year after year.
The notion that the Bush administration sat by while the problem developed or, worse yet, fought increased regulation is simply a lie.
There has never been a greater chasm between two people than George W. Bush and Barack Hussein Obama.