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Timeline shows Bush, McCain warning Dems of financial and housing crisis; meltdown (video)
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| 9/24/2008
| ProudtobeCanadian
Posted on 01/31/2012 1:31:07 PM PST by Signalman
The Bush Admin and Senator McCain warned repeatedly about Fanny Mae and Freddy Mac and what thus became the 2008 financial crisis -- starting in 2002 (and actually even earlier -- in the Clinton and Carter White Houses. Democrats resisted and kept to their party line, extending loans to people who couldn't afford them -- just like you would expect of socialists.
TOPICS: Business/Economy
KEYWORDS: fanniemae; freddiemac; truth
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To: Deb
Devastating rebuttal...
21
posted on
01/31/2012 3:20:50 PM PST
by
MileHi
( "It's coming down to patriots vs the politicians." - ovrtaxt)
To: MileHi
Why, thank you.
22
posted on
01/31/2012 3:24:03 PM PST
by
Deb
(Beat him, strip him and bring him to my tent!)
To: Deb
Hahahahaha. Yeah, Bush was a real slave to the Wall Street bankers. Thats why they gave all their money to Gore, Kerry and Obama. You Bush-haters are comically deranged.In the 2004 election cycle, Ameriquest alone gave Bush $5 million. This doesn't take into account Goldman-Sachs, ($4,000,000) Merryl-Lynch, ($1,500,000) Morgan-Stanley, ($1,500,000) UBS-AG, ($1,400,000) or Lehman Bros. ($1,000,000)
The amount of the campaign contributions Bush received from these investment firms for the 2004 election cycle was really more than $14 million.
Who is the Progress for America Fund that received $5 million in campaign contributions from the sub-prime lender, Arnall?
From: Progress for America Voter Fund:
Progress for America (PFA) (a 501c4) and its affiliate Progress for America Voter Fund (PFA-VF) (a 527 committee) are national tax-exempt organizations. The PFA was, from the beginning, "closely associated" with the Bush administration, the Republican National Committee and "their consultants." [1]
PFA was established in 2001 to support George W. Bush's "agenda for America." The PFA Voter Fund, which was set up in 2004, raised $38 million in support of Bush's 2004 election bid.
Progress for America, a "friends of the party" organization "operated by Tony Feather, the former political director of Bush-Cheney 2000 and a close friend of White House political adviser Karl Rove, is described by some Republicans as a new group dedicated to corralling outlawed party soft money," Steve Weismann, Associate Director for Policy at The Campaign Finance Institute wrote January 28, 2003.
...
The California Orange County Register reported July 24, 2005, that the largest contributors to PFA-VF -- for a total $15.7 million -- were Dawn Arnall and Alex Spanos.
According to FEC records, the following were major PFA-VF contributors in 2004. (CampaignMoney.com)
- Dawn Arnall: $5.4 million
- Richard de Vos (Co-founder Amway): $2 million
- C. Boyden Gray: $100,000
- Carl H. Lindner (Chairman of American Financial Group): $1.5 million
- Bernard Marcus (Retired; Home Depot, Inc.): $1 million
- Robert McNair (Chairman, Houston Texas NFL Franchise): $1.25 million
- Jerry Perenchio (Chartwell Partners LLC): $3 million
- Jerry Perenchio (Living Trust) $1 million
- Bob Perry (CEO of Perry Homes): $3 million
- T. Boone Pickens (CEO of BP Capital): $2.5 million
- Robert Rowlings (CEO of Omni Hotels): $1 million
- Paul E. Singer (Elliott Capital Advisors LP): $1.5 million (Also see Vets for Freedom Action Fund.)
- Alex Spanos (Chairman of AG Spanos Companies): $5 million
- TRT Holdings Inc., Irving, Texas: $1 million
- Jay van Andel (Founder of Alticor): $2 million
- Alice Walton (Rancher; Wal-Mart Stores): $2.6 million
- Marian Ware (CEO of Ware Family Office): $1.4 million
23
posted on
01/31/2012 3:25:57 PM PST
by
Ol' Dan Tucker
(People should not be afraid of the government. Government should be afraid of the people)
To: Deb
I was being sarcastic.
I'll assume you were too.
24
posted on
01/31/2012 3:27:36 PM PST
by
MileHi
( "It's coming down to patriots vs the politicians." - ovrtaxt)
To: MileHi
Another Mensa member heard from.
25
posted on
01/31/2012 3:30:27 PM PST
by
Deb
(Beat him, strip him and bring him to my tent!)
To: Deb
Sophomoric
26
posted on
01/31/2012 3:38:44 PM PST
by
MileHi
( "It's coming down to patriots vs the politicians." - ovrtaxt)
To: Ol' Dan Tucker
Hey, I know Jerry Perenchio! He's the greatest guy. He was a producer and always contributes to Republicans. He keeps some of California's charities alive single-handed.
Geez, Goldman only gave Bush $4 mil? Corzine gave zillions to Gore when he was Goldman's prez. So did the rest.
I'm glad there are business people out there giving to our side. Thanks for making my point, retard.
27
posted on
01/31/2012 3:41:05 PM PST
by
Deb
(Beat him, strip him and bring him to my tent!)
To: MileHi
28
posted on
01/31/2012 3:43:15 PM PST
by
Deb
(Beat him, strip him and bring him to my tent!)
To: Ol' Dan Tucker
FYI, genius...successful businessmen are not "Wall Streeters". People on Wall Street who work on Wall Street and make their money from Wall Street, are Wall Streeters. The people on your stupid list are heroes. They employee THOUSANDS of people and make our economy the envy of the World.
Your research abilities suck dead dogs. But thanks for reminding me how much I love Jerry.
29
posted on
01/31/2012 3:48:31 PM PST
by
Deb
(Beat him, strip him and bring him to my tent!)
To: Ol' Dan Tucker
“Which Congress was this? Both houses of the 108th were controlled by Republicans.”
RINOS!
Have you seen what they’re doing to Gingrich in Florida right now?
30
posted on
01/31/2012 4:27:53 PM PST
by
kitkat
(Obama, rope and chains)
To: Deb
Thank you. :) Some nice replies indeed to that douche!
Bush bashing is so 2008.
Why do people insist on looking back saying “he did it too”. Finger pointing is such a turn-off.
We really need to focus on just stopping unethical behavior and begin doing things right... from now until eternity.
31
posted on
01/31/2012 5:07:09 PM PST
by
nagdt
("None of my EX's live in Texas")
To: Ol' Dan Tucker
Bush may have been busy extending his investment portfolio in his second term. That could explain many issues with the housing market if he was playing derivatives.
32
posted on
01/31/2012 8:44:51 PM PST
by
jonrick46
(Countdown to 11-06-2012)
To: kitkat
Have you seen what theyre doing to Gingrich in Florida right now?That doesn't matter. Come November, which party will you be voting for?
RINOS!
33
posted on
02/01/2012 7:32:07 AM PST
by
Ol' Dan Tucker
(People should not be afraid of the government. Government should be afraid of the people)
To: jonrick46
Bush may have been busy extending his investment portfolio in his second term. That could explain many issues with the housing market if he was playing derivatives.That would not surprise me in the least.
34
posted on
02/01/2012 7:35:38 AM PST
by
Ol' Dan Tucker
(People should not be afraid of the government. Government should be afraid of the people)
To: Ol' Dan Tucker
from the time Bush entered office until the day he left he served only one constituency --Wall Street bankers. Hey, ol' Dan. Yea, you. You could not be more wrong!
To: nagdt
You just know that every thread put up that refutes some media myth about Bush, there will be the usual Flying Monkeys who dive bomb in and shoot up the place. Like you said, It’s “so 2008”.
36
posted on
02/01/2012 11:55:11 AM PST
by
Deb
(Beat him, strip him and bring him to my tent!)
To: Deb
To: Servant of the Cross
Hey, ol' Dan. Yea, you. You could not be more wrong!How many bodies did Duh-bya personally dig out of the 9/11 rubble?
38
posted on
02/01/2012 12:45:00 PM PST
by
Ol' Dan Tucker
(People should not be afraid of the government. Government should be afraid of the people)
To: Ol' Dan Tucker
Well, at least you're reasonable. I think everyone agrees that only people who have personally retrieved bodies from the rubble of the Twin Towers, should be afforded respect and honor.
You may now return to your urine-soaked bed and finish the pizza you dropped on the floor. (you really are a pathetic ass-wipe)
39
posted on
02/01/2012 2:39:11 PM PST
by
Deb
(Beat him, strip him and bring him to my tent!)
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