Yeah, but it was kabuki.
For six years of the Bush admin, he had both a Republican Senate and a Republican House.
Bush also appointed the Comptroller of the OCC and the Treasury Secretary.
It was Bush Republicans in power in the lead up to the catastrophe.
For a full six years.
Not only did they have access to ALL THE DATA IN THOSE CRUCIAL, THEY ALSO HAD COMPLETE LAWMAKING AUTHORITY AND FULL REGULATORY AUTHORITY.
While I will not go so far as to say they developed and implemented all the policies (just some) that led to the big melt, I will say they had the information and the power not only to see it coming but to stop it.
But, since they too were getting paid, they decided to do nothing but ride the gravy train.
Then Bush singed the big bailout that his Treasury Secretary handed him.
The Republican, and the Bush Republicans SPECIFICALLY are fully, 100% responsible.
They had total control, and full awareness.
BUt they chose to make themselves and all their cronies (The current Republican Donor class) very rich.
Yeah, but it was kabuki.
For six years of the Bush admin, he had both a Republican Senate and a Republican House.
...and how angry are we that a republican controlled house and senate keep ignoring us the voter?
We’ve seen first hand what congress will do, or not do.
Lobbyists pay Congressmen not Presidents. At the time we thought the Republican majorities were loyal to W. Are we so sure now. I wouldn’t trust people like McConnell with a pool toy.
Again, W. made mistakes but they all had a hand in it Dems included.
100% correct.
Anyone who blames the Democrats for the real estate crash was asleep during both of Bush's terms.