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To: sickoflibs
Oh, I'm sure 'That One' will try to blame everything on the de-regulation under President Bush. The problem for him will be that Bush didn't de-regulate the financial and housing markets. That was all done under Reagan in the 80's and again under Clinton in the 90's. Bush tried to stem the tide of the mortgage problems by supporting legislation in 2003 and 2005, but it was block by Democrats both times.

I believe that one of the big reasons the Republicans lost this time was the fact that they didn't stress enough the facts that it was the Democrats who sowed the seed of this crisis, so the MSM led everyone to believe that all our financial woes were caused by the "eight years of Bush and Cheney". The only folks I know who voted for Obama, did so because they thought the Republicans had messed up the economy, and that the Democrats would do a better job. They're Democrats anyway, but I was appalled that they, lifelong Catholics would vote for a man who is SO anti-life. Maybe they just didn't know, since the MSM never mentioned THAT part of his philosophy, as far as I know. These folks sat in church and listened to the letter from the Bishop, and the excellent sermon by our Associate Pastor, on the subject of abortion, but I guess they either didn't think that applied to Obama, or they were so angry about the economy, that they just didn't care. Very sad.

42 posted on 01/21/2009 8:02:14 AM PST by SuziQ
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To: SuziQ
RE :”I believe that one of the big reasons the Republicans lost this time was the fact that they didn't stress enough the facts that it was the Democrats who sowed the seed of this crisis, so the MSM led everyone to believe that all our financial woes were caused by the “eight years of Bush and Cheney”.

Sorry but republicans including McCain tried that argument but it was not believable. Sure, democrats worked against the economy, because it was in their interests . But republicans had a big interest in the economy not tanking prior to the election, the bailouts just gave them away. The election results were based on one thing, disgust for republicans and GWB. It is their failure to consistently stand for anything that the majority of the public is interested in. They even lost the tax cut issue.

Now why does GWB get the blame for the economy even though republicans point to democrats actions?

GWB administration took credit for the resulting housing boom ,increasing home ownership ,and stock market boom, which ALL turned out to be phony paper value Ponzi bubbles based on personal and national debt. All the so called increase in tax revenue was based on consumer and national debt based on temporily inflated paper values. That is why he gets blamed, for taking credit before the same things goes bad. (A similar thing happened with ethanol and gasoline prices. And 'Mission Accomplished' used over and over by rats) Democrats had an interest in screwing up the economy, because they knew Bush would get credit for it. More at comment 119 : In 2000, Fannie Mae launched American Dream Commitment, ...,later raised to $700 billion in response to President Bush’s Minority Homeownership Initiative.

Why doesnt Bush get credit for winning in Iraq? Try comment #48

1) Because he had no plan to keep the public on board when things got difficult, and 2) if Iraq Invasion was SO important, then why didn't he fund it with taxes?

56 posted on 01/21/2009 1:10:07 PM PST by sickoflibs (Obama : " How would my treasury secretary know to pay taxes?")
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