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To: sickoflibs
But what you are claiming was that Bush knew all about this problem yet in 2006 and 2007 he let investors keep buying houses and stocks at hugely inflated prices.............

You're kidding right???? President Bush just "let" everyone keep spending their OWN money...Wow!!

51 posted on 03/08/2009 2:30:55 PM PDT by Osage Orange (Our constitution protects aliens, drunks and U.S. Senators. -Will Rogers)
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To: Osage Orange; SuziQ; mayflower1637
RE :”You're kidding right???? President Bush just “let” everyone keep spending their OWN money...Wow!!

Instead of telling us how great the economy was in 2006-2007 he could have warned us that things were amiss so we didnt continue to bid up the prices of stocks and houses with ‘our’ money. He had no trouble warning us about WMDs and TARP why encourage us to get in deeper?. Oh, did I say ‘our’ money???, Excuse, it was borrowed money from foreigners not ours. Once that money got cut off, boom!

Democrats had good reason to screw up the economy to give them two elections. Our problem is we had a fool in the White House who played into their hands, taking credit for a booming economy just before a huge bust.

53 posted on 03/08/2009 6:37:35 PM PDT by sickoflibs (Keynesian Eco 101 : "If you won't spend your money WE WILL, and your kid's too!")
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