My post above was in response to dozens of articles like yours here on FR with the theme that “Democrats were solely at fault and Bush tried endlessly to fight off their attempts to loosen lending standards but lost”. Many of these Bush defense themes were BEFORE the election that didnt sell for good reason. So you have shown me nothing new, obviously dems wanted easy standards. they had NOTHING to lose. BUT BUSH DID!
The point was not that Bush was the sole cause of the problem as you claim. My point was clearly proved by my post and many replies that Bush promoted loans to minorities with bad credit and bragged about it as an major accomplishment..
Check out this 2007 Mark Levin fictional prediction of Bush bragging after leaving office. Levin clearly thought that this would be a plus in 2007 when Bush was bragging about it.
“Lets start local. Youve been sold a bill of goods by politicians and the news media. Polls show that the majority of you think the economy is in the tank. And thats despite record numbers of homeowners including record numbers of MINORITY homeowners. And while were mentioning minorities, Ill point out that minority business ownership is at an all-time high. Our unemployment rate is as low as it ever was during the Clinton Administration. Ive mentioned all those things before, but it doesnt seem to have sunk in. “Mark Levin 2007 Flashback ("Tired of you people not doing your homework"
My weeping was over when Bush left office. About 3-4 years.