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To: myknowledge

part of the problem with the dollar
is that interest rates are near zero, with that said.

Bush policies are the problem, not President Peaceful’s.

2 wars that Bush did not end.
Bush dereliction of duty —> the sub-prime mortgage disaster.
Bush dereliction of duty —> other Wall Street disasters
.................................

if Bush did anything to help out during the
4 buck gasoline era, please enlighten me.


27 posted on 10/13/2009 1:28:32 AM PDT by element92
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To: All
Obama's political enemies, such as Sarah Palin, are using the dollar's distress against him. But serious people are troubled. ...

And the party of Sarah Palin and George Bush, of course, was responsible for the deterioration in the US budget over the preceding eight years.

My, my! Two gratuitous digs at Palin in the article. Palin Derangement Syndrom extends across the Pacific to far off Sydney and Peter Hartcher.

30 posted on 10/13/2009 1:57:45 AM PDT by Spartan79
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To: element92
if Bush did anything to help out during the 4 buck gasoline era, please enlighten me.

You seem to imply that Bush was dictating the economic policy. If you check the Constitution, for what it's worth these days, it puts most of that on Congress. Crude prices doubled in approximately a year after the 2007 dem take over. Bush was for projects like ANWAR, etc. GWB did a lot of things I couldn't stand but blaming that on him is false.

The subprime mess was created by congress. The term 'subprime' itself means less qualified borrowers. Congress mandated that these borrowers be accomodated through the Community Reinvestment act and similar such measures.

The Wall Street mess is part his fault though. At this point it's more like him turning on a spigot and obama taking a sledgehammer to the pipe.
32 posted on 10/13/2009 2:53:27 AM PDT by allmost
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To: element92

“If Bush did anything to help out during the 4 buck gasoline era, please enlighten me.”

Well, dontcha know it’s all Mr. Bush’s fault. It’s the fault of evil Republicans. It’s all the fault of capitalism. It’s the fault of greed, of a lack of social justice and a lack of regard for the environment.

It has nothing to do with the hate for oil companies and oil and oil profits, and distaste for good lending practices by DEmocrats.

IMHO


41 posted on 10/13/2009 4:10:20 AM PDT by ripley
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