[kitkat]

You omit the fact that Bush tried fourteen times to get Congress to put oversight on Fanny and Freddy. He was aware that the sub prime mortgages were harming the purchasers and the country. Congress refused.

[Notary Sojac]

Bush could have made it clear, starting in 2005 or 2006, that institutions holding bad mortgage paper, no matter how big, were operating 100% at their own risk. This would have required no congressional action at all.

Instead, he signed the Paulson-Pelosi bailout.