Thanks for the link.
This video was created by the Bush administration itself (read: Karl Rove) as a form of damage control in an attempt to deflect blame for the economic meltdown off Bush and onto the Democrats.
Naturally, there is no mention of Bush's actions during his first term which actually caused the meltdown, such as those detailed on my FR home page. (P4P agreement and NATF) Other items not mentioned are his loosening US banking laws, such as allowing US banks to accept phony Matricula Consular card and ITIN to open a US bank account and obtain business, home, auto loans and US credit cards.
Prior to Bush, this was not possible because banks were prohibited by law to serve illegal aliens because the illegal aliens could not produce legal identification, which would be a US driver's license or their home country's passport with resident visa.
The video tries to blame Clinton for the creation of the Community Reinvestment Act (CRA), but the video neglects to mention that Bush changed this law so that banks that served the 'minority' market via remittances, i.e.: Mexican illegal aliens sending money home to Mexico, would receive the same CRA credits they would have previously only gotten if they had given home loans to low-income, US minorities.
The real estate bubble wasn't supposed to blow-up on Bush's watch. But, Bush's banker buddies got too greedy and it blew up during Bush's last year in office instead of after Obama took office.
As far as the documented and undocumented immigrants and such goes I know very little of all of this — I’m a Canadian — and you may very well have a point in Bush being too sympathetic to illegals in different ways (including financial). He did try to push through some immigration reform (amnesty) that wasn’t too popular.
There is no such thing as 'undocumented immigrant'. The term is a political euphemism for 'illegal alien'. FWIW, the term used in all US immigration laws is 'illegal alien'. The legal term for a 'documented immigrant' is 'resident alien'.
Bush was sympathetic to illegal aliens only insofar as they were an untapped source of income for his true constituents, the Wall Street bankers. Never forget that Bush comes from a long line of Wall Street bankers and it is with them that his true loyalty lays.
This was the underlying purpose behind the Partnership for Prosperity Agreement (with Mexico), New Alliance Task Force and the $700 billion bail-out.
“This video was created by the Bush administration itself (read: Karl Rove) as a form of damage control in an attempt to deflect blame for the economic meltdown off Bush and onto the Democrats.”
But wouldn’t you agree that the Democrats where in part responsible? I can’t help but think of Barney Franks getting caught with his pants down on O’Reilly saying that everything is fine with FM & FM. Democrats had the majority since 06 and it seems you can’t exclude them. I also say this because the I also saw another video tracing the problem all the way back to Carter. It seems like it was evolving over time with everybody contributing.