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To: Soul of the South
Bush must share the blame because his Treasury Secretary allowed the banks to raid the Treasury and the entire concept of TARP was developed on his watch.

Really?

Timeline shows Bush, McCain warning Dems of financial and housing crisis; meltdown
14 posted on 10/18/2011 7:33:05 PM PDT by PA Engineer (Time to beat the swords of government tyranny into the plowshares of freedom.)
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To: PA Engineer

TARP was signed into law on October 3, 2008 by President George W. Bush. Read the book “Too Big to Fail” about the fall 2008 financial crash.

Bush may have warned about Fannie and Freddie in 2003-2004 but what did he do about it? Did he have the Republicans in Congress introduce legislation? Did he have the Justice Department investigate? Did he veto their budgets? Did he use the bully pulpit to pound the message home over weeks and months? Did he use his administrative powers?


18 posted on 10/19/2011 7:34:51 PM PDT by Soul of the South (When times are tough the tough get going.)
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To: PA Engineer

TARP was signed into law on October 3, 2008 by President George W. Bush. Read the book “Too Big to Fail” about the fall 2008 financial crash.

Bush may have warned about Fannie and Freddie in 2003-2004 but what did he do about it? Did he have the Republicans in Congress introduce legislation? Did he have the Justice Department investigate? Did he veto their budgets? Did he use the bully pulpit to pound the message home over weeks and months? Did he use his administrative powers?


19 posted on 10/19/2011 7:36:55 PM PDT by Soul of the South (When times are tough the tough get going.)
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