Makes me sad that so many conservatives play along with this.
Bush made a good conservative market correction to a massive govt driven housing bubble that would have done far more damage.
Giving the dems ALL of the congress in 2007 was part of teaching bush a conservative lesson.
Well?
It was all massive leftist statist leverage to tank the economy for the election in 2008. Bush fought it well while retaining conservative fiscal principals.
GSEs messed it up. That’s not free market. Bush wanted more regulation.
Now dems and republicans admit GSEs are bad. Conservatives agree with Obama and other leftists that its bush’s fault. It’s ridiculous.
Ever wonder why Texas didn’t experience the housing bubble like calif and Florida?
I am happy to be corrected if I am wrong. Walk me through this. Can you include links and facts that support your supposition? Thanks in advance.
Bush meant well, but he was right there with the Dems pushing more no-money-down, government-guaranteed home loans to poor credit risks. And he was a big spender—not really one for conservative financial principles.