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I don’t think he is blaming W for the mortgage debacle. BUT, his response to it made a horrible situation worse. Plus, Bush spent like a drunken Marxist, which led to the disillusionment which helped bring us Chairman Maobama. Bob

RE :”What’s your excuse for not knowing the source of the financial disasters?”

You mean bad home loans?

Bush home Ownership links for minorities with bad credit:

Bush pushes minority homeownership (FR post | June 15, 2002 | By KATHY A. GAMBRELL)

Bush seeks to increase minority homeownership (FR post USA Today ^ | 1-20-04 | Thomas Fogarty )

President Bush Mortgage Speech 2002(Helping those w bad credit buy houses)

Speaker Hastert Touts Law Closing the Homeownership Gap for Minorities (FR Post Wednesday, October 01, 2003 )

Fact Sheet: Expanding Homeownership Opportunities for All Americans (December 16, 2003 American Dream Downpayment Act of 2003)

Compassional conservative was proved to be a huge failure under Bush as all those minorities voted Democrat by 2008 after they lost all those homes promoted above.

Full text of 2007 State of the Union speech :”We are now in the 41st month of uninterrupted job growth — a recovery that has created 7.2 million new jobs ... so far.”