To: sickoflibs
Back to Planet Earth:
The Bear stock market started September 2007
I recall in the spring of 2007, the Bush economics team hitting the newstalk programs and saying how sound the economy was.
I thought it strange at the time that they were harping on the soundness, as there were no rippples about a bad economy at the time.
They were trying to head off disaster and get themselves to the election so they could pass the buck -- they failed by a few months.
Two months later, the cracks started to show. Four months later, we were bombarded with several economic crises that needed 'immediate' bailouts or armageddon would happen.
My Congressman voted for the first bailout. I sent him a scathing letter that centered on the question: Where will it stop, once the bailouts start?
He responded with some hand-penned comments in agreement on his 'official' reply. As I recall, he never voted for another bailout.
Team Bush knew in the early spring of 2007 that big economy problems were about to hit.
41 posted on
05/02/2012 10:12:32 AM PDT by
TomGuy
To: TomGuy
You arrogant creep. Of course the Bush administration knew what was coming. That's why they issued "rebates" and talked up the economy hoping they could do something to stop the collapse before it wiped us out.You're Soooo smart after the fact. Your assessment of Bush's motives and tactics are the usual leftist propaganda. No thread stating the obvious positive things he did for this country goes without you Bush Trolls who swoop in to restate the Carville vomit points.
65 posted on
05/02/2012 1:45:53 PM PDT by
Deb
(Beat him, strip him and bring him to my tent!)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson