He focused on the WOT and let the banks and mortgages go splat. He did know about that issue.
I’ll tell you, my family’s finances sure weren’t “safe” by the end of Bush’s term. The stock market crashed big time, and homeowners were starting to be foreclosed on throughout the country. George Bush kept who safe?
Not True.
President Bush actually did try to do something about the banking and home loan industry many times but was constantly rebuffed by congress.
Don't forget - the mortgage and housing collapse was caused by congress deciding that it was discriminatory for banks to refuse mortgage loans to minorities who couldn't qualify for a standard loan and did not have the income and resources to make the loan payments.
If you care to read the facts about President Bush's efforts to address the impending crash in the mortgage industry you can start here:
http://georgewbush-whitehouse.archives.gov/news/releases/2008/10/20081009-10.html
Here’s a Bush speech audio pushing home loans for unqualified minorities just a few years prior to the housing collapse.
https://www.youtube.com/watch?v=GkAtUq0OJ68