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Lest we forget who initiated....sm

Posted: Apr 20, 2010

the Wall Street bailouts....

Under former President George W. Bush, USD 700 billion of taxpayer money was allocated in form of Troubled Asset Relief Program to save banks and automakers.

;

And a hush falls over the crowd. This is one fact that they cant deny. - Yes indeedy nm

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nm

That would be Clinton....... - do your homework....nm

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xx

Was Clinton the POTUS in September/October 2008? nm - nosa

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What would you know about homework? You dont even know - where ESA and TARP came from. nm

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nm

clinton doesn't seem to blame republicans for his - choices.....sm

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Bill Clinton (Sept. 24): Indeed, one of the things that has helped stabilize the current situation as much as it has is the purchase of Merrill Lynch by Bank of America, which was much smoother than it would have been if I hadn't signed that bill. ...You know, Phil Gramm and I disagreed on a lot of things, but he can't possibly be wrong about everything. On the Glass-Steagall thing, like I said, if you could demonstrate to me that it was a mistake, I'd be glad to look at the evidence. But I can't blame [the Republicans]. This wasn't something they forced me into.

sorry you forgot about Frank, Dodd, fannie and freddie... - remember who pushed those?

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They forced banks to do these underhand dealings, which got us in this mess.....

So you have nothing to add about where the BAILOUTS - came from?

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Of course not.

I'm more concerned as to WHY they were necessary - in the first place....the end!

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**

W bailouts x2 sure seem to make you squirm. - Sure puts a damper on those O bailout slams, huh?

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How to deflate a hot air balloon: Insert a pinhead's worth of truth.

So if BC policies were the root of all evil, why then did the shrub not recognize that and take the appropriate measures to reverse them? Eight years should have been plenty of time, even for a Prez who was so obviously challenged by all things economic.

Are you really that out of the loop? - sm

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You've got your nose so out of joint with that O love fest, you can't even think for yourself. Take that rose-colored glasses off and think! I didn't care much for Bush then and still don't, and I don't care for O either. They're both just big govt without a care in the world for what they've done.

Obama will do like his followers....always blame someone else for his garbage. Nothing new in govt.

Bush should have done just what O should have done....let those fail that fail and other stronger businesses would have come in and bought out any good loans/deals to buy out, just like businesses always do. Obama pushed that fear thing to the edge so he could bail out MORE AND MORE AND MORE! WHy?

Because when his sorry backside is out of office, he stands to make a bundle with the deals he's already made. Gotta keep those big businesses happy so they can bread yo better later on.

Above poster was right.....voters have become so stupid and blind, they should have to take a test in order to vote! Ignorance just abounds in this country. It's gotten to the point the voter is so party-line stuck, they need reminding the word GOVERNMENT shouldn't be what they hear everyday if the govt was actually doing what they should be doing in the first place..... SMALL and quiet!!

I really thought you would be able to get this one....they - came from MY tax dollars, dear.... sm

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Or did you think they came from Obama's stash? LOL!!!

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