I'm still happy to be an American
( I knew enough to capitalize American)
Clinton had nothing do with the failing economy?
neither did?
James A Johnson
Franklin Raines
Barney Frank
Herb Moses
If these names do not ring than you have no clue about our economy!
In 1999, Fannie Mae came under pressure from the
Clinton administration to expand mortgage loans to low and moderate income borrowers. At the same time, institutions in the primary mortgage market pressed Fannie Mae to ease credit requirements on the mortgages it was willing to purchase, enabling them to make loans to subprime borrowers at interest rates higher than conventional loans.
this did wonders for the economy! Wonder why there are so many foreclosures now?
In 2003, the Bush administration recommended significant regul
atory overhaul of Fannie Mae and Freddie Mac. However, the Democrats opposed that proposal, fearing that tighter regulation could sharply reduce financing for low-income housing, both low and high risk. Under immense lobbying pressure from Fannie Mae in association with Congressional Democrats led by Rep. Barney Frank.
BUSH had a secret weather machine that created Hurricane Katrina in 2005
so he's to blame for this too.....:shhh:
The storm interrupted oil production, importation, and refining in the Gulf area, thus having a major effect on fuel prices. Before the storm, one-tenth of all the
crude oil consumed in the United States and almost half of the gasoline produced in the country came from refineries in the states along the Gulf's shores. An additional 24% of the
natural gas supply is extracted or imported in the region. Furthermore, the nation's
Strategic Petroleum Reserve is also stored in this region.
2 wars?? if my memory serves me correctly we entered Afghanistan to hunt out terrorists after we were attacked on 9/11.
DO you really think capturing Osama Bin Laden would have ended the war on terrorism? All that would have done is elevate his status as a martyr and inspire more allegiance to his cause
as far as the war in Iraq
the house approved the move towards war 296-133
yes Democrats approved the action too! now you can tell me Bush lied to them about WOFMD (sorry I should have explained it weapons of mass destruction, sorry) Oh the mass graves found we fake.....
you might want to read this too...
http://www.fpif.org/fpiftxt/4278
basiclly it outlines the democrat support of unconditional funding for the war.
But I like this part the best...
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Fiscal Implications
The decision by the Democratic leadership of both houses and the majority of Democratic senators to vote for unconditional funding for the war is also a reflection of the majority party?s spending priorities. There is no Democratic proposal for a $100 billion supplemental spending bill for health care. There is no Democratic proposal for a $100 billion supplemental spending bill for education. There is no Democratic proposal for a $100 billion supplemental spending bill for environmental protection.
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Look if you are going to make statements, make sure you know what you are talking about and can back them up.
