What would the Republicans do differently to prevent Bush's Great Recession?
"Bush legislation that attempted to head off the risky mortgage practices in 2005."
-that's funny. Bush introduced the No Doc loan, and was head of FHA and the SEC. The Republicans pretty much ruled congress from 1996 to 2007.
- Anonymous8 years agoFavorite Answer
They weren't thinking about the damage it would cause. The die was cast when he entered the White House...True Story.
- Weasel McWeaselLv 78 years ago
Maybe run someone even STUPIDER than Palin, so they could be ASSURED they would have a democrat in the White House to blame the 8 years of dismal failure of Bush on.
Turned out, Palin did just fine.
But now, they are worried about having to come up with real answers themselves, so now they are running Michele Buchmann.......to ensure they can keep kicking Obama for 4 more years.
It's an ingenious strategy.......keep pummeling Obama for 5 more years, so by 2016.........the country MIGHT actually forget Bush, and elect a Republican again.
It's just crazy enough to work! Hats off to them for finding some stupider than Palin. !
That could NOT have been EASY!
- IcoulatorLv 78 years ago
Answer: They should have prevented Clinton from expanding the Community Reinvestment Act. Which put individuals who could not pay their mortgages into homes -- with the hope that such would encourage responsibility. It did not work. The failed mortgages were bundles as securities by Fannie and Freddie and then sold. The New York Times (hardly a moderate or politically right news source) had an excellent series of articles on this mega-failure which in tern lead to the Wall Street financial collapse.
"Fannie and Freddie, in fact, were the triggers for the entire financial crisis — the tools politicians used to execute a policy based on lending money to people who couldn't afford to pay it back."
To the clown who continues to ID my posts as violations of community guidelines. Grow up already. You have to expect that there will be those who disagree with your opinions. Such does not mean that the posting is a violation of the guidelines. To censor those with whom you disagree with is beyond petty.Source(s): http://pajamasmedia.com/eddriscoll/2011/08/18/the-... http://www.investors.com/NewsAndAnalysis/Article/5...
- PaulLv 68 years ago
Get this through your head. Bush's spending is NOT a Conservative policy. Obama's spending in 2 years topped trillions in an already overbooked budget. Throwing money at a problem is the solution of a manage that has no clue as to how to solve a problem. People with direct knowledge can solve problems with surgical precise solutions that cost 1/1000 of a politicians solutions.Political spending is outrageous, doesn't solve anything and costs everyone unnecessary tax money.
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- daSVgrouchLv 78 years ago
Too bad the junior Senator from Illinois filibustered against the Bush legislation that attempted to head off the risky mortgage practices in 2005.
I heard that the Senator moved in January 2009 to the White House. Oh, and I don't think he is a Republican, he just made sure our country went down the drain - hasn't done much since to fix it, either.
- 8 years ago
They won't. No democrat or republican cares about the people. They're just figureheads paid for by the contributors of their campaign and a select group of the worlds richest and most powerful
- Dave87gnLv 78 years ago
More tax cuts for the rich, and even less regulations...that's pretty much the only ideas they have
- 8 years ago
Let me think...........NOTHING!