The Fall of America, Inc.

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  • Posted By: NoSocialistAmerica @ 10/05/2008 8:09:52 AM

    (1) Bill Clinton and his fellow Democrats had a great deal to do with the current financial situation. In 1999 the NY Times published an article in which they detailed precisely how Clinton himself urged Fannie Mae to pursue loans for people who really did not qualify for the loans. Barney Frank, Chuck Schumer and other Democrats stated they thought that was just a peachy idea and saw nothing shaky at all about Fannie/Freddie. George Bush tried a number of times to do something to correct the growing problem, but Democrats wanted no part of that. John McCain attempted in 2005 to introduce legislation to do something about it, but again Democrats wanted no part of that. You people can think what you will, but you had better take a look at how the welfare state and slide into socialism is responsible for situations such as this. The Democrat Party is attempting to convince you that socialism is the answer, because they are buying your vote with govt. handouts. That is nothing more than a BRIBE. You vote for them, because they promise you FREEBIES.

    (2) The mainstream media does not report all the news to the American people. It is biased in favor of liberalism and is blatantly helping the Obama campaign. If you are a liberal and are getting your news from the MSM, be advised you are getting only a slanted, partial story. I listen to both sides and know this to be a fact. It is nowhere more evident than this election cycle, which is the most blatant and disgusting example of MSM bias in history.

    (3) America is not a socialist state. If you want socialism, please go to Europe where there is plenty of it. Stop trying to steal my country. The answer to the current problem is not a continued slide into socialism, since a socialist mentality is part of the problem to begin with. Making loans to people who cannot afford them, WITH ENCOURAGEMENT FROM UNCLE SAM TO DO SO, is nothing but disguised welfare.

    (4) The extreme of total deregulation on one hand, and the other extreme of a socialist state on the other, are not the answer. Both are EXTREMES. You say you think deregulation has not worked, so you wish to go to the opposite extreme of sociailsm. No, no, no. How about some common sense and balance, please.

    • Posted By: dctackett @ 10/06/2008 3:02:40 PM

      stop repeating the faux conservative talking points... turn off faux news, do some research and think for yourself...

  • Posted By: lido @ 10/05/2008 9:16:45 AM

    The current crisis is rooted in social engineering. It began with Jimmy Carter's Community Reinvestment Act (1977) which forced banks to lower their standards and give loans to low income families. In 1994 the Clinton Administration expanded it even further. For a more detailed explanation look here: [www.youtube.com]
    and here: [www.youtube.com]

    The housing/banking crisis is not the result of free market principles, it is the result of social engineering - good intentions with unintended consequences.

    • Posted By: dctackett @ 10/06/2008 3:00:48 PM

      so the republican deregulation of the markets, allowing the types of activities which caused this problem are not to blame?... go ahead and point the finger at the other side and say "they helped poor people get homes, it's their fault"... turn of faux news, do some research and think for yourself.

  • Posted By: lovejusticepeace @ 10/06/2008 11:58:53 AM

    Why is there no mention of the challenge some posed to the USA , saying they would bankrupt USA .
    Do Saudi Arabia, U.A.E. and Pakistan have an hidden agenda ?
    Is this an unwinnable war ?
    The present turmoil is because of the huge amount spent on a fruitless war .
    Is someone trying to slowly bleed USA ?
    Or is it a Republican ploy to rule forever ?

    • Posted By: dctackett @ 10/06/2008 2:39:53 PM

      aren't the conservatives the ones who want to destroy government, yet rule the country... they've been all about running up the countries debt, handing that out to their friends and associates and pushing our country into war... billions unaccounted for... billions in no-bid contracts... thousands of crony appointees without experiences destroying every agency of the government... and now they want to pull what they pulled in Argentina, bailout the biggies and leave everyone else as a poor, desperate peasant willing to follow without knowledge or reason.

  • Posted By: Jack Repenning @ 10/06/2008 2:21:40 PM

    How 'bout we work on restoring the American economy, society, and civitas, and let other countries decide for themselves whether our "brand" is worth adopting?

  • Posted By: Kathurman @ 10/06/2008 1:55:07 PM

    Brilliant and painstakingly well thought out. Thanks for lending your expertise.

  • Posted By: AguilarJ @ 10/06/2008 1:21:28 PM

    Francis Fukuyama, you should be tried as a war criminal for how you and the rest of your neocon filth have tried to destroy this country and its good image. How dare Newsweek let you speak, let you print, when you are nothing but garbage. May you live with the blood of our troops on your hands, you degenerate.

    • Posted By: Auntie Sissy @ 10/06/2008 1:35:58 PM

      Wrong .........it is a certain group of people - the Joe six-packs --who have ruined the image of this country with their ignorance and narrowmindedness.

    • Posted By: Auntie Sissy @ 10/06/2008 1:28:56 PM

      wow that was truly profound,,,,...is that you joe six-pack???

  • Posted By: Nowforthetruth @ 10/06/2008 12:15:56 PM

    Obama is getting a bump out of this because people are not being reminded of the whole history where the economy is concerned, and who did what when. Call it bias by omission. The media simply says that the economy is Obamas strong issue, but never discusses the facts in detail. Further, who had a majority when is rarely relevant. If the simplistic Party In Power model were true, then the Democrats would not have needed the House Republicans when they tried to pass the bailout bill, as Democrats have the majority in both houses and there is no threat of a veto. In theory, they do not need the Republicans to vote at all. In fact, something like twelve (12) Democrats from Barney Franks own banking committee voted against the bill. Obviously, it is not so simple and the media does the voter a disservice by doing little more than reinforcing the error. A similar argument would be to say that the economy appeared to be doing fine until the Democrats took over control of Congress and the power of the purse, then it tanked. As an aside, the media also misleads regarding the Clinton economy when they fail to mention that it also ended in a recession, requiring the first round of Bush stimulus checks immediately after he took office..

    Do Obama and the Democrats deserve a lift in the polls as a result of the financial and mortgage problems? The answer from history is a clear NO. Here's the lead of a New York Times story on September 30, 1999: Fannie Mae Eases Credit To Aid Mortgage Lending [link below]. That's 1999 folks. Clinton Administration, I believe.

    Here's the lead of a New York Times story on Sept. 11, 2003: The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago. [see link below] The Democrats killed it.

    McCain said in co-sponsoring the Federal Housing Enterprise Regulatory Reform Act of 2005, S. 190: If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system and the economy as a whole. The Democrats killed it.

    And what was Barney Frank and fellow Democrats saying at the time of these attempted reforms? According to reports, Representative Barney Frank(D-MA) claimed of the thrifts "These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis, the more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing." Representative Mel Watt (D-NC) added of the reforms "I don't see much other than a shell game going on here, moving something from one agency to another and in the process weakening the bargaining power of poorer families and their ability to get affordable housing." [ See Community Reinvestment Act, link below w/ history]

  • Posted By: Nowforthetruth @ 10/06/2008 12:15:43 PM



    The link below contains a purported list of the top 25 in Congress who got contributions from the folks at Fannie and Freddie. Obama is listed third, after Dodd and Kerry, even though Obama is just a junior Senator. Obama is followed next by Clinton. Barney Frank and Nancy Pelosi are on the list as well.

    http://www.investors.com/editorial/IBDArticles.asp?artsec=16&artnum=1&issue=20080918

    For an interesting article purporting to detail the House Financial Services Committee Chairs long history with Fannie Mae, See http://www.businessandmedia.org/printer/2008/20080924145932.aspx

    "House Financial Services Committee Chair promoted GSEs while former 'spouse' was Fannie Mae executive."

    The last link below describes how some in Congress tried to use the original version of the bailout bill to divert money eventually recovered to groups like ACORN. See:

    http://www.investors.com/editorial/IBDArticles.asp?artsec=16&artnum=1&issue=20080918

    http://en.wikipedia.org/wiki/Community_Reinvestment_Act

    http://article.nationalreview.com/print/?q=M2QwNDhkZTg2OGYzZjkzM2E2NDEwM2U5OGVkNTc0YzU=

    http://query.nytimes.com/gst/fullpage.html?res=9E06E3D6123BF932A2575AC0A9659C8B63

    http://query.nytimes.com/gst/fullpage.html?res=9C0DE7DB153EF933A0575AC0A96F958260

    http://www.businessandmedia.org/printer/2008/20080924145932.aspx
    http://www.investors.com/editorial/IBDArticles.asp?artsec=16&artnum=1&issue=20080926

    http://online.wsj.com/article/SB122247015469280723.html?mod=googlenews_wsj

  • Posted By: Nowforthetruth @ 10/06/2008 12:11:27 PM

    The link below contains a purported list of the top 25 in Congress who got contributions from the folks at Fannie and Freddie. Obama is listed third, after Dodd and Kerry, even though Obama is just a junior Senator. Obama is followed next by Clinton. Barney Frank and Nancy Pelosi are on the list as well.

    http://www.investors.com/editorial/IBDArticles.asp?artsec=16&artnum=1&issue=20080918

    For an interesting article purporting to detail the House Financial Services Committee Chairs long history with Fannie Mae, See http://www.businessandmedia.org/printer/2008/20080924145932.aspx

    "House Financial Services Committee Chair promoted GSEs while former 'spouse' was Fannie Mae executive."

  • Posted By: tdn0024 @ 10/06/2008 12:08:13 PM

    The middle 80% of America agrees with this article.

    A big problem is the noisy 10% on either side. Limbaugh and Palin say anyone who supports any decent, but limited government, is socialist. The Ralph Naderites were so sure that Gore equalled Bush they let Bush win.

    It would be healthy to see America move to 4 or 5 big parties. With the middle two kicking out the Limbuagh's and Moore's, and managing from a position of moderate government and strong private sector.

  • Posted By: desertclair @ 10/06/2008 11:39:30 AM

    Great article! Out-dated Republican ideology, for the most part, got us into this mess, and Republicans need to take responsibility for it and stop blaming liberals and Clinton for everything.

  • Posted By: rockhard @ 10/06/2008 11:38:23 AM

    > Russia's Aug. 7 invasion of Georgia
    Do you follow current events at all? STOP REPEATING THIS LIE.

  • Posted By: rockhard @ 10/06/2008 11:36:11 AM

    > Russia's Aug. 7 invasion of Georgia
    Do you follow current events at all? STOP REAPETING THIS LIE.

  • Posted By: dpweber @ 10/06/2008 11:29:16 AM

    Check me if I'm wrong here, but I could have sworn that history ended sixteen years ago. Right Francis? The Soviet Union had fallen, and so nothing would ever challenge liberal democracy again; clearly, we were living in the best of all possible worlds.

    A question to Mr. Fukuyama: how have you managed to remain tenured? Doesn't the fact that you're writing this article obviate the thesis of your best-selling work? And where do you get the balls to write this piece and never once say, "Y'know what? I was wrong...really, really, really wrong." Just asking.

  • Posted By: Democrat-Hillary @ 10/06/2008 11:18:22 AM

    Republican need to start facing their responsibilities. I have heard blaming Clinton, blaming Frank etc...well the President is Bush!!! A republican, he had 6 years of everything. They have done whatever they have wanted, from Irak, Guantanamo, privacy rights, judges and now poor Bush could not have stop it because........what a poor excuse!
    If Bush has the guts and wants to do something he surely can find the proof (even fabricate them when convenient) and make the case to the American people, that s why YOU guys electing him.
    He just had to go in front of the cameras (FREE!!!) and tell the American people, here is the problem, needs to be solved now and.....Frank does not let me (poor thing), so call your senator and congressman and bombard them with support for this or that...Simple no!...He just did it for the 700 billions for Wall street...so he knows....He sent Collin Powell to the UN for similar purpose, to make his case... SO.......
    STOP! The bus stops at the presidency, point! He appointed Paulson and the rest and all were saying the Economy is strong. Even McCain kept repeating the same and voted with Bush over 90% of the time and supported de-regulations ALL HIS LIFE!!!! Remember Keating five? Where was the lesson? If McCain did not learned the lesson then, how can you be sure he is going to learn it now? Bollini!!!!
    We are not that stupid, VOTE OBAMA/BIDEN!!!!!!!!!!!!!!!!!!!

  • Posted By: Nowforthetruth @ 10/05/2008 7:27:51 PM


    The link below contains a purported list of the top 25 in Congress who got contributions from the folks at Fannie and Freddie. Obama is listed third, after Dodd and Kerry, even though Obama is just a junior Senator. Obama is followed next by Clinton. Barney Frank and Nancy Pelosi are on the list as well.

    http://www.investors.com/editorial/IBDArticles.asp?artsec=16&artnum=1&issue=20080918


    For an interesting article purporting to detail the House Financial Services Committee Chairs long history with Fannie Mae, See http://www.businessandmedia.org/printer/2008/20080924145932.aspx

    "House Financial Services Committee Chair promoted GSEs while former 'spouse' was Fannie Mae executive."

    The last link below describes how some in Congress tried to use the original version of the bailout bill to divert money eventually recovered to groups like ACORN. See:

    http://www.investors.com/editorial/IBDArticles.asp?artsec=16&artnum=1&issue=20080918

    http://en.wikipedia.org/wiki/Community_Reinvestment_Act

    http://article.nationalreview.com/print/?q=M2QwNDhkZTg2OGYzZjkzM2E2NDEwM2U5OGVkNTc0YzU=

    http://query.nytimes.com/gst/fullpage.html?res=9E06E3D6123BF932A2575AC0A9659C8B63

    http://query.nytimes.com/gst/fullpage.html?res=9C0DE7DB153EF933A0575AC0A96F958260

    http://www.businessandmedia.org/printer/2008/20080924145932.aspx
    http://www.investors.com/editorial/IBDArticles.asp?artsec=16&artnum=1&issue=20080926

    http://online.wsj.com/article/SB122247015469280723.html?mod=googlenews_wsj

    • Posted By: Democrat-Hillary @ 10/06/2008 11:13:57 AM

      Republican need to start facing their responsibilities. I have heard blaming Clinton, blaming Frank etc...well the President is Bush!!! A republican, he had 6 years of everything. They have done whatever they have wanted, from Irak, Guantanamo, privacy rights, judges and now poor Bush could not have stop it because........what a poor excuse!
      If Bush has the guts and wants to do something he surely can find the proof (even fabricate them when convenient) and make the case to the American people, that s why YOU guys electing him.
      He just had to go in front of the cameras (FREE!!!) and tell the American people, here is the problem, needs to be solved now and.....Frank does not let me (poor thing), so call your senator and congressman and bombard them with support for this or that...Simple no!...He just did it for the 700 billions for Wall street...so he knows....He sent Collin Powell to the UN for similar purpose, to make his case... SO.......
      STOP! The bus stops at the presidency, point! He appointed Paulson and the rest and all were saying the Economy is strong. Even McCain kept repeating the same and voted with Bush over 90% of the time and supported de-regulations ALL HIS LIFE!!!! Remember Keating five? Where was the lesson? If McCain did not learned the lesson then, how can you be sure he is going to learn it now? Bollini!!!!
      We are not that stupid, VOTE OBAMA/BIDEN!!!!!!!!!!!!!!!!!!!

  • Posted By: davelnaf @ 10/05/2008 9:35:56 PM

    Mr. Kukuyama leaves out one important point: an attempt some years ago to bring Fannie Mae under tighter control was sabotaged by Barney Frank and other Democrats. Blaming it on Reagan shows how badly Mr. The End of History gets it wrong again. This guy could only write for Newsweek.

    • Posted By: Democrat-Hillary @ 10/06/2008 11:13:14 AM

      Republican need to start facing their responsibilities. I have heard blaming Clinton, blaming Frank etc...well the President is Bush!!! A republican, he had 6 years of everything. They have done whatever they have wanted, from Irak, Guantanamo, privacy rights, judges and now poor Bush could not have stop it because........what a poor excuse!
      If Bush has the guts and wants to do something he surely can find the proof (even fabricate them when convenient) and make the case to the American people, that s why YOU guys electing him.
      He just had to go in front of the cameras (FREE!!!) and tell the American people, here is the problem, needs to be solved now and.....Frank does not let me (poor thing), so call your senator and congressman and bombard them with support for this or that...Simple no!...He just did it for the 700 billions for Wall street...so he knows....He sent Collin Powell to the UN for similar purpose, to make his case... SO.......
      STOP! The bus stops at the presidency, point! He appointed Paulson and the rest and all were saying the Economy is strong. Even McCain kept repeating the same and voted with Bush over 90% of the time and supported de-regulations ALL HIS LIFE!!!! Remember Keating five? Where was the lesson? If McCain did not learned the lesson then, how can you be sure he is going to learn it now? Bollini!!!!
      We are not that stupid, VOTE OBAMA/BIDEN!!!!!!!!!!!!!!!!!!!

    • Posted By: Democrat-Hillary @ 10/06/2008 10:33:08 AM

      The problem were the greedy ones, please read!:

      Below is an excerpt from the Federal Reserve Board study of the impact of CRA loans which constituted approximately 10% of the loans of participating CRA approved banks.
      ________________________________________
      Title: Survey of the Performance and Profitability of CRA-Related Lending :

      Section 713 of the Gramm-Leach-Bliley Act of 1999 (Public Law 106-102) directs the Board of Governors of the Federal Reserve System to study and report to the Congress on the default rates, delinquency rates, and profitability of lending activities undertaken in conformance with the Community Reinvestment Act of 1977 (CRA). The Board was directed to make the report and supporting data available to the public.
      The Board asked the 500 largest retail banking organizations to voluntarily complete a comprehensive survey focusing on their CRA-related lending activities and prepared a report summarizing survey responses. (updated Sept 2002)
      Summary:

      Whether measured on a per institution or per CRA dollar basis, virtually all banking
      institutions providing responses, regardless of asset-size category, report that their CRA-related small business lending is either profitable or marginally profitable (figures 5 and 6). In addition, most respondents report that the profitability of CRA-related and other small business lending is about the same. There is also relatively little evidence that performance differs systematically between CRA-related and overall small business lending.

      http://www.federalreserve.gov/boarddocs/surveys/craloansurvey/

      With deregulation the subprime lenders descended on minority communities like locusts charging a combination of origination and overage fees totaling as high as 15% of the loan amounts ??? legalized rape ??? when compared with traditional fees of 1 ??? 1.25%.

      Minorities seeking a better life for their children away from gang violence, drugs, bad schools, etc. were easy targets.

      The Cheney/Bush administration simply put the foxes in charge of the chickenhouses and then went on vacation for 8 years.

      The Federal Reserve study concludes that lenders who followed traditional guidelines for lending in these markets did not have a problem.




    • Posted By: GD Independent @ 10/05/2008 10:16:25 PM

      Another convenient ommision is that the housing bubble, which got this current mess going, was pushed early in the 90's when Fannie and Freddie were pressured to allow low income and other folks who normally would not have qualitied (sub-prime) to get home loans. The pressure came from the Clinton Administration and Democrats. The credit bubble is worse than the .com, housing and other previous melt downs we've endured because our economy has been largely based on credit, not exports as some other countries have wisely chosen.

  • Posted By: Nowforthetruth @ 10/05/2008 7:28:01 PM

    Obama is getting a bump out of this because people are not being reminded of the whole history where the economy is concerned, and who did what when. Call it bias by omission. The media simply says that the economy is Obamas strong issue, but never discusses the facts in detail. Further, who had a majority when is rarely relevant. If the simplistic Party In Power model were true, then the Democrats would not have needed the House Republicans when they tried to pass the bailout bill, as Democrats have the majority in both houses and there is no threat of a veto. In theory, they do not need the Republicans to vote at all. In fact, something like twelve (12) Democrats from Barney Franks own banking committee voted against the bill. Obviously, it is not so simple and the media does the voter a disservice by doing little more than reinforcing the error. A similar argument would be to say that the economy appeared to be doing fine until the Democrats took over control of Congress and the power of the purse, then it tanked. As an aside, the media also misleads regarding the Clinton economy when they fail to mention that it also ended in a recession, requiring the first round of Bush stimulus checks immediately after he took office..

    Do Obama and the Democrats deserve a lift in the polls as a result of the financial and mortgage problems? The answer from history is a clear NO. Here's the lead of a New York Times story on September 30, 1999: Fannie Mae Eases Credit To Aid Mortgage Lending [link below]. That's 1999 folks. Clinton Administration, I believe.

    Here's the lead of a New York Times story on Sept. 11, 2003: The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago. [see link below] The Democrats killed it.

    McCain said in co-sponsoring the Federal Housing Enterprise Regulatory Reform Act of 2005, S. 190: "If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system and the economy as a whole. " The Democrats killed it.

    What was Barney Frank and fellow Democrats saying at the time of these attempted reforms? According to reports, Representative Barney Frank(D-MA) claimed of the thrifts "These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis, the more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing." Representative Mel Watt (D-NC) added of the reforms "I don't see much other than a shell game going on here, moving something from one agency to another and in the process weakening the bargaining power of poorer families and their ability to get affordable housing." [ See Community Reinvestment Act, link below w/ history]

    • Posted By: Democrat-Hillary @ 10/06/2008 10:59:04 AM

      Republican need to start facing their responsibilities. I have heard blaming Clinton, blaming Frank etc...well the President is Bush!!! A republican, he had 6 years of everything. They have done whatever they have wanted, from Irak, Guantanamo, privacy rights, judges and now poor Bush could not have stop it because........what a poor excuse!
      If Bush has the guts and wants to do something he surely can find the proof (even fabricate them when convenient) and make the case to the American people, that s why YOU guys electing him.
      He just had to go in front of the cameras (FREE!!!) and tell the American people, here is the problem, needs to be solved now and.....Frank does not let me (poor thing), so call your senator and congressman and bombard them with support for this or that...Simple no!...He just did it for the 700 billions for Wall street...so he knows....He sent Collin Powell to the UN for similar purpose, to make his case... SO.......
      STOP! The bus stops at the presidency, point! He appointed Paulson and the rest and all were saying the Economy is strong. Even McCain kept repeating the same and voted with Bush over 90% of the time and supported de-regulations ALL HIS LIFE!!!! Remember Keating five? Where was the lesson? If McCain did not learned the lesson then, how can you be sure he is going to learn it now? Bollini!!!!
      We are not that stupid, VOTE OBAMA/BIDEN!!!!!!!!!!!!!!!!!!!

  • Posted By: flanker97 @ 10/06/2008 10:47:56 AM

    Sorry Democrat-Hilary a large portion of the blame resides with Clinton. You admitted that Clinton caused the problem and that Bush should have been smart enough to clean it up. Is that what we are going to do after each future president? We already know that we will have to clean up after Bush but we will not blame the future president for the mess he made. When will we ever again have the likes of Washington or Lincoln?

  • Posted By: WorriedTaxPayer @ 10/05/2008 7:51:12 PM

    So now we need to learn lessons from Cyclops? This is classic. If there are enough fools out their that believe that only one party is responsible for the mess we are in then we are bound to repeat the same mistakes over and over.

    • Posted By: Democrat-Hillary @ 10/06/2008 10:42:37 AM

      Blame Clinton!!! How convenient..... First it certainly didn???t look bad in principle at the beginning, the devil is in the details (and application). In 2000 when Bush took government he should have corrected the issue if by that time it showed was going in the wrong direction.
      When you are hire to do a job, whatever it is, CEO of a company, project manager, store manager etc. if you see if what your predecessor did or approved is not working or it is being abuse or is wrong, your duty is to rectify, that???s why you were hire. Not to look for your own interest in the oil market and let things rotten and then say it was not me!!!! What a childish excuse!!!
      Once you are in charge, you are in charge. Specially he had 8 years to see it coming, did not happened January 2001 after inauguration, in that case yes Clinton would have been the one to blame, not 8 years later....

      Please read the following posted by some one else that shows the banks that did it the right way have no problems, were the greediest one who bent the rules...the real problem.
      Bush is the president and he appointed Paulson...don???t look for blame for things 10 years ago. Paulson was saying not too long ago the economy was great, same did Bush and same did McCain.....well for them is great not for main street............

    • Posted By: Democrat-Hillary @ 10/06/2008 10:39:46 AM

      Enter Your CommentFYI republican administration have been there for 8 years, congress/senate for 6 and 8 before that, democrats only 2 years (when all of this was already done) and democrats are at fault?
      The bus stop at the presidency and this happened under his watch, be more responsible of who you helped to put in power and created this mess, Bush selected Paulson and the rest.... Please!!
      To avoid making the same mistake, look who you are voting again!

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