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Politics : Formerly About Advanced Micro Devices
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FJB
To: puborectalis who wrote (824578)12/21/2014 11:50:00 PM
From: i-node1 Recommendation  Read Replies (1) of 1578652
 
>> While the economic backslide may have seemed to indicate that the America public was less than confident in their newly elected leader, the dip was instead widely credited to continued lack of confidence in the failing economy left behind by the previous administration.

Yes, it was -- by those who are clueless.

It is, after all, easy to blame the guy that just left. But it isn't reality. While Bush may share some blame, the essence of the problem began when Clinton essentially mandated that loans would be made to people who could never hope to pay them back. And when Frank and Dodd blocked all efforts by Bush -- more than 10 different occasions -- trying to get regulation of Fannie & Freddie through Congress.
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