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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (983730)

11/24/2016 1:32:47 PM

From: koan

Read Replies (2) | Respond to of 1579715

You continually post nonsense. It was all Bush's fault!! We were about to pay the entire debt off when Bush took over.

When Bush took over, the government was running huge surpluses. Experts predicted if we continued like this, our debt would be completely paid off in 12 years.

When Bush came in, he said that government should not have too much money and so he was giving tax cuts to the very rich, because it was their money.

The economy crashed in 08, because Bush exercised Absolutely no control over the banks, large insurance companies and dark money. Chris Cox did not follow up on any of the 5,000 complaints and after 08 he disappeared. And so massive fraud ensued. The banks were making no paper loans for 100% of value and the insurance company's like AIG were ensuring the same property several times over.

So when the housing market turned around, the house of cards collapsed.

I do not know how you find it satisfying to live in your fantasy world?

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Those of us possessing a little analytical ability are able to recognize the long term mature of the programs that, e.g., led to the 08 crash. Which had little to do with Bush.