Quote:
Originally Posted by shinerbock
Yes, Bush caused this. It didn't have anything to do with China, India, hurricanes, 9/11, a global war on terror, irresponsible lenders or IRRESPONSIBLE BUYERS.
I'm not sticking up for Bush, but the lack of personal responsibility exhibited by Americans when these types of comments are made is utterly disgusting.
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It does did have to do with hurricanes (Katrina, "Brownie, you're doing a heck of a job".) Katrina was mismanaged. FEMA awarded about $3.6 billion worth of contracts to companies with crappy credit histories. A Homeland audit found a screwed up bidding process, many of those contracts were awarded to companies who bid unreasonably high.
He put us in a war where there were no weapons of mass destruction. Remember this quote from Bush? "Right now, Iraq is expanding and improving facilities that were used for the production of biological weapons."
The ultimate cost of the war is estimated to top 3 trillion dollars. For what?
Yes, irresponsible lenders.
Then why did Bush bail them out for $80 billion?
In the year 2000, the federal budget surplus was $230 billion dollars.
As of today, the deficit is $9,411,116,201,914.
When Bush took office, oil was $24 a barrel.
It's now $138 a barrel.
Yes, it was Bushy Boy.
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