02-26-2009, 04:49 PM
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CC Member
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Join Date: Aug 2006
Location: San Diego,
CA
Cobra Make, Engine: SPF1715, Roush Built 434 ci Stroker, Dart Block, Ported AFR 205 Heads... 561 hp / 547 tq, Former Roush Show Car, Completed and Prepped By Olthoff Racing.
Posts: 1,066
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Quote:
Originally Posted by acindrich
And sadly for many conservatives Bush's policies doomed the Republican party to second place in the election. I too am not enamored with all aspects of the current administration and I too believe that there is blame to be laid on many politicians (the fair housing act likely being the foundation for widespread leveraging and profiteering by lenders and citizens alike that was a seed to "the perfect storm") But one cannot overlook the role of the President to see these problems and attempt to fix them before they become catastrophic. Wasn't that fair housing act put in place under the Clinton administration? If so, shame on that adminstration. And Bush had years to ward off the results.
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The Bush administration was blocked in 2001 by Dodd when they attempted to put more regulations on Fannie and Freddie. |