View Poll Results: Was George W Bush a good president?

Voters
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  • I'm a right leaning American, yes.

    33 21.71%
  • I'm a left leaning American, yes.

    4 2.63%
  • I'm not American, Yes.

    4 2.63%
  • I'm a right leaning American, no.

    31 20.39%
  • I'm a left leaning American, no.

    66 43.42%
  • I'm not American, no.

    14 9.21%
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Thread: Was George W Bush a good president?[W:439:621]

  1. #391
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    Re: Was George W Bush a good president?

    Quote Originally Posted by Lord of Planar View Post
    Yet you agreed with Obama helping the French get rig of Gaddafi.
    Yes, One, invading a nation on false premises costing trillions of dollars and tens of thousands of lives is equal to the other *shaking head*

  2. #392
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    Re: Was George W Bush a good president?

    Quote Originally Posted by ChrisL View Post
    Apparently, our government received intelligence that Saddam had gotten a hold of WMD. Now, how true this is certainly controversial. However, IF it is true, then he was totally right to go in there. Saddam was warned numerous, numerous times that if he didn't let the UN inspectors do their job THOROUGHLY (especially given HIS own threats about such weapons along with threats to USE them), then we were going to go over there, and so we did.

    United States Senate Select Committee on Intelligence concerning the U.S. intelligence community's assessments of Iraq during the time leading up to the 2003 invasion of Iraq. The report, which was released on July 9, 2004, identified numerous failures in the intelligence-gathering and -analysis process. The report found that these failures led to the creation of inaccurate materials that misled both government policy makers and the American public.

    The Committee's Republican majority and Democratic minority agreed on the report's major conclusions and unanimously endorsed its findings.

    Senate Report on Pre-war Intelligence on Iraq - Wikipedia, the free encyclopedia

  3. #393
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    Re: Was George W Bush a good president?

    Quote Originally Posted by Lord of Planar View Post
    When will liberals stop repeating that misinformation?

    The Mission Complete banner was because that ships mission was complete. It was sailing back to it's home port.

    How can you expect to be credible if you can't get simple facts strait?

    MORE RIGHT WING 'HISTORY' *shaking head*

    The 2003 Mission Accomplished speech gets its name from a banner that read "Mission Accomplished" displayed on the aircraft carrier USS Abraham Lincoln during a televised address by United States President George W. Bush on May 1, 2003 and the controversy that followed.

    Bush stated at the time that this was the end to major combat operations in Iraq. Bush's assertion—and the sign itself—became controversial after guerrilla warfare in Iraq increased during the Iraqi insurgency. The vast majority of casualties, both military and civilian, occurred after the speech

    Navy Commander and Pentagon spokesman Conrad Chun said the banner referred specifically to the aircraft carrier's 10-month deployment (which was the longest deployment of a carrier since the Vietnam War) and not the war itself, saying "It truly did signify a mission accomplished for the crew."


    SURE

    The White House claimed that the banner was requested by the crew of the ship, who did not have the facilities for producing such a banner. Afterward, the administration and naval sources stated that the banner was the Navy's idea, White House staff members made the banner, and it was hung by the U.S. Navy personnel. White House spokesman Scott McClellan told CNN, "We took care of the production of it. We have people to do those things. But the Navy actually put it up." According to John Dickerson of Time magazine, the White House later conceded that they hung the banner but still insists it had been done at the request of the crew members


    LOL

    Mission Accomplished speech - Wikipedia, the free encyclopedia

  4. #394
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    Re: Was George W Bush a good president?

    Quote Originally Posted by ChrisL View Post
    It's a little disturbing that they would be trying to encourage banks to lower their standards again though. Simply stated, everyone cannot afford a home with the prices they are at.
    Regulators and policymakers enabled this process at virtually every turn. Part of the reason they failed to understand the housing bubble was willful ignorance: they bought into the argument that the market would equilibrate itself. In particular, financial actors and regulatory officials both believed that secondary and tertiary markets could effectively control risk through pricing.


    http://www.tobinproject.org/sites/to...Disaster_0.pdf

  5. #395
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    Re: Was George W Bush a good president?

    Quote Originally Posted by ChrisL View Post
    Why did you leave out the fact that banks were giving mortgages to people that they knew would not be able to pay them. Maybe not illegal, but a lot of times banks and financial institutions were making some shady deals, and that played a role I think.

    And what do you think of this. This article is a year old, but still.



    Obama administration pushes banks to make home loans to people with weaker credit - The Washington Post
    DUBYA FOUGHT ALL 50 STATE AG'S IN 2003, INVOKING A CIVIL WAR ERA RULE SAYING FEDS RULE ON "PREDATORY" LENDERS!

    Dubya was warned by the FBI of an "epidemic" of mortgage fraud in 2004. He gave them less resources. Later in 2004 Dubya allowed the leverage rules to go from 12-1 to 33-1 which flooded the market with cheap money

    IS THAT WHAT OBAMA DID OR IS DOING?

  6. #396
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    Re: Was George W Bush a good president?

    Quote Originally Posted by Camlon View Post
    They didn't really give to people they knew would not pay it back. They gave loans to risky people. However, it is my belief that tighter lending standards would not have prevented the property bubble and the financial crisis. Subprime mortgages was not the main problem. http://phoenixsourcedistributors.com...f-problem1.jpg

    The main cause was similar to other property bubbles. People invest because they expect prices to go up. Once prices no longer go up, they will try to sell as fast as possible to avoid losing money. Everyone trying to sell at the same moment will further decrease prices.

    Many people are unable to pay back their loans because their assets are worth too little. Banks will have to pay the rest. Once the bank start to struggle, then you have an financial crisis.



    I think it will have little effect, and is not the way to achieve economic recovery. He needs to focus on jobs instead.

    I am not too worried about a new financial crisis right now. They generally come when people have forgotten about the last one.

    It was a CREDIT bubble, one where Bush was main cheerleader for the Banksters. US household debt doubled 2001-end of 2008.

    World wide housing prices doubled 2000-2005

    Regulators and policymakers enabled this process at virtually every turn. Part of the reason they failed to understand the housing bubble was willful ignorance: they bought into the argument that the market would equilibrate itself. In particular, financial actors and regulatory officials both believed that secondary and tertiary markets could effectively control risk through pricing.


    http://www.tobinproject.org/sites/to...Disaster_0.pdf

  7. #397
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    Re: Was George W Bush a good president?

    Quote Originally Posted by CRUE CAB View Post
    Given the challenges of his early months in office, I would say yes.
    Challenges? Oh right where he ignored the 40+ CIA/PDB's that mentioned Al Queda attacking US

  8. #398
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    Re: Was George W Bush a good president?

    Quote Originally Posted by Gipper View Post
    No, not good at all. However, he was a scapegoat for many things that simpletons credit him with. For instance, only the dimmest mouth-breathers can blame him for the subprime crisis.

    I don't like him for excessive Iraq intervention, the creation of No Child Left Behind (fortunately it was so under-funded that it may as well have never existed) and the introduction of "too big to fail" in our vocabularies.


    Right-wingers Want To Erase How George Bush's "Homeowner Society" Helped Cause The Economic Collapse

    2004 Republican Convention:

    Another priority for a new term is to build an ownership society, because ownership brings security and dignity and independence.
    ...

    Thanks to our policies, home ownership in America is at an all- time high.

    (APPLAUSE)

    Tonight we set a new goal: 7 million more affordable homes in the next 10 years, so more American families will be able to open the door and say, "Welcome to my home."


    DUBYA FOUGHT ALL 50 STATE AG'S IN 2003, INVOKING A CIVIL WAR ERA RULE SAYING FEDS RULE ON "PREDATORY" LENDERS!

    Dubya was warned by the FBI of an "epidemic" of mortgage fraud in 2004. He gave them less resources. Later in 2004 Dubya allowed the leverage rules to go from 12-1 to 33-1 which flooded the market with cheap money


    Bush drive for home ownership fueled housing bubble

    He insisted that Fannie Mae and Freddie Mac meet ambitious new goals for low-income lending.

    Concerned that down payments were a barrier, Bush persuaded Congress to spend as much as $200 million a year to help first-time buyers with down payments and closing costs.

    And he pushed to allow first-time buyers to qualify for government insured mortgages with no money down


    The "turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007," the President's Working Group on Financial Markets OCT 2008

  9. #399
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    Re: Was George W Bush a good president?

    Quote Originally Posted by Gipper View Post
    Thank you. Now every major issue that's happened in the last 6 years, I'll just say "Thanks, Obama!", since you've given it merit.

    Anyone who buys a house they cannot afford with a down payment that hardly exists from a bank that has no business providing a loan - and blames the president - doesn't deserve to have a thing. Stupidity should never go unrewarded.

    It's a damn shame about all the nutball shooters lately, isn't it? THANKS OBAMA!


    Predatory Lenders' Partner in Crime

    Predatory lending was widely understood to present a looming national crisis.

    What did the Bush administration do in response? Did it reverse course and decide to take action to halt this burgeoning scourge?

    Not only did the Bush administration do nothing to protect consumers, it embarked on an aggressive and unprecedented campaign to prevent states from protecting their residents from the very problems to which the federal government was turning a blind eye

    In 2003, during the height of the predatory lending crisis, the OCC invoked a clause from the 1863 National Bank Act to issue formal opinions preempting all state predatory lending laws, thereby rendering them inoperative



    Regulators and policymakers enabled this process at virtually every turn. Part of the reason they failed to understand the housing bubble was willful ignorance: they bought into the argument that the market would equilibrate itself. In particular, financial actors and regulatory officials both believed that secondary and tertiary markets could effectively control risk through pricing.


    http://www.tobinproject.org/sites/to...Disaster_0.pdf


    The "turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007," the President's Working Group on Financial Markets OCT 2008

  10. #400
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    Re: Was George W Bush a good president?

    Quote Originally Posted by ChrisL View Post
    It's always nice when a person posts a link with their chart. We aren't getting the whole story with just a chart.
    Regulators and policymakers enabled this process at virtually every turn. Part of the reason they failed to understand the housing bubble was willful ignorance: they bought into the argument that the market would equilibrate itself. In particular, financial actors and regulatory officials both believed that secondary and tertiary markets could effectively control risk through pricing.


    http://www.tobinproject.org/sites/to...Disaster_0.pdf


    HOW ABOUT HOUSEHOLD DEBT DOUBLING UNDER BUSH? OR

    Right-wingers Want To Erase How George Bush's "Homeowner Society" Helped Cause The Economic Collapse

    DUBYA FOUGHT ALL 50 STATE AG'S IN 2003, INVOKING A CIVIL WAR ERA RULE SAYING FEDS RULE ON "PREDATORY" LENDERS!

    Dubya was warned by the FBI of an "epidemic" of mortgage fraud in 2004. He gave them less resources. Later in 2004 Dubya allowed the leverage rules to go from 12-1 to 33-1 which flooded the market with cheap money!

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