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View Full Version : Timeline Shows Bush McCain Warning Dems of Financial and Housing Crisis; Meltdown



megimoo
09-04-2011, 02:14 PM
Bush McCain Warning of Financial Meltdown and Housing Crisis

From Fox News Channel
Wednesday, September 24, 2008
Special Report With Brit Hume

http://www.youtube.com/watch_popup?v=cMnSp4qEXNM&NR=1

COMMENTS:

This video clearly shows that George Bush warned Congress starting in 2001, that this economic crisis was Coming, if something was not done. But Congress refused to Listen, along with the arrogant Congressman, Barney Frank. This video says it all.. The liberal media reportedly did not want this video on You Tube; it was taken off. This link is of the same video, but is routed through Canada . Everyone in America needs to see this before it is yanked off the Internet again! Let's see how far we can spread it before it's pulled off the Canadian site.
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Fiscally, Bush was profligate and inattentive.

He was necessarily distracted by the post-9/11 world for years. It's unfortunate that he couldn't find his veto pen and trusted a corrupt Republican Congress a bit too much.

Even still, do you think he'd have been able to articulate and push action on this front when his Treasury Secretary and even Alan Greenspan could not get the Congress moving?

As the video showed McCain got a bill out of committee on a party-line vote and it never even reached the Senate floor. Barney Frank and Schmuck Schumer were like Baghdad Bob saying everything was wonderful and people were needlessly alarmist.

Schumer pushed the community reinvestment and bank modernization acts. He was neck deep with Wall Street.

Neither of these creeps should've survived the financial meltdown and housing crisis and yet Schumer won reelection handily in 2010. Frank's co-authored the economy killing Dodd-Frank regulatory fiasco. It's appalling.
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I sure hope there is a way to preserve this video! We need to keep it in circulation and use it to challenge those revisionists who seem to have "forgotten" about the Democrat-controlled congress Bush had to deal with, and who insist on blaming Bush instead of Obama and his commie - crat confreres for the third world socialist craphole that they would make of these great United States of America.
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