Could Bush have prevented the whole financial crisis?

**Buzz Kill** · 05-01-2009, 08:56 PM

Could have by proper regulation, but this was against his ideology.

05-01-2009, 08:56 PM

How many think he could have prevented the whole thing if he wasn't in the "coasting out" of office mentality? Or...maybe if he raised the interest rate on loans sooner? Or...maybe promoted business or infastructure?

What's everyone's opinion?
Didn't Bush approve and take part in this greed? How about gov. take breaks to companies out to the country?...for one example.

**bradhurt2003** · 05-01-2009, 08:56 PM

he probably should have been briefed more often on what the Federal Reserve was doing. as much as Americans rely on credit, it may not have been completely avoidable, but it shouldn't have been so unexpected that it crippled the economy like it has.

05-01-2009, 08:56 PM

No.....He couldn't have. Dems..... you did alot of damage. Too much.

Was it really worth it?

**poppyg** · 05-01-2009, 08:57 PM

No, the crisis started when Pelosi took over congress in 2006. George Soros, Obamas puppetier kept it rolling and made a large amount of money from the crisis.

**Stitchin Witch** · 05-01-2009, 08:57 PM

No it started before he was in office, and it seems no one really picked up on the whole housing collapse until it was to late, Barney Frank and his guy had a lot to do with keeping that under wraps ! All of those easy loans that Clinton wanted for people just took time to blow up and when they did, they all went !

**DebbieP** · 05-01-2009, 08:57 PM

who knows? I really didn't like him, but the point is moot about now.

and for Ron T: CARTER?? He was president 30 years ago!

05-01-2009, 08:57 PM

If the Bush administration had not sponsored the last stage of deregulation which allowed the trading of all those crazy derivatives early on much of what we're seeing would never have happened.

**Stupify** · 05-01-2009, 08:57 PM

he tried to in 2001

**idiotzaint** · 05-01-2009, 08:57 PM

Could Bush stop Corporation greed? The President is the Chief Commander of the Military and gives his opinion to Congress.....he is NOT a Dictator. Did Obama seriously inherit these problems? No, he was a U.S. Senator, and he suspected like all the other Senators of what might come and like the other Senators he did nothing. Obama got big bucks donated to his campaign from the same guys who's greed caused the Problems Obama faces today.