Why did BUSH just sit and do nothing as Americas financial structure was

**Dinos back** · 09-27-2009, 10:58 AM

destroyed and reduced to rubble.?
he destroyed America in 8 years of his rule!!!!!

**John V** · 09-27-2009, 10:58 AM

No he didnt, Barney Frank, Dodd and others did with the F&F fiasco, "A home for everybody, whether you could pay for it or not"
They practically crucified the regulator when he wanted to put the brakes on to their practices. Dodd got a real sweet mortgage to boot.

**John V** · 09-27-2009, 10:59 AM

No he didnt, Barney Frank, Dodd and others did with the F&F fiasco, "A home for everybody, whether you could pay for it or not"
They practically crucified the regulator when he wanted to put the brakes on to their practices. Dodd got a real sweet mortgage to boot.

**Mark C** · 09-27-2009, 10:59 AM

Bush was not fit to be president, he was in way over his head! It will take years to get out of this mess he ruled over!

**ll_jenny_ll here** · 09-27-2009, 10:59 AM

because he hadn't finished reading his most favourite book yet "the very hungry capitalist" ... that's why.

**piegowdealer** · 09-27-2009, 10:59 AM

It is the quintessence of free market aka "laissez-faire" capitalism to let the markets self-correct in the most destructive way possible (Murphy's Law). Bush was ideologically incapable to respond to a crisis he could not see as a crisis.

But in fairness, reagan started the dismantling of socialist safeguards. About the only thing they did not remove was deposit insurance.

**Mark C** · 09-27-2009, 10:59 AM

Bush was not fit to be president, he was in way over his head! It will take years to get out of this mess he ruled over!

**jesswzmn** · 09-27-2009, 10:59 AM

no no no no you have it all wrong.

People have the mistaken impression that Bush failed.

Bush in his eyes is a great success.

He and Cheney in their eyes........its

MISSION ACCOMPLISHED !!!!!

you have to follow the money to know what I am saying.

**Sam** · 09-27-2009, 10:59 AM

He sat around and did nothing because he, just like Herbert Hoover, thought that the recession would turn around by itself. Bush should have listened to history, because if the recession had happened before his second term, John Kerry would've become President, and we would have ended the wars in Iraq and Afghanistan much sooner.