The recession was caused by the mandatory home loans to anybody that asked. Bush is only to blame for that because he didn't try hard enough to stop what the democrats put into action. The banks have recovered and are doing very well while Freddie and Fanny are still underwater. The TARP money failed to fix the problem. It just paid off the big banks and they held on to the money by not offering new loans.
That is not what's causing the current situation. It's this administrations hostility to business that prevents them form hiring and expanding. Stop out of control spending that they threaten to pay for by bleeding companies dry and the insane cap-n-trade regulations that will bankrupt them and you will see an instant change in the economy. All that money being socked away will magically become available when business knows it's safe. On Thu, Sep 23, 2010 at 12:58 PM, Sisk, Kris <ks...@gckschools.com> wrote: > > You're smarter than that Sam. The Bush recession is over, yes, but what > we're seeing no is still a consequence of it. At this point the problem > is that we haven't recovered from the damage the economy took under > Bush. There's plenty of blame to go around, but Bush is the bearer of > some of it. As are Obama and a couple thousand rich businessmen. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology-Michael-Dinowitz/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:327781 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
