What did GW Bush do to prevent the worst financial crisis since the 1930s?

He deregulated all forms of industry including banks, opposed unionization and minimum wage law increases, undermined environmental and labor safety regulations, gave tax breaks to the reach, and waged wars to stimulate the economy. These policies of course didn't work and created the meltdown.What did GW Bush do to prevent the worst financial crisis since the 1930s?in April 2001, Bush warned about this and in the fall of 2003, he upgraded the warning. dem's failed to listen and respond. Barney Frank issued the statements they fannie and freddie were strong and there was NOTHING to worry about.



read some facts, then you will have an understanding of how all this happened and how the warnings not only went unheeded but were dismissed and attempted to make Bush look like a fear-monger.



yeah, Dem's' we were safe? and now you want to blame bush. typical lib tactics.



you liberals have such a selective memory, twisting the facts do not make them true.



this is a world wide crisis or don't you read anything but liberal blogs.What did GW Bush do to prevent the worst financial crisis since the 1930s?
Bush warned Congress repeatedly about the need to reform Fannie and Freddie, and to stop coercing banks to lend money to uncreditworthy borrowers. Congress did not heed his warnings. After the financial panic set in, the Bush administration prevented it from growing into a global financial collapse by infusing capital quickly into key banks. Banks have used most of the money, along with fed funds, to shore up their balance sheets by purchasing bonds. This has worked to push Treasury rates down to 2%. Home mortgage rates have plummeted in the wake of this, dropping below 5%. In time, the refinancing that this has spurred will put enough money into the pockets of Americans to increase consumer spending to the point that the US will finally lift itself out of the recession. Everything else that is going on is basically just noise and political nonsense.What did GW Bush do to prevent the worst financial crisis since the 1930s?He tried to get something done about it I think 4 years ago saying we need to do something about the lending practices. Once before that. But too many on both sides stopped him but that was lead by the democrats. What did he do then sat on his hands because some politicians got in the way. What did he do to make it worse the bail outs and signing bills that furthered the lending mess.
I believe he warned about about it many times, but of course Congress blocked him every time. Get your facts straight.





http://www.whitehouse.gov/news/releases/鈥?/a>













http://www.marketwatch.com/news/story/bu鈥?/a>



http://beltwayblips.dailyradar.com/story鈥?/a>



http://www.house.gov/budget_republicans/鈥?/a>



http://deborahgyapong.blogspot.com/2008/鈥?/a>What did GW Bush do to prevent the worst financial crisis since the 1930s?he crated 500 million jobs. he put his own money in the economic recover fund, he concurred Iraq so that we can sell them our crap and buy their oil cheap, he pushed the price of gas down. he, even put in community service to help clean the streets of DC, he invested in inner city schools, he lowered tuition for the wealthy, gave money to the wealthy so they could hire an extra Mexican to work on their lawn. he buys foreclosing houses before they foreclose, he created money from nothing, he deregulated wall street so they could work for the people. he's always spending his money buying American. he's not struggling. it is a free market you know. he can't save us all. or can he... what didn't he do?What did GW Bush do to prevent the worst financial crisis since the 1930s?
Clinton created it, Bush was able to soften the blow. Bush's policies are what is going to turn the economy around, but of course Obama will wrongly get the credit.
Told the incoming administration that they could handle it in advance of actually taking office. Thank you, President Bush. It's the nicest thing you've done for us!What did GW Bush do to prevent the worst financial crisis since the 1930s?
Did a line or two, had a double shot of Jack Daniels, and found the box of pretzels that Jeff Gannon brought him and finished the box before Laura found him sprawled on the floor.
Supported Israels genocide in Palestine which in turn keeps fat federal banks stuffed with Jewish money in America..



bombs = Financial gain..



look at the two world wars
He had warned congress but you don't know that because it is easier to say that it is Bush's fault. When is it not going to be bush's fault.
Prevent it??? Is it fixed???! Really??? Maybe the entire world market should be checking Y!A because I'm pretty sure they all think we're in a world wide recession.
Nothing, he following the lead of failed Presidents Reagan and Bush Sr which caused the meltdown.
He did nothing!

He sat in his texas ranch and watched the economy crumble before his very own monkey eyes!
Its been all over the news for months, pay attention.
He stared blankly into space
nothing
He invaded Wall Street?
He cleared some brush.
he gave billions to banks which refuse to account for it!
Prevent it? He CREATED it.