The economic crisis is Bush's fault....right?

You hear people say "Obama inherited this crisis...." " This is due to the failed economic polices of the last eight years."
I beg to differ. The liberal media refused to let this be on youtube, so they had Time Warner threaten a lawsuit against youtube if an American put it on.

But the video is streamed from Canada, and I think we all need to see this...and stop strangling Bush, and realize Obama is a brilliant campaigner...

You are trying to convince people that President Obama's infamously incompetent Republican predecessor wasn't really that bad....with a clip from Fox News? Are you mentally retarded?

Yeah, Bush started it and Obama just made it a whole lot worse.

"

Yeah, Bush started it and Obama just made it a whole lot worse.

"

It doesn't matter who's the president, they will be inevitably blamed for any crisis, because the public need a scapegoat. Nevermind the rest of the government, they clearly have no blame on their shoulders.

"It doesn't matter who's the president, they will be inevitably blamed for any crisis, because the public need a scapegoat. Nevermind the rest of the government, they clearly have no blame on their shoulders."

"punkxblaze said:

"It doesn't matter who's the president, they will be inevitably blamed for any crisis, because the public need a scapegoat. Nevermind the rest of the government, they clearly have no blame on their shoulders."

my point isn't to push the blame to Obama, it's to say that the blame is not President Bush's. It is the congress. Barney Frank, Chris Dodd, Nancy Pelosi, and Harry Reid. Bush and Obama had nothing to do with it, they just are Presidents during it. "

those huge tax breaks for corporations that bush supported and passed through the republican gov't back in early 2000 mite be an example of big business getting out of control

and i dunno it seems like a direct result of globalization and free market politics, this mirrors a lot of wat happened back  during the great depression, and after that a lot of socialist policies were put in place which helped teh economy bounce back


but then those socialist policies were repealed because they hurt free trade and competition, and then we're back to where we started

I dont feel it is entirely Bush's fault as many like to say, or at least imply, but if you dont think Bush's presidency was one of the worst in this countries history, and without question the worst within most of our lifetimes you are sadly mistaken.

Democrats had congress, AND a lower approval rating than Bush himself. But I thought we were blaming Bush for every problem in the universe?

generally it's capitalisms fault

"Democrats had congress, AND a lower approval rating than Bush himself. But I thought we were blaming Bush for every problem in the universe? "

This isn't going to turn out well...

"This isn't going to turn out well..."

You needed to hear some ass from Fox News talk about this? Sigh, you are the reason why people like Bush get elected in the first place.

I like where this thread is going.

Just pointing out that it isn't all Bush's fault (A good portion of it is), it definitely isn't the democratic congress' fault, nor is it one person or one group at one specific point of time.

lets not forget, when Bush took office, he was the first president ever to inherent a SURPLUS deficit. And then what happened?? we went into war with Iraq, and not only that, he gave out tax breaks after tax breaks (the Republican solution to getting votes). it is unprecidented for a president to give the largest tax break in history during the time of war. Also, during the 8 years in office, Bush never once veto a spending bill. This is the reason why when Bush left office, America is now under $10 trillion deficit, something that our children and grandchildren have to pay. Now with Obama running the scence, the deficit will not only grow substantially, but it will likely double over the next 5-8 years. We could see a deficit of over $23 trillion in the year 2014. Not to mention our banking system is fucked, and the economy is continuing to spiral downward. So who's to blame for all this?? im not going to just blame Bush, but im going to blame both the Republicans and Democrats to allow the Bush administration for abusing their powers.

Geno and Snipzor just reminded me of something.

Let it be known that aside from BoG, whose an informed conservative, it's mostly the liberals on GiantBomb who actually know what they're talking about.

Kind of ironic how they're trying to sell regulation as having always been the conservative answer.

"Kind of ironic how they're trying to sell regulation as having always been the conservative answer. "

The OP.

"Kind of ironic how they're trying to sell regulation as having always been the conservative answer. "

"Bellum said:

"Kind of ironic how they're trying to sell regulation as having always been the conservative answer. "

You must have read the republican budget have you? Have no fear, it's only 19 pages and there are more numbers in this sentence than in the budget."

"lets not forget, when Bush took office, he was the first president ever to inherent a SURPLUS deficit. And then what happened?? we went into war with Iraq, and not only that, he gave out tax breaks after tax breaks (the Republican solution to getting votes). it is unprecidented for a president to give the largest tax break in history during the time of war. Also, during the 8 years in office, Bush never once veto a spending bill. This is the reason why when Bush left office, America is now under $10 trillion deficit, something that our children and grandchildren have to pay. Now with Obama running the scence, the deficit will not only grow substantially, but it will likely double over the next 5-8 years. We could see a deficit of over $23 trillion in the year 2014. Not to mention our banking system is fucked, and the economy is continuing to spiral downward. So who's to blame for all this?? im not going to just blame Bush, but im going to blame both the Republicans and Democrats to allow the Bush administration for abusing their powers. "

"giyanks22 said:

"punkxblaze said:

"It doesn't matter who's the president, they will be inevitably blamed for any crisis, because the public need a scapegoat. Nevermind the rest of the government, they clearly have no blame on their shoulders."

my point isn't to push the blame to Obama, it's to say that the blame is not President Bush's. It is the congress. Barney Frank, Chris Dodd, Nancy Pelosi, and Harry Reid. Bush and Obama had nothing to do with it, they just are Presidents during it. "

I might think Pelosi and Reid suck, but this whole "ooga booga liberal congress 4 two yrs tehy mest evrythin up" is absolutely ridiculous. Hate to break it to you, but 6 of those 8 years were run by the Republican party. Remember that?"

This goes back to Carter, if not FDR.

Having said that, Democrats aren't wrong when they say that Bush fucked up real bad.

"

and Obama just made it a whole lot worse.

"

I heard Obama has a time machine and went into the past to mess up the economy and rig the election so he could take all the blame when he became president. He then went back, back in time and undo it all and take all the credit for fixing it.

he already screwed the country to no end so I'd say it's his fault now

The last 2 responses to the thread highlight the lunacy of the right wing pundits who are rightly trying to blame the left but wrongly trying to blame Obama.

While the Obama administration is pursuing the most dramatically inflationary policies since the abandonment of the gold standard, he is only one man in a long thread of politicians in America who have undermined the principles upon which your country has been founded, obliterated the market value of labour, and made the working poor worse off than they would be with economic liberty.

The right needs to know its history, and start blaming FDR.

"BiggerBomb said:

"giyanks22 said:

"punkxblaze said:

"It doesn't matter who's the president, they will be inevitably blamed for any crisis, because the public need a scapegoat. Nevermind the rest of the government, they clearly have no blame on their shoulders."

my point isn't to push the blame to Obama, it's to say that the blame is not President Bush's. It is the congress. Barney Frank, Chris Dodd, Nancy Pelosi, and Harry Reid. Bush and Obama had nothing to do with it, they just are Presidents during it. "

I might think Pelosi and Reid suck, but this whole "ooga booga liberal congress 4 two yrs tehy mest evrythin up" is absolutely ridiculous. Hate to break it to you, but 6 of those 8 years were run by the Republican party. Remember that?"

Yes, but the housing market collapsed in 2007 when the Liberal Congress took office, and my aunt is a realtor, and she's sold four houses since April of 2007. (The new Congress took office in Jan of 2007) She's used to selling four houses a quarter. "

"LiveOrDie1212 said:

"lets not forget, when Bush took office, he was the first president ever to inherent a SURPLUS deficit. And then what happened?? we went into war with Iraq, and not only that, he gave out tax breaks after tax breaks (the Republican solution to getting votes). it is unprecidented for a president to give the largest tax break in history during the time of war. Also, during the 8 years in office, Bush never once veto a spending bill. This is the reason why when Bush left office, America is now under $10 trillion deficit, something that our children and grandchildren have to pay. Now with Obama running the scence, the deficit will not only grow substantially, but it will likely double over the next 5-8 years. We could see a deficit of over $23 trillion in the year 2014. Not to mention our banking system is fucked, and the economy is continuing to spiral downward. So who's to blame for all this?? im not going to just blame Bush, but im going to blame both the Republicans and Democrats to allow the Bush administration for abusing their powers. "

  If the war was seen as "such a bad thing" then why did our current Senate Majority Leader, Vice President, and Speaker of the House all vote in favor of it??? The Bush administration didn't abuse its powers. The Patriot Act for instance, was passed through Congress, and had then Bush passed it. Every Act or Law the President passes has to have gone through Congress.

"It doesn't matter who's the president, they will be inevitably blamed for any crisis, because the public need a scapegoat. Nevermind the rest of the government, they clearly have no blame on their shoulders."

"I heard Obama has a time machine and went into the past to mess up the economy and rig the election so he could take all the blame when he became president. He then went back, back in time and undo it all and take all the credit for fixing it."

Holy shit, stop politicizing economics. This crisis is not Bush's fault. It's not Clinton's fault. It isn't any president's fault.

This crisis has been in the making for 30 years. The expansion of credit through the buying of bonds from commercial banks is what caused this crisis. It has nothing to do with liberal or conservative. Stop embarrassing yourselves. 

"Will1Lucky said:

"

and Obama just made it a whole lot worse.

"

  No , he has not "

I didn't do it.

lol

yeah, stuff just happens dudes, it's been in the making for 30 years, the governments aren't at fault, they're powerless, it's not like that's the kind of stuff we vote them for, they're just there to look pretty while the world goes to hell so they can go on TV and go all God Bless America and feel like they did their job. The crisis has been in the making for 30 years, it's not like they could have foreseen it and taken steps to avoid it in conjuction with the governments of the rest of the world, 30 years pass lightning fast, it came out of nowhere!

"lilburtonboy7489 said:

"Holy shit, stop politicizing economics. This crisis is not Bush's fault. It's not Clinton's fault. It isn't any president's fault. This crisis has been in the making for 30 years. The expansion of credit through the buying of bonds from commercial banks is what caused this crisis. It has nothing to do with liberal or conservative. Stop embarrassing yourselves.  "

lilburtonboy7489 said:

"daniel_beck_90 said:

"Will1Lucky said:

"

and Obama just made it a whole lot worse.

"

  No , he has not "

Yup, he has. "

Hypocritical much?"

"lilburtonboy7489 said:

"AgentJ said:

"lilburtonboy7489 said:

"Holy shit, stop politicizing economics. This crisis is not Bush's fault. It's not Clinton's fault. It isn't any president's fault. This crisis has been in the making for 30 years. The expansion of credit through the buying of bonds from commercial banks is what caused this crisis. It has nothing to do with liberal or conservative. Stop embarrassing yourselves.  "

lilburtonboy7489 said:

"daniel_beck_90 said:

"Will1Lucky said:

"

and Obama just made it a whole lot worse.

"

  No , he has not "

Yup, he has. "

Hypocritical much?"

How is that hypocritical? I said that no president has caused this crisis, I didn't say that they can't help or harm the situation. FDR was not responsible for the Great Depression, but he did make it much worse. The same goes for this situation. Our presidents have not created this crisis, but every president has been making it worse. "

Okay, explain to me then how Obama has made the situation worse."

"lilburtonboy7489 said:

More government spending which he has to either 1) decrease real demand in the market by decreasing consumer income through taxes OR 2) have the FED create the money which will give consumers and producers less purchasing power and create more bubbles. "

And you know for sure that those are the effects that are going to happen, and not 

3) create thousands of jobs that put people back to work, give them a chance to pay off their debts and buy houses and cars again

I'm not saying that 1 and 2 won't happen, but you are acting as if it's a fore-gone conclusion, and there is no proof that what Obama is doing won't get us out of this mess. You could've pointed to the dow a few weeks ago, but since then it has risen back to the level it was at when Bush left office. Obviously he's doing something right.

Oh and btw, you said that people need to stop politicizing economics, and then you said that Obama has made the economy worse. that sounds like hypocracy to me.

"

lilburton, shut up aready. You have no idea what you are talking about.

"lilburton, shut up aready. You have no idea what you are talking about."

wow, i'm just not even going to bother any more. If you used some sources with all these claims that you are making, then maybe this would be a worthwhile conversation, but I'm going to pull out the o'reilly comparison again, because you are just throwing out ideas like candy, without even giving any sort of backing or proof. (If it was a foregone conclusion that the economy is going to tank, Obama wouldn't be nearly as confident as he looked in his press conferences and talk show appearences.Fuck, if i screwed up the economy that badly, I would be running around like a chicken with its head cut off.)

"lilburton, shut up aready. You have no idea what you are talking about."

"Wow, you just completely debunked me. I wish I had your knowledge. "