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Ford Motor Co. Message Board

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  • dwillis1402 dwillis1402 Jan 6, 2012 4:31 PM Flag

    list of Bush accomplishments contained in this post

    W’s wars and his failure to arrange to pay for them aside, his two biggest financial blunders—excuse me, I mean accomplishments—were (1) letting Phil Gramm whisper policy into his ear, and (2) agreeing to sign Gramm’s idea allowing the 5 largest US investment banks (Lehman, Gold Sax, Morg Stan, Merrill Lynch, Bear Sterns) to reclassify themselves as bank and to take the lid off of their leverage ratios. All 5 IBs either went bankrupt or required billions in bail-outs. Should we also mention the wonderful energy policy that Cheney & W crafted?

    My favorite, of course, is his 2001 and 2003 tax cuts. S&P 200 firms have more than 2 TRILIION IN CASH accumulated, and the tax cuts have had more than 8 years to create the jobs W said would be created. Oops!

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