Chicago mobsters are nicely ensconced in DC running the country (into the ground)
You righties are full of chit.
The real thugs, the incompetent imbeciles who nearly murdered America's financial future are the extremist republicans. Beginning with arch-criminal Richard Nixon who ran a burglary ring our of the White House basement. He finally resigned in disgrace in order to avoid being impeached. Many of Nixon's criminal underlings were rightly sentenced to federal prison.
Then you have ronnie, The "B" Actor, reagan who, thankfully, slept through much of his term, otherwise he would have caused even more considerable damage to our country. There were the illegal arms sales to Iran (thanks ronnie, we needed that). Then he went on to destroy unions, dismantle our much needed regulatory bodies, setting up the huge financial fiasco that centered around our Too-Big-To-Fail banks (thanks again ronnie). His legacy of gutting regulatory agencies and furthering policies that made it possible for most of America's wealth to be funneled into the bank accounts of the greediest sleazeballs in America rather than benefiting the country as a whole.
George w. bush, the nitwit who set the standard for total incompetence. bush excelled at one thing: commiting war crimes. Along with the criminals in his administration, bush needlessly attacked Iraq, starting an unnecessary war that would cost 5000 young American lives, along with maiming countless others who will never again live a normal life. Countless lives were ruined by the little man, bush.
george w, bush also continued the gutting of our regulatory agencies, dismantling them where possible, crippling them, otherwise. And bush set up, through brainless tax cuts to the nation's greediest #$%$, the greatest transfer of wealth, from the bottom to the top, in America's history. Thanks to bush/reagan policies, America's middle class has been devastated, thousands of Americans are homeless, countless seniors have lost their retirement savings in the market collapse, the housing market is in shambles, more families are in poverty, and America's entire future is at risk. Thank you, george w. bush, you lousy #$%$.
Today, the most ignorant segment of our population, the GOP base, is still trying to elect politicians who want to continue the raping of America. Through puppet extremist groups like the Tea Boogers, American Crossroads, etc., all financed by traitorous slugs like the Cawk brothers, the greedy rich republican mobsters are still trying to get control of our government in order to steal even more of our country's wealth.
It is the REPUBLICANS who have run our country into the ground.
The only solution is to get rid of GOP puppets through the ballot box: vote these greedy, incompetent pigs out of office at every opportunity.
Not even one mention of Bill Clinton in your little rant there? The one who said "I think everyone deserves to own a house" and proceeded to force the banks to give out bad loans by subsidizing the risk for them, on the backs of the taxpayer. Bush saw this problem, and asked the congress 17 times to stop this massive problem, and he was blocked all 17 times by Barney Frank and Chris Dodd. The majority of Democrats in Bush's last 2 years, including Obama as Senator, blocked everything Bush tried to do.
Bush was no gem, but but he was not even close to the cause of the financial/housing melt down. Republicans are not totally clean from this either, but they are not even close to the only responsible party for the meltdown. No matter what the Republicans did to regulation on the banks, they sure as phfuck didn't SUBSIDIZE THEIR RISK like your buddy Bill.
Stop blaming Bush and Republicans for Clinton and the Democrats' major phfuck up of subsidizing risk, especially since Bush was blocked by Democrats when he tried to stop it.
There is so much wrong with what you said, it's amazing. I'm not even going to waste my time with the rest of it.
The politicians are not the only ones to blame for this one, the financial institutions played a major role too. There was big money in those subprime loans. Many of the loans had huge upfront costs and fees, and many were adjustable with huge interest rates at the end of two or three years. Although most of them were written by the blood banks, much of the paper was later sold to the big financials. The profits were huge and as long as housing continued upward, there really was no risk. Foreclosure was just another avenue to even more profits on housing appreciation. Next to credit cards with their outrageous fees and 29% interest rates these were the second biggest cash cows on the farm.
You, of course, conveniently left out the Bush II/Rove Ownership Society, the $440 billion subprime mortgage program that had added to it a no down payment and bad credit features. All in Bush II's first term with a Republican Congress. Add Bush II's gutted SEC and the Crash made the CRA peanuts by comparison. Then add the "trickle down" cover story for the redistribution of wealth upwards and the unfunded wars to the witch's brew.
Of course, underlying much of it also is our corrupt Washington bipartisan Pay-To-Play politics which gave us unregulated, too big to fail Wall Street and a Wall Street in charge of our government insured bank accounts to play with. Add that to the specifically malignant Republican folly and we are just lucky that we aren't at the beginning of a decades' long Depression today with a VERY restive population.