Homework Clinic
Social Science Clinic => Business => Marketing => Topic started by: penguins on Jul 15, 2013
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If he does anything bad everybody says it's congress or Bush, why can't he be held accountable like everyone else? Folks will blame Bush for the housing market collapse, terrorist attacks on the WTC but Obama isn't held responsible for anything, why is this?
@Jess Do you realize you just proved me right? Don't get into a credentials contest with me either because you will lose.
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Because according to your lack of examples he hasn't done anything bad to be held accountable for.
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Actually, Bush is partly to blame for the housing market collapse. The Clinton Administrators and activitist like Barack Obama forced the banking industry, Fannie Mae, and Freddie Mac, to underwrite more low income housing loans. Bush expanded the program since he believed in extending the American dream.
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His father was a typical drunk that was never around to teach him responsibility.
That and he is a narcissist a$$.
And Bush attempted to regulate Fannie Mae,,,,so he was not part of it.
A Google search brings up the following Sept. 11, 2003 New York Times article, which shows the Bush administration was aware of potential lending problems and did try to do something about it:
The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.
Under the plan, disclosed at a Congressional hearing today, a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, the government-sponsored companies that are the two largest players in the mortgage lending industry.
The new agency would have the authority, which now rests with Congress, to set one of the two capital-reserve requirements for the companies. It would exercise authority over any new lines of business. And it would determine whether the two are adequately managing the risks of their ballooning portfolios.
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You've also noticed the lame stream media covers for him?
I thought I was the only one.
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When Bush does something wrong --> HIS FAULT!!!
When Obama does something wrong --> look the other way, it's someone else's fault.
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It's all driven by the criminal liberal media. He's black, his name is barrack husain Obama(a very un-American name), he wants more immigration. And any time he does something bad for the country(almost everyday), the media just either doesn't talk about it or blames it on someone else. Bush has been outta office for almost 3 years and they're still blaming everything on him.
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Actually Obama is much more to blame for the housing market collapse than Bush.
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He only cares about himself... Oh and his vacations...
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Getting America into its current situation was not Obama's fault, the responsibly there lies with successive Republican and Democrat governments going back decades.
What will be Obama's responsibility is the economic recovery and how sucessful/unsucessful it has been by the end of his term.
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Guess it depends on whether your a liberal or a conservative. Plus Obama has only been the president for 3 years. You can`t expect him to fix Bush`s 8 years of messing everything up in so little time.
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Your statement is false. President Obama is unfairly blamed for the housing market collapse caused by consumer money shortages aggravated by unfair tax levies on the middle class and the poor underpaid workers who are most in need of housing. He even kept AIG company solvent , thereby preventing the collapse of the economy in the USA. It was the backroom deals of the CEO's many sanctioned by Republicans and bad investments made by them that caused the company to fail and not the support given them by the current President. Bush was in office when the WTC was attacked by his former friend Bin Laden whose family was allowed to leave the USA and escape to Afghanistan. Obama was most instrumental in his efforts to prevent mass human suffering by offering a stimulus package to people who spend most of the money on sales and income taxes and he was commander in chief of the US Army who succeeded in eliminating further threats from Bin Laden and let the associated enemies of America know that the military of the USA means business in response to terrorism in the homeland. Obama did not single handedly create the conditions he is being blamed for but he seems to be making every effort to resolve those problems despite political opposition and various acts of racism by some people against him. Let's deal with the truth.
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Americans are easily persuaded by the media especially the liberal media, they allow themselves to be persuade to blindly follow and do their agenda,they are lazy and let others[press] tell them what to do, they can"t even do their own homework thoroughly and decide for themselves to vote with common sense which is lacking, political correctness is a thorn, it is said"When people think that the government is bigger than the people its called tyranny, "When people are bigger than the government its called Liberty", Get up and stand up for your rights before its too late, the government pays well for someone of a department to come up with ways to take away your right inde guisee of your well being and what is best for you.