"IT's Dubya's FAULT" !!!

One still encounters LIEberrhoidal posters who blame George W. Bush for the Iraqi War....and the Iraqi Quagmire specifically. And, of course, because of ignorance, stupidity, but more likely due to Ideological brain damage, they blame Dubya for the Financial Debacle that was precipitated by the Fannie & Freddie's collapse.

It would seem that by now there is enough factual evidence to confirm that one shouldn't be compelled to remind those who still have their heads buried deep in their arse that the WMD issue is not something one would blame Bush for ..... however, the political idiots of the LIEberrhoidal variety persist in making donkey dicks of themselves on this issue.

Whether The Baghdad Psycho had, or did not have the WMDs.....and when did he get rid of them ....is still a moot point. There is no doubt that the Baghdad Monster had the WMDs because he slaughtered his own rebellious forces in Southern Iraq in the aftermath of the Kuwaiti War, and the ever-hostile Kurds in the North. But, at what time, why, and how the disposition of the WMDs occurred is still a moot question.....even though it is a fact that around the time the PSYCHO was defeated, by Dubya in TWENTY TWO DAYS (or, prior to that time), the WMDs mysteriously evaporated.

As to laying the Iraqi War on Dubya is a much refuted proposition ....... COMPLETELY DISCREDITED, MANY TIMES OVER.

HOWEVER, THAT CRAPPOLA IS CONTINUOUSLY TRUMPETED ABOUT BY THE MENDACIOUS (OR, STUPID) LIEBERRHOIDALS.......Obviously, to denigrate Dubya in order to obfuscate and distort the Dems HYPOCRITICAL & TREACHEROUS deeds during the Iraqi War.

To begin with, ALL the Intelligence Agencies of the Major Powers of the World: Germany, France, Russia, England (except China) ....including Clinton's CIA ..... flaunted about that the Baghdad Psycho had the WMDs. And, Clinton, during his Presidency howled and yowled for the forcible removal of Saddam, including practically ALL, if not ALL of the Congressional Dem Leadership: Pelosi, Al Bore, Hanoi Kerry, KKK Byrd, The Paragon of Dem Morality, the Chappaquidick Murderer, Ted Kennedy (may he roast in Hades), etc., etc., etc........This Forum had numerous quotes by Pelosi, Hanoi Kerry, etc., howling and yowling for the VIOLENT removal of the PSYCHO.....And, Dubya, considering their arguments, decided to go along with the DEMS assessment of the situation, AND ADOPTING THE DEM'S RHETORIC, in most cases VERBATIM, as in the case of Pelosi's WMD rant got CONGRESSIONAL APPROVAL .... and, WIPED OUT THE BAGHDAD MONSTER (4th Largest Army in the World) in TWENTY TWO DAYS !!!

Now, that didn't sit well with the DEM LEADERSHIP. The chances of the Dems being re-elected in the up-coming elections was ZERO, NADA, ZIPPO !!!

Predictably, the Dems using their LIEberrhoidally Controlled LameStream Media (and in those days THEY, BASICALLY, HAD TOTAL CONTROL of the MEDIA, inundated America 24/7 with information that blew up every glitch in the factionally divided Iraq ONE THOUISAND FOLD giving the GREEN LIGHT to the IslamoFascist Swine to start the IRAQI QUAGMIRE !!!

D'ya think the IslamoFaccist Buttholes of Iran woulda dared to challenge the GREATEST POWER on EARTH, The US MILITARY, which WIPED OUT Iraq in TWENTY TWO DAYS......when they, IRAN, fought Iraq to a Victory-less STANDSTILL after ~ SIX YEARS, and the loss of MILLIONS of their people ?!?!?

Well, thanks to the HYPOCRITICAL & TREACHEROUS DEMS, every slightest success in IRAN's (and other IslamoFascist Swine's) initially minor successful incursions in IRAQ were greeted by the LAMESTREAM MEDIA with 24/7 inundation of Dubya's understandable problems in an ethnically and religiously fractious Iraq. The rest is Histrory.....The everlasting IRAQI QUAMIRE.......and the CONTINUOUS ANTI-BUSH VERBIAGE ...... AND, THE RESURRECTION OF THE HITHERTO SUCCESSFUL AFGHANISTAN INCURSION INTO THE PRESENTLY NON-WINNABLE MESS.

THAT IS WHAT HAPPENS WHEN THE HYPOCRITICAL & TREACHEROUS DEMS PRESENT THE WORLD WITH A DIVIDED AMERICA !!!

As to your comment: "Funny, he (Dubya) left the economy in one of the worst recessions ever."

What caused the destruction of the American Economy was the Fannie & Freddie Debacle.

Again, initially, the "Fannie and Freddie" concept was the UNMISTAKABLE STRICTLY Dem-type of "SOMETHING fer NOTHING" SCHEME.... I think we all can recognize the LIEberrhoidally initiated thought processes involved: Lets help those that can't afford what they buy by having the government SUBSIDIZE them, i.e., by having us, the tax-payers, give them what amounts to freebies.

True, Dubya, already DESTROYED by the LIEberrhoidals re the IRAQI QUAGMIRE, had almost no say in what was happening in what was in effect a Dem Controlled HOUSE & SENATE. The House Finance Chairman being the Wierdo Bwarney Fwank. The Senate Finance Chairman, the Un-indicted Felon Chris Dodd (getting gobs of money & favors from the F&F CEOs) .....But, Dubya did go along with it INITIALLY.

Then, the Dems began to get the F & F Debacle go completely HAYWIRE......Frank Raines, the CEO of Fannie.....And, Johnson, the CEO of Freddie WERE ROBBING THEIR COMPANIES BLIND......what with totally outa-control loans that they FORCED the banks to give to those who had, literally NO CHANCE of being able to pay.

GO TO "YOUTUBE: CONGRESSIONAL FANNIE & FREDDIE HEARINGS" these were aired on this FORUM......NUMEROUS TIMES:

You will see how Dubya's representatives were REPEATEDLY SHOUTED DOWN by the members of the CORRUPT CONGRESSIONAL BLACK CAUSUS when these Bush Represenatives REPEATEDLY clamoured for more regulation & control of the spiralling disaster. Especially notable was the Black Racist Obomination Maxine Waters who had the gall and effrontery to applaud Frank Raines, the Fannie CEO for his exemplerary performance when he was literally DESTROYING Fannie Mae. You will also see on that video how 1/2 a dozen, or so Republican Congressman strenuously objected to what was happening.....to no avail. And, of course we have that wierdo Bwarney Fwank, Chairman of the House Finance committee assuring the Nation that all is honky dory with F & F.

Interesting that when the F&F Scheme collapsed, Frank Raines, CEO of Fannie walked off with a TWO HUNDRED MILLION DOLLAR BONUS. And, Johnson, reputedly got the same.

But, what was even more noteworthy is that BOTH of these Despicable Buttholes IMMEDIATELY got TOP POSITIONS in Obami Salami's Cabinet. Frank Raines became CHIEF FINANCIAL ADVISOR....and JOHNSON was the Head of the Commitee for chosing the next Veep.

However, both of these Contemptible Scoundrels evaporated into the DEM Financial Heaven when the Spotlight of Public Attention was turned on them.

 

Addendum: After the collapse of the F&F Scam, three of the Corrupt Congressional Black Racist Caucus members: Gregory Meeks (D, NY), Lacy Clay (D, Missouri), Artur Davis (D, Alabama) apologized to Dubya's representatives for their verbiage and behaviour during the Youtube video: Fannie Mae/Freddie Mac (Congressional) Hearings (2004). The Despicable POS Maxine Waters (D, CA), predictably, did not. O'Reilly wiped the floor with Bwarney Fwank on his show when this contemptible wierdo attempted to lie himself outa the F&F mess.

 

I am shocked to the core that FINALLY the LIEberrhoidal idiots, apparently, have came to the realization that LYING, obfuscating, or distorting facts when presented IRREFUTABLE EVIDENCE is not advisable.

Not advisable when presented the IRREFUTABLE EVIDENCE.

Of course, Obami Salami will continue to repeatedly accuse Dubya for the wrecked Financial State of our Economy. And, to deflect, and protect, his completely CATASTROPHICALLY DISASTROUS Obamarrhoidal Agenda which managed to spend more than $5 TRILLION dollars in ONE term when Dubya spent $4 Trillion in TWO terms.

 

Not only just Bush was responsible, but also the politically-based power structure set up around him.

 

An unsubstantiated opinion that can't factually refute a SINGLE factual assertion in over 20 paragraphs of IRREFUTABLE FACTS about LIEberrhoidal and DEM HYPOCRISY & TREACHERY is deserving to be tossed into the nearest toilet bowl and flushed to the sewers where it belongs.

 

150 years later and we still blame James Buchanan for setting the stage for the next President to deal with a Civil War. The same will apply to Bush for decades to come. Your little rant changes nothing.

 

Bull! It was the Tea Party, and I can prove in two posts.

2004 Democratic Platform:

"Average family debt is higher than ever. And as they lose the struggle to make ends meet, one out of every seven middle class families may be bankrupt by the end of the decade...over time, fiscal discipline saves families thousands of dollars on their mortgages and credit cards.”

How exactly does a balanced budget prevent too much family debt, or a National Treasure Sweepstakes hidden in the attic, or does it just allow for an easier bailout?

The funny National Treasure Sweepstakes hidden in the attic:

“You have probably caught that Visa credit card commercial in which a wily wife hides her many shopping sprees under the bed and up in the attic, all out of sight from her clueless husband.
The punch line is that she could have won all that stuff she rung up on the plastic. But the reality behind such behavior is hardly a laughing matter.” (Rene a. Guzman, San Antonio Express-News Jan. 12, 2005 12:00 AM)

Neither Congress people Feeney or Kosmas responded to this suggestion:

"No creditor shall issue debt to any household which could exceed a 36% debt to income ratio, without the written knowledge and consent of both spouses or domestic partners in the household and each and every creditor the household already owes."

"Your debt-to-income ratio
36% or less: This is a healthy debt load to carry for most people.

37%-42%: Not bad, but start paring debt now before you get in real trouble.

43%-49%: Financial difficulties are probably imminent unless you take immediate action.

50% or more: Get professional help to aggressively reduce debt.

Source: Gerri Detweiler, author of The Ultimate Credit Handbook"
http://www.usnews.com/usnews/biztech/tools/modebtratio.htm

"WILLIS: A truck driver, Bernita saved up $14,000 to close on a six-bedroom house. Purchase price -- $180 grand. She thought she got a deal on her first loan, a two-year adjustable rate mortgage at 8.375 percent. Her monthly payments -- $1,200." http://transcripts.cnn.com/TRANSCRIPTS/0803/28/siu.01.html

I know someone who lives in a nearby hood, who I used to howl at the moon with in those woods before they became houses for professionals given to truck drivers with ARM's to babysit a housing glut or bubble Greenspan said did not exist in 2004. And my friend said they were living in empty houses. When the price of milk and other food went up due to feed prices rising due to unregulated ethanol production Senator Obama voted for, and the price of gas went up, they folded.

Absolutely nobody stole a loan, they were all given loans by irresponsible lenders who had no laws from a Republican Congress preventing too high of a debt-to-income ratio:

"BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM DivisIoN OF BANKING SUPERVISION AND REGULATION Date: September 30, 2005:"
"Another parameter that could be combined with LTV ratios to determine capital requirements might be a capacity measure such as a debt-to-income ratio." http://www.federalreserve.gov/BOARDDOCS/PRESS/BCREG/2005/20051006/Basel1Amemo.pdf

"The Charles Schwab Corporation ("Schwab,,)l appreciates the opportunity to comment on the Advance Notice of Proposed Rulemaking ("ANPR") issued by the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation and the Office of Thrift Supervision (together, the "Agencies") regarding proposed revisions to the Agencies' existing domestic risk-based capital rules...

...P. 14 Another parameter that could be combined with LTV ratios to determine capital requirements might be a capacity measure such as a debt-to-income (DTI) ratio. The Agencies seek comment on (1) the use of an assessment mechanism based on LTV ratios in combination with credit assessments, debt-to-income ratios, or other relevant measures of credit quality; (2) the impact of the use of credit scores on the availability of credit orprices for lower income borrowers, and (3) whether LTVs and other measures of credit worthiness should be updated annually or quarterly and how theseparameters might be updated to accurately reflect the changing risk of a mortgage loan as it matures and asproperty values and borrower's credit assessmentsfluctuate. While we do support the use of combining LTV and industry standard FICO type credit scores in a risk-weighted capital guideline, as noted above, we do not support the inclusion of a capacity measure such as debt-to-income ratio (DTI). Our concern regarding the inclusion of such a measure is two-fold: (1) DTI is a much more subjective measurement than LTV or FICO score, and is not consistently calculated and applied by all lenders. Different lenders will calculate both income and debts using various guidelines. Additionally, some lenders will base DTI calculations only on verified income, while others may rely on stated income. There is too much variability in how this measurement is calculated and applied for it to be a meaningful guide to risk-based capital guidelines. And, (2) statistics have shown that DTI is a much less robust predictor of probability of default, or loss given default, than FICO scores and LTVs.

We do not believe that the use of credit scores in the risk-based capital guidelines will have a negative impact on the availability or price of credit to lower income borrowers. While the cost of capital can generally affect loan availability and price, we do not believe that applicant income is necessarily correlated with credit score. Many applicants with lower incomes have acceptable credit scores, while many applicants with high incomes have unacceptable credit scores. Banks are motivated to grant loans to generate revenue and profit, and most banks have very progressive mortgage programs for lower-income and fIrst-time homebuyers. The Community Reinvestment Act provides additional motivation for banks to reach out to meet the credit needs of the low-to-moderate income borrowers in their assessment areas" (January 17,2006, http://files.ots.treas.gov/comments/3173270d-dbd0-4b64-b398-487753ad9f27.pdf )

"Fed to discuss max 50% debt-to-income ratio for borrowers, prohibition on 'stated-income' loans to subprime borrowers, and other new rules" (May 29th, 2007, 3:38 pm) http://mortgage.freedomblogging.com...ns-to-subprime-borrowers-and-other-new-rules/

That is 50% front ratio not back ratio DTI, which includes credit cards.

A search of the PDF files of the Federal Reserve discussing the 50% wanted lower around 42% ("37%-42%: Not bad, but start paring debt now before you get in real trouble"), but said they could not do it because they lacked the laws to do it.

When both houses of Congress were Republican, why did they not pass federal banking laws so the FED could have limited DTI to a safer percentage?

"If those under 21 can't get a co-signer, then they need to show they have the financial ability to pay off a credit card. Banks will determine that threshold.

Gone will be the stuffed bears, T-shirts, backpacks and water bottles that used to clutter credit card application tables on campuses, because the law also prohibits such tangible "inducements" to tempt students.

The law will continue to allow those under 21 to apply online for credit cards, but they still have to meet the tougher new requirements, according to Federal Reserve rules and banks." http://money.cnn.com/2010/02/19/news/economy/student_credit_cards/

Excuse me, Banks will determine that threshold, why not the law? And what about the co-signer?

Were those under 21 responsible for the "one out of every seven middle class families may be bankrupt by the end of the decade...over time, fiscal discipline saves families thousands of dollars on their mortgages and credit cards," were those under 21 responsible for the funny National Treasure Sweepstakes hidden in the attic, were those under 21 responsible for truck driver Bernita's ARM to buy a doctor's house, were those under 21 responsible for Charles Schwab Corporation rejecting debt-to-income ratio as a capacity measure, were those under 21 responsible for the Fed's max 50% debt-to-income ratio for borrowers?

According to my Tea Party member Sandy Adams "debt in a marriage" is a State matter, and the State Tea Party Member Dorothy L. Hukill did not respond to either the identical letter she got or the one forwarded to her by Sandy Adams.

Simply put, according to the Tea Party, since too high of a debt-to-income ratio is a State matter, and it is an irrefutable fact that too high a debt-to-income ratio was responsible for the destruction of the American Economy, therefore, nobody in the US Congress or White House can be blamed for the destruction of the American Economy.

How can the US congress regulate the value of money if household debt is a State matter?

 

Hahahaha.. Saddam was hauling his WMDs back and forth from Sudan to Syria rather than using them to fight.

The Iraq war was hatched in the 1990s via the dual citizen PNAC Neo cons and Netanyahu's Clean Break Strategey.

Bush just got sucked in.........

 

Your verbiage is crappola that doesn't refute any of my two points: (1) The Financial Debacle was caused by the Dem's suicidal control of the F&F Scam. And, (2) Dem's HYPOCRISY & TREACHERY, presenting the IslamoFascist Swine an opportunity to start the Iraqi Quagmire, guaranteeing them that they, the Dem's, had their back, by knifing Dubya in the back to win in the upcoming elections ....... after it was clear to the Dem's that Bush's TWENTY TWO DAY VICTORY IN IRAQ sealed their doom in the upcoming elections.

 

Your first two sentences mean didley dick in disproving any of my two points outlined in my OP-ed, or post to the Divine Comedy.

As to Bush being sucked in ........so were ALL the Major Intelligence Agencies of the World: Russia, England, France, Germany (not China, which didn't comment).

Including Clinton's CIA, and virtually ALL the Congressional Dem Leadership: Pelosi, Hanoi Kerry, KKK Byrd, Al Bore, The Dem's Moral Icon, The Chappaquidick Murderer Ted Kennedy, etc., etc., etc. Bush actually used the IDENTICAL VERBIAGE of the Dems (including Pelosi's WMD rant) to get Congressional approval for the Iraq War.

 

Your first two sentences mean didley dick in disproving any of my two points outlined in my OP-ed, or post to the Divine Comedy.

As to Bush being sucked in ........so were ALL the Major Intelligence Agencies of the World: Russia, England, France, Germany (not China, which didn't comment).

Including Clinton's CIA, and virtually ALL the Congressional Dem Leadership: Pelosi, Hanoi Kerry, KKK Byrd, Al Bore, The Dem's Moral Icon, The Chappaquidick Murderer Ted Kennedy, etc., etc., etc. Bush actually used the IDENTICAL VERBIAGE of the Dems (including Pelosi's WMD rant) to get Congressional approval for the Iraq War.

 

Yea, Shock and Awe and Mission Accomplished were a spectacle, no doubt about it. It was smart to tell the combat soldiers that the war was over, even though they would have to remain in Iraq and get their arms and legs blown off by IED's for the next 5 years.

 

Meaningless garble is not impressive.

And, the whacked out opinions of LIEberrhoidals have zero credibility .....except to other LIEberrhoidals.

 

This is all I have to say about this thread Bush and company lied. They lied to the international community, Congress, and Americans.

http://www.alternet.org/story/16274

Bush and company are nothing more than war criminals. The Congressional intelligence committee are just as responcible after the fact all should be prosecuted to the fullest extent of the law. Thats about the only thing I disagree with Obama with. Trying to absolve Bush and company of any wrong doing is clearly insane.

 

None of which woulda happened if the HYPOCRITICAL & TREACHEROUS DEMS didn't present the IslamoFascist Swine with a DIVIDED AMERICA in order to have a chance of winning the up-coming elections. And, in order to do that, start the Iraqi Quagmire, and thus, also, resurrecting the Afghanistan mess which became a problem as well.

 

You're seriously claiming that the Democrats approved the Iraq war to make Bush look bad????

Now that's plain dumb. The fact is that there was absolutely no reason to invade Iraq and Bush knew it, but he did it anyways.

 

What are you talking about? You think we get our news from a speech??? Our commanders tell us when we will leave and how. For example....in 2014 when Afghanistan comes down....if you think the military is coming home you have another thing coming. Only about 20% of the force is returning to the States. This was told to us by a commander and is within public knowledge (it was several months ago).

Personally I find the blame Bush tactics sad and pathetic. Obama hasn't even proven himself to be a quarter percent of the leader Bush was. Bush was far better.

 

Watch the Youtube tape "Fannie Mae & Freddie Mac Congressional Hearings. 2004" (google it) where the Congressional Black Racist Caucus members prevented Bush Representatives and the 1/2 dozen Republican congressman ON TAPE from enacting regulations that woulda PREVENTED the F&F Financial Debacle. With the wierdo Bwarney Fwank (the House Committee Chairman of Finance which controls the F&F SCAM) assuring the Nation (ON TAPE) that the F&F Scam was honky dory. The unindicted FELON Sen Chris Dodd (the one who was blatantly bribed and the media reported that on National TV) was Chairman of the Senate Financial Committee.....was ALSO instrumental in the F&F Scam since that was part of his bribe.

READ THE OP-ED before you mouth off with your nonsense.

 

READ THE PHUCKING OP-ED BEFORE YOU MOUTH OFF YOUR LIEBERRHOIDAL CRAP !!!

The YOUTUBE VIDEO, as indicated in detail....AGAIN, in my post to TaraAnne above confirms what I stated ON TAPE !!!

DO THE LIEBERRHOIDALS ACTUALLY THINK THEY CAN LIE THEIR WAY OUT OF THE TRUTH WHEN IT IS ALL ON TAPE ?!?!? ARE THEY ACTUALLY THAT ARROGANTLY STUPID ?!?!?

 

Bush and company are war criminals I see you have a hard time handling that. Also the housing market was doomed to crash way before that. Try late 90 when Glass Stegall was replaced. This had nothign to do with the Dems in 2004 what it had to do with is a bunch of Republicans bought off by banks and a Dem President. I see that history and facts are beyond your grasp?

 

Bush and company are war criminals I see you have a hard time handling that. Also the housing market was doomed to crash way before that. Try late 90 when Glass Stegall was replaced. This had nothign to do with the Dems in 2004 what it had to do with is a bunch of Republicans bought off by banks and a Dem President. I see that history and facts are beyond your grasp?

 

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