30 Dec 2021 11:39 am
My apologies. You were indeed speaking of a different matter.Cannonpointer » 30 Dec 2021, 12:09 am » wrote: ↑ I believe we are discussing different disbursements.
I am talking about the socialist giveaway that broke the bank in the first place - not the "loans" that you've been convinced (and I have not) were repaid.
You couldn't be more wrong. Your confirmation bias is showing. The video you refer too, which was spread to you by left-wing propagandists, is a video detailing a 1/2 Billion dollar government program 6 years earlier which was basically another example of socialist welfare entitlements. If your confirmation bias and cognitive dissonance has so strong a grip on your reasoning I suggest you take a break from Google searches which are worded in such a manner as to only expose you to more such drivel. You lack the ability to filter such material through an unbiased lens and your ability to fine tune your google searches to the exclusion of more reasonable assessments is too refined.
No sane person would fall for the notion that $1/2 Billion dollars in entitlements brought down the entire financial system of the US. This amount wouldn't be sufficient to take down Liechtenstein, let alone the US financial system. Furthermore, the government program touted in the video as proof W Bush was responsible for the financial collapse doesn't even involve the Financial Industry. It was merely a transaction inside the balance sheets of the Federal Government. And a minor transaction at that. The US Government gives away $1/2 Billion in social programs every hour of every day. Even though this has NOTHING to do with the Financial Industry even if it did, FOREX volume is I believe somewhere around 8 Trillion US$ per day.
What you regurgitated in the video here was another attempt by the left-wing propagandists to shift the blame away from their policies and attach it too their ideological adversaries in such an obvious and feeble manner I question your ability to think for yourself. What they did (AFTER THE FACT) was attempt to wipe the egg of their face by searching for any material in the record in which W Bush mentioned anything to do with housing and the poor. They found an incredibly minor and irrelevant $1/2 Billion giveaway and threw it out there, knowing this was all you needed and your confirmation bias and cognitive dissonance would ignore all reasonable consideration, fail to do your own analysis, and you were OFF TO THE RACES.