19 Feb 2014 2:50 pm
On the basis that you said that Bush only slightly expanded liberal lending policies.RichClem » 19 Feb 2014 2:39 pm » wrote: On the basis of what, that I'm factually correct?
That I caught you in another of countless blatant lies?
What?
Google Bush's Home Ownership Society and you will see that it was one of his main priorities.
And if he really wanted to reform Fannie and Freddie, there was nothing to stop him.
His party had control of Congress.
Bush did foresee the danger posed by Fannie Mae and Freddie Mac, the government-sponsored mortgage finance giants. The president spent years pushing a recalcitrant Congress to toughen regulation of the companies, but was unwilling to compromise when his former Treasury secretary wanted to cut a deal. And the regulator Bush chose to oversee them - an old school buddy - pronounced the companies sound even as they headed toward insolvency.
http://www.nytimes.com/2008/12/21/busin ... d=all&_r=0