NY Times Blames Bush For Economic Crisis

The NY Times has proven once again that they are hacks and should be out of business. They wrote an article that dared to blame President Bush for the economic Crisis when it was Clinton who gave the Community Reinvestment Act teeth, so that they could force banks to loan money to people that had no business applying for loans to begin with.

Bush tried to pass legislation to curb what was going on at FannieMae and the Democratic leadership ignored it. They held hearings in the banking committees which are run by democrats, and they praised FannieMae, that idiot Barney Frank and Maxine Waters were leading the way for the all is well parade.

Democrats love nothing more than to blame people, especially if they are the ones at fault. They have to blame somebody because after all they are the party of moral irresponsibility and that of course flows right into their professional lives where they take responsibility for nothing that is bad. They are all too happy to take credit for anything good that happens, even if they didn't have anything to do with it, ie, see Clinton taking credit for Bush policies at the beginning of his tenure in the white house that created economic growth.