2010-01-20, 10:18 PM
Devil Wrote:Afaik, the Bush administration are the ones who are responsible for -allowing- banks to give out those loans by making this possible with -removing- those safety laws during his administration.
So yes, Bush heavily envolved and responsible for the current crisis... those safety regulations were there for a reason... now the world knows again why...
The crisis has been due to numerous factors. Economics is not action 1=outcome 1 so Bush is NOT held responsible. The economy has been going to the pooper for a good 40 years now and theres nothing that could've really been done to stop it other than a government take over, which was wrong, but hey.