Why did BUSH just sit and do nothing as Americas financial structure was

No he didnt, Barney Frank, Dodd and others did with the F&F fiasco, "A home for everybody, whether you could pay for it or not"
They practically crucified the regulator when he wanted to put the brakes on to their practices. Dodd got a real sweet mortgage to boot.
 
No he didnt, Barney Frank, Dodd and others did with the F&F fiasco, "A home for everybody, whether you could pay for it or not"
They practically crucified the regulator when he wanted to put the brakes on to their practices. Dodd got a real sweet mortgage to boot.
 
He wasn't just sitting around, he was really busy, just ask YOUR President Obama, he is not doing a great job EITHER! Bet you won't accuse him of sitting on his butt?
 
It is the quintessence of free market aka "laissez-faire" capitalism to let the markets self-correct in the most destructive way possible (Murphy's Law). Bush was ideologically incapable to respond to a crisis he could not see as a crisis.

But in fairness, reagan started the dismantling of socialist safeguards. About the only thing they did not remove was deposit insurance.
 
no no no no you have it all wrong.

People have the mistaken impression that Bush failed.

Bush in his eyes is a great success.

He and Cheney in their eyes........its







MISSION ACCOMPLISHED !!!!!

you have to follow the money to know what I am saying.
 
He sat around and did nothing because he, just like Herbert Hoover, thought that the recession would turn around by itself. Bush should have listened to history, because if the recession had happened before his second term, John Kerry would've become President, and we would have ended the wars in Iraq and Afghanistan much sooner.
 
remember bush had a democratic congress,and it was clinton who deregulated the housing loans to screw everything up so not all bushes fault
 
remember bush had a democratic congress,and it was clinton who deregulated the housing loans to screw everything up so not all bushes fault
 
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