Mitt Romney: George W. Bush And Henry Paulson Saved Country From Depression

It was Seamus who put him on the roof of the car, and hosed him down when his shit ran down the rear window.

Is that seriously all you got? You have to be the dumbest troll i've seen on here yet.

I didn't even get to read that person's comment.

tell the country that Shrub and his toady Paulson saved us from the great depression and that damn Obama is just screwing up the Bush recovery

you just have to shake your head in disbelief at everything that comes out of this friggin idiot's mouth.

or was this payback for the Jeb endorsement?

Rmoney/Bush 2012??????????

Dipshit doesn't remember history.

After a year of non-personhood in the Republican campaign, W. is back.

How inept.

electro-shock therapy, or drug testing. What next for Romney, psychotropic medication?

and just as we entered the ditch and began careening down the bank toward the very bottom, Bush and Henry woke up and grabbed the wheel. Makes perfect sense. Saved the country, right? All except for that little part about Obama winning the election, being the actual President, and pulling us out of the ditch, creating more private sector jobs in 3 years during the most difficult financial time in America's history since the LAST great depression, than Bush did in 8 years?

Mittens, you invoked Bush right after your team invoked Etch-A-Sketch. Are you truly insane?

Mitch Daniels who left our country with a surplus (yeah right). Mittens considers himself as a Christian, yes Mormon do, but like his fellow right winged Christians, lying comes with ease.

God does not like ugly actions and ugly speech.

To find people willing to say that

Hitler kept the Soviets from invading Czechoslovakia.

to blame for
if
they had
let us
get
into
itNEVERMIND! My watch is worth more than your house! hahaha, that was a joke! You don't really have a house!"

After all without the endorsement of W McCain/Palin might have actually won.

There hasn't been such historians as GOP spinmeisters since the reign of Stalin in Russia.

This one belongs next to the one about the New Deal being a failure.

With Reckless Fiscal Policy That Reduced Tax Revenue and Increased Military Spending


rocktivity

speculation in the price of oil?

Only to add them to the taxpayers' national credit card.

Then he disappeared to hide on his ranch.

It's almost like it was all according to plan!

... it was TARP that got the "Tea Party" going, right?

TARP was the Bush/Paulson bailout plan.

It seems like Rmoney is campaigning for Santorum today. First the Etch A Sketch comment from Mitt's consultant and now his defense of TARP.

Bush is seldom to be mentioned, but Hank Paulson? Never, ever, ever. It's as if he never existed.

Paulson's book read like one long apology for the bailout, but without any real admission that the deregulation of the financial services industry created the mess to begin with. It was interesting to read what he wrote about Obama and McCain, though. (Obama kept calling Paulson, talking to him about the crisis: McCain barely acknowledged one was ongoing.)

And, of course, the whole scam was run by people exactly like Mitt Romney. Looking forward to his analysis of how the crisis came about. Probably involves Fannie and Freddie.

as saying Sarah Palin Saved us from certain doom.

his country club buddies who partied with hookers and coke on the taxpayers bailout dime.

Save that is is exactly what the fools who voted for Bush want to believe, never mind that their boy got us INTO the depression.

Is it November yet?

Hope you don't mind me stealing that

the banks. Now all of a sudden it was Bush and TARP that saved the day.

That SOB is the biggest liar in the world!

He is so outrageous it's funny.

Every anti-Romney advertisement from now until the end of the election should reference Romney's inability to tell the truth.

If you would like to see more, please have a look at my journal.

You should be hired by Obama's staff.

Now, can we tie Jr. around Rmoney's campaign neck?

.....that's funny, I could have sworn it was shrub, hank the wank and Andreas' husband (the federal reserves' master meltdown architect) that caused the Great Recession President Obama had to mend....

....I don't believe slick willard, the rich wall street Mormon, is telling us the truth....can we trust a liar who now wants to put the economy right after he and his wall-street friends put the economy wrong?

As I have said before, one of Obama's greatest assets is the horrific field of candidates running against him.

http://crooksandliars.com/jon-perr/10-inconvenient-truths-about-debt-ceiling

3. George W. Bush Doubled the National Debt
Following in Reagan's footsteps, George W. Bush buried the myth of Republican fiscal discipline.

Inheriting a federal budget in the black and CBO forecast for a $5.6 trillion surplus over 10 years, President George W. Bush quickly set about dismantling the progress made under Bill Clinton. Bush's $1.4 trillion tax cut in 2001, followed by a $550 billion second round in 2003, accounted for the bulk of the yawning budget deficits he produced. (It is more than a little ironic that Paul Ryan ten years ago called the tax cuts "too small" because he believed the estimated surplus Bush eviscerated would be even larger.)


Like Reagan and Stockman before him, Bush resorted to the rosy scenario to claim he would halve the budget deficit by 2009. Before the financial system meltdown last fall, Bush's deficit already reached $490 billion. (And even before the passage of the Wall Street bailout, Bush had presided over a $4 trillion increase in the national debt, a staggering 71% jump.) By January 2009, the mind-numbing deficit figure reached $1.2 trillion, forcing President Bush to raise the debt ceiling to $11.3 trillion.

4. Republicans Voted Seven Times to Raise Debt Ceiling for President Bush
"Reagan," Vice President Dick Cheney famously declared in 2002, "proved deficits don't matter." Not, that is, unless a Democrat is in the White House.



As Donny Shaw documented in January 2010, Republican intransigence on the debt ceiling only began in earnest when Bush left the White House for good.

The Republicans haven't always been against increasing the federal debt ceiling. This is the first time in recent history (the past decade or so) that no Republican has voted for the increase. In fact, on most of the ten other votes to increase the federal debt limit that the Senate has taken since 1997, the Republicans provided the majority of the votes in favor.

As it turns out, Republican majorities voted to raise the U.S. debt ceiling seven times while George W. Bush sat in the Oval Office. (It should be noted, as Ezra Klein did, that party-line votes on debt ceiling increases tied to other legislation is not solely the province of the GOP.) As ThinkProgress pointed out, during the Bush presidency, the current GOP leadership team voted 19 times to increase debt limit. During his tenure, the U.S. national debt doubled, fueled by the Bush tax cuts of 2001 and 2003, the Medicare prescription drug plan and the unfunded wars in Iraq and Afghanistan. And Mitch McConnell and John Boehner voted for all of it and the debt which ensued because, as Orrin Hatch later explained:

"It was standard practice not to pay for things."

is to create the problem and then offer the solution. We now know that little boots wanted that war with iraq and would do anything to get it. We know that there were accountability problems with our money going to iraq. Halliburton before little boots was selected was not in good shape; however, with government lucrative contracts because of their bogus war with iraq, they've bounced back. Because of little boots and friends deregulatory practice, no matter who it hurt, predatory lenders had a field day, even in states where more stringent loan regulations in place. The reason, little boots turned his head while his "friends" basically screwed the proles-that includes enron screwing california.

and, some on this board, KNEW the shite was going to hit the fan on the economy. There's an ad being run in our area about the gas price before obama and after. Total bullshite!!! The gas price shown was when little boots first came into office (so, it's actually during clinton), and it has risen for eight long years while he was in office. Such a dishonest ad brought to you by the corporations.

My thought now, is little boots set up the scenario with tax cuts for the wealthy, funneling our money to private war profiteers, cutting state federal funds-increase wealth for his "constituents" while causing the environment to privatize government programs, getting rid of any regulatory device and cutting the social safety net. Then his vulture corporate friends, doesn't matter where they're from, can come in and feast on the leavings.

the teabaggers want to do the blame game. Before the 2008 election, little boots basically stated we're in trouble and y'all better do something or the whole world is going down. He and his friends set that up, not obama. Got it, freepers?

Oh, wait...not THAT sort of depression. Nevermind.

do'h...



stop the insanity X_X

look stupid on purpose?

Then hope no one notices.

Yes, let's link up to a guy you anuses have been avoiding like the plague for a year now, and rewrite history while doing so. A president that presided over the weakest stretch of job creation in decades, encouraged Wall Street and real estate chicanery and left billions on the table in yearly wealth giveaways (Tax Cuts for the Rich, we calls them) all of a sudden SAVED America seven years and 9 months into his term from a financial disaster HE created.

Makes perfect sense to ME. How about y'all??

It really IS amazing . . . this contest that Santurdum and RMoney are in. It's a contest to see who can one-up the other on incredibly stupid statements.

Funny thing though, President Obama comes out the winner in such a contest.

wait a couple of years, write some glowing books on reagan and have the media pump him up like he's the best thing ever to happen to america. Actually, reagan also increased the deficit, cut taxes, but had enough savvy to raise them when it didn't work. But, his trickle on economy aided in the environment we have now. We are supposed to be dependent on our "masters" for a decent job; and most of those "masters" are true greedy sociopaths that care less about providing decent jobs or if the whole country goes down the rabbit hole.

Reagan had a very bloody legacy; the death squads, the bogus assault on grenada. I will never forget the iran-contra, BCCI scandal. Brave journalists lost their lives attempting to tell us what was going down. The corruption is absolutely mind blowing and has also set up the environment we have today. They take most americans as fools-start any war for any reason and the proles will lap it up. Unfortunately, we have some americans who are bloodthirsty fools; who scream "usa, usa" who attack anyone not wearing a bogus "flag pin" or waving a flag; while they are being brought down economically. They don't realize that some of their wealthy masters, could give a damn about the country, as long as they can make a buck; that includes wall street.

...as well as visit from Mr. Reality.

I remember the atmosphere, somewhere between panicked and funereal, just in retail in the fall of 2008, close to eight years into the Bush presidency, during much of which Republicans controlled all three branches of government.

In fact, they caused it.

Mitt thinks enough time has passed that people have forgotten? Maybe he's right. Americans have shockingly short attention spans. And if Mitt repeats this BS often enough, we'll start seeing the comment pop up all over the place. FOX News will get right on it. Hey! Be bold! Don't wait! Re-write history now!!

He looked freshly sobered up and scared shitless..... I'm beginning to beleive Willard is a pathalogical liar - which completely explains his sucess in the mergers and acquisitions business.

through longer-term stimulus that Republicans opposed. Romney is also correct that Paulsen averted an economic collapse through crisis management (I think Bush just went along for the ride).

It is not an either/or situation -- both were necessary to prevent the kind of long-term depression that a collapse of the financial sector would have meant.

What Romney is not mentioning is that his own party would happily have stood by and watched the catastrophe unfold. There is a reason Paulsen had to get down on one knee and beg Nancy Pelosi for assistance. The Democrats came through because they understood the consequences.

n/t

And that is going to cause him to sink faster than the Titanic.

I wonder if Romney remembers 2008.
When Bush started this recession almost a full year earlier, according to most economists.

They'll believe it.

Republicon candidates can say anything they want because Republican voters are hateful and ignorant.

TARP was nothing but a give-way to the Banksters.