I am not a fan of former President
During the last two years of Mr. Bush's presidency both the Senate and House had Democratic majorities, and the policies enacted by that
The policy of forcing banks to give loans to people who could not afford them was pushed by Democratic Rep.
Many banks sold the bad loans to other investors mixed with some good loans, which magnified the problem. If the banks had never been forced to make the bad loans in the first place, the bailout would not have been needed.
Mr. Bush did warn these loans were bad for the economy, but he was told that he did not want to help poor people. He should have ignored the criticism and tried harder to stop the Democrats from ruining the economy.
The editorial suggests that President
Yet instead of quickly ending the
Unemployment is still high, the economy is in poor shape, the Middle East is in chaos and one of our ambassadors has been murdered. It is time to stop blaming Mr. Bush.
Stanley J. Glinka,