Originally Posted by Guest

Lest we forget. When "W" Bush was President he signed off on almost all the legislation that came before him. Deregulation of the investment banking industry being one of them. Fueled by terminal greed and consumer ignorance, people with $40,000 household incomes were suddenly qualified for $400,000 mortgages. Not a problem, these mortgages were insured and if the buyer defaulted the insurer would reimburse the lender. These insured mortgages were sold to large investors including governments who thought they were covered. Defaults started and the insurers couldn't cover the losses. Therefore, the "Great Recession". Markets collapsed. Thankfully, the Bush administration had folks who figured out a bailout. When Obama was voted in he inherited the problem. He was elected because America was in a panic and didn't trust another Republican. Obama's reward is many Republicans took an oath to the Party that the President would fail. Kinda UnAmerican, but appealing to many. Not enough jobs created. Obamas fault. Now we have Trump. America believed that despite a history of bankruptcies, lawsuits and failure to pay contractors , he has the skills America needs to "MAGA". "Past performance is no indication of future results"???