In a way this is Bill Clinton's fault

[Winterblues]

He kept Greenspan on as head of the Fed and this all began under Greenspan. From the moment Greenspan was first placed he put Party above doing the right thing. Clinton with his zeal for uniting a country horribly torn apart with partisanship bickering kept a few key Republicans in place. He should not have done so, IMO

[EmilyAnne]

1. I agree, but that was almost 8 years ago. Still, I am even more relieved that Hillary Clinton was

not nominated because I think there would be too much time spent bashing Bill Clinton's role in this. Remember the amount of time spent connecting her to Bill's support of NATO?

[aquart]

6. Is it guilt?

That forces the gratuitous Clinton bash no matter what the circumstances?

[Horse with no Name]

16. actually it is a kneejerk reaction

Where exactly do you think all these "new" posters came from?

[Gman]

2. You forgot to blame Obama too

and of course, it's all Hillary's fault. None of them have a place in the Democratic Party, do they?

[Winterblues]

7. I am one of the Clinton's strongest supporters but Bill did a few things I did not agree with.

This happened to be one of them. Greenspan did everything in his power to sabatage Clinton's Administration. So did the head of the FBI at the time..I believe it was Mueler but I could be mistaken but I remeber them being extremely Partisan and out to undermine Clinton's Administration..

[MichiganVote]

3. Oh hell, why not just go back to God and the Garden of Eden.

[SammyWinstonJack]

8. ...

:evilgrin:

[rpannier]

4. Ahhh...Another DUer jumps pn the Blame Bill Express

[iheartmulletz]

17. I'm not on the train myself, but here's a word for you:

NAFTA.

Are you happy about that? See, I am pissed about the Clintons' behavior towards Obama during this race, but that doesn't cloud me towards his accomplishments. We had a sound economy when he left office and now it's in the crapper (to be kind). But NAFTA sucks the big one and Perot warned us in 1992.

[liberalmuse]

5. Clinton and Greenspan worked quite well together.

Greenspan got the credit that really should have gone to Clinton during the '90's.

It comes down to Greenspan being a tool. Even though he questioned Bush's economic policy and his very judgment, in the end, he did as he was told. Both Greenspan and Powell could have been decent men, but they lacked character, courage and conviction to stand up for what was right when it would have made a difference.

[mike_c]

9. every president since Eisenhower shares some of the responsibility...

...as far as I'm concerned. This crisis has been a long time coming, but it has its roots deep within decisions to keep America and especially the MIC on a wartime economy after World War Two. That began the cycle of consumerism for the sake of growth and the modern cycle of wealth concentration that has culminated in CEOs being worth 400 time more compensation than the mean compensation for a company's workers. Not to mention the creation, and then the harvesting, of one of the largest middle classes on Earth.

[livelongandprosper]

10. It started with the abnormally low interest rates during the

last recession. Especially after 9/11.

And face it: nobody forced anyone to borrow. Average people became greedy, too. Not just CEOs.
They looked at the low interest rates and wanted homes as quickly as possible regardless whether they could afford to pay for them or not. It was just another period of irrational exuberance.

[davidwparker]

11. The destruction of the USA started with Reagan. Clinton seemed to be a

bright spot, but things done then, too, have helped us get where we are today.

In these past 8 years, I've gone from fan to someone who turns the channel when he is on. He's now just one of many that sold us down the river.

[zbdent]

12. Greenspan was in place before Clinton was ...

Clinton felt that Greenspan was doing a good job ... and kept him on ...

[Winterblues]

13. And that is exactly my fault with Clinton

Greenspan was not doing a good job. He was and is a Partisan hack. Clinton kept him on because all the Republicans praised him so highly. Greenspan was a major reason for our predicament today

[DainBramaged]

14. That was then this is now thanks for your CONCERN and PLACING blame

[ColbertWatcher]

15. You can live in a trailer filled to the ceiling with newspapers ...

... but it's the asshole who falls asleep smoking a cigarette who should be blamed for burning the place down.

Don't blame Clinton (or anyone else for that matter, including Greenspan) for the GOP's inability to govern.

Remember, the GOP had the authority and opportunity to do something before 9/11 and chose not to.

The GOP had the authority and opportunity to use other means to minimize any "threat" from Iraq and chose not to.

The GOP had the authority and opportunity to help people after Katrina and chose not to.

The GOP had the authority and opportunity to prevent these bank failures and chose not to.

This is simply what the GOP does; destroy the infrastructure built by liberals and then blame liberals when the GOP policies fail. Like they always do and always will.

[DainBramaged]

18. Bravo (my feelings exactly)

[SaveOurDemocracy]

19. GMAFBAH

[NNN0LHI]

20. I bet it had something to do with his undershorts

Did you check?

Don

[QC]

21. Yes, let's minimize Bush's responsibility as much as possible. n/t

[libodem]

22. I think it's the money as debt concept

the banks have been packaging and selling air to each other for the last 8 years and as you say, for some time before that. The whole country has been ENRON'ed by these crooks. When ENRON got away with effing their shareholders don't think the Neocons were not watching and waiting for their turn.