It was Bush’s policies that created the mess, but (😱) it was Obama who allowed i) the bailouts the happen, ii) the actions to go unpunished, and iii) the system to continue.
You stated 2008, Obama wasn’t sworn in until January of 2009. I’m right, you just need to ask better questions. Also I expected this type of response since it seems like a bothsides was being setup. But please, do elaborate with the dates confused.
I also thought the Obama bailouts were largely if not completely repaid with interest, albeit with interest rates that were close to zero at the time.
Also Dodd-Frank was a good law and gave us the Consumer Financial Protection Bureau. Which until Trump and Doge killed it, was actually putting a small dent in financial crimes and credit card predators.
I don’t know the total amount repaid. AI suggested all but $15B, out of $426B paid out from the treasury. Also other guy said Clinton signed glass-steagall, minor note: he repealed* it.
Obama was far better than Trump and Bush, but I think he dropped the ball on that one, and on Russia’s annexation of Crimea. He was in a strong position to empower the people, but he kinda left the door open for authoritarianism.
Was it the best decision to continue Bush era policy, hang millions of families out to dry, deny accountability, and allow neoliberals to pursue their mythical infinite growth? Just… bygones?
I agree that the ballots should have focused on fixing the inequality and should have fucked the billionaires who caused these problems.
Ukraine was trickier at that time though. They were still uncertain who was going to run Ukraine. Poroshenko was a bit questionable but at least started to defend Ukraine, but had serious problems with corruption too if I recall. Zelenskyy wasn’t in power yet and propping up the wrong guy was risky.
The problem is that the Obama team never seemed to think Trump had a chance and figured Clinton would be able to work on all the problems it was in the middle of. That was the biggest mistake of his presidency IMO. that and allowing McConnell to steal the Supreme Court
Guess again.
It was Bush’s policies that created the mess, but (😱) it was Obama who allowed i) the bailouts the happen, ii) the actions to go unpunished, and iii) the system to continue.
https://youtu.be/wb9qikdg3M0&t=14m20s (FD Signifier)
You stated 2008, Obama wasn’t sworn in until January of 2009. I’m right, you just need to ask better questions. Also I expected this type of response since it seems like a bothsides was being setup. But please, do elaborate with the dates confused.
I thought Bush signed the TARP law to give bailouts and Obama signed Dodd Frank that cut the amount of the bailout.
I also thought the Obama bailouts were largely if not completely repaid with interest, albeit with interest rates that were close to zero at the time.
Also Dodd-Frank was a good law and gave us the Consumer Financial Protection Bureau. Which until Trump and Doge killed it, was actually putting a small dent in financial crimes and credit card predators.
I don’t know the total amount repaid. AI suggested all but $15B, out of $426B paid out from the treasury. Also other guy said Clinton signed glass-steagall, minor note: he repealed* it.
Obama was far better than Trump and Bush, but I think he dropped the ball on that one, and on Russia’s annexation of Crimea. He was in a strong position to empower the people, but he kinda left the door open for authoritarianism.
Was it the best decision to continue Bush era policy, hang millions of families out to dry, deny accountability, and allow neoliberals to pursue their mythical infinite growth? Just… bygones?
I agree that the ballots should have focused on fixing the inequality and should have fucked the billionaires who caused these problems.
Ukraine was trickier at that time though. They were still uncertain who was going to run Ukraine. Poroshenko was a bit questionable but at least started to defend Ukraine, but had serious problems with corruption too if I recall. Zelenskyy wasn’t in power yet and propping up the wrong guy was risky.
The problem is that the Obama team never seemed to think Trump had a chance and figured Clinton would be able to work on all the problems it was in the middle of. That was the biggest mistake of his presidency IMO. that and allowing McConnell to steal the Supreme Court
glass steagal passed under clinton