Here is what you get from a Bush run government:
The FBI was aware for years of “pervasive and growing” fraud in the mortgage industry that eventually contributed to America’s financial meltdown, but did not take definitive action to stop it.
“It is clear that we had good intelligence on the mortgage-fraud schemes, the corrupt attorneys, the corrupt appraisers, the insider schemes,” said a recently retired, high FBI official. Another retired top FBI official confirmed that such intelligence went back to 2002.
The problem, according to the two FBI retirees and several other current and former bureau colleagues, is that the bureau was stretched so thin that no one noticed when those lenders began packaging bad mortgages into bad securities.
“We knew that the mortgage-brokerage industry was corrupt,” the first of the retired FBI officials told the Seattle P-I. “Where we would have gotten a sense of what was really going on was the point where the mortgage was sold knowing that it was a piece of dung and it would be turned into a security. But the agents with the expertise had been diverted to counterterrorism.”
One tracked mind Bush only thought “terra terra”, all the while something just as bad was happening here at home. The incompetence of Republican leadership drove us down this scary road of uncertain economic futures and they didn’t care. Yeah America hasn’t been attacked, but America may never be what we once knew either. Instead we could be reduced to the same as a third world nation.
Despite all that, what really gets me is how much Bush said he was “protecting the people”. Well the people needed protected from these fraudsters and Bush was MIA. The single job Bush claimed he was doing he failed at. That is his legacy. And on top of that his own party that supported him so blindly for the last eight years is trying to block any help for our nation. I’m sure Osama wants to send a big thank you letter to the Republican leadership and George Bush. They made his job pretty damn easy.