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Bob K.
Hopkins, MN
11/08/2009 8:51 PM
"Explain why it isn't Bush's fault for this recession since the recession started in 2007 way before Obama took office" Obama had an elected office in the US Senate in 2007 and 2008(both Houses controlled by Dems) but was too busy to provide any solutions as he was running for President. He did not want to do anything to alleviate the situation as he wanted the worse scenario to happen, so he could make promises to the public into believing he had all the answers - but as we are now finding out - he doesn't. "Explain why Bush was a part and supported a bailout and stimulus package more than once." Explain to me how Tim Geithner was already temporary financing GS and AIG from the Fed Reserve District of NY at the beginning of January, 2007 and how he coordinated with Bernanke and Paulson to do the TARP, relieving the NY Fed Reserve by transferring the debt to the US Treasury. Remove the blinders Zachary, and see the whole picture - why Geithner was needed in this Administration, despite all of his background transgressions, as he designed the elements of the TARP Bailout while presdient of the NY Fed Reserve District. Geithner knew where he created the skeletons and where they could be discovered and wher they could be hidden or covered up. Example - http://nymag.com/daily/intel/2009/10/tim_geithner_chared_13_billion.html