Wednesday, September 5, 2012

Obama suffers amnesia blaming Bush for economy

"In the current narrative presented by Democratic Party operatives, the banking industry collapse of September 2008 was caused by tax cuts under George W. Bush and supply-side economics tracing back to the era of Ronald Reagan.

The narrative, however, ignores the personal responsibility Barack Obama and Democratic Party operatives played in creating the subprime mortgage market, beginning with the passage of the Community Reinvestment Act of 1977."     [WND]

This article provides a solid review of the facts.   Share it with your liberal minded friends.....
[clipper]

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