Successful Developments: Yours & Mine

Friday, February 13, 2009

George Bush tried to Warn Congress in 2002 that Economic Crisis Was Coming

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Developers:

If you remember, I wrote an article about the Housing Situation on July 28, 2008: http://thedevelopersadvocate.blogspot.com/2008/07/real-estate-what-is-being-said-and-done.html

Today, I got a very interesting email saying the current economic situation was predicted and discussed by the U.S. Government in 2002.

"Timeline shows Bush, McCain warning Dems of financial and housing crisis; meltdown"

"This video shows that George Bush tried to warn Congress in 2002 that this economic crisis was coming, if something was not done. But congress refused to listen, along with Barney Franks. This video says it all .

Also, the liberal AMERICAN media did not want this video on You Tube, so they had Time Warner threaten a law suit (proprietary rights) if it was not taken off.

This link is of the same video but is routed through Canada . Everyone in America needs to see this!"

http://www.youtube.com/watch?v=cMnSp4qEXNM



As you can see... this situation did not happen overnight and will not get fixed overnight either.

Until next time...

Girard Frank Bolton, III.
The Developers Advocate

p.s. - New Information: from twitter member @jmb_recommends: interesting chart created for members of congress listing various causes of the economic crisis: per @planetmoney http://tinyurl.com/2000Crisis - gfb3
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