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As bad as Trump may be, he is still better than Bush.
RIP PEPFAR
at this point, Republicans are pretty much pro-disease and anti-public health
As bad as Trump may be, he is still better than Bush.
Trump isn't done yet, but it makes a certain amount of sense to say that.
The Iraq War, domestic surveillance, and the Gitmo gulag were all pretty bad decisions.
What did you have in mind?
Bush sucks
Iraq was a terrible mistake
Bush the drunk let the economic disaster occur at the end of his term. That downturn hurt me badly along with many others.
him.
The conventional wisdom about the great financial crisis of 2008 is that Clinton era financial reform (Gramm-Leach-Bliley, aka the Financial Modernization Act of 1999) allowed banks and other financial ins utions to start piling a bunch of money into derivative assets they didn't understand. The banks then failed to do due diligence on mortgage loans on which these derivative assets were based, blowing up a huge real estate bubble. In 2008 there was a liquidity crunch that started a wave of defaults in derivative assets. Once the market-makers realized what a fix they were in, they sold MBSs and CDOs (mortgage backed securities and collateralized debt obligations) even faster, while selling short against their customers. They basically broke our system of payment, and that broke the real estate market. We had to keep interest rates at zero for a decade and throw trillions in liquidity at the banks to muddle through.
I don't like GWB very much, but it's not really fair to blame him for 2008. That debacle goes down to greed, ignorance and financial fraud. The banks, non-banks and brokers ed us, then Obama saved the fraudsters and pissed backwards on the rest of us.
Truth to be told, Presidents and Congress seldom do anything that moves the macroeconomic needle that much. Smoot-Hawley is a notable counterexample.
Last edited by Winehole23; 01-28-2025 at 01:18 AM.
My recall is that your statement is correct. Bush did nothing though to head it off. He could have but did not.
You could be right, but I do not see how.
I am not using AI here so
To the best of my recollection action was needed years before the 2008 collapse. The warnings signs were there. Bush (lol he is/was too stupid to know any different) advisors failed to act then due to the pain that would had to have occurred. Plus Bush the drunk was letting Cheney and the war machine drag him around thus the distraction. Instead Bush the drunk let it all melt down.
Bush was a terrible president for sure.
I hadn't heard he was a drunk while he was president, where did you hear that?
Drunks good now tho.
more backpedaling, this time on AIDS medication
https://www.nytimes.com/2025/01/28/h...ar-freeze.html
He had a report on his desk that said bin Laden was looking to high jack planes and follow the example of the WTC attacks from the previous decade.
When he was told about the attack while sitting at the school on 9/11... I have no doubt he knew exactly who it was and how he had dropped the ball.
I'm sure Bandar Bush was able to debrief him on the inside baseball afterwards, but yeah, it was clear the operation was Saudi-based and staffed
ask anybody who was here contemporaneously, I posted thickly on the great financial crisis and its aftermath
I drew my take spontaneously from memory, believe it or not
Trump to his credit backpedals again
even the PEPFAR pause has life and death consequences
https://onlinelibrary.wiley.com/doi/...002/jia2.26433
but apparently compliance with the spirit of the limited waiver for PEPFAR and life-saving missions so far has been ~100% implied, not actual
humpty-dumpty -- USAID -- will not be reassembled
...I'll believe when I no longer see it for the next 5 years.
D's NEVER take (no) for an answer. Ever. It's their religion.
they say agency heads are responsible for any cuts, but when people push back on DOGE they get pushed out, like this guy who just got put on administrative leave
Musk/Trump AIDS pogrom, tbh
https://www.nytimes.com/interactive/...smid=url-shareAn estimated 1,650,000 people could die within a year without American foreign aid for H.I.V. prevention and treatment
...and we're over 36 trillion dollars in debt. Let these other countries stand or fall on their own.
I would no more believe that happy horse above than I would the man-in-the-moon.
"back of the napkin" style was declared
tough crowd
back from the dead?
https://storage.courtlistener.com/re...76293.77.2.pdf
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