Q: Sir, was the government too slow, in this case, to recognize the subprime mortgage problem? And what specific expects — do you expect to see with the economy on the proposals that will be coming later this week?
BUSH: We've been working on this since August. And ours is a belief that, one, we shouldn't bail out lenders. And so, in other words, we shouldn't be using taxpayers' money to say, OK, you made a lousy loan, therefore we're going to subsidize you.
No, that's true. The gubment shouldn't use it's considerable resources to protect bidnesses that make bad loans. And taxpayers shouldn't subsidize someone who made a bad loan.
Which makes me wonder why taxpayers had to shell out $1.3 billion dollars--and those are 1990 dollars--to bail out Neil Bush for making a bunch of bad loans to his business partners???
Oh, that's right! Because the entire Bush dynasty is a bunch of corrupt, dishonest, frauds who would say anything or do anything to take as much money as humanly possible out of your pockets and put them in their own.
One can only assume that no Bush's were making lousy loans this time around.