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Posts Tagged ‘George W. Bush’


BREAKING: Terrorist leader Usama Bin Laden is dead!

Fox News reports:

Usama bin Laden is dead, putting an end to the worldwide manhunt that began nearly a decade ago on Sept. 11, 2001. The architect of the deadliest terror attack on U.S. soil was killed a week ago inside Pakistan by a U.S. bomb.

Statement from former President George W. Bush:

Earlier this evening, President Obama called to inform me that American forces killed Osama bin Laden, the leader of the al Qaeda network that attacked America on September 11, 2001.  I congratulated him and the men and women of our military and intelligence communities who devoted their lives to this mission. They have our everlasting gratitude.  This momentous achievement marks a victory for America, for people who seek peace around the world, and for all those who lost loved ones on September 11, 2001.  The fight against terror goes on, but tonight America has sent an unmistakable message:  No matter how long it takes, justice will be done.

Tonight is a great night. God bless American and our troops!

I will end this post with some Toby Keith:

The “Star Spangled Banner” being sung at Ground Zero in New York City:

*UPDATE* – May 2, 2011 – 11:55 PM.

The intelligence ultimately leading to Bin Laden’s death came from the enhanced interrogation of Khalid Sheikh Mohammed and Abu Faraj al-Libi:

Officials say CIA interrogators in secret overseas prisons developed the first strands of information that ultimately led to the killing of Osama bin Laden.

Current and former U.S. officials say that Khalid Sheikh Mohammed, the mastermind of the Sept. 11, 2001 terrorist attacks, provided the nom de guerre of one of bin Laden’s most trusted aides. The CIA got similar information from Mohammed’s successor, Abu Faraj al-Libi. Both were subjected to harsh interrogation tactics inside CIA prisons in Poland and Romania.

The news is sure to reignite debate over whether the now-closed interrogation and detention program was successful. Former president George W. Bush authorized the CIA to use the harshest interrogation tactics in U.S. history. President Barack Obama closed the prison system.

While President Obama showed a lot of courage for making the call to invade Bin Laden’s compound, it was ultimately President Bush’s policies (that Obama and the Left previously despised) that put this great accomplishment into motion.

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Wonder what you would find if you frisked House Speaker Nancy Pelosi (D) during a press conference on April 15, 2010?

Answer: She had the nerve to accuse the Bush Administration of not warning Congress about the potential financial crisis.

Truth is… She lied.

Talking Points Memo reports:

During her weekly press conference on April 15, a reporter asked Pelosi a seemingly innocuous question about taxes. Pelosi prefaced her response with a fairly standard litany: explaining the dire state of the U.S. economy inherited by President Obama and setting the blame at the foot of the Bush administration. But she also added this: “When [then-Senator Obama] accepted the nomination in Colorado, the [Bush] Administration had kept from the public the idea that, in a matter of weeks, the financial community would be in crisis, and we would need to pass the TARP legislation.”

Jim Hoft – from Gateway Pundit – battled back against House Speaker Pelosi’s outrageous lie:

But, what Speaker Pelosi failed to mention was that President Bush warned the Democratic Congress 17 times in 2008 alone about the systemic consequences of financial turmoil at Fannie Mae and Freddie Mac and also put forward thoughtful plans to reduce the risk that either Fannie Mae or Freddie Mac would encounter such difficulties.

Unfortunately, these warnings went unheeded, as the President’s repeated attempts to reform the supervision of these entities were thwarted by the legislative maneuvering of those who emphatically denied there were problems.

It is time to set the record straight, because this is an issue that infuriated me during my last year at Michigan State University and still does. Former President George W. Bush might not have been your favorite president, but we cannot continue to ignore the facts of what actually occurred during the past nine years. In reality, former President Bush warned Congress numerous times about Freddie Mac and Frannie Mae and the potential destruction of our economy they could cause. Unfortunately, the economy ended up sinking into a recession right before the 2008 election.

Democrats – and Republicans – ignored the Bush Administration’s warnings, but does that stop them from playing petty politics and attempting to toss the entire financial crisis on to former President Bush? Nope. And don’t forget… Then-Senator Obama ignored the administration’s warnings, but will he remind the American public about that today? Not at all.

This is for the ignorant liberals – especially college students – who continue to fabricate their unintelligent arguments with the strategy of “Blame Bush”:

On September 19, 2008, The White House released this list of attempts by President Bush to reform Freddie Mae and Freddie Mac since he took office in 2001. Unfortunately, Congress – notice it’s not Bush – did not act on the president’s warnings:

2001

April: The Administration’s FY02 budget declares that the size of Fannie Mae and Freddie Mac is “a potential problem,” because “financial trouble of a large GSE could cause strong repercussions in financial markets, affecting Federally insured entities and economic activity.”

2002

May: The President calls for the disclosure and corporate governance principles contained in his 10-point plan for corporate responsibility to apply to Fannie Mae and Freddie Mac.  (OMB Prompt Letter to OFHEO, 5/29/02)

2003

January: Freddie Mac announces it has to restate financial results for the previous three years.

February: The Office of Federal Housing Enterprise Oversight (OFHEO) releases a report explaining that “although investors perceive an implicit Federal guarantee of [GSE] obligations,” “the government has provided no explicit legal backing for them.”  As a consequence, unexpected problems at a GSE could immediately spread into financial sectors beyond the housing market.  (“Systemic Risk: Fannie Mae, Freddie Mac and the Role of OFHEO,” OFHEO Report, 2/4/03)

September: Fannie Mae discloses SEC investigation and acknowledges OFHEO’s review found earnings manipulations.

September: Treasury Secretary John Snow testifies before the House Financial Services Committee to recommend that Congress enact “legislation to create a new Federal agency to regulate and supervise the financial activities of our housing-related government sponsored enterprises” and set prudent and appropriate minimum capital adequacy requirements.

October: Fannie Mae discloses $1.2 billion accounting error.

November: Council of the Economic Advisers (CEA) Chairman Greg Mankiw explains that any “legislation to reform GSE regulation should empower the new regulator with sufficient strength and credibility to reduce systemic risk.”  To reduce the potential for systemic instability, the regulator would have “broad authority to set both risk-based and minimum capital standards” and “receivership powers necessary to wind down the affairs of a troubled GSE.”  (N. Gregory Mankiw, Remarks At The Conference Of State Bank Supervisors State Banking Summit And Leadership, 11/6/03)

2004

February: The President’s FY05 Budget again highlights the risk posed by the explosive growth of the GSEs and their low levels of required capital, and called for creation of a new, world-class regulator:  “The Administration has determined that the safety and soundness regulators of the housing GSEs lack sufficient power and stature to meet their responsibilities, and therefore…should be replaced with a new strengthened regulator.”  (2005 Budget Analytic Perspectives, pg. 83)

February: CEA Chairman Mankiw cautions Congress to “not take [the financial market’s] strength for granted.”  Again, the call from the Administration was to reduce this risk by “ensuring that the housing GSEs are overseen by an effective regulator.”  (N. Gregory Mankiw, Op-Ed, “Keeping Fannie And Freddie’s House In Order,” Financial Times, 2/24/04)

June: Deputy Secretary of Treasury Samuel Bodman spotlights the risk posed by the GSEs and called for reform, saying “We do not have a world-class system of supervision of the housing government sponsored enterprises (GSEs), even though the importance of the housing financial system that the GSEs serve demands the best in supervision to ensure the long-term vitality of that system.  Therefore, the Administration has called for a new, first class, regulatory supervisor for the three housing GSEs:  Fannie Mae, Freddie Mac, and the Federal Home Loan Banking System.”  (Samuel Bodman, House Financial Services Subcommittee on Oversight and Investigations Testimony, 6/16/04)

2005

April: Treasury Secretary John Snow repeats his call for GSE reform, saying “Events that have transpired since I testified before this Committee in 2003 reinforce concerns over the systemic risks posed by the GSEs and further highlight the need for real GSE reform to ensure that our housing finance system remains a strong and vibrant source of funding for expanding homeownership opportunities in America… Half-measures will only exacerbate the risks to our financial system.”  (Secretary John W. Snow, “Testimony Before The U.S. House Financial Services Committee,” 4/13/05)

2007

July: Two Bear Stearns hedge funds invested in mortgage securities collapse.

August: President Bush emphatically calls on Congress to pass a reform package for Fannie Mae and Freddie Mac, saying “first things first when it comes to those two institutions.  Congress needs to get them reformed, get them streamlined, get them focused, and then I will consider other options.”  (President George W. Bush, Press Conference, The White House, 8/9/07)

September: RealtyTrac announces foreclosure filings up 243,000 in August – up 115 percent from the year before.

September: Single-family existing home sales decreases 7.5 percent from the previous month – the lowest level in nine years.  Median sale price of existing homes fell six percent from the year before.

December: President Bush again warns Congress of the need to pass legislation reforming GSEs, saying “These institutions provide liquidity in the mortgage market that benefits millions of homeowners, and it is vital they operate safely and operate soundly. So I’ve called on Congress to pass legislation that strengthens independent regulation of the GSEs – and ensures they focus on their important housing mission.  The GSE reform bill passed by the House earlier this year is a good start.  But the Senate has not acted.  And the United States Senate needs to pass this legislation soon.”  (President George W. Bush, Discusses Housing, The White House, 12/6/07)

2008

January: Bank of America announces it will buy Countrywide.

January: Citigroup announces mortgage portfolio lost $18.1 billion in value.

February: Assistant Secretary David Nason reiterates the urgency of reforms, says “A new regulatory structure for the housing GSEs is essential if these entities are to continue to perform their public mission successfully.”  (David Nason, Testimony On Reforming GSE Regulation, Senate Committee On Banking, Housing And Urban Affairs, 2/7/08)

March: Bear Stearns announces it will sell itself to JPMorgan Chase.

March: President Bush calls on Congress to take action and “move forward with reforms on Fannie Mae and Freddie Mac. They need to continue to modernize the FHA, as well as allow State housing agencies to issue tax-free bonds to homeowners to refinance their mortgages.”  (President George W. Bush, Remarks To The Economic Club Of New York, New York, NY, 3/14/08)

April: President Bush urges Congress to pass the much needed legislation and “modernize Fannie Mae and Freddie Mac. [There are] constructive things Congress can do that will encourage the housing market to correct quickly by … helping people stay in their homes.”  (President George W. Bush, Meeting With Cabinet, the White House, 4/14/08)

May: President Bush issues several pleas to Congress to pass legislation reforming Fannie Mae and Freddie Mac before the situation deteriorates further.

  • “Americans are concerned about making their mortgage payments and keeping their homes. Yet Congress has failed to pass legislation I have repeatedly requested to modernize the Federal Housing Administration that will help more families stay in their homes, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow State housing agencies to issue tax-free bonds to refinance sub-prime loans.”   (President George W. Bush, Radio Address, 5/3/08)
  • “[T]he government ought to be helping creditworthy people stay in their homes. And one way we can do that – and Congress is making progress on this – is the reform of Fannie Mae and Freddie Mac. That reform will come with a strong, independent regulator.”  (President George W. Bush, Meeting With The Secretary Of The Treasury, the White House, 5/19/08)
  • “Congress needs to pass legislation to modernize the Federal Housing Administration, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow State housing agencies to issue tax-free bonds to refinance subprime loans.”  (President George W. Bush, Radio Address, 5/31/08)

June: As foreclosure rates continued to rise in the first quarter, the President once again asks Congress to take the necessary measures to address this challenge, saying “we need to pass legislation to reform Fannie Mae and Freddie Mac.”  (President George W. Bush, Remarks At Swearing In Ceremony For Secretary Of Housing And Urban Development, Washington, D.C., 6/6/08)

July: Congress heeds the President’s call for action and passes reform of Fannie Mae and Freddie Mac as it becomes clear that the institutions are failing.

Oh yeah! Let’s also not forget that Senator John McCain attempted to fix Fannie Mae and Freddie Mac back in 2005. Who stopped it? Take a guess… Give up?… The Democrats – of course.

Hope a little knowledge was passed along in this post. Blame Bush? Yeah, perhaps a little bit, but it’s more like “Blame Democrats.”

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Glenn Beck breaks it down.

Wonder what you would find if you frisked the comparison between deficits as a percentage of GDP from actual budgets during the Bush and Clinton presidencies to the current White House projections for future budget deficits under President Obama’s plan?

Answer: Glenn Beck breaks it down.

The Right Scoop breaks down the segment posted above:

[…] In this clip he is hypothetically attributing the years of Obama’s spending to Bush (as Obama would have you believe) to show what Obama’s best year would look like against prior administration’s deficit spending. The first two columns represent the average % of deficit to GDP for Clinton and Bush.

As this clip starts, he has already attributed the first 2 years of Obama’s term to Bush and proceeds to do the same for the following two years. He ends up with what would be Obama’s best year ever regarding the deficit – the 1st year of his second term. Again, all of this according to the White House numbers.

Yup… That’s right President Obama, keep blaming it ALL on former President Bush. With Obama promising to start getting tough on deficits, anyone with a brain has to be on the ground laughing at that statement. It’s simple: His spending is absolutely OVERWHELMING! ❗

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Wonder what you would find if you frisked I-35 near Wyoming, Minnesota?

Answer: One awesome billboard.

HAHA! This billboard is starting to cause an internet sensation and putting liberals on the hunt for whomever put it up. The Right Perspective reports:

Now, progressives and liberals upset that anyone would find 8 years of George W. Bush preferable to one of Barack Hussein Obama are on a mission to find out who put it up.

[…]

The fact that no billboard ownership plate exists on the display makes finding its sponsor even more difficult.

However, liberals and progressives may be facing a backlash in their attempt to out the person responsible for putting up the billboard. One suspect who turned out not to be the culprit has offered to continue paying for its upkeep should the original sponsor bow out.

Props to the mystery man who paid for this billboard.

If you want proof that it is real, click here.

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Wonder what you would find if you frisked some recent polls regarding President Obama?

Answer: Maybe people didn’t hate George W. Bush as much as they thought.

Once again… Just an awful week for President Obama in the polls. Check this one out, because I guarantee it’s a stinger:

Perhaps the greatest measure of Obama’s declining support is that just 50% of voters now say they prefer having him as President to George W. Bush, with 44% saying they’d rather have his predecessor. Given the horrendous approval ratings Bush showed during his final term that’s somewhat of a surprise and an indication that voters are increasingly placing the blame on Obama for the country’s difficulties.

I normally don’t use this expression, but here we go… Oh snap! I did NOT see this one coming at all, mainly because Barack Obama played off the hatred a lot of people had toward George W. Bush during his 2008 campaign. If you told me 10 months ago that these would be the poll numbers in December, I probably would of laughed at you. Don’t worry though, I’m not done. Here’s another shocker:

Finally 20% of voters, including 35% of Republicans, support impeaching Obama for his actions so far. I’m not clear exactly what ‘high crimes and misdemeanors’ they are using to justify that position but there may be a certain segment of voters on both the right and the left these days that simply think the President doing things they don’t agree with is grounds for removal from office.

Now granted, President Obama will not be getting impeached over anything he has done so far, but it still goes to show how much he’s decline in less than a year. After all, back in January he was almost like the second coming of Jesus to some people. I guess Americans are finally starting to metaphorically crawl out of bed and awake to his extremely radical views and policies. Thank you Real Jesus.

Side-Note: Hmm… I wonder if Robert Gibbs will publicly attack Public Policy Polling too for this recent poll. Any bets?

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Wonder what you would find if you frisked Newsweek writer Ramin Setoodeh?

Answer: Apparently George W. Bush is to blame for Hollywood’s depressing movies.

Hmm… Mr. Setoodeh doesn’t even hint at it, he just dives right in:

You can blame Hollywood’s doom and gloom on the Oscars, but I’m not going to. Instead, I think it’s George W. Bush’s fault. Most liberal directors felt restless under his presidency, and they pushed the envelope with over-the-top, operatic tragedies. From 1997 to 2000, during Bill Clinton’s second term, 20 percent of the best-picture nominees were comedies (Shakespeare in Love, The Full Monty, As Good as It Gets, etc.). During Bush’s second term, the Academy nominated only two comedies—Juno and Little Miss Sunshine—for best picture, and roughly three fourths of all the films (The Departed, There Will Be Blood, The Reader) fixated on death.

If the apocalypse really is coming, as these movies suggest, Hollywood might be the first hit. During bad times, moviegoers historically look for escapist entertainment. At the height of the Great Depression, people flocked to gangster movies and screwball comedies. Now even the popcorn blockbusters have gone to the dark side. The kids in the latest Harry Potter and Twilight movies could use antidepressants. The new Terminator felt as if it could have been written by McCarthy. People are always complaining that Hollywood movies suck because the studios care only about topping the other guy’s special effects, but the way films pile on the pain amounts to its own kind of grotesque pissing contest. It’s starting to feel like Misery Porn.

I believe the lesson learned here is: It’s impossible for liberals to take responsibility for anything.

Personally, it seems like Mr. Setoodeh is just unhappy with his recent movie collection and doesn’t want to upset those that preach his ideology – celebrities. The easiest thing for a liberal to do is blame former President Bush for all the mishaps that occur in their lives. It just comes natural to them as it comes natural for President Obama to say “uhhh” as he switches his attention to the opposite teleprompter.

Side-Note: As pointed out by one of my friends, The Departed was a remake while There Will Be Blood and The Reader were both books. Honestly, did Mr. Setoodeh forget to do his research before touching his pen to the notepad? I’m going to go out on a limb and say “no.”

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