Why did you ellipsis the quote? Afraid the ENTIRE quote might negate your weak point?
Let's repeat it in it's entirety:
What is true is that most Bush-era financial regulators were less than enthusiastic about the very act of regulating, and that Bush's "ownership society" push glossed over a lot of potential dangers. Bush didn't cause the financial regulatory breakdown, but he didn't jump in to fix it either.
You apparently don't understand the concept of NOT doing the job can have the same or worse consequence as doing something wrong. In this case, as the article very clearly states Bush regulators were very lax in doing their jobs and the Bush Administration did NOTHING to fix those problems that you keep trying to suggest that he kept warning folks about.
And you will also notice I DON'T MISDIRECT, using instead an interesting tactic of requiring you to provide facts and documentation to support your assertions and calling you on it when you can't. I also use a sneaky tactic of providing links to actual data from governing bodies instead of op-ed pieces when data and backup are required. I realize that can be confusing to those who only listen to Rush and Hannity and Beck.
Now I really like the part where you chose an article to PROVE YOUR POINT and then DISCOUNT that very article when it DISPROVES your perceptions. "And he did try to fix it regardless of what the second part of the quote says, as evidenced by his consistent prodding of Congress since 2002 to head off the problem!"
I am impressed, taking a 16 word sentence and trying to use half of the sentence to substantuate your point and disregarding the other half that contradicts it. This might go down in the BWOT Circlejerk Hall of Fame
Again with the mis-characterizations.
I am sorry that you are so bent on parsing everything that you can not see the truth. Perhaps if you view the article in context of Time Magazine's love affair with Obama and hatred of Bush you will quit with the misdirection and mischaracterization.
My whole point with the elipsis was to put emphasis on the fact that Bush did not cause this. The duty to fix it is Congress'.
I love how you conveniently forget that everytime.
And before you go off on another mischaracterizational orgasm, please tell us how you fix the situation? Better yet, let's look at how your annointed one is fixing the problem. He is having Congress do it through more appropriation. Notice Obama is not the one attempting to fix the crisis. It is Congress' responsibility to fix the problem.
Bush had been trying to get congress to do this since 2002. You are wrong McBear when you say that this recession is Bush's fault. And when you or Time magazince says he didn't do anything to try and fix it I say Bullshit let's got to the videotape. What do ya know, it started of the thread.
Your mischaracterizations, misrepresentations, and misdirections don't work when held up to common sense thinking.
All depends on what the definition of "is" is.
That does not fly with us. Too bad your sycophants love the pablum you regurgitate. We're gonna have to start calling you guys the "Penguin Party" because your young eat what you throw up!