... Many misguided people, especially the left leaning news media like to blame George Bush for what has gone wrong with our economy, the unemployment and the several million foreclosures of homes all over America. In one sense, George Bush is partly responsible because his monetary advisers did not see what was coming and in his zeal to wage a needless war in Iraq and Afghanistan and to Legalize millions of Illegal Aliens from all over the world, he failed to see that the bottom was falling out. Many millions of people had bought homes that they could not afford but Bill Clinton enacted a bill in 1996, whereby his vision was that every American family could and should be able to own a home. He loosened the rules for the banking industry and Wall Street. Consequently, millions of people bought homes with Adjustable Rate Mortgages that had very low payments for the first 3 to five years, but they were also told that by the time the ARM rates ...