Mitt Romney made a very uncomfortable statement for many Repubs last night...

[kentuck]

He said that every knowledgeable person he had talked with told him that our country was on a precipice and on the verge of going off the cliff if we did nothing. We were in danger of having our entire economic system collapse but George W Bush and Hank Paulsen did the right thing. However, he might have done some things differently.

This was uncomfortable for many Republicans because they thought it was all Obama's fault, for some reason or another?

http://en.wikipedia.org/wiki/Troubled_Asset_Relief_Program
<snip>
"On October 14, 2008, Secretary of the Treasury Paulson and President Bush separately announced revisions to the TARP program. The Treasury announced their intention to buy senior preferred stock and warrants from the nine largest American banks. The shares would qualify as Tier 1 capital and were non-voting shares. To qualify for this program, the Treasury required participating institutions to meet certain criteria, including: "(1) ensuring that incentive compensation for senior executives does not encourage unnecessary and excessive risks that threaten the value of the financial institution; (2) required clawback of any bonus or incentive compensation paid to a senior executive based on statements of earnings, gains or other criteria that are later proven to be materially inaccurate; (3) prohibition on the financial institution from making any golden parachute payment to a senior executive based on the Internal Revenue Code provision; and (4) agreement not to deduct for tax purposes executive compensation in excess of $500,000 for each senior executive."<12> The Treasury also bought preferred stock and warrants from hundreds of smaller banks, using the first $250 billion allotted to the program.<13>"

[idiotgardener]

1. Can you edit your second sentence?

Seems like there's something missing:

"We were in danger of having our entire economic system collapse but George W Bush and Hank Paulsen."

[kentuck]

3. Sorry about that.

My mind ran away from the post. :-)

[idiotgardener]

6. thx (nt)

[TheCowsCameHome]

2. He'll say anything to get the nomination. He's a drama queen.

He's been running since his mom stuffed a silver spoon full of pablum into his mouth.

[get the red out]

4. Say anything to anybody

No matter that he just said the opposite to someone else, LOL. He's the mechanical running for President machine, just wind his ass up and he'll mimic whatever crowd he's in front of to get votes.

[GentryDixon]

7. At least since the love he

received from his Olympics salvation.

Mormon rule is a very scary thought. :scared: I have lived under it for a good part of my life.

[JuniperLea]

5. They had no choice but to do the right thing...

The collapse happened a lot sooner than they thought.