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Why do people suddenly think that Obama caused the financial crisis?

  1. Daxman profile image60
    Daxmanposted 5 years ago

    Why do people suddenly think that Obama caused the financial crisis?

  2. Adamowen profile image80
    Adamowenposted 5 years ago

    Because we live in a world of unintelligent, uninformed, ignorant people. They won't research the topic and jump to conclusions without fully looking at the facts. The news also plays a huge role in spewing out bias information that isn't true which is being forced upon people.

  3. ShootersCenter profile image72
    ShootersCenterposted 5 years ago

    The financial crisis started back in the 60's and has been building for some time, Obama has just escalated it by borrowing trillions of dollars.

  4. nightwork4 profile image60
    nightwork4posted 5 years ago

    seriously, in most cases the answer is simple. it's because he is black. i doubt deep down they believe it but due to racism they act like he caused all the problems in the U.S.

  5. lburmaster profile image84
    lburmasterposted 5 years ago

    I really don't know. The financial crisis was already on its way when Bush was in office. So that makes no sense.
    Also, I'm racist but I just dislike Obama because of what he stands for. And black people don't cause all of our problems. It's everyone's fault. White, black, mexican, cuban, etc.

  6. JeniferD profile image60
    JeniferDposted 5 years ago

    My thoughts on this are that A-D-D is epidemic in this country. Why?  Many folks fail to pay attention to the last 30 or 40 years of bills, laws, and policies congress has passed (quietly) without the knowledge or the consent of the American people, to the detriment of this economy. This nation's economy has been a bomb waiting to go off since Clinton signed N.A.F.T.A. into law in 1993! Let's add this to the turd-stew: many members of congress, many are caucasian, hate Obama because of his skin color and do not consider him 'one of them'. Since he took office, this congress have gone overboard to set this president up for failure, promote negative media on him, calling him a communist/socialist, and just generally accusing him of not being a natural-born citizen.

    Obama did not cause this financial crisis in three years, people need to pay attention and start doing the math.  However, thanks to reality shows, neat little electronic gadgets and the latest in driver-distraction-technology on board today's newest vehicles, many folks while being entertained by these 'toys' have allowed the evil empire to advance their 'anti-voter' agenda one-hundred fold and blaming the black man for this assed-up economy is the catalyst to putting another 'acceptable' skin color in office.

  7. Hubpage Gal profile image59
    Hubpage Galposted 5 years ago

    I don't think that people suddenly think that Obama caused the financial crisis.  I think that people are aware that Obama bailed out big companies and never seen government participate with transparency to solve the countries economic problems.

  8. profile image49
    Tilemachosposted 5 years ago

    Loan sharks knew that if they took the dollars printing machines under their control they could suffocate the world ...they could initially suffocate USA and after taking the USA from the Americans, they could move and suffocate the whole world and take the countries from their people.

    FED printed cheap money and loansharking multiplied this money in an unnatural way within the American economy boarders and they discarded them abroad so that they did not threaten USA. USA became the first state in the world with artificial “breathing”...

    It cannot be possible but just in the USA for only the last year, more than one million houses were seized. It cannot be impossible but the New World has returned to tents and shelters ..has returned to the ages of Columbus. It cannot be possible that we allow to a few loan sharks looting the toils and the assets of people...

    http://eamb-ydrohoos.blogspot.com/2012/ … risis.html

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    Authored by Panagiotis TRAIANOU 

 
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