Did Bush warn of the impending financial crisis – yep – over and over and over and over and. . . . . . .

You would think the Democrats would learn about the long memory of the Internet.  Much to my amusement, the don’t. 

Pelosi Caught In Major Lie- Says Bush Didn’t Warn Congress About Financial Crisis… Records Show He Warned Congress 17 Times in 2008 Alone

Posted by Jim Hoft on Monday, May 3, 2010, 2:04 PM

Speaker Nancy Pelosi held a news conference last week and told reporters this:

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.”

The state-run media is trying to make something of this claim today.

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.