McCain part of the blame for Fannie/Freddie/AIG collapses?
That’s what The One of Supremely Thin Skin and his disciples on the left and in the MSM (pardon the redundancy) charge. There’s just one small problem: it’s not true.
In short, Mac was putting on the full-court press in February of 2006 for passage of the Federal Housing Enterprise Regulatory Reform Act of 2005. He foresaw the impending credit crisis and warned that not passing the bill could have consequences that bear a remarkable resemblance to the ones we’re seeing today! In a nutshell: he accurately predicted what would happen.
Did Democrats listen to him? Nope. Chris Dodd, the ranking committee member and beneficiary of Countrywide’s “ultra-generous” loans, killed the bill in committee. Two executives who benefited from falsification of financial records became advisers to Obama, and Obama took hundreds of thousands of bucks from lobbyists specifically mentioned by McCain. So tell me again: exactly who has the proper judgment here?
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There’s just one small problem: it’s not true.
Since when does TRUTH matter to a Democrat?
Barney Frank was the one overseeing Freddie and Fannie (no perverted pun intended there Crush!), but as usual, The Obomination points the finger elsewhere. This cr@p is getting very tiresome.
Comment by Kanaka Girl | September 17, 2008
Let us also remember the role in which Jamie Gorelick has played.
Comment by TheBad | September 17, 2008
How in the hell has Jamie Gorelick managed to screw up the country so badly (first 9/11 and now this) and still be unscathed????
Comment by Kanaka Girl | September 17, 2008
exactly who has the proper judgment here?
You, for daring to doubt THE ONE, and defaming the New Messiah with your facts and logic and truth and junk.
Comment by JsinGood | September 17, 2008
McCain said on Hannity’s show today that he will be letting everybody know where he stood on Fannie andFreddie three years ago in a new ad. So the word is going to get out, no thanks to the media of course. Instead of focusing on real news like this, they are still reporting about Sarah Palin’s daughter.
Comment by Tyrone | September 17, 2008