Bush Called For Reform of Fannie Mae & Freddie Mac 17 Times in 2008 Alone... Dems Ignored Warnings
http://www.whitehouse.gov/news/releases/2008/09/20080919-15.html On Thu, Sep 25, 2008 at 1:49 PM, Robert Munn <[EMAIL PROTECTED]> wrote: > Democrats actively pushed for the conditions that allowed Fannie and Freddie > to become the giant failures that they are today. Republicans, including > John McCain, warned of serious risks to the economy if something was not > done to rein in Fannie and Freddie's lending practices. Nothing was done, > and here we are. > > Democrats, as a specific public policy, wanted Fannie and Freddie to lend to > people who could not afford a mortgage. They got what they wanted, right? > Are you suggesting that Democrats did NOT want to maintain loose lending > standards at Fannie and Freddie? Are you suggesting that Democrats warned of > systemic risks to the economy if something were not done? No, you aren't, > you are just blowing a bunch of hot air. > > On Thu, Sep 25, 2008 at 12:54 PM, Gruss wrote: > >> > RoMunn wrote: >> > as good as gold. He thinks the government will make a lot of money on >> this >> > deal. >> > >> >> WOW! If only the Republicans could just be slightly more incompetent >> at governance we might REALLY get rich! >> >> > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:270905 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
