where was senator Graham and McCain who caused this whole mess with their banking modernization bill ?
On Dec 10, 10:29 am, Philobealo <[EMAIL PROTECTED]> wrote: > Rep. Barney Frank (D-Mass.) said the following on Sept. 11, 2003: "We > see entities that are fundamentally sound financially. . . . And even > if there were a problem, the federal government doesn't bail them > out." > > Sen. Thomas Carper (D-Del.), later that year: "If it ain't broke, > don't fix it." > > As recently as last summer, when housing prices had clearly peaked and > the mortgage market had started to seize up, Dodd called on Bush to > "immediately reconsider his ill-advised" reform proposals. Frank, now > chairman of the House Financial Services Committee, said that the > president's suggestion for a strong, independent regulator of Fannie > and Freddie was "inane." > > Sen. Dodd wonders what the Bush administration did to address the > risks of Fannie and Freddie. Now, he knows. The real question is: > Where was he? > > http://www.washingtonpost.com/wp-dyn/content/article/2008/09/11/AR200... --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more. -~----------~----~----~----~------~----~------~--~---
