Posted on 10/09/2008 12:10:40 PM PDT by Bill Dupray
Rush Limbaugh played a clip from this rally 3 times on his show today. A real estate agent demands that McCain, if elected, investigate and prosecute those directly responsible for the mortgage mess. McCain gives a couple of scalps
Killer audio from the rally in Waukesha. Go to about 40% of the way through (there are no time markers) to hear the woman ask the question and McCain’s great answer. The crowd goes crazy.
Good stuff from Palin on abortion. Calls Obama out on his infanticide vote on BAIPA.
There is also a guy yelling at McCain to stop the Socialist takeover of America.
(Excerpt) Read more at patriotroom.com ...
where is the Video?
Yosemite Sam needs to bring more raw meat if he’s going to get any attention.
No video yet.
McCain Crosses The Rubicon. Hurray!
Blowback and Frank should not be used in the same sentence....
When Fox cut away from the rally and back to their broadcast, Martha McCallum (sp?) said the rally was held in Wah-KEE’-shaw Wisconsin. My wife and I laughed so hard we almost fell off our chairs. It’s WAH’-keh-shaw. Some of these news/weather people are clueless about names across America. One would think they’d have people look this stuff up before broadcast...
My husband went to the Nascar races at Talladega this past weekend. He said it was NOT an Obama friendly crowd there!
Said “NObama” parapharnelia was selling well. Said he witnessed LOTS of political discussions going on and none of it seemed to be in favor of Dems.
Would have been nice if McCain and Palin could have briefly showed up and had a rally among that HUGE crowd, like Obama does after a free concert.
Yeah - used to live near what the newscasters called mus-KOE-dah and bos-KOE-bul.
FR POSTED 10/6 BY PARATROOPER 82
Unqualified home buyers were not the only ones who benefited from Massachusetts Rep. Barney Frank’s efforts to deregulate Fannie Mae throughout the 1990s. So did Frank’s partner, a Fannie Mae executive at the forefront of the agency’s push to relax lending restrictions. Now that Fannie Mae is at the epicenter of a financial meltdown that threatens the U.S. economy, some are raising new questions about Frank's relationship with Herb Moses, who was Fannie’s assistant director for product initiatives.
Moses worked at the government-sponsored enterprise from 1991 to 1998, while Frank was on the House Banking Committee, which had jurisdiction over Fannie. Both Frank and Moses assured the Wall Street Journal in 1992 that they took pains to avoid any conflicts of interest.
Critics, however, remain skeptical. ‘It’s absolutely a conflict,’ said Dan Gainor, vice president of the Business & Media Institute. “He was voting on Fannie Mae at a time when he was involved with a Fannie Mae executive. How is that not germane? “If this had been his ex-wife and he was Republican, I would bet every penny I have - or at least what’s not in the stock market - that this would be considered germane,’ added Gainor, a T. Boone Pickens Fellow. ‘But everybody wants to avoid it because he’s gay. It’s the quintessential double standard.’
A top GOP House aide agreed. ‘C’mon, he writes housing and banking laws and his boyfriend is a top exec at a firm that stands to gain from those laws?’ the aide told FOX News. ‘No media ever takes note?
Imagine what would happen if Frank’s political affiliation was R instead of D? Imagine what the media would say if [GOP former] Chairman [Mike] Oxley’s wife or [GOP presidential nominee John] McCain’s wife was a top exec at Fannie for a decade while they wrote the nation’s housing and banking laws.’
Frank’s office did not immediately respond to requests for comment. Frank met Moses in 1987, the same year he became the first openly gay member of Congress. ‘I am the only member of the congressional gay spouse caucus,” Moses wrote in the Washington Post in 1991. “On Capitol Hill, Barney always introduces me as his lover.’
The two lived together in a Washington home until they broke up in 1998, a few months after Moses ended his seven-year tenure at Fannie Mae, where he was the assistant director of product initiatives. According to National Mortgage News, Moses ‘helped develop many of Fannie Mae’s affordable housing and home improvement lending programs.’ Critics say such programs led to the mortgage meltdown that prompted last month’s government takeover of Fannie Mae and its financial cousin, Freddie Mac. The giant firms are blamed for spreading bad mortgages throughout the private financial sector.
Although Frank now blames Republicans for the failure of Fannie and Freddie, he spent years blocking GOP lawmakers from imposing tougher regulations on the mortgage giants.
In 1991, the year Moses was hired by Fannie, the Boston Globe reported that Frank pushed the agency to loosen regulations on mortgages for two- and three-family homes, even though they were defaulting at twice and five times the rate of single homes, respectively.
Three years later, President Clinton’s Department of Housing and Urban Development tried to impose a new regulation on Fannie, but was thwarted by Frank. Clinton now blames such Democrats for planting the seeds of today’s economic crisis. ‘I think the responsibility that the Democrats have may rest more in resisting any efforts by Republicans in the Congress or by me when I was president, to put some standards and tighten up a little on Fannie Mae and Freddie Mac,’ Clinton said recently.”
THIS has to get around......
Soros, ACORN, Ayers, Obama are flat out on Cloward-Piven Strategy trying to wipe out the markets with Soros and short hedge fund managers.
Just wait until Martha has to pronounce...maaa zommmm mooo neee....lol
Excerpt ...Ten years ago, for example, the typical conforming mortgage required a down payment of 10 to 20 percent, and low-down payment mortgages were considered too risky. But then we helped to standardize the 3 to 5 percent down payment loan, brought it to global capital markets, and made it available to lenders and communities nationwide. Now low-down payment loans are commonplace. And we just adopted a new variance in our underwriting standards that will make the $500 down payment loan widely available as well...
In 1994, we pledged to provide $1 trillion in capital to ten million underserved families by the end of 2000. Thanks to our housing and industry partners, we met that goal early.
Then in 2000, we launched our American Dream Commitment, a pledge to provide $2 trillion in capital to 18 million underserved families by the year 2010, including $400 billion targeted specifically for minority families (later raised to $700 billion in response to President Bush’s Minority Homeownership Initiative). After four of the strongest years in housing and mortgage finance history, we’ve already surpassed the top-line goals of this commitment. But our work is far from complete.
So in January 2004, we announced our Expanded American Dream Commitment and pledged significant new resources to tackle America’s toughest housing challenges. Our new commitment has three main goals.
First, we will expand access to homeownership for six million first-time home buyers in the next ten years, including 1.8 million minority first-time home buyers.We also will help raise the national minority homeownership rate from 49 percent to 55 percent, with the ultimate goal of closing it entirely.
Second, we will help new and long-term homeowners stay in their homes through a series of initiatives, and commit $15 billion to preserve affordable rental housing and $1.5 billion to support the revitalization of public housing communities.
Third, we will increase the supply of affordable housing and support community development activities in at least 1,000 neighborhoods across the country through our American Communities Fund, and through targeted investments like Low-Income Housing Tax Credits that help finance affordable rental housing.
It is because of initiatives like our Trillion Dollar Commitment and our American Dream Commitment that we have exceeded our HUD affordable housing goals for ten consecutive years.
And we have increased our financing of mortgages to African Americans by over 400 percent and to Hispanic Americans by 470 percent in the past ten years, compared with a 205 percent increase in overall financing. Our Expanded American Dream Commitment will help us do even more.
My wife and I were sitting at a stop light awhile back here in the Northern part of Houston (Spring, Tx) and noticed signs at the intersection that said, “No Documentas, No Problemos”.
The advertisement on the signs were for a home development called Sugarberry Farms here in Northern Harris county.
We were stunned!!!
The FBI needs to step in and start arresting the criminals who put money before the national security of this nation.
This includes politicians, Corporate Exec's, Loan officers and the like.
It's time for an accounting. It's time for all these money grubbin crooks to go to jail.
WI Rally Audio here: http://www.620wtmj.com/podcasts/newstogo/30696559.html?video=pop&t=a
I really hope so. I am as sick of the cretins in positions of authority and influence as the people in Waukesha appear to be. Sen. McCain should fling the chamber pot into the industrial JetAire, It has to happen, let it be now. I will be part of his army, be it a political war, or something more serious.
“No video yet.”
I’d love a ping if a video does surface. I heard this soundbite on Rush. What excitement!
I wrote McCain (whatever good it does) and said his mentino during the debate of Obama’s Wall street “cronies” wasn’t good enough, that we WANT NAMES!
I wonder if he's reduced to cruising gloryholes at train stations now.
We live near, and my wife works in, DeKalb, IL. The Weather Channel, being from Atlanta, refer to it as DeKobb or DeCobb because that’s how a similar named county down there is pronounced.
It’s not pronounced that way here. It’s pronounced like it’s spelled: DeKalb = Dee-KALB’. The city is also in Dee-KALB County, not DeCobb County. But they’ll never get it right.
Maybe that makes me a local yokel but I’m comfortable with that...
Probably getting the ultimate thrill (sarc): sex from male transvestites in the backseat of his car parked at Fort Marcy Park.
McCain and Sarah should go where they get a ‘bounce.”
Folks or as McCain says “friends” this goes much deeper. We are seiing a frenzy with ACORN and also an attack on the financial markets that started months ago with Soros and other hedge funds.
The plan started when CRA lawsuits started against banks for “redlining” filed by OBama and ACORN themselves.
They infiltrated Fannie & Freddie then infected the financial system. Soros and his gang picked off the companies one by one using shorting, options and credit default swaps (CDS). Options and CDS —> Chicago. CBOE Chicago Board Opetions Exchange CDS=CME or Chicago Mercnatile Exchange.
The market crash is being manufactured. I am not sure how McCain turns that around. However if Obama’s cracks in the polls or loses - we will get a huge snap back rally.
Please get out an volunteer this weekend at McCain-PALIN 2008 offices and donate if you can afford it.
We have an uphill battle to convince people. The American public is not stupid but Obama and his gang, if they will, will make us serfs.
Dodd: "Barney, with you hot in bed with Freddie Mae ...
and each of us mounted on the federal teat,
the only blowback will be to any waitress that dares get in our way.
Oh, how it must suck to be one of our helpless constituents".
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.