To: SilvieWaldorfMD
ABC trying to run cover for Obama!! Why didn’t they just mention the actual bill that McCain authored?
We know why of course....(eye roll)
2 posted on
09/17/2008 9:44:47 AM PDT by
penelopesire
("The only CHANGE you will get with the Democrats is the CHANGE left in your pocket")
To: SilvieWaldorfMD
More liberal spin from liberals. They are in total gotcha mode.
3 posted on
09/17/2008 9:47:21 AM PDT by
Norman Bates
(Freepmail me to be part of the McCain List!)
To: SilvieWaldorfMD
6 posted on
09/17/2008 9:48:32 AM PDT by
MeanWestTexan
(Wish it was Palin/McCain)
To: SilvieWaldorfMD
How does this claim of foresight square with this interview that McCain gave to the Keene (NH) Sentinel, discussing the subprime mortgage crisis, in December 2007? It is not a claim, it is a fact dimwits:
Bush and McCain proposes solutions for this in 2003-2007. Obama and the Dems did nothing but run interference for their buddies at Freddie and Fannie.
FEDERAL HOUSING ENTERPRISE REGULATORY REFORM ACT OF 2005 (Bill pdf )
The United States Senate
May 25, 2006
Statement by John McCain
Sen. John McCain [R-AZ]: Mr. President, this week Fannie Mae's regulator reported that the company's quarterly reports of profit growth over the past few years were "illusions deliberately and systematically created" by the company's senior management, which resulted in a $10.6 billion accounting scandal.
The Office of Federal Housing Enterprise Oversight's report goes on to say that Fannie Mae employees deliberately and intentionally manipulated financial reports to hit earnings targets in order to trigger bonuses for senior executives. In the case of Franklin Raines, Fannie Mae's former chief executive officer, OFHEO's report shows that over half of Mr. Raines' compensation for the 6 years through 2003 was directly tied to meeting earnings targets. The report of financial misconduct at Fannie Mae echoes the deeply troubling $5 billion profit restatement at Freddie Mac.
The OFHEO report also states that Fannie Mae used its political power to lobby Congress in an effort to interfere with the regulator's examination of the company's accounting problems. This report comes some weeks after Freddie Mac paid a record $3.8 million fine in a settlement with the Federal Election Commission and restated lobbying disclosure reports from 2004 to 2005. These are entities that have demonstrated over and over again that they are deeply in need of reform.
For years I have been concerned about the regulatory structure that governs Fannie Mae and Freddie Mac--known as Government-sponsored entities or GSEs--and the sheer magnitude of these companies and the role they play in the housing market. OFHEO's report this week does nothing to ease these concerns. In fact, the report does quite the contrary. OFHEO's report solidifies my view that the GSEs need to be reformed without delay.
I join as a cosponsor of the Federal Housing Enterprise Regulatory Reform Act of 2005, S. 1 90, to underscore my support for quick passage of GSE regulatory reform legislation. If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole.
I urge my colleagues to support swift action on this GSE reform legislation.
---------------------------------------------------
New Agency Proposed to Oversee Freddie Mac and Fannie Mae - NY Times Sept 11, 2003
McCain - Federal Housing Enterprise Regulatory Reform Act of 2005 (Democrats blocked reform)
Sponsor: Sen. Charles Hagel [R-NE]
7 posted on
09/17/2008 9:51:51 AM PDT by
Always Right
(Obama: more arrogant than Bill Clinton, more naive than Jimmy Carter, and more liberal than LBJ.)
To: SilvieWaldorfMD
Tapper was just on the Ingraham show. I missed the first part of the interview, but she did bring up the BHO-Iraq deal. Tapper basically brushed her off on the Iraq problem. As far as I know, he made no mention of this article which was posted minutes after her show!
She was downright chummy with him though.
8 posted on
09/17/2008 9:55:27 AM PDT by
Doug TX
To: SilvieWaldorfMD
This is the MSM banking on the fact that enough people won’t hear what McCain signed off on in the bill.
Increasingly, I believe the MSM trusts that people only read headlines.
To: SilvieWaldorfMD
“Claims” he warned of crisis?
He did warn. It’s documented, verbatim. (But nice try, dems.)
11 posted on
09/17/2008 9:57:44 AM PDT by
MayflowerMadam
(Election '08: God is in control.)
To: SilvieWaldorfMD
Phil Gramm was a surprise.
Carly Fiorina was a surprise.
A lineup of campaign staff lobbyists were a surprise.
What else are you surprised about, John?
12 posted on
09/17/2008 9:58:56 AM PDT by
TADSLOS
(Cure CINOism- Write in proven conservatives at all levels on the ballot)
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