Read the whole article before throwing too many bricks around.
Typical of these media turds, they name exactly ONE, count ‘em ONE guy with a “D” behind his name, then everybody else in the article (including a bunch only by inference) is either a Pubby or “Bush Administration Official”.
This is just another lib hit piece, and you seem to have ate up the whole deal right up to the bobber.
So call Conservatives suppose to know better, you can’t deny that these republicans sold out including Newt! Did Dems prevent reform? Of course but the point is that Newt is a fraud as usual. I don’t like it when Dems or Republicans do it, it’s still wrong
The Congressional Black Caucus went out of their way to defend Franklin Raines & Co. (As well as GSEs in general).
Gorelick, [Smith]Barney Frank, Dodd, etc.
This sloganized story is in response to the above attack on Frank by Newt a couple weeks ago.
Frank had addressed other Republican Failures in re to the crisis.
"Since 2001, the Bush Administration issued 34 warnings to Congress about the need to reform Fannie Mae and Freddie Mac before it caused substantial economic turmoil in the financial markets. However, they met continual opposition by Congressional Democrats who feared that tighter regulations on lenders would disqualify low-income applicants from affordable housing.".....in 2008, the Bush Administration pressed Congress harder than ever by issuing 17 warnings in just 6 short months about Fannie Mae and Freddie Mac."
Can't twist those facts.. ;)
Yep. Gotta wonder where Barney Frank and Chucky Dodd’s names are.