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McCain's Attempt To Fix Fannie Mae, Freddie Mac in 2005(Which Obama & Other Democrats Opposed
Hot Air ^ | 9/17/2008 | Ed Morrisey

Posted on 09/20/2008 12:32:21 PM PDT by Laissez-faire capitalist

... Which candidate foresaw the credit crisis and tried to do something about it? As it turns out, John McCain did - and partnered with three other Senate Republicans to reform the government's involvement in lending three years ago, after an attempt by the Bush Administration died in Congress two years earlier. McCain spoke forcefully on May 25, 2006, on behalf of the Federal Housing Enterprise Regulatory Reform Act of 2005...

[John McCain]: Mr President, this week Fannie Mae's regulator reported...

(Excerpt) Read more at hotair.com ...


TOPICS: Culture/Society; Extended News; News/Current Events; Politics/Elections
KEYWORDS: economy; election; electionpresident; elections; fanniemae; financialcrisis; freddiemac; housingbubble; mccain; mccainpalin; obama; obamatruthfile
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1 posted on 09/20/2008 12:32:21 PM PDT by Laissez-faire capitalist
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To: All

What say you?


2 posted on 09/20/2008 12:34:23 PM PDT by Laissez-faire capitalist (Keep working! Welfare cases and their liberal enablers are counting on you!)
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To: Laissez-faire capitalist

Why won’t Bush talk - forecefully! - about how his administration tried to reform Fannie & Freddie?


3 posted on 09/20/2008 12:36:06 PM PDT by Laissez-faire capitalist (Keep working! Welfare cases and their liberal enablers are counting on you!)
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To: Laissez-faire capitalist

Bump.. this news had better get around and very soon.


4 posted on 09/20/2008 12:43:15 PM PDT by Irish Eyes
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To: Laissez-faire capitalist
McPal have been on fire of late and I don't understand why the polls are NOT leaning their way. I just don't get it! I believe the closer we get to the election the more you'll see a BLACKOUT of McPal. WHY CAN'T THE AMERICAN folk see the mediaWHORES blatant bias. We used to be a nation of fairness when it came to this kind of mischief among the mediaPUKES. Have we really changed that much that we are willing to become a socialist communistic nation? It's so hard to believe the American folk can be so damn stupid. PRAY for God's intervention for a victory. Will it be God bless America or God *AMN America??
5 posted on 09/20/2008 12:43:16 PM PDT by RoseofTexas
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To: Laissez-faire capitalist

I say Ed Morissey knows where the gold is.

We need to show that McCain led on this and that the DIMs where at the core of this mess and fought reform efforts


6 posted on 09/20/2008 12:44:30 PM PDT by mylife (The Roar Of the Masses Could be Farts)
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To: RoseofTexas
"McPal have been on fire of late and I don't understand why the polls are NOT leaning their way."

Because the MSM isn't covering this part of his campaign speech. What you see on FOX is nothing like what the report on the other stations.AWB

7 posted on 09/20/2008 12:47:11 PM PDT by Americanwolfsbrother (Its not whether you get knocked down but whether you get back up. Vince Lombardi)
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To: Laissez-faire capitalist

Here is how I see it:

1. In the early 2000s when Bush wanted to make changes is really when it was early enough to stop this problem.

2. Bush won’t speak out much because he had a GOP Congress and they did not get it done.

3. McCain’s call for reform was probably too late, but it is good that he made the call.


8 posted on 09/20/2008 12:47:57 PM PDT by JLS (Do you really want change being two guys from the majority of Congress with a 9% approval rating?)
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To: Laissez-faire capitalist

Same as energy. He has had the upper hand on both these issues, but flat out refuses to discuss. I still support this President because he has done so much right in these eight years, but the lack of any media efforts for going on 5 years is just jaw-dropping to me. He has been redefined, and no one seems to want to do anything about it.


9 posted on 09/20/2008 12:48:12 PM PDT by ilgipper
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To: Laissez-faire capitalist

As history says..Remember all the great men who
Picked themselves up..
Dusted themselves off..
And, started all over again!!


10 posted on 09/20/2008 12:51:27 PM PDT by cousair
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To: Laissez-faire capitalist

As history says..Remember all the great men who
Picked themselves up..
Dusted themselves off..
And, started all over again!!


11 posted on 09/20/2008 12:51:27 PM PDT by cousair
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To: Laissez-faire capitalist

Yep.. I just heard Uh_BAMMM_AH w/oxyclean speaking in Jacksonville, God he says nothing, only.. McCain has been there if you want change,,no details of anything for him..
Says McCain is panicked, the crowd looks asleep..

And we need to get the world involved, oh yea, which coutries arew going to help you BAMMM..
What an incompetent fool...

Uh_BAMMMM_AHHHH, Billy Mays would be proud..


12 posted on 09/20/2008 1:04:48 PM PDT by aeonspromise
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To: Laissez-faire capitalist

Probably because that would give the Rats another thing to link McCain to him and McCain is trying to distance himself from Bush,right or wrong the Lame Stream Media has done it`s work portraying this administration as “the worst in history...”.


13 posted on 09/20/2008 1:07:08 PM PDT by nomad
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To: aeonspromise
McCain is many things , panicked is not one of them.
14 posted on 09/20/2008 1:09:18 PM PDT by fantom
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To: Laissez-faire capitalist

bttt


15 posted on 09/20/2008 1:42:17 PM PDT by BenLurkin
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To: Laissez-faire capitalist
I voted for Bush twice like my life depended on it, but Bush seems inarticulate, weak, not media savvy and is too passive, polite and not aggressive or contentious enough with the nasty, lying Democrats and the media.

He's a terrible speaker and not glib enough when much or most of the public takes or confuses smarmy, oleaginous glibness as the God's honest truth.

I don't get it. It's very disappointing, depressing and disturbing. I hope I'm wrong. Please correct me or fill me in if you disagree. I'm willing to listen and learn.

Thanks.

16 posted on 09/20/2008 1:44:44 PM PDT by garyhope (It's world war IV, right here, right now courtesy of Islam. VRWC. TWP.)
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To: garyhope

You’re not wrong.

President Bush has never thought it part of his job to defend himself or his policies. His standard response is, “We’ll let history be the judge.”

Part of his oath of office is to protect us from all enemies, foreign and domestic. We clearly have domestic enemies in the form of the Democratic leadership, but President Bush can’t be bothered to push back.

He’s personalized the attacks, which he had no right to do. He gets to play the martyr and feel sorry for himself, and he gets to be the southern gentleman and good Christian who turns the other cheek. He had no right ot do any of that. He had the duty to fight back, for our sake, not his.

Part of it also is his resentment at the GOP for not standing up for him, so he won’t stand up for them. The story is that McCain blocked him from attending the GOP convention in person, and Bush was enraged, because he thinks he’s been doing a good job.

The thing I like about McCain is that he doesn’t personalize things, and he is willing to make the hard calls. He was right about Fannie Mae, he was right about Iraq, and—it pains me to say this—he was right about Rumsfeld.

President Bush was simply not the right man for the job. He lacked the emotional maturity to see the big picture and see how he—as an individual—doesn’t matter when compared to his role as president.

McCain’s speech at the convention was amazing. He said he had been a selfish person until he had the crap kicked out of him for five years, and then he became America’s man.

I believe him, and I believe he won’t make the same mistakes President Bush has.

Oh, he’ll make his own mistakes, I’m sure! But he’ll fight back, and he’ll explain his policies and include us in the discussion.

He won’t shrug off his responsibilities and say, “We’ll let history be the judge,” which is really just a cop-out.


17 posted on 09/20/2008 1:55:44 PM PDT by Thomas W.
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To: Laissez-faire capitalist

“Why won’t Bush talk - forecefully! - about........?”

Is a question that has haunted me for 8 years.


18 posted on 09/20/2008 2:48:55 PM PDT by El Sordo
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To: Laissez-faire capitalist

Bush is a wimp.....always has been...I think he’s basically a good man, but stand up for himself and the right way to do things....never.....


19 posted on 09/20/2008 9:47:05 PM PDT by cherry
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To: Thomas W.
just so right on all that you say except I think McCain does personalize things....but thats where a calm, reflective voice can be useful....Sarah Palin....

Bush....don't get me started....

20 posted on 09/20/2008 9:50:10 PM PDT by cherry
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