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 ...
Also this Frep thread: Blame Fannie Mae and Congress For the Credit Mess
which should say "Blame the Rats"
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