A long list of warnings is presented in the original article here.
Anybody out there dumb enough to believe the MSM idiots report this?
Interesting, considering that in 2002 President Bush Promised 440 Billion Additional Dollars for Freddie and Frannie mortgages for minorities.
we also warned them that we need to reform social security, medicare and medicaid but nobody listens and they will also fall apart soon
Did y’all know that David Gregory’s wife was the Executive Vice President-General Counsel of Fannie Mae for the past several years? (She resigned on Friday.)
Beth Wilkinson. One of her claims to fame is that she wore $2,000 suits to work in a quasi-gubmint agency.
You have to give George W. Bush credit for trying to head off the subprime mortgage meltdown in a timely manner. I’m not aware of any other options he had available than what he used once the situation started deteriorating.
ping for later
Fascinating...and in the comments section at the link an anonymous poster (posted in full without citing) a Daily Kos (interesting) take on the situation.
Thanks for posting
The RNC needs to make an ad.
Since 2001, Republicans have repeatedly called for housing government-sponsored enterprise (GSE) reform. Each time Democrats in Congress emphatically denied there were problems.
In 2005, Senator John McCain partnered with three other Senate Republicans to reform the governments involvement in lending. Democrats blocked this reform, too.
Not only did democrats not act on these warnings but Barack Obama put one of the major Sub-Prime Slime (Pritzer) on his campaign as finance chairperson.
Does anyone wonder about the timing of all of this, not long before the election? Could this have been manipulated to have happened at this time in hopes of it hurting the Repubs? What has Soros been up to lately? Is he involved in this at all for instance? It seems the Dems have long been out to destroy America. Communist maybe or are they just dumb, greedy and power hungry as well as being totally depraved?
B-U-M-P everyone’s accusing me
btt
A musical interlude for this madness...
http://www.youtube.com/watch?v=FmBDIj2fbB8&feature=related
...politicians/morticians BUMP!
This is part of the outrage I was feeling yesterday!
Here's a google search Google search on: bush 17 times reform "fannie mae"
Results: about 731,000
Cordially,