DEMs hands? All over?
Ehwww.....
Posted on 09/24/2008 1:18:23 PM PDT by Rufus2007
Are journalists playing favorites with some of the key political figures involved with regulatory oversight of U.S. financial markets?
MSNBC’s Chris Matthews launched several vitriolic attacks on the Republican Party on his Sept. 17, 2008, show, suggesting blame for Wall Street problems should be focused in a partisan way. However, he and other media have failed to thoroughly examine the Democratic side of the blame game.
Prominent Democrats ran Fannie Mae, the same government-sponsored enterprise (GSE) that donated campaign cash to top Democrats. And one of Fannie Mae’s main defenders in the House – Rep. Barney Frank, D-Mass., a recipient of more than $40,000 in campaign donations from Fannie since 1989 – was once romantically involved with a Fannie Mae executive.
..more..
(Excerpt) Read more at businessandmedia.org ...
“was once romantically involved with a Fannie Mae executive.”
That is called backdoor, um, err, ahhh, I mean back room deals!
So Bawney Fwank has a “former spouse” with FANNIE mae? Get it? FANNY??? This stuff writes itself!!!
Hey SPITTIN’ CHRISSY......DO YOUR DAMN JOB....REPORT THIS!
He was more interested in Freddie’s Fannie than Mae or Mac.
DEMs hands? All over?
Ehwww.....
Oops, I got distracted midway posting it and didn’t check the main page before I hit post
“Prominent Democrats ran Fannie Mae, the same government-sponsored enterprise (GSE) that donated campaign cash to top Democrats”
This is the usual pattern: Democrats/Communists and government ruin some industry of the private Sector by “running” or interfering with it. This time it is the mortgage industry and next on their agenda will the the healthcare industry.
Then the mainstream liberal media blames the inevitable collapse of this industry on capitalism and Republicans. The government educated public buy the liberal media lies.
So the result is we get more government regulation and interference of the that industry, more socialism, and the Democrats who ruined the mortgage industry get more power to run it and ruin it and the economy more. When will the media and the public get it that government planning/socialism doesn’t work?
They won’t, for they are all mesmerized by the concept of handouts, envy of those who might have greener grass, and the naive idealistic belief that evil doesn’t exist.
They won’t, for they are all mesmerized by the concept of handouts, envy of those who might have greener grass, and the naive idealistic belief that evil doesn’t exist.
It is like trying to drill sense into teens and young twenties. They just can’t wrap their heads around the idea that life is hard, and you have to work at it.
We are beyond the point, in my bleak opinion, of saving the nation.
There are too many many “citizens” out there who think “somebody else” out there ought to make their lives easy and without disaster.
It is over, Freepers. The republic is lost. We are outnumbered by stupid people who think we stand between them and utopia.
And of course Barney Fa...er, Frank received generous donations from FANNIE PAC.
Silly me, I have been thinking all along that the core of Barney Rubble Frank’s willingness to hide Fannie Mae’s problems was simply his leftist - love of government control - political philosophy.
what media?
I agree. Very good analysis and insight.
Like Jim Robinson said socialism is slavery.
And like Friedrich Hayek, Milton Friedman, Ayn Rand,Thomas Sewel, Adam Smith, Thomas Jefferson, Locke, Madison and the collapse of the Soviet Union proved Socialism can never work, ever. Socialism leads to mass starvation. Only free markets and Capitalism can be efficient.
I agree. Very good analysis and insight.
Like Jim Robinson said socialism is slavery.
And like Friedrich Hayek, Milton Friedman, Ayn Rand,Thomas Sewel, Adam Smith, Thomas Jefferson, Locke, Madison and the collapse of the Soviet Union proved Socialism can never work, ever. Socialism leads to mass starvation. Only free markets and Capitalism can be efficient.
he Power of the Market. Every day each of us uses innumerable goods and services—to eat, to wear, to shelter us from the elements, or simply to enjoy. We take it for granted that they will be available when we want to buy them. We never stop to think how many people have played a part in one way or another in providing those goods and services. We never ask ourselves how it is that the corner grocery store—or nowadays, supermarket—has the items on its shelves that we want to buy, how it is that most of us are able to earn the money to buy those goods.
It is natural to assume that someone must give orders to make sure that the “right” products are produced in the “right” amounts and available at the “right” places. That is one method of coordinating the activities of a large number of people—the method of the army. The general gives orders to the colonel, the colonel to the major, the major to the lieutenant, the lieutenant to the sergeant, and the sergeant to the private.
But that command method can be the exclusive or even principal method of organization only in a very small group. Not even the most autocratic head of a family can control every act of other family members entirely by order. No sizable army can really be run entirely by command. The general cannot conceivably have the information necessary to direct every movement of the lowliest private. At every step in the chain of command, the soldier, whether officer or private, must have discretion to take into account information about specific circumstances that his commanding officer could not have. Commands must be supplemented by voluntary cooperation—a less obvious and more subtle, but far more fundamental, technique of coordinating the activities of large numbers of people. Russia is the standard example of a large economy that is supposed to be organized by command—a centrally planned econ- .
But that is more fiction than fact. At every level of the economy, voluntary cooperation enters to supplement central planning or to offset its rigidities—sometimes legally, sometimes illegally.’ In agriculture, full-time workers on government farms are permitted to grow food and raise animals on small private plots in their spare time for their own use or to sell in relatively free markets. These plots account for less than 1 percent of the agricultural land in the country, yet they are said to provide nearly a third of total farm output in the Soviet Union (are “said to” because it is likely that some products of government farms are clandestinely marketed as if from private plots).
FREE TO CHOOSE: A Personal Statement
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