Video: "Explosive Audio Unearthed: After the Sub Prime Crisis already started in 2007 Obama says Sub Prime Mortgages that gave houses to people WHO COULDN'T AFFORD THEM was a GOOD IDEA!!" (Added October 4, 2008)
Video: "Explosive Audio Unearthed: After the Sub Prime Crisis already started in 2007 Obama says Sub Prime Mortgages that gave houses to people WHO COULDN'T AFFORD THEM was a GOOD IDEA!!" (Added October 4, 2008)
McCain went on the senate floor on May 26, 2006 and tried to pass legislation to reign in Freddie and Fannie...the democrats didn’t let it out of committee...she’s confusing McCain’s action versus Obama’s inaction...
My memory is that the talking head asked what kind of legislation Obami had introduced that she said he "contacted Paulson" (or it might have been that he contacted the Treasury secretary). The talking head didn't follow up by asking if it was a letter, a phone call, something said on the floor, etc.
My impression was she had gone beyond spin and was outright lying.
Oh yeah, right. Not
They’re all over the networks saying that Obama tried to reign it in in 2006, even personally requesting that Paulson hold a summit.
“FactCheck” is lying again...
No, she tried to infer that by saying that Obama went to Paulson trying to get together a “summit” to address the issue, but it never happened.
They “claim” he wrote a letter to Paulsen. Why he would do that instead of introducing or supporting legislation is silly. I call BS.
He is the most dangerous man ever to run for president in American history..
Please...! Why would he care?
I really doubt it. Almost all of Obama’s older statements on the issue focus on keeping people in houses (they can’t actually afford), nothing seems to address the financial impact of sub-prime lending.
I think she is under the influence of drugs.....or kool aid.
Here is the letter Obama keeps refering to:
http://www.freerepublic.com/focus/f-news/2098904/posts
I broke it down paragraph by paragraph. It isn’t a warning about financial meltdown. It is a warning that we need MORE sub-prime loans.
Read it. It is amazing they can get away with saying Obama warned about the current crisis. Had they followed the advice in Obama’s “warning” letter, the crisis would have been WORSE.
Here’s a fact check suggestion: McCain should propose to Obama at tomorrow night’s debate that each one of them be wired to a lie detector which in turn is wired to an electrode attached back on their individual torsos. A lie would be “shocking” to the perpe’trait’or. I.E., you lie, you fry. Watching Obama dance around the stage would be great entertainment!
Hmm. My experience is that if you write a letter to your Senator about, say, “my kid says Army food stinks,” your Senator forwards it to the Secretary of the Army and eventually receives a bland reply which he in turn forwards to you, along with a covering letter that says “if I can be of any further assistance....”
So I gotta wonder: did Obama write a letter to Paulson or did he just forward a constitutent’s letter for which he’s now trying to take credit?
Give Factcheck.org no credibility on Obama-related topics, as Annenberg supports both.