acting, I don't care about frank and his acting either. I want to know what the stupid party, the republicans, game plan is on fixing this mess!!
So far it's been shovel money out the door!!! To their campaign contributors!!!
When you get time, SuziQ, look up how many on mccains election staff were paid lobbyists for Freddie and Fanny. There were paid to lobby against and prevent regulations.
No party's clean in this mess!!
President Bush tried, twice, to get legislation passed to rein in the abuses. The Democrats voted as a group against it. There may have been some RINOS who went along with the Democrats, but I believe, for the most part, that Republicans supported the President. Even McCain, in 2005, joined the President in trying to change the practices of Fannie and Freddie.
Fannie and Freddie were creations of Congress, and it was Congress's responsibility to oversee their actions.