Newt has disclosed all that he needs to about Freddie/Fannie.
GO NEWT GO.......
ABO.
Around here I see it’s ABR.
I will not support Newt in the primaries. IF he takes the RINO nomination - I will hold my nose and vote for him. Just like I did for McCain.
But I wonder what the mood of this site will be like when Mitt Romney is the GOP candidate? Speaking for myself.. I’ll be more OK with that than when MCain was the choice in 2008.
“as I said to them at the time, ‘This is a bubble. This is insane. This is impossible.’ “ Newt
re Fanny & Freddie - he HAS said THIS - and we need to repeat it and post it and repeat it and send to Hannity - to Rush - et al
He took the job because he is concerned about helping people HELP THEMSELVES get homes. He thought that was what F&F wanted - but when he found out what their bottom line was, this is what he advised them.
Excerpt:
“And my advice as a historian, when they walked in and said to me, ‘We are now making loans to people who have no credit history and have no record of paying back anything, but that’s what the government wants us to do,’ as I said to them at the time, ‘This is a bubble. This is insane. This is impossible.’ “
http://politicalticker.blogs.cnn.com/2011/11/15/gingrich-fires-back-at-lobbying-charge/
they said to him “that’s what the government wants us to do.” They were forced to. BY WHOM? That’s what’s being forgotten.
Now, that all being said - why is NO ONE going back to ask why the banks, who did NOT want to make these loans, did? Who forced them to?
http://www.mediacircus.com/2008/10/obama-sued-citibank-under-cra-to-force-it-to-make-bad-loans/
“Obama Sued Citibank Under CRA to Force it to Make Bad Loans”
Does that ring a bell? This was brought to light some years back - but no one listens.
We’ve got to turn into investigative reporters - because there aren’t any left in today’s media. We have to dig these things out and get the out!