Neither here nor there to the point that Gingrich was opposing a GOP President’s reform of the GSEs. That’s an indefensible position for a conservative.
“Neither here nor there to the point that Gingrich was opposing a GOP President’s reform of the GSEs. That’s an indefensible position for a conservative.”
Do you know that that is what Gingrich was doing? So far I haven’t seen any explanation of just what it was he did.
Gingrich’s contract with Freddie began in 1999 which is before Dubya took office.
Gingrich could well have been one of the unnamed “supporters” who defeated the effort for more oversight of the GSEs:
“At the time, the companies and their allies beat back efforts for tougher oversight by the Treasury Department, the Federal Deposit Insurance Corporation or the Federal Reserve. Supporters of the companies said efforts to regulate the lenders tightly under those agencies might diminish their ability to finance loans for lower-income families. This year, however, the chances of passing legislation to tighten the oversight are better than in the past.”
The article is one you would be interested in:
Bush, McCain Tried To Reform Freddie Mac
http://sweetness-light.com/archive/bush-mccain-tried-to-reform-housing-finance