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I am sick of hearing all the deflection to deregulation when the core of our melt-down was Freddie and Fannie and their outrageous lending practices supported and protected by Frank, Dodd, and Schumer.

If I have made any mistakes please clear them up for me with your comments. Thanks for reading.

1 posted on 10/04/2008 8:57:43 PM PDT by surfer
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To: surfer

You left off clinton - he pressured banks.


2 posted on 10/04/2008 9:08:35 PM PDT by presently no screen name
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To: surfer

Here’s a new on on the subject; it’s new to me anyway.

http://www.youtube.com/watch?v=usvG-s_Ssb0


3 posted on 10/04/2008 9:15:05 PM PDT by DJ Taylor (Once again our country is at war, and once again the Democrats have sided with our enemy.)
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To: surfer
Hey Brother, Thank you for the headlines! You'll never see this reported on by the MSM, for if they did, you can bet that Obama's goose would be cooked, and the same could be said of every Democrap in both the house and the senate.

But I'm afraid that none of this matters now, because the majority of our elected Republicans are far too interested in just getting along with the Dems than standing up and pointing the finger where it should be.

Also,there are far too many apathetic Americans out there who live only for NASCAR, or either the Life Time channel, and they hear a sound bite by one of the MSM, and that's all they will ever know about anything going on outside their little world.

And with an electorate like that, what hope do we have?

4 posted on 10/04/2008 9:18:52 PM PDT by Hillarys nightmare (So Proud to be living in "Jesus Land" ! Don't you wish everyone did?)
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To: surfer

Barney Frank and fannie mentioned together is a scary thought. :<(


6 posted on 10/04/2008 9:35:39 PM PDT by boycott
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To: surfer
Our talking points should reflect that it was not deregulation but re-regulation,namely the CRA and its revocation of standard loan practice.BTW,I love the graphs on “Burning Down the House”,does anyone have a “works cited”for that video,they`re visual and easy to follow,they`d be good for sound bites.
7 posted on 10/04/2008 9:36:45 PM PDT by nomad
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To: surfer

Consider your editorial peer reviewed.

It passes muster.


8 posted on 10/04/2008 9:37:10 PM PDT by Eric Blair 2084 (Alcohol, Tobacco and Firearms shouldn't be a federal agency...it should be a convenience store.)
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To: surfer

The Fox news channel covered this earlier in the evening, some professor-like man talking to the guy whose hour, or half-hour it was...covered all the bases you covered here, from FDR, LBJ, Carter, right up the line. The mystery is why would the financial institutions buy all these risky mortgages, apparently group them together, and sell? them again in increasingly larger groupings of mortgages...and sell them to who? And why? Why buy mortgages that were rated at something like 50% chance they’d fail? And who would buy ‘em? Shrug.


10 posted on 10/04/2008 9:51:56 PM PDT by Retch_Sweeney (Men for whom God is dead worship on another...Crews maybe)
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To: surfer

Linking this to the Timeline Project / Link List of Bailout History

http://www.freerepublic.com/focus/f-bloggers/2093845/posts


13 posted on 10/05/2008 4:19:24 AM PDT by Arthur Wildfire! March (BO Change is BS Change. A big Zero Change to help Ayers and Raines.)
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To: Sparkles

PING


16 posted on 10/05/2008 5:31:08 AM PDT by tazman3
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To: surfer
I am sick of hearing all the deflection to deregulation when the core of our melt-down was Freddie and Fannie and their outrageous lending practices...

Not defending Fannie/Freddie nor any of the Dims who enabled their fiscal tomfoolery, but there are other, maybe greater influences in the subprime mess, to wit----->Investment Banks Provided Subprime Lenders with Critical Funding.

17 posted on 10/05/2008 11:49:05 AM PDT by ForGod'sSake (ABCNNBCBS: An enemy at the gates is less formidable, for he is known and carries his banner openly.)
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To: surfer

See http://www.youtube.com/watch?v=exxVZTKq1vA

See also http://www.youtube.com/watch?v=1RZVw3no2A4 for a really good 10 minute video about the problem.

Demoncrats - http://www.youtube.com/watch?v=_MGT_cSi7Rs


19 posted on 10/05/2008 12:23:47 PM PDT by narses (Obama and Osama both have friends who bombed the Pentagon.)
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To: surfer
We were just discussing on another thread, an hour long Fox News Special: Saving Our Economy: What'$ Next [MUST SEE] that covers a lot of what you've just posted. It's been on yesterday and today. The Next and LAST showing that I can see, is 10pm ET TONIGHT (10/5/08). So for those of you who've missed it, try and catch it. And if you can corral a lefty or independent to watch it with; do so!
21 posted on 10/05/2008 12:52:29 PM PDT by AFreeBird
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