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Baldwin blames Frank and Democrats for Fannie & Freddie. He also blames Clinton for the repeal of Glass-Stegall (banking act). G-S Act came out of the 1929 Crash where Banks could not do securities, securities firms could not be banks, investment pools were banned (modern day hedge funds), no naked shorting and the uptick rule on shorting (very important) and Chris Cox is still screwing around no reimplementing the uptick rule. Obama's buddies at the Chicago Options Exchange can still drive stocks down with options.

So why did Baldwin say this now and 24-hours after O'Reilly? They are both from Long Island and they know each other. Both are loud Irish-Catholic like fellow Long Islander Rosie. BTW - I am part Irish.

My guess is Alec and O'Reilly have lots friends on Wall Street and on Long Island that have been absolutely devastated. NYC/Wall Street has been devastated because of Fannie & Freddie. Baldwin is 100% right about Fannie & Freddie with Frank and his lackeys who were specifically on the Congressional Black Caucas protecting Raines. Baldwin probably did not want to be painted as a racist. He is right about Clinton and Glass-Stegal's repeal. The question is does he have another motive. Is this to make Frank the fall guy to divert attention away from Obama.

Baldwin is not a stupid guy and said this for a reason. Maybe he knows what the real plan is and he saw how that "plan" has wiped out friends of his on Wall Street and on Long Island.

McCain and Palin need to try to educate the public that Fannie & Freddie were our Financial 9/11 and Pearl Harbor in one. If Obama and the Democrats are in control - this will happen again and we will be financially bled to death. The Democrats were 90% at fault here and they flipped it on the Repubs and most of the public bought it. McCain tried in 2003, 2004, 2005, 2006 and on to try to stop the Fannie & Freddie, CRA, community organazier undermining of our entire financial system and was blocked by Democrats. What we have witnessed over the passed 3 weeks was a coup. Offshore money helped. This was a 9/11 Part 2. Osama's goal was to financially cripple the United States on 9/11.

I have a neighbor who worked for a financial firm that was solid and was wiped out overnight. I have no idea what this guy is gonna do. This could have been me or anyone else I or we know.

Contribute and volunteer for McCain-PALIN 2008.

1 posted on 10/05/2008 10:13:40 AM PDT by Frantzie
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To: Frantzie

Surprising, but what’s not surprising is that as with most liberals it takes going through a personal encounter with reality for them to wake up (if only for a few minutes). He’ll revert to a retard in due time, fear not.


2 posted on 10/05/2008 10:16:11 AM PDT by TheZMan (Bitter backwoods east Texan Christian gun clinger with the AC at 72 degrees.)
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To: Frantzie
Baldwin blames Frank and Democrats for Fannie & Freddie


3 posted on 10/05/2008 10:17:16 AM PDT by HEY4QDEMS
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To: Frantzie
Baldwin must have lost his pants on wall street this past week. There is no explanation for why he would actually see the light and blame the real culprits when the dem talking points are "the savior, obama, knew the answer and no evil republican would listen to him"....
5 posted on 10/05/2008 10:23:18 AM PDT by WhyisaTexasgirlinPA (Obama prays to himself: "The prayer that I tell myself every night ...")
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To: Frantzie

I guess liberals crossed the line when they caused Alec to lose big bucks.


11 posted on 10/05/2008 10:34:20 AM PDT by scratcher
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To: Frantzie
What is going on here?????

In the past three weeks, I have agreed with Dennis Kucinich, Hillary Clinton and now Alec Baldwin!

MAKE IT STOP!!!!!

14 posted on 10/05/2008 10:41:55 AM PDT by Tanniker Smith (Teachers open the door. It's up to you to enter. Before the late bell. When I close the door.)
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To: Frantzie

bttt


15 posted on 10/05/2008 10:42:10 AM PDT by timestax
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To: Frantzie

Also of note SNL had a skit last nite that pointed the finger at Barney and other dims ... tina and alec work together.
wonder what is up


17 posted on 10/05/2008 10:43:04 AM PDT by cmet
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To: Frantzie

Heads up - this could turn the tide.
FOX is rerunning “Saving the Economy...” at 2 EST this afternoon and again at 10:00pm and again at 1:00 in the morning.

They ran it 3 times yesterday.

If you haven’t seen it, you MUST. It is a TOTAL take-down on the demRats regarding the Fannie/Freddie economic debacle.

It names names, shows clips, shows how Bush sounded the alarm and tried to get it reigned it, how the republicans tried to and had hearings - to be shouted down by the demRats and defeated with all demRats voting against, all pubs voting for reigning it in - led by barney and Dodd and Shuckster, how the 2 biggest recipients of the Fannie/Freddie were Dodd and Obama - how a ‘young community organizer, years ago, in Chicago, worked with ACORN to push through these loans for even NO income people - a young community organizer named BO -

This whole program is a total and stark expose laying out who - the demRats - brought this all about and how they blocked every effort by the Republicans to reign it in.

If you have not seen this program - you must. I pray they keep airing this until Nov. It may just wake some people up.
It’s an issue that all America is paying attention to, finally. This program shows them who orchestrated the whole fiasco.

I could hardly believe my ears when I heard it last night. Incredible. So far, I haven’t heard a peep of ‘outrage’ from the left. I think this scares them to death and they hope it will just go away.

I think there’s going to be some major investigations although, if we don’t give mcC/Sarah a majority in the Senate and House to work with, it won’t matter if barney et al are found absolutely guilty - they will NOT be forced to step down. Take the case of william “cold cash” jefferson, for ex.

email everyone you know to watch this and email FOX with KUDOS - the more response, the more they’ll air it.


20 posted on 10/05/2008 10:49:32 AM PDT by maine-iac7 (No trees were killed in sending this message but a lot of electrons were terribly agitated)
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To: Frantzie

Alec also made fun of Suzie Orman, the lezbo “taxes are good” talk-show girl. Maybe being a displaced father up against the feminist judicial system has made him start to think. I just saw a pig flying by my window too.


23 posted on 10/05/2008 10:58:12 AM PDT by farmer18th (I had a brain transplant after college. (The original was ruined.))
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To: Frantzie
Oh no, Kim Jong ill was wrong?


25 posted on 10/05/2008 11:01:01 AM PDT by Syncro (Tagline: optional, printed after your name on post)
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To: Frantzie

Holy smokes, has he had a stroke?


27 posted on 10/05/2008 11:22:04 AM PDT by GnuHere
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To: Frantzie

Gee, has little Mr Baldwin lost a bit of dough in the stock market? Boo Hoo.

NOW he becomes aware that his party is full of thieves and incompetants.


29 posted on 10/05/2008 11:44:59 AM PDT by Darnright (A penny saved is a government oversight)
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To: Frantzie
McCain is Lorne Michaels's favorite Republican, and Lorne Michaels produces Baldwin's show as well as Saturday Night Live. Maybe that's not saying much, but McCain's been on SNL and his daughter was an intern there.

SNL did a very funny and spot-on sketch about the Democrats and the mortgage crisis this weekend, that pointed fingers at Pelosi, Frank, Soros, and the Sandlers, so whatever they think about Bush at NBC, they're not in the dark about the current economic crisis.

It's a hard job being wrong about everything. Sometimes it gets so trying that one breaks down and get things right for once. It looks like that's what happened to Alec.

I'm glad that Baldwin never read the things that we said about him, since that could have kept him from coming to this realization.

33 posted on 10/05/2008 12:22:18 PM PDT by x (Despise no man and deem nothing impossible; every man has his hour and every thing its place.)
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To: Frantzie

Well you can knock me over with a feather — Arec Bardwin right about something?


34 posted on 10/05/2008 12:25:49 PM PDT by Unam Sanctam
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To: Frantzie
The only message I get from this is that Baldwin realizes that he is as vulnerable as "main street" when it comes to financial stability.
His IQ must be over 70; I am surprised.

Unless he keep his entire net worth inside his mattress.

What his home address? Anybody know?

35 posted on 10/05/2008 12:30:24 PM PDT by Publius6961 (Change is not a plan; Hope is not a strategy.)
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To: Frantzie
If a Bush-bashing, Republican-hating nincompoop like Alec Baldwin understands that Democrats are responsible for the current financial crisis, and is willing to say so on national television, why can't America's so-called "real" journalists?

Fox News' David Asman has a special they've been running: "Fox News Special: Saving Our Economy: What'$ Next?". THIS IS MUST SEE TV folks. It goes all the way back to FDR and up through LBJ, Clinton, Frank, Schumer, Dodd... It's quite damning.

You can see it again tonight on Fox News Channel at 10pm ET.

39 posted on 10/05/2008 1:05:03 PM PDT by AFreeBird
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To: Frantzie
Alec Baldwin standing up for the truth? My my truth is stranger than fiction.

Maybe his brother Stephen finally got through to him! Praise the Lord.

40 posted on 10/05/2008 1:41:46 PM PDT by pray4liberty (The Lord is on the side of the truly righteous.)
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To: Frantzie

When Alec Baldwin starts to make sense, the world really has turned upside down. I’ll bet most Dems know he is right, but can’t stand to look at the problem because they’re afraid of what they’ll see. Pubbies aren’t totally blameless, but the Dems created this problem and refused to try to reform it. They deserve about ninety percent of the blame.


41 posted on 10/05/2008 1:41:55 PM PDT by driftless2
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