Personally, I have no problem with earmarks. I don’t want to send my tax money to Washington in the first place. If my congressman or senator can bring it back to my state to spend instead of spending it on Solyndra in Calif or on a high speed rail in Calif, then I’m just fine with that.
Better that I’d get tax cuts and didn’t have to send them anything.
Santorum was endorsing Romney when the other choice was John McCain. Santorum had worked with McCain. It seems he didn’t like him.
So, Santorum was trying to defeat McCain who he saw as a loser. Turns out he was right.
How could he say that Romney was “conservative”?
There is no way. I assume he was lying and knew he was lying...all for political purposes.
“I assume he was lying and knew he was lying...all for political purposes.”
Santorum caught lying in the 2012 debates as well!
... I’m wondering if he’s not Romney’s kin, after being the fervent Romney’s supporter in 2008 ...
“In a recent debate, Santorum declared, “In 2006, I went out and authored a letter with 24 other senators asking for major reform of Freddie and Fannie, warning of a meltdown and a bubble in the housing market. I stood out, I stood tall and tried to get a reform, and we couldn’t do it.”
Now really?
From the famous letter tracked down:
“We are concerned that if effective regulatory reform legislation for the housing-finance government sponsored enterprises (GSEs) is not enacted this year, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system and the economy as a whole. Therefore, we offer you our support in bringing the Federal Housing Enterprise Regulatory Reform Act (S. 190) to the floor and allowing the Senate to debate the merits of this bill, which was passed by the Senate Banking Committee. ...
“Congress has the opportunity to recommit itself to the housing mission of the GSEs while at the same time making sure the GSEs operate in a manner that does not expose our financial system, or taxpayers, to unnecessary risk.”
In other words, the Senators warned of the risk Fannie and Freddie might pose to the financial system if they couldn’t cover their obligations.
No trace of “warning of a meltdown and a bubble in the housing market”, neither of staying “out and tall” (unless he was talking of how tall he is)
“Santorum, who served in the Senate from 1995 to 2007 after a stint in the U.S. House, gets credit for supporting the Federal Housing Enterprise Regulatory Reform Act in 2005, the year before senators’ letter to their colleagues. The goal of the legislation, according to its official summary, was to set up stronger congressional oversight of Fannie and Freddie and other housing entities by a new Federal Housing Regulatory Agency.
Santorum bucked a strong covert lobbying effort by Freddie Mac to kill the legislation, supporting it in committee — though he was not one of its co-sponsors. (The lobbying effort ultimately kept the bill from reaching the Senate floor.)”
Has anyone cried “POMPOUS LIAR” ?