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Keyword: bigbankbailout

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  • Keyes calls mortgage bailout 'socialistic'

    09/25/2008 6:17:23 AM PDT · by TBP · 49 replies · 1,142+ views
    America's Revival ^ | September 25, 2008 | Ambassador Dr. Alan Keyes
    Former Reagan diplomat Alan Keyes commented Sept. 23 on the federal government's bailout of mortgage lenders Fannie Mae and Freddie Mac. The former Assistant Secretary of State, currently running for president as an independent, said the bailout plan as proposed by the Bush administration would effectively transform our nation into "a socialist society." The following is the text of Keyes' statement: What I have to say about the bailout is that, with a concrete proposal on the table, it becomes much more obvious what is actually going on right now, and I think that we have to confront it. And...