Quote:
Originally Posted by Jaaaman
Question. Did you watch the video?
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Yep sure did, and this is when your party held the majority on both sides, answer me one question. Why didnt you pass the regulations then?
Quote:
Originally Posted by itraveltheworld
So these hearings were from 2004. In 2004 the Senate consisted of 51 R's and 48 D's with 1 I caucusing with the Democrats. The House had between 225 and 227 R's with between 206 and 207 D's. So my question is this, where were the Republicans with there majority to save us all ?? They had control of the Senate, House, and White House...yet nothing was done. The same holds true for the 2007-2008 Congress (minus the WH). The Democrats had control and yet did nothing. There is enough blame here to go around. For either side to not accept it simply justifies the approval rating Congress has held for the past 4 years. And speaks volumes to the point that people are too busy fixing the blame rather than fixing the problem. (Kudos to McCain for using my exact words earlier today.)
-traveler-
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My thoughts exactly. I see they ignored your posts to make their point. I for one happen to agree with you. There is no one party at fault for this mess, both neglected to pass legislation that would negate this type of fallout.
Quote:
Originally Posted by kaspy
McCain's advisors are mostly all lobbyists (now ex-lobbyists ) from Fannie Mae/Freddie Mac. Does that mean the extreme right doesn't care about the facts, or doesn't know them?
Ultra conservatives are in the minority, thank God. Much worse than ultra-liberals, who are merely annoying at times.
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Yep, his campaign manager accepted funds from F/F as recent as September, but yet thats ok i guess. No wrong doing there.
Quote:
Originally Posted by NoSocialism.com
Complete and utter BS. It was the CLINTON Administration that Deregulated the Freddie Mac and Fannie Mae Mortgage Giants. The thinking back then was that they wanted Painters, Tile Setters, Plumbers and other small, self employed persons that couldn't get Mortgages without huge down payments to be able to get mortgages. A Noble Effort yes, but the problem was that when McCain blew the whistle back in 2004, that the system was being abused, the Democrats and YES SOME Republicans, were on the take and wanted to keep the status Quo.
Read and get yourself an education. |
If you actually believe that the republican party is without blame your are either a partisan hack or completely blind. Deregulation i guess had no part in this right? Surely the Gramm-Leach-Bliley Act played no role in this as well. No party can point the finger at the other, Congress needs to man the (*)(*)(*)(*) up and quit playing politics and admit they screwed the American people over.
09-30-2008, 06:22 PM
Poor leadership
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