This is phenomenal. Phenomenal. Not so much the production values, but the facts contained herein. Watch it and pass it on, because the Left is 1) lying through its teeth and 2) well positioned to walk off with the election on this issue if the truth isn't shouted from every rooftop and laptop in the land.
Fact: Clinton Era policy and recent Democrat crony capitalism caused this financial meltdown.
Fact: Bush and McCain tried to put the breaks on this mess, first in 2003, then in 2005.
Fact: Barack Obama has received more money from Fannie Mae than any senator in the past 20 years. A lot more.
I welcome all attempts to refute these facts. I'm even turning the comments on briefly for that express purpose. But you'd better use facts to refute facts.
And with even The New York Times confirming McCain and Bush Administration efforts to reign in the subprime insanity through tighter regulation, you've got your work cut out for you.
Favorite fact I'd like to see refuted: #3 above - How Barack Obama didn't receive 20 times the political contributions from Fannie Mae of any senator going back a full two decades -- 49 times the amount McCain did. ($42,116 to $862... How long were these two gentlemen in office respectively again?) And how sub-prime king and former Fannie CEO Jim Johnson wasn't a campaign staffer for Barack Obama until he resigned amid controversy earlier this year.
Seriously. If McCain isn't game enough to ride this pony to victory in the debate tonight, he's a fool who deserves to lose.
Showing posts sorted by relevance for query fannie. Sort by date Show all posts
Showing posts sorted by relevance for query fannie. Sort by date Show all posts
Friday, September 26, 2008
Friday, October 3, 2008
CORRECTION: Hands on fanny, hands ON Fannie

You grope my rear, I'll...er...'cover' your Fannie
Huh. And I was just kidding with the Barney Frank "hand on fanny/Fannie" stuff. Turns out I was dead on. Check it out here.
Or, if Fox News is too "biased" for you, try The Boston Globe on for size. Still not Woodward-n-Bernsy enough? Let's go with The New York Times.
Have you ever seen a pack of dirty politicians this smilingly blatant in their dirty politics? It's beyond hypocrisy. They truly do believe we're that stupid. Or that enough of us are that it's worth playing the odds. Staggers the imagination. (And apparently jiggles the hiney.)
Thursday, September 25, 2008
So it IS their fault!

Barney Frank: hand on fanny, hands OFF Fannie
And here I was quietly thinking Rush Limbaugh was embarrassing us by trying to pin the financial crisis on just the Democrats. Then I read this... From the New York Times, no less. Note the 2003 dateline.
"Among the groups denouncing the [BUSH ADMINISTRATION] proposal today were the National Association of Home Builders and Congressional Democrats who fear that tighter regulation of the companies could sharply reduce their commitment to financing low-income and affordable housing.'These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. 'The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.' "
Evidently the 'Times' assumed this was egg on Republican face, so it repeatedly reminds which party stood where:
The Republican response to Democrat obstructionism back in 2003?"Representative Melvin L. Watt, Democrat of North Carolina, agreed.
'I don't see much other than a shell game going on here, moving something from one agency to another and in the process weakening the bargaining power of poorer families and their ability to get affordable housing,' Mr. Watt said. "
" 'The regulator has not only been outmanned, it has been outlobbied,' said Representative Richard H. Baker, the Louisiana Republican who has proposed legislation similar to the administration proposal and who leads a subcommittee that oversees the companies. ... 'This is not world-class regulatory work.' ''Did I mention that was in 2003? As for John McCain...
"...Oh, and there is one little footnote to the story that's worth keeping in mind while Democrats point fingers between now and Nov. 4: Senator John McCain was one of the three cosponsors of S.190, the bill that would have averted this mess."No wonder getting back to D.C. was looking like a better PR opportunity for John McCain than Friday's debate.
Yep. They gave away the store, and the poor were "helped" from their apartments right onto the street with a brief detour through some really nice pads.
Can't wait to see how Obama's plans for free college, energy and health care turn out.
Now excuse while I start stockpiling canned goods and batteries.
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