Archive for September 28th, 2008

Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam


Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis.

At a 2004 hearing see Democrat after Democrat covering up and attacking the regulations to protect Fannie Mae and Freddie Mac (their Cash Cows) that are now destroying our economy because the Democrats let them cheat.

 http://www.youtube.com/watch?v=3QBRIsCkGQ0
the Democratic Congress has accepted money from Both Fannie Mae and Freddie Mac during a time when Republicans Like John McCain were introducing legislation that could have averted this crisis, others like Chris Dodd and Barney Frank have stood in the way of such legislation while Senator Barack Obama seems to have been holding his tongue on the matter. See This Link for Contributions made to Barack Obama, Chris Dodd, Barney Frank, John Kerry and others in congress responsible for the failures: http://www.opensecrets.org/
so in retrospect the current crisis has nothing to do with Bush, it has a lot to do with Carter, and Clinton, and a democratic Congress blocking legislation conservatives tried to pass in 2005 when something could still be done about it.In the mean time: Read more »

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