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September 17, 2008

McCain Blasted Fannie Mae, Freddie Mac in '06

By DemocracyRules

h/t Hot Air

"I join as a cosponsor of the Federal Housing Enterprise Regulatory Reform Act of 2005, S. 190, to underscore my support for quick passage of GSE regulatory reform legislation. If Congress does not act, 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." -- McCain, 2006

He was right,and Congress was crazy to ignore him .... More here.

Uh, NANCY, you were there... what were you thinking at that time?

on September 17, 2008 at 11:23 PM |

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