It would appear that in 2004 congressional hearings, condensed for your viewing pleasure here, Democrats rather vehemently defended Fannie Mae and Freddie Mac against Republican warnings of impending disaster and calls for greater regulation.
It would appear that former President Bill Clinton confirms this fact (watch the entire video).
It would appear that the current Republican candidate for President echoed these concerns before congress in May of 2006.
And yet, somehow, it would appear that the Democratic candidate for president, the second largest recipient of campaign contributions from Fannie Mae and Freddie Mac, is re-establishing his significant lead in the polls , due largely to this crisis.
America, 1 +1+1 does not = O. You are giving yourselves away.
Cheers,
Charlie
4 comments:
Did not the Republicans control the House, Senate and the Presidency in 2004? If they were so concerned why didn't they do something about it?
That's leadership we can believe in...
My Dear Anonymous,
You are correct. They did. They should have pressed harder. They should have followed through. They failed. And as a result of their failure in this and many other areas where Conservative principles needed vigorous application, they lost the House and the Senate.
Are you suggesting then that the wiser course of action is to further empower the scoundrels who created and/or defended this cancer on the American economy?
Your short-sightedness here, shared it would seem by an increasing majority of the American population, is of the ilk that oft proves fatal.
Cheers,
Charlie
This is what you call the blind leading the blind, and they can't even see that they are blind. Ignorance is bliss is an understatement.
John 8:42-47
“Jesus said to them, “If God were your Father, you would love me, for I came from God and now am here. I have not come on my own; but he sent me. Why is my language not clear to you? Because you are unable to hear what I say. You belong to your father, the devil, and you want to carry out your father’s desire. He was a murderer from the beginning, not holding to the truth, for there is no truth in him. When he lies, he speaks his native language, for he is a liar and the father of lies. Yet because I tell the truth, you do not believe me! Can any of you prove me guilty of sin? If I am telling the truth, why don’t you believe me? He who belongs to God hears what God says. The reason you do not hear is that you do not belong to God.”
The reason I have posted John here is because democrats cannot hear the truth because those who are of the truth are of God, and those who are full of lies and deceit are of the devil.
We may not be able to understand why the truth is being ignored, when in fact the democrats cannot even hear it - it isn't in them because it is not their native tongue.
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