I've recently seen a couple of articles pointing to the financial crisis being the fault of the Democrats because the top two Fannie Mae donation recipients were Obama and Dodd, both Democrats. The interesting...his campaign employees, including his campaign manager, work or worked for financial industry lobbying firms. McCain's words and actions show he is not the person we want in charge of our finances
"Традиційно теорія стабілізації розглядала капіталістичну економіку, засновану на приватній власності, як механізм, який створює коливання... Зараз нема сумнівів у тому, що головним джерелом нестабільності...фондових ринків або рекордна інфляція Зімбабве не відіграють жодної вагомої ролі в світі, в той час як стан економіки США і курс долара – ключові фактори світової стабільності/нестабільності.
Media Mum on Barney Frank's Fannie Mae Love Connection Are journalists playing favorites with some of the key political figures involved with regulatory oversight of U.S. financial markets? MSNBC’s... Source Bonus lulz for the night: Right-wing radio host Mark Levin acts as Rush Limbaugh's proxy, attacks BillO: "You paid more in hush money for your little phone sex than I've ever earned."
Lawmaker Accused of Fannie Mae Conflict of Interest Friday , October 03, 2008 By Bill Sammon WASHINGTON — Unqualified home buyers were not the only ones who benefitted from Massachusetts Rep. Barney...for product initiatives. Moses worked at the government-sponsored enterprise from 1991 to 1998, while Frank was on the House Banking Committee, which had jurisdiction over Fannie. --MORE--
The WSJ has collected various quotes from House and Senate committee meetings about Fannie and Freddie before their collapse. While the quotes are likely cherry picked, it's clear that a great many politicians were more concerned with having more Americans own houses than they were with the stability of the economy. I suppose if I really cared, I could go find the full transcripts online.
Democrats Covering up the Fannie Mae, Freddie Mac and Economic Crisis Added: September 27, 2008 Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis...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.
Related Dow plummets record 777 as financial rescue fails Fannie, Freddie disclose subpoenas, investigations August consumer spending flat S&P: Home prices post 16 pct. annual drop...index plunged 17.5 percent, its biggest decline in its 21-year history. Home values in all 20 cities fell year-over-year, with Las Vegas prices plunging the most at nearly 30 percent. --MORE--
House Speaker Nancy Pelosi said she expects a deal on the bailout because "it has to happen", but also in an interview with Good Morning America that it's up to the Republicans. Why isn’t it ‘up to the...politics, I hate the hypocrisy, from either side of the aisle. Party of Change? Looks like business as usual to me. If it ‘has to happen’, then use the leadership position you claim and do it, Nancy
