Sam on Bob Harden Stress and CBT

Monday, September 29, 2008

ECONOMY: Democrats Defending Fannie/Freddie -Republicans Call for Oversight

MEDIA IS HIDING THE FACT THAT THE DEMOCRATS CREATED THE FINANCIAL MESS!! THEY ARE ONLY RUNNING DEMOCRAT PROPAGANDA TO BLAME BUSH AND REPUBLICANS FOR THE MESS THEY CREATED AND THE POSSIBLE COMING RECESSION THAT DEMOCRATS ORCHESTRATED!REPUBLICANS WARNED IN 2004 THIS WOULD HAPPEN! DEMOCRATS STOPPED ALL FIXES!


http://www.youtube.com/watch?v=_MGT_cSi7Rs


That CSPAN video is something else. I advise everyone to watch it. Why isn't McCain running an ad with these clips on them??

What Amy Proctor's blog has to say about this video:


2004 Footage Shows Democrats Defending Fannie/Freddie Illegal Book Keeping While Republicans Call for Oversight

Sunday, September 28, 2008 at 05:59AM

Thanks to Naked Emperor News, this incredibly incriminating footage on C-Span from 2004 shows a Congressional hearing on oversight of Fannie Mae and Freddie Mac, investigating illegal book keeping of the government backed banking companies.

You’ll notice Democrats like Barney Frank, Maxine Waters, Gregory Meeks and Artur Davis saying Fannie Mae and Freddie Mac were doing just fine, didn’t need to be investigated and beating up on regulators trying to keep Fannie and Freddie honest.

Meanwhile, Republicans like Richard Baker, Ed Royce, Christopher Shays and Don Manzullo predict trouble ahead at Frannie and Freddie, call for more oversight and condemn the incredible profits of the CEOs of these government sponsored financial companies.

Amy Proctor: http://amyproctor.squarespace.com/blog/2008/9/28/2004-footage-shows-democrats-defending-fanniefreddie-illegal.html

1 comment:

Amy Proctor said...

Pretty incredible, isn't it? And then Harry Reid and Nancy Pelosi stand up and tell the cameras the REPUBLICANS are to blame for this mess!

Usually they point to the Republicans controlling the House and Senate but the oversight hearings are evenly divided between Dems and Republicans. There isn't a majority to speak of on those committees. So laws aren't made if a committee determines there's no need for legislation.

That's what happened in this video. Any regulatory legislation died in committee.