Video: House Republicans Try To Fix Fannie Mae/Freddie Mac In 2004, Get Stifled By Democrats

  •  September 28, 2008

Key quote from Rep. Maxine Waters: “Mr. Chairman, we do not have a crisis at Freddie Mac…”


Personally, I think there’s enough blame to go around for both Republicans and Democrats. But if Obama and Harry Reid and Nancy Pelosi are going to try and lay this at the feet of Republicans, it’s worth pointing that Democrat hands aren’t clean either.

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  • http://Array Jerry

    Hate to say it.. But..

    With people like Maxine Waters, Harry Reid and Nancy Pelosi involved in trying to move us out of the Mess “they” got us in…

    We are in Deep Trouble..

  • robert108

    Even when confronted with the evidence, the leftie stays in denial. That’s just sick!

  • http://fargophantom.com/ Fargo Phantom

    Shelby, the top Republican on the Senate Banking Committee, had earlier told CNBC that he had serious doubts about the proposal.

    Shelby’s opposition was the latest twist in a turbulent day in Washington, when several officials asserted that an agreement in principle had been reached, only to be contradicted moments later by other lawmakers. Read More:
    http://www.fargophantom.com

  • Bat One

    The banks that issued CRA loans are not the banks in trouble.

    WOOF,

    Could you please have the decency to actually KNOW what you’re talking about?

    Of course the banks that issued the CRA loans are not the ones now in trouble. The loans themselves were all bundled and securitized. It is those securities that are the problem and it is the institutions that issued, insured, cross-collateralized, purchased, or traded on them, that are now in trouble.

  • tothestars2

    Denial is the first step to insanity! Waiting for the brown shirts and swastikas! Seig Heil all!

  • http://northerngleaner.blogspot.com/ Gene

    The Acorn funding component should be a deal killer right now.

    If Bush still has a gonad left he must veto it forthwith.

    It’s time to get tough with these gangsters.

    Before I left ND in 1985 I had considered running for office in the state. I had been a pretty successful businessman, lots of supporters, conservative but life turned out different. Moved to IL

    Now seeing all this, my temperament would not have leant itself to this.

    I’m just a bit mean and not very PC. SIGH

  • Wing Chun Geologist

    Here’s another video on Fannie Mae/Freddie Mack, and the CRA:

    http://www.youtube.com/watch?v=H5tZc8oH–o

  • tothestars2

    Denial is the first step to insanity! Waiting for the brown shirts and swastikas! Seig Heil all!

  • WOOFX

    Mohammed108, where is the mountain
    of evidence
    you have spoken of
    that shows how CRA loans
    brought down the financial system.

    You said you’ve been to the mountain,
    show us the money.
    Unleash the numbers, bring em on.

    Still you got nothin you weak little tool.

  • http://sayanythingblog.com robport

    The banks that issued CRA loans
    are not the banks in trouble.

    Because that’s what Poodle wants to believe.

  • WOOFX

    The banks that issued CRA loans
    are not the banks in trouble.

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