A Freddie Mac Money Trail Catches Up With McCain

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  • Posted By: z4t4 @ 09/28/2008 3:23:22 AM

    @ HarleyisHere - I'll give this one more try as if you stop the race non-sense! I'm not white - My Family only got to this county recently - Where I come from People ask you YOUR name then they know who your family is. We get here and nothing but Black & White - You Reagan had a Great Statement - "Let those seeking the office of political power know that office has limits for a taxation that over burdens the population enslaves them. As government gets bigger, be assured liberties shrink" - I still believe that. I could care-less about Obam's Skin color. Its his Politics I don't like. His History has some very questionable people in it.

  • Posted By: z4t4 @ 09/28/2008 2:45:37 AM

    And from th eNY TIMES - http://www.audacityofhypocrisy.com/2008/09/18/ny-times-sept-2003-bush-proposed-tightening-oversight-of-fannie-mae-and-freddie-mac-the-democrats-of-congress-blocked-it/

    • Posted By: american idiot @ 09/28/2008 3:13:33 AM

      Found it: http://query.nytimes.com/gst/fullpage.html?res=9E06E3D6123BF932A2575AC0A9659C8B63&sec=&spon=&pagewanted=2 OK so Barney Frank opposed regulating Fannie and Freddy with that particular bill... Barney Frank is an idiot. BUT this is kind a red herring here, as we are talking about the candidates advisers. Barney Frank is not Obama's campaign manager...Rick Davis IS MCCAIN"S CAMPAIGN MANAGER.

  • Posted By: z4t4 @ 09/28/2008 3:04:42 AM

    @ HarleyisHere You know I just read your long post again - Clearly - Your neither educated or informed. This is a chance for YOUR race to do something good and you guys are still crying like whites owe you something..Well You know what? maybe your correct - Lets see what could we give HarleyisHere - Interesting..OK YOU think Whites have all the JOBS - So that would mean all my taxes are paying for Government programs we don't use!..Hey OK there you Pal We'll give you another Government Program this time You get to pick..

  • Posted By: z4t4 @ 09/28/2008 2:43:48 AM

    Here you go - Its a Blog that basically says the same thing but - I'll get you more. Enjoy -http://gatewaypundit.blogspot.com/2008/09/bush-called-for-reform-of-fannie-mae.html

    • Posted By: american idiot @ 09/28/2008 3:00:43 AM

      That's not the New York Times. That's just some dudes blog.

  • Posted By: z4t4 @ 09/28/2008 2:36:02 AM

    @ @ american idiot - Oh Where's the Artical - I just made it up. I just threw all that out there in the time it took me to type it...I have it on Hard Copy - Now what? Look it up! Grab some of my text and do a search..and when you DISPROVE me Please let me know - I thought for a second there you were actually listening instead of doubting

    • Posted By: american idiot @ 09/28/2008 2:57:56 AM

      Yeah that's what I thought,.. What's the headline? What date? I'm assuming you're ummm paraphrasing?{distorting...} the facts from the article? No way to tell really. Typical Republican.

    • Posted By: american idiot @ 09/28/2008 2:53:51 AM

      Dude. It's 2008. back up your nonsense otherwise it doesn't exist. This is the greatest thing about the intertubes. Accountability. We can watch Palin squirm like a moose in headlights in front of KATY COURIC over and over and over again. The woman can barely put a sentence together. Then again you are a Republican so I guess we can just be happy that your post wasn't in all caps and riddled with spelling and grammatical errors. Oh yeah, just to fan the flames a little bit more, Obama had the balls to go on Bill Orielly. When is Mccain going on Keith Olberman?

  • Posted By: american idiot @ 09/28/2008 2:35:23 AM

    Both parties are to blame for the mess, but only one candidate had a key player as his campaign chairman: This is from the Houston Chronicle, http://www.chron.com/disp/story.mpl/business/steffy/6012610.html
    "Paving the way for today's financial supermarkets was, to be sure, a bipartisan affair. The law was signed by Bill Clinton, and Clinton's Treasury secretary, Robert Rubin, now sits atop Citigroup.





    The new law blurred the lines among financial institutions, allowing them to dabble in home lending, stockbrokering, wealth management, investment banking, commodities trading, insurance and a slew of other activities that swirled into the miasma from which the current crisis grew.

    A year later, Gramm co-sponsored the Commodity Future Modernization Act, which exempted arcane derivative investments such as credit default swaps from government regulation.

  • Posted By: z4t4 @ 09/28/2008 2:14:51 AM

    @ jimoase - SEE NOW YOUR THINKING!!! FINALLY and INFORMED reader!!!! Yes Your correct - What Started out to be CRA (community Reinvestment Act ) In the Carter Administration and slammed in their by ACORN (Obama's Pals) - It was sort of a guideline leaving it to the banks good judgment to make loans to Minorities, and very risky people and business. IF the banks felt these were worth the risk they did it. THEN CAME RENO under CLINTON and held a Gun to banks heads. They got pressure that Banks weren???t making enough loans to minorities but this time RENO went after banks threatening a bad CRA rating if they didn't make more loans (Sub-Prime) See a bad CRA rating is DEATH for Banks - They can't borrow from other banks, they can't borrow from the Securities backing the Money and they can't Merger - Basically RENO was going to squash anyone that appeared "racist"...SO they Made bad loans knowing they were bad but were forced to then sold those bad Debts to FANNY & FREDDY...In 2003 Bush wanted over sight of this and here in my filthy little hands I have that Article from the NY TIMES - then in 2006 Dodd, Schumer, REID, FRANK was getting heat from Bush for more oversight on this - I have that too here - and REID came out and said - BUSH was scaring the Markets and it would reduce growth! THIS MESS is RIGHT at the door step of the DEMS and in particular FRANK & Dodd. This is why they want the GOP to sign on to this PLAN so the GOP can take cover fire when it blows up....They are Snowing NEWSWEEK not me...

    • Posted By: american idiot @ 09/28/2008 2:27:41 AM

      Where's the article? See, this isn't a 30 second Rovian attack ad where you don't have to actually back up your lies. This is the internet fella, and we can easily disprove your nonsense in about 30 seconds. So where's the article?

  • Posted By: z4t4 @ 09/28/2008 2:19:26 AM

    @ american idiot No, But I'll check it out now - Thanks

  • Posted By: american idiot @ 09/28/2008 2:07:05 AM

    Yeah, Frank Raines. Have you guys even READ the Washington Post article the Mccsame ad based their attack ad on? Here's the ONLY quote about Obama:
    "and more recently, taken calls from Barack Obama's presidential campaign seeking his advice on mortgage and housing policy matters."
    That's it. "taken calls" Rick Davis is Mccain's CAMPAIGN MANAGER big difference.

    http://www.washingtonpost.com/wp-dyn/content/article/2008/07/15/AR2008071502827.html

  • Posted By: american idiot @ 09/28/2008 2:06:40 AM

    Yeah, Frank Raines. Have you guys even READ the Washington Post article the Mccsame ad based their attack ad on? Here's the ONLY quote about Obama:
    "and more recently, taken calls from Barack Obama's presidential campaign seeking his advice on mortgage and housing policy matters."
    That's it. "taken calls" Rick Davis is Mccain's CAMPAIGN MANAGER big difference.

    http://www.washingtonpost.com/wp-dyn/content/article/2008/07/15/AR2008071502827.html

  • Posted By: z4t4 @ 09/28/2008 2:02:13 AM

    How is this dirt? Umm - :Let me count the ways - The PALIN Lipstick comment (but when she calls him a street organizer) which really that what he is - Screams of Racism - Gary Williams NY TIMES write an article "suggesting" perhaps Pain???s daughter got knocked up by incest - How many articles did I read of people thinking Palin should have aborted her Son "Trig" because he has down Syndrome, Dawn Fowler Chairperson of the SC DNC saying Palin is only qualified to be VP because she never had an abortion - ARE YOU KIDDING ME! Her Husband during Katina said GOD MUST BE A DEMOCRAT because this would help their chances in 08. Even though both apologized - The DEMS also show who they are - The Death, Doom, Destruction, Despair and Depression Party

  • Posted By: jimoase @ 09/28/2008 1:57:56 AM

    I think it can be said that the poor application of credit is near the foundation of our current financial situation. Legislation from government, Community Reinvestment Act of 1977  http://www.ffiec.gov/cra/default.htm ) and modified many times since, may have a direct correlation with a our current national situation. I think the lack of money available for lending, at this time, will slow our nations financial growth. I think, because of the lack of money for lending, small business, who as a group employ the most people, will be the most affected in our nations business community. Without a vibrant business community, cash flow diminishes, employment diminishes, tax collection diminishes. As the state of Michigan is experiencing with their implementation of planned increased taxes on business, Michigan as a result did not increase their collected taxes, instead Michigan is experiencing the opposite effect as Michigan is now operating with a negative cash flow budget, Michigan is now spending more tax money than tax money collected.

  • Posted By: jimoase @ 09/28/2008 1:57:35 AM

    I think it can be said that the poor application of credit is near the foundation of our current financial situation. Legislation from government, Community Reinvestment Act of 1977  http://www.ffiec.gov/cra/default.htm ) and modified many times since, may have a direct correlation with a our current national situation. I think the lack of money available for lending, at this time, will slow our nations financial growth. I think, because of the lack of money for lending, small business, who as a group employ the most people, will be the most affected in our nations business community. Without a vibrant business community, cash flow diminishes, employment diminishes, tax collection diminishes. As the state of Michigan is experiencing with their implementation of planned increased taxes on business, Michigan as a result did not increase their collected taxes, instead Michigan is experiencing the opposite effect as Michigan is now operating with a negative cash flow budget, Michigan is now spending more tax money than tax money collected.

  • Posted By: z4t4 @ 09/28/2008 1:50:24 AM

    @ SEAEPTON - You say: "Are we protecting ill informed racist right wing voters???. I???ll assume I'm one of those guys simply because you say...But anyway, ha-ha! Actually no, We're protecting the country from a Muslim that has way to many friends like Bill Ayers, AXELROD, ODINKA, REV. WRIGHT, etc..etc.. Show me who your friends are and I'll show you WHO you are. Check out his inner circle - Newsweek will only go so far and you can forget the mainstream "AP", UPI, etc..etc..

  • Posted By: z4t4 @ 09/28/2008 1:22:05 AM

    Anyone Interested in more "dirt"? Can we get more please? Here try this GOOGLE OBAMA and "Odinka" just like that in quotes - Enjoy! Missed Where OBAMA's Campaign is bringing lawsuits? Ok Watch this video from KMOV News: This is Your Future - Enjoy ! http://www.kmov.com/video/index.html?nvid=285793&shu=1

    • Posted By: american idiot @ 09/28/2008 1:44:14 AM

      How is this dirt? Obama's family is from the same tribe? What does this have to do with the subprime crisis? What does this have to do with anything?

  • Posted By: z4t4 @ 09/28/2008 1:43:33 AM

    Newsweek, here, allow me to do your job on this budget -mess "plan" - 10 Days ago (19) Sept. HARRY REID was asked about the crisis - He said "We???re not sure what to do, we need John here (Mc Cain) - After he shows up before the debate every single DEM said what? "We don't need pres. interference, we had a plan but JOHN blew it up" THEY ASKED!! Now, consider this ONE question Just one Newsweek. They have enough votes to pass their "plan" without the GOP. So why didn't they approve it if its so good? Why didn't they say: THE HEG with the GOP? BECAUSE THEY NEVER HAD A PLAN - They tried to sandbag McCain but the real reason here? That 700 BILLION, 20% is going to go to ACORN (Obama's always In court buddies) - Go Ask PELOSI and HARRY and FRANK and Dodd just this ONE Question. Go - Call me when your done see what they say

  • Posted By: scaepton @ 09/28/2008 1:43:15 AM

    Would Republicans give O'Bama a break if he had been one of the Keating Five? It might be helpful to compare these two particular historic economic crises. God only knows why McCain is still in office. Are we protecting ill informed racist right wing voters regarding the disingenuous conduct of McCain and the Republican party? Does McCain have to catch "Moe's pass and score a goal for the other team?

  • Posted By: chicago6 @ 09/27/2008 5:53:34 PM

    Typical Newsweek liberal bias.

    • Posted By: Workin' Patriot @ 09/28/2008 1:42:55 AM

      Ya mean...typical chicago6 neocon bs bias,didn't ya?Yeah,that's what I thought.

  • Posted By: lonely_soul @ 09/27/2008 7:23:24 PM

    Most of us would be happy to earn it, but I gotta say, $15 or $20 thousand a month is not huge money these days, with which to buy influence. This is just more politically biased journalism trying to disguise itself as investigation.

    • Posted By: Workin' Patriot @ 09/28/2008 1:39:29 AM

      If you were smart you'd stopped at..".Most of us would be happy to earn it"....BTW read it again....Davis didn't EARN it...he got it for nothing...DUH!?

  • Posted By: nedla @ 09/27/2008 7:38:05 PM

    This is liberal stuff. Really, it's just liberal, so don't read it. 15 grand a month is nothing anyway, and I bet Obama did worse. There's no way McCain is connected to anything corrupt. McCain felt really bad after the Keating scandal, and he decided he would never do anything like that again. Plus, this guy Davis is only his campaign manager, so it's not like he is an important person in the McCain organization.

    • Posted By: american idiot @ 09/28/2008 1:36:28 AM

      Yeah nothing corrupt. He was sorry about Keating so that makes it OK. You know, just because someone is a POW doesn't mean that can't be total sleazebags. Oh, how about Mccain's ties to the gambling industry: http://www.nytimes.com/2008/09
      Nothing corrupt there./28/us/politics/28gambling-web.html?hp

    • Posted By: DiBaskin @ 09/27/2008 9:39:47 PM

      LMBO! You can't be serious!

      • Posted By: Workin' Patriot @ 09/28/2008 1:16:55 AM

        Liberal...neoCON...what's in a name,anyway?
        Liberal=free/liberty/selfless....CONservative....=stingy,,greedy,selfish,corrupted beyond salvation.
        That's all

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