Skip to comments.McCain Letter Demanded 2006 Action on Fannie and Freddie
Posted on 10/11/2008 11:54:16 AM PDT by bobsunshine
Sen. John McCain's 2006 demand for regulatory action on Fannie Mae and Freddie Mac could have prevented current financial crisis, as HUMAN EVENTS learned from the letter shown in full text below.
McCain's letter -- signed by nineteen other senators -- said that it was "...vitally important that Congress take the necessary steps to ensure that [Fannie Mae and Freddie Mac]...operate in a safe and sound manner.[and]..More importantly, Congress must ensure that the American taxpayer is protected in the event that either...should fail."
Sen. Obama did not sign the letter, nor did any other Democrat.
(Excerpt) Read more at humanevents.com ...
Was it posted as a thread or just a post within another thread?
I think it had its own thread.
Too late to matter. McCain should’ve brought it up in the first debate. Instead he undermined his own preparation for the debate and looked like a dunce and got whaled for the first 30 minutes.
“The Next Bubble: Priming the markets for tomorrow’s big crash”
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Posted on 10/11/2008 12:52:04 PM PDT by truth_seeker
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Posted on 10/11/2008 1:55:57 PM PDT by flyfree
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Golly, where’s 0bama’s sig? It must be there somewhere....NOT!
If Mccain had any smarts he would do like Rush did and place it on Ebay, raise some money for the RNC.