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McCain Letter Demanded 2006 Action on Fannie and Freddie
Human Events ^ | October 10, 2008 | Staff

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 ...

TOPICS: Business/Economy; Extended News; Front Page News; News/Current Events; Politics/Elections
KEYWORDS: 109th; 2006; congress; democrat; democrats; elections; fannie; fanniemae; financialcrisis; freddiemac; humanevents; mccain; mccainpalin; mccainrecord; obama; republican
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To: Bahbah

Was it posted as a thread or just a post within another thread?

21 posted on 10/11/2008 12:37:38 PM PDT by tsmith130
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To: tsmith130

I think it had its own thread.

22 posted on 10/11/2008 12:41:34 PM PDT by Bahbah (Typical white person-Snow white)
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To: bobsunshine

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.

23 posted on 10/11/2008 1:15:42 PM PDT by DiogenesLaertius
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To: bobsunshine
Bring the letter to the next debate and make Obama show the people where his name is on it. Make Obama explain Raines. Make Obama explain ACORN. Make Obama explain Ayers. Enough debate, make Obama explain his associations and past votes. John needs to understand that the media nor Rats really care what solutions he proposes, they won't report it fairly, so he needs to go for all out and make Obama explain.
24 posted on 10/11/2008 2:27:02 PM PDT by tobyhill (If you don't give to the ghetto, the ghetto will take from you.)
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To: AdmSmith; Berosus; Convert from ECUSA; dervish; Ernest_at_the_Beach; Fred Nerks; george76; ...

“The Next Bubble: Priming the markets for tomorrow’s big crash”
Harper’s Magazine | February 2008 | Eric Janszen
Posted on 10/11/2008 12:52:04 PM PDT by truth_seeker

rightwingnuthouse | Rick Moran
Posted on 10/11/2008 1:55:57 PM PDT by flyfree

25 posted on 10/11/2008 2:47:13 PM PDT by SunkenCiv ( hasn't been updated since Friday, May 30, 2008)
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To: bobsunshine; All
Sarah Palin said that she needs OUR help to get the MSM to report on the REAL issues. She’ll fight them, but she said she can’t do it alone. The article above is one of those issues! They need to know WE know about it. Please help Sarah take on the MSM by sending a link to this article to the media contacts below:

Rush Limbaugh:
Glenn Beck:
Sean Hannity:
Mark Levine:

The Drudge Report:

Scripps-Howard News Service, Jennifer Sergent (Washington Correspondent):

Boston Globe:
Boston Globe:
Chicago Sun-Times, Jack Barry (General Manager):
Chicago Sun-Times, Michael Cooke (Editor in Chief):
Christian Science Monitor, Feedback:
Houston Chronicle, News tips/Editor:
Investor's Business Daily, IBD Editorial Department:
Kansas City Star, Steve Kraske:
Media Matters for America, News Tips:
Milwaukee Journal Sentinel, Richard Foster (Editorial writer columnist):
New Republic, Editors:
Wall Street Journal, Greg Hitt:
Washington Post:
Washington Times, John McCaslin:

PBS The News Hour with Jim Lehrer:

CBS Face the Nation:
CBS Sunday Morning:
CBS 48 Hours:

FOX News Sunday:
FOX News Watch:
FOX & Friends:
FOX Your World with Neil Cavuto:
FOX News Live w/ Jamie Colby:
FOX Report w/ Shepard Smith:
FOX Special Report with Brit Hume:
FOX On the Record with Greta Van Sustern:

CNN Lou Dobbs:
CNN Wolf Blitzer:
CNN Campbell Brown: (just for fun)
CNN Anderson Cooper 360:

IMPORTANT: Be sure to add your name and town, they don’t pay attention to anonymous emails. They also don’t read mass emails, so be sure to send “BCC” if being done as a group, or just send them individually so it will look like it went only to them.

Light your torches, grab your pitchforks, and tell the MSM what America is REALLY thinking about. MAKE it the news. Your email account is your weapon, and this is war. So lock and load, and use your electronic Liberty Teeth! Help Sarahcuda, and FReep the MSM!

MAKE this the news!!!

26 posted on 10/11/2008 3:13:42 PM PDT by thatdewd (All that is necessary for the triumph of Evil is that good men do nothing.)
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To: thatdewd
Here is a copy of the letter signed by McCain and others :

27 posted on 10/11/2008 8:29:53 PM PDT by SeekAndFind
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To: SeekAndFind

Golly, where’s 0bama’s sig? It must be there somewhere....NOT!

28 posted on 10/11/2008 8:34:07 PM PDT by thatdewd (All that is necessary for the triumph of Evil is that good men do nothing.)
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To: bobsunshine

If Mccain had any smarts he would do like Rush did and place it on Ebay, raise some money for the RNC.

29 posted on 10/12/2008 7:11:39 AM PDT by pennboricua
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