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Busting The 1% Vs. 99% Myth
IBD Editorials ^ | October 9, 2011 | Editor

Posted on 10/18/2011 6:12:56 PM PDT by Kaslin

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To: Soul of the South
Bush may have warned about Fannie and Freddie in 2003-2004 but what did he do about it? Did he have the Republicans in Congress introduce legislation?

Yes. See the Financial Reform Act of 2005. Passed the House. Was filibustered and failed in the Senate.

It was the fourth such bill attempting to reform Fannie and Freddie. All failed due to a Senate filibuster.

21 posted on 10/19/2011 7:44:59 PM PDT by okie01 (THE MAINSTREAM MEDIA: Ignorance On Parade)
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To: okie01

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22 posted on 10/20/2011 6:38:55 PM PDT by Publius6961 (My world was lovely, until it was taken over by parasites.)
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