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Bush Proposed Fannie Mae / Freddie Mac Supervision In Sept 2003
New York ^ | Sept 11, 2003 | STEPHEN LABATON

Posted on 09/17/2008 10:01:15 PM PDT by tallyhoe

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To: KoRn

“…He put Fannie Mae’s [former] CEO, who helped create this problem in charge, of finding his vice president. That’s not change — that’s what’s broken in Washington,” said McCain.


41 posted on 09/17/2008 10:43:30 PM PDT by 1035rep (McCain/Palin 08)
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To: Chaguito

Carl Rove was on Hannity and Colmes tonight slamming these guys and naming names! He said Bush went to congress about Fannie Mae and Freddie Mac. But guys like Barney Frank and Chris Dodd killed the measure! Some Liberal Republicans were with the Dems.


42 posted on 09/17/2008 10:45:26 PM PDT by tallyhoe
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To: GOP Poet
Intelligent people will see that this crisis was caused mostly by leftist Democrats, but the sheeple who get their news from the MSM will be told that it's the GOP's fault. If a hurricane hits a city, and the local Dems don't evacuate it, and don't allow FEMA in for two days, it's the GOP president's fault. If leftists give out home loans to Democrat voters who lack the means to pay them back, and this causes a financial meltdown, it's the GOP president's fault.

That's the way it will be unless the GOP fights back. Bush just sat there and let himself be blamed for Katrina. If McCain just blames this meltdown on generic "Wall Street" types without identifying the culprits, including Gorlick, Schumer, Dodd, Frank, and Obama's crony Franklin Raines (the Ken Lay of Fannie Mae), then the very people who caused the crisis will benefit politically from it.

43 posted on 09/17/2008 10:48:04 PM PDT by puroresu (Enjoy ASIAN CINEMA? See my Freeper page for recommendations (updated!).)
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To: farmer18th; Admin Moderator

I never saw you before this post.
And I already I’ve formed a very
bad opinion of you.

If there’s anything I can’t stand
it’s a FReeper with BDS.

Sad. We might’ve been FRiends.

Please don’t respond back to me.


44 posted on 09/17/2008 10:48:58 PM PDT by STARWISE (They (Dims) think of this WOT as Bush's war, not America's war-RichardMiniter, respected OBL author)
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To: tallyhoe

Thanks for the info. I was at grandson’s birthday party. Glad someone is naming names.


45 posted on 09/17/2008 10:52:30 PM PDT by Chaguito
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To: tallyhoe

Selling their souls and our solvency for Fannie/Freddie cash.
TERM LIMITS!


46 posted on 09/17/2008 10:52:30 PM PDT by STARWISE (They (Dims) think of this WOT as Bush's war, not America's war-RichardMiniter, respected OBL author)
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To: STARWISE

bttt


47 posted on 09/17/2008 10:54:58 PM PDT by 1035rep (McCain/Palin 08)
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To: tallyhoe

Shout it loud from the rooftops: Obama’s pal Franklin Raines is THE KEN LAY OF FANNIE MAE!


48 posted on 09/17/2008 10:55:59 PM PDT by puroresu (Enjoy ASIAN CINEMA? See my Freeper page for recommendations (updated!).)
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To: STARWISE

You’re pathetic. You don’t want a dialogue. You’re little post to the Admin is the sort of whining I’d expectr from a RAT.


49 posted on 09/17/2008 10:56:59 PM PDT by farmer18th (Iraqi Nation Building GWB-Style: "No law that contradicts.. Islam may be established")
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To: nutmeg; Ernest_at_the_Beach; Dog Gone; All

This must get out .. please ping your lists. Thank you .. ;)


50 posted on 09/17/2008 10:59:16 PM PDT by STARWISE (They (Dims) think of this WOT as Bush's war, not America's war-RichardMiniter, respected OBL author)
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To: rodguy911; Alas Babylon!; Morgan in Denver; Laverne; Fishtalk; Pippin; no more apples; Syncro; ...

Pass it on ..BTTT!


51 posted on 09/17/2008 11:04:56 PM PDT by STARWISE (They (Dims) think of this WOT as Bush's war, not America's war-RichardMiniter, respected OBL author)
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To: STARWISE; Norman Bates
This must get out .. please ping your lists. Thank you .. ;)

Please ping your list Norman.

52 posted on 09/17/2008 11:08:22 PM PDT by 1035rep (McCain/Palin 08)
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To: tallyhoe

The U.S. Department of Housing and Urban Development (HUD) has oversight responsibilities for the housing mission of Freddie Mac.

Under the GSE Act, Freddie Mac also must obtain the approval of the Secretary of HUD for any new programs we undertake that are significantly different from programs that have been previously approved.


53 posted on 09/17/2008 11:10:41 PM PDT by NoLibZone (Fannie Mae & Freddie Mac - are not facing any kind of financial crisis,'' Barney Frank 9-10-03)
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To: Grampa Dave; popdonnelly; jellybean; gpapa; Kathy in Alaska; MS.BEHAVIN; beachn4fun; ...

Pass it on ~~PING!


54 posted on 09/17/2008 11:17:20 PM PDT by STARWISE (They (Dims) think of this WOT as Bush's war, not America's war-RichardMiniter, respected OBL author)
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To: FlingWingFlyer
Yup! An now Raines is going to be able to do it again if Obammie is elected by the Obamanoids.

Exactly. One of a zillion reasons why Barack Hussein Obama MUST NOT become President.

55 posted on 09/17/2008 11:18:45 PM PDT by nutmeg (Imagine Commander-in-Chief Barack Hussein Obama... appointing US Supreme Court justices)
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To: Chaguito

Me Too!


56 posted on 09/17/2008 11:19:48 PM PDT by tallyhoe
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To: STARWISE

Wow... good stuff. I’ll ping everyone I know here... thanks!


57 posted on 09/17/2008 11:20:12 PM PDT by nutmeg (Imagine Commander-in-Chief Barack Hussein Obama... appointing US Supreme Court justices)
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To: StarFan; Dutchy; alisasny; BobFromNJ; BUNNY2003; Cacique; Clemenza; Coleus; cyborg; DKNY; ...
Excerpt:

A September 11, 2003 New York Times article shows that President Bush proposed “the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.” His proposal: An agency within the Treasury Department to supervise mortgage giants Fannie Mae and Freddie Mac. Fearing that mortgages would no longer be available to people who were unable to pay them back, Democrats eventually killed the proposal. The current meltdown in the mortgage industry is a direct result of giving mortgages to people who could not pay them back, a practice protected by Congressional Democrats.

58 posted on 09/17/2008 11:22:48 PM PDT by nutmeg (Imagine Commander-in-Chief Barack Hussein Obama... appointing US Supreme Court justices)
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To: nutmeg

bttt


59 posted on 09/17/2008 11:25:16 PM PDT by 1035rep (McCain/Palin 08)
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To: nutmeg

Thank you !


60 posted on 09/17/2008 11:25:30 PM PDT by STARWISE (They (Dims) think of this WOT as Bush's war, not America's war-RichardMiniter, respected OBL author)
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