In truth, the Bill that would have likely averted the Fannie/Freddy failure -- the Federal Housing Enterprise Regulatory Reform Act of 2005 (S. 190) -- was Republican legislation introduced by Sen. Charles Hagel [R-NE] in January of 2005. And it was the Democrats who opposed it in committee, fearing that its restrictions and portfolio caps might impair mortgage market liquidity, and subsequently, affordable housing. Despite the "nay" votes of all 9 Democrats on the Senate Committee on Banking, Housing, and Urban Affairs, the bill moved to the Senate floor, where it died in limbo lacking a filibuster-proof majority. The Bill was reintroduced in the 110th Congress as S. 1100, but was kept on ice by committee chairman Chris Dodd, who, coincidently, received $133,900 in grease from Fannie and Freddie over the past decade.
I actually think Obama is a poor choice as President. He really hasn't got the correct experience.
Do you concede that Obama has the ability and the temperament to consult hundreds of highly experienced experts in all fields and make deliberated, intelligent decisions with good intentions?
I do, but here I quote George Bush!!
"Good intentions aren't good enough!”
I you believe one word of Bush you are living on another planet! If he had said that what a lie - what good has he done for his country or the world?
There's no doubt the Republicans have lost a heck of a lot of support over the 2 terms. Their perceived better management of the economy is not a given anymore. It may actually come down to the real issues and truth about that this time.
Basically, the Republicans have drawn alot of fire to themselves, so the typical attitude amongst voters would have to be "well we've given you guys a red hot go and you stuffed up, now we are giving the other guy a go regardless".
I can't understand these states that always vote a certain way. That just seems stupid to me. Surely there is bound to be a few upsets for the Republicans this time.
for fun ... ok fair enuf@ 9/4 McCain looks to be the bet of the freakin' millennium!
I'll be putting a fiver on that for fun.
Barack is a son of a white man from kansas? really
I do, but here I quote George Bush!!
"Good intentions aren't good enough!”
and one more:
“You can fool some of the people all the time, and those are the ones you want to concentrate on.”
2020 - Can you find this quote on youtube?:
Bush also said, 'Fool me once, shame on you. Fool me twice, ah, ah - shame on you.'
Can't recall the exact excerpt but it was based on:
Fool me once, it's your fault. Fool me twice, it's my fault - because I let you.
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