Topic: Demo Fables
Because they don't want lower income families being able to afford to own their own homes.
At a 2004 hearing see Democrat after Democrat covering up and attacking the regulations to protect Fannie Mae and Freddie Mac (their Cash Cows) that are now destroying our economy because the Democrats let them cheat.
And after 4 years have come and gone, after all that was warned has come to pass. It seems everything is still the fault of the Mean spirited Republicans.
Addition to text in actual speech, according to the Chicago Tribune:
"For too long this government, eight years, has followed a right-wing ideology of anything goes, no supervision, no discipline, no regulation."
I was particularly impressed at all the credit Pelosi gave to Franks. Why she was almost as enthusiastic about him, as Maxine Waters was of Frank Raines back in 2004.
Technorati Tag:: Financial Crisis ****** Pelosi ****** Barney Frank ****** Bailout ******Freddie Mac ***Fannie Mae
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Updated: Tuesday, 30 September 2008 6:57 AM CDT