Monday, January 30, 2012

What did your party do to try to stop this financial crisis with Fannie,Freddie? What did the other party do ?

to help cause the problem? When did your party first recognize the problem?What did your party do to try to stop this financial crisis with Fannie,Freddie? What did the other party do ?http://www.youtube.com/watch?v=tHiioBzrS鈥?/a>



theres you answer. this is a compilation of exactly who did and said what. this includes the CSPAN videos of when the repubs tried to get some type of regulation in the mortage field and watch Franks get down right nasty and tell them freddie and fannie and high stake home loans do NOT need regulated.

watch other democrats cuss out republicans in 2004, and 2005 and 2006 in session saying these high stake loans do NOT need to be regulated.

Watch mccains bill goto congress and franks get up and filibuster it so it would not be voted on.



watch and see what they dont want you to know.



this video with its sources is so true that they have deleted this several times.

What did your party do to try to stop this financial crisis with Fannie,Freddie? What did the other party do ?Obama was absolutely one of the most corrupt Senators on this issue, raking in almost $300,000 a year from Goldman Sachs, Lehman Brothers, Bear Stearns, Fannie Mae, Freddie Mac, AIG, Countrywide Financial, and Washington Mutual. He has not even completed his fourth year in the Senate and received a total of $1,093,329.00 from these eight companies and their employees. (all data from OpenSecrets.org). John McCain鈥檚 numbers, according to OpenSecrets.org for the period 1990-2008 (i.e., 18 years worth of data) only collected $549,584.00. In other words, Barack is receiving $273,582.25 (and 2008 is not over) per year while McCain raised a measly $30,532.44.



Not only that but Barack Obama has received more from one source鈥揋oldman Sachs $542,252.00鈥搕han McCain has from all of the companies combined.



Tell me now securities firms and their employees are giving to a junior Senator from Illinois because he promises to run a government "of the people and for the people" and not be more beholden to lobbyists than the Republicans.What did your party do to try to stop this financial crisis with Fannie,Freddie? What did the other party do ?The GSEs (Fannie Mae and Freddie Mac) are months-old news. They have been taken over long ago now.



Bear Sterns and Countrywide went belly up before them, and since then the oldest investment banking firms (Morgan Stanley %26amp; Lehman) have fallen. Firms selling swaps like AIG are now biting the dust.



I have lost count of the S%26amp;Ls that have gone under, but Washington Mutual was seized by the Government, and Wachovia is desperately seeking a buyer.



You are not getting it.

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