Sunday, October 12, 2008

The Public Needs to Know the Facts

I was reading the Drudge Report and came across the following information regarding Senator McCain's and other politician's concern about Fannie Mae and Freddie Mac back in 2006. It isn't mentioned here but he also stated his concern about this in his book 2 years ago.

Why didn't he make his position on this clear during the debates?

Clearly...McCain, along with others recognized a problem and tried to sound an alarm.

Also..I was going to do a post on patient rights and stumbled on a bi-partisan McCain-Edwards-Kennedy Patient Bill of Rights that got voted down in 2001. McCain is telling the truth when he says he reaches across the aisle in bi-partisan efforts. He also has tried to effect change for the better in our medical system. Agree with him or not...Senator John McCain does have a long record of working for this country. He tells us to look at his record.

What exactly is it that Senator Obama has accomplished and has experience with that qualifies him over Senator McCain to be president of the United States?

I hope I am not offending anyone. It is a sincere question? I really wish someone would answer that question.

I'm listening.

"McCain Letter Demanded 2006 Action on Fannie and Freddie

by Human Events

Sen. John McCain's 2006 demand for regulatory action on Fannie Mae and Freddie Mac could have prevented current financial crisis, as HUMAN EVENTS learned from the letter shown in full text below.

McCain's letter -- signed by nineteen other senators -- said that it was "...vitally important that Congress take the necessary steps to ensure that [Fannie Mae and Freddie Mac]...operate in a safe and sound manner.[and]..More importantly, Congress must ensure that the American taxpayer is protected in the event that either...should fail."

Sen. Obama did not sign the letter, nor did any other Democrat.

The full text of the letter appears below."

McCain Letter

Here is the link to the article and the more than 500 comments to this article and letter.


peggy said...

well just an fyi, our own gov. corzine (as a senator) introduced a reform bill in 2003 but it, like the mccain bill died in committee, so it's not like mccain is some kind of hero here. both sides get ignored.

ps. President Bush said of the U.S. housing boom in early 2006: "If houses get too expensive, people will stop buying them..." lol!

i had more to say but i don't think it will matter.

SeaSpray said...

My point is McCain (Presidential candidate)warned about Fanny Mae and Freddy Mac 2 years ago in his book and with what is posted here and yet he doesn't bring this up in the debate and allows himself to be given the blame. If he would just speak up and TELL people he did understand the problem and warned the government... but they didn't would demonstrate he was not the cause, etc.

The Patient Rights bill shows that he is telling the truth about working in bi-partisan efforts. he has actually been a thorn in the republicans side because he does cross over.

Obama is very far left and has never once worked in a bipartisan effort.

With a country as politically polarized as we are right would be good to have someone who IS willing to work with both sides.

I wasn't complaining that the bill didn't get passed... but rather that he tried to sound an alarm about the impending financial crisis and that he works across the aisle.

Rush Limbaugh made a comment recently something like "Having to choose between THESE two candidates is like Sophie's Choice." So a republican...he is not happy about McCain being the presidential candidate... which should comfort some liberals if he does get elected because he is not far right.

I don't know anything about Bush' quote.

peggy said...

Obama is very far left and has never once worked in a bipartisan effort. ok, obama's been in the senate for about 4 yrs and has a record of voting with his party 97 percent of the time. But please don't say 'never once' without actually doing any research, because it's a lie.

Mccain's been in the senate for 21 years and has voted with his party 87 percent of the time. neither of these guys are blowing me away with their bipartisan efforts!

also, your point made a jab at democrats for not signing the mccain letter, and i was just pointing out to you that 3 years prior to mccain's genius republican brainstorm idea, Corzine proposed similar reforms, that also were ignored and killed in committee.

peggy said...

and that sophie's choice comment is ridic and ignorant and just proves why i hate rush limbaugh. likening VOTING to having to choose which of your children gets sent to the creamatoriam, and which gets to die of of illness and malnutrition in auschwitz is ridiculous. i do love it when people try to equate first world problems to the freaking HOLOCAUST!

SeaSpray said...

I agree with you about the Sophie's choice comment. I only told you about it to demonstrate that he is not happy with McCain as the nominee and that should give some comfort should he be elected.

O didn't know what Sophie's choice was and so I googled and red about that heartbreaking movie. I also instantly thought it was a poor analogy for his case.

peggy said...

it doesn't really comfort me that conservatives don't like mccain so much. because mccain wants to overturn roe v. wade and end abortion, and he wants to protect the sanctity of marriage between a man and a woman.

that's not anything i could ever get behind.