Message from discussion The Economic Paradox No One Wants to Talk About
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From: Bret Cahill <BretCah...@peoplepc.com>
Subject: Re: The Economic Paradox No One Wants to Talk About
Date: Fri, 4 May 2012 08:18:13 -0700 (PDT)
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> "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."
> Unlike Bush and McCain, as senator, Obama did nothing, other than earn the
> distinction of becoming the second largest recipient of F&F contributions in
> the entire congress, even in his short stint there.
> Bill Clinton himself said it best:
> "I think the responsibility the Democrats have may rest more in resisting
> any efforts by Republicans in the Congress or by me when I was President to
> put some standards and tighten up a little on Fannie Mae and Freddie Mac."
> -Bill Clinton
> ''These two entities -- Fannie Mae and Freddie Mac -- are not facing any
> kind of financial crisis,'' said Representative Barney Frank of
> Massachusetts, the ranking Democrat on the Financial Services Committee.
> ''The more people exaggerate these problems, the more pressure there is on
> these companies, the less we will see in terms of affordable housing.''
Why don't you borrow some money from your folks and start a business?
-- Mitt Romney