Just A Reminder: Bush and The GOP Have Been In Charge For 8 Years
I took a peek at Blogometer and I see the Right is trying to pin the economic troubles we have on Fannie Mae and Freddie Mac. Now, the argument is hogwash on an intellectual level and I'll go through why tomorrow. But for the purposes of this election, it is incredible hogwash. Why? Because George Bush became President in 2001. Why? Because Republicans controlled the Congress from 1995 to 2007.
If Fannie and Freddie were the problem, why in the hell didn't the Republicans fix it from 1994 until now? Barack Obama showed up in Washington, DC in 2005. Fannie and Freddie have been around for 40 years. What the hell was the Republican Party doing during its 12 years of dominance of the Congress and 8 years of dominance of the White House? If Fannie and Freddie were the problem, why didn't the Republicans fix it? Maybe we can ask Rick Davis, John McCain's campaign manager, who made millions as a Fannie and Freddie lobbyist.
By Big Tent Democrat, speaking for me only
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