McCain Doesn't Grasp Cause of Finance Crisis

[avatar4321]

Isn't it a little rediculous to claim McCain doesn't "grasp" what is going on with the financial crysis when he pushed a bill back in 2005 to change Fannie Mae? He predicted taxpayers would end up paying alot of money because of Fannie Mae. He was right....

I can't help but not this point has been completely ignored here.

But of course, McCain doesnt have a clue what's going on. I doubt the people complaining about what McCain does or doesnt know have a clue what this crisis is all about.

But then it looks like McCain is just going to enact more liberal policy to "fix" the problem. So im not really sure what they are complaining about.

[remie]

Umm. some people DID think it could happen, and they DID try to stop it. Are you really that dense?

You are right. Following is a timeline of the current crisis and what the Bush Whitehouse has been saying since taking office.

http://www.whitehouse.gov/news/relea...080919-15.html


If you wish to blame someone there are plenty of folks to blame. President Clinton was in the big chair when Fanny and Freddie went off the reservation.