In 2006 the Republicans, including John McCain, submitted a bill to Congress to look into the lending practices of our financial institutions. At that time McCain warned that the situation was very serious and a crisis was looming if the Senate did not act. It was killed by the Democrats. Do not blame McCain. The Democrats were in charge the last two years when things really began to go out of control and they did nothing. The house of cards started with Fannie Mae and Freddie Mac started during Clinton's administration and run by his crooked cronies, who were completely irresponsible and ran them into the ground trying to please the Democrats' agenda to give everyone a home whether they could pay for it or not.
Sep 24 2008 - 12:01am