Friday, September 16, 2011

Why do the media say the GOP caused the economic collapse when McCain proposed legislation in 2005 to stop it?

Why does the media and Obama blame the GOP for the current financial crisis when John McCain warned of a pending economic collapse in 2005 and co-sponsored legislation to try to prevent it. However, the Democratic majority blocked the legislation. Additionally, the lending practices that have now resulted in banking meltdowns were started by the Clinton administration dictating where mortgage lenders could lend and creating a market for risky subprime loans.|||Get your story straight. It was his fellow Republicans that shot the bill down. The only way any bill has been passed has been with aid of the Republicans. The Democrats have never been able to raise a majority in Congress by themselves. They don't have the required number to hold a majority (3/4 of the Congress). They barely got more than half.|||Anti-American and pro-Obama, period. They have lost all credibility after exposing themselves so blatantly in 2008.|||McCain had his name added to the bill over a year after it was written. It was tabled by the REPUBLICAN committee he was on and never presented for a vote. Nice try though.





"McCain in 1992 voted against imposing stricter controls on Fannie and Freddie during Senate debate on a broader housing bill, and this year argued against providing big government bailouts in response to the crisis, whether for big lenders or homeowners."|||and 22% of democrats voted against the sellout package, while 68% of republicans voted against it.





these are the "keepers", the rest need to go.








EDIT:too many complaints about the veto.


write a bill worth a rip, and it will pass. America is not as far to the left as the democrats have become.

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