tokilamockingbrd said:
Obama had no connection to bailing out Fannie and Freddie. I am saying is part of the reason they needed to be bailed out. Him and all of the other People in Congress who were lobbied to leave them alone. It was not an Obama thing, it is a washington thing. McCain tried to point this out in 05, but Congress including Obama made no move. Chris Dodd the person in charge of the oversight of F & F amd was given the most campaign contributions, isn't that ironic? Guess who was no. 2... Barack Obama. Now John McCain DID recieve some money for his campaign from F & F, but it was all individials, and from not the company itself. And it ammounted to about 1/8 of what Barack recieved (in only a faction of the time, the data is totals from 1989 to present). These are all facts. You cannot argue them. What you can argue is the motive behind the cash Obama recieved, but not the fact he was the #2 recipient. Also, JM is on the Congression record slamming F & F in 05, you cannot argue with any reason that McCain did not make an attempt to stop the corruption that led to the collapse of the housing market. If I was BO I would try to not mention F & F or the loan crisis because it will blow up in his face... he should lead the disscussion other place... Like saying for 50,000th time that McCain is Bush's bitch. That may work, but it is too soon to tell.
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Except for the fact that he has tried to introduce legislation that would help regulate wall street and has the proof to back it up. McCain has called himself a deregulator and has voted in the past to keep regulation from happening. Plus, you could also talk about all the "ex" lobbiests that are on McCain's campaign. They may not be actively lobbying now, but they have and prolly will again after the election. Lastly, McCain's chief financial advisor on his campaign is part of the reason why we are in the mess we are today.
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