tokilamockingbrd said:
Yes, In fact even worse. They HAD to bail out F & F, it would have been really bad. The problem is the corruption that led to the collapse. F & F can be linked to the root of the housing woes. It all started with their corruption and it trickled down.
My whole point was McCain noticed it and tried to do something. It is only speculation as to why Obama recieved so much money from them. It could be something like because he is a Minority (which would not be that bad) or it could be bad, and he was helping F & F escape regulation and oversight. McCain is not an advocate of heavy regulation. He prefers strict oversight. (which is similiar except it is more hands off). Any of the 2 might have saved F & F. Heavy regulation is bad because it makes everything(cept certain things, like public works) less effcient. Oversight allows the Gov to keep an eye on corruption without interfering with the markets. George Bush might have been slightly Lasse Fare (spelling?), McCain is a classic liberal. |
Yeah, that's how i like my government too... All Teddy Roosevelt style. You don't restrict anybody from doing what they're doing.... but you keep a big stick to whack em on the fingers anytime you see them reaching into the cookie jar.
