Democrats Defending Fannie Mae/Freddie Mac in 2004

John McCain warned "they are deeply in need of reform"

Credit to The Travis Monitor blog for info gathering...
Here are the facts:
• John McCain cosponsored the Federal Housing Enterprise Regulatory Reform Act of 2005. It doesn't get any clearer then this one. John McCain and his Republican co-sponsors saw a problem and Democrats, including Barack Obama, killed this bill.
"If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole." - John McCain, May 25 2006

• The Obama Campaign Connection- Barack Obama has been advised in his Presidential bid by two ex-Fannie Mae CEOs, both having left in scandal. In the case of Raines, it was reported in 2004: "Although Fannie Mae chief Franklin Raines was fired for bungling its books, he’ll get a $26 million parachute — not counting a monthly pension of $116,300 for life. The 55-year-old Washington, D.C. insider and his CFO J. Timothy Howard left their jobs last week under a cloud of suspicion that the execs undermined the financial soundness of Fannie Mae, creating losses of up to $9 billion." NY Post, Dec 28, 2004

• Obama said and did nothing to point out the malfeasance of these Obama supporters and advisors, and he's had the intention of leaning on these men who created this mess to somehow advise him on how to fix it.

• Obama and Jack Reed (D) of RI held up any serious reform of Fannie Mae in order to cut out a “low income trust fund” that Fannie had to pay money into to offer loans to bad credit risks. The NILCH (National Institute for low income housing) had a press release that featured Reed and Obama talking about what a wonderful program that was, in May of this year. They were buying votes with Fannie Mae all the while McCain was calling for divestiture of some loans in order to shore up Capital Reserves.

• Barney Frank- Obama was not the only Democrat in the tank for Fannie Mae: ‘’These two entities — Fannie Mae and Freddie Mac — are not facing any kind of financial crisis,’’ said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ‘’The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.’’

Credit to The Travis Monitor

McCain: Working Obama: Stumping

If you would like to see what the major difference between Presidential candidates, John McCain and Barack Obama, just look at what they this Monday. John McCain is working for The People and Barack Obama is "throwing stones" and reading teleprompters...what's new?

Bill Clinton: Democrats resisted to put standards on Fannie Mae/Mac

Bill Clinton- "I think the responsibility that the Democrats have may rest more in resisting any efforts by Republicans in the Congress, or by me when I was President, to put some standards and tighten up a little on Fannie Mae and Freddie Mac."

Iranians mock Holocaust...what's new?

On Friday (9/27) Iranians gathered, chanting "Death to Israel". The gathering was in support of a book mocking the Holocaust that Islamist students unveiled to the public.

In Gaza City, the Islamist Hamas that has ruled over the Palestinian territory since June 2007 called for more suicide attacks on Israel. The book was released titled "Holocaust", contains cartoons and sarcastic writings related to the Jewish Holocaust.

The cover illustration is of a Jew with a crooked nose and dressed in traditional garb drawing outlines of dead bodies on the ground. Inside, bearded Jews are shown leaving and re-entering a gas chamber with a counter that reads the number 5,999,999.

Remember this- Iran does not recognise the Jewish state, and President Mahmoud Ahmadinejad has attracted international condemnation by repeatedly predicting Israel is doomed to disappear and branding the Holocaust a "myth."

This is the man, and country that Barack Obama has alluded to appeasment towards. Obama, when challenged on this, always backtracks on the issue in defense, but his words and actions give us a vision for a very dangerous foreign policy- and a slap in the face of the Jewish people.

It's Clear...

McCain wants to work together for the good of the country.

Obama wants to debate the issue...for Obama.

Liberal Hate

We shouldn't really be surprised about all the hateful and vile comments toward Sarah Palin that are coming out of the mouths of many Democrats and left-wing nuts. These comments are rooted in something pure and simple: hate. These are the same people who have claimed ownership over words such as "love", "awareness", "open minds", and "hate sucks". Where are all the conservative celebrities making hateful comments about Obama and Biden? Where are the Christians interrupting speeches at Universities so that the liberal speaker has to stop the event? They are at home taking care of family, working hard at their jobs, and in their communities bringing people together rather then dividing. The Democrats are not the party of my grandparents' generation. The Democratic Party have been hijacked by the likes of the MoveOns, DailyKos, and Michael Moores of the world. They no longer represent the will of the country and its people, but rather a fringe left that engages in hate.

This is who drives the Democrat leaders...do you want these people influencing the future of your children?