"It's unacceptable to expect the American people to hand [President Bush] or any administration a $700 billion check with no conditions and no oversight when a lack of oversight in Washington and on Wall Street is exactly what got us into this mess." - Barack Obama
Fact: Barack Obama helped start and perpetuate our nation's financial crisis.
Obama guilty on 2 counts:
Count #1
ACORN was the driving force behind a 1995 regulatory revision... laying the groundwork for the Fannie Mae, Freddie Mac borne financial crisis we now confront. Barack Obama was the attorney representing ACORN in this effort. With this new authority, ACORN used its subsidiary, ACORN Housing to promote subprime loans...
Count #2
In his few years as a U.S. senator, Obama has received campaign contributions of $126,349, from Fannie and Freddie (the very companies, as a U.S. senator, which he was responsible to regulate), second only to the $165,400 received by Senator Chris Dodd, who has been getting donations from them since 1988.
...Change we can believe in?
Barack Obama and the Strategy of Manufactured Crisis
By James Simpson
http://www.americanthinker.com/2008/09/barack_obama_and_the_strategy.html
http://www.cnn.com/2008/POLITICS/09/24/campaign.wrap/
Wednesday, October 8, 2008
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1 comment:
Keep up the good work brother!!
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