McCain Foresaw Fannie Freddie Collapse In 2006 The Barnyard
He also tried to do something about it then but it was blocked by Democrats in the banking committee led by senior Democrat, Chris Dodd, the number one pig at the handout trough from their lobbyists, the number two pig at that trough, Barack Obama. President Bush had pushed for tighter oversight of the runaway mortgage giants in 2004 and was thwarted then also by the Democrats. Ed Morrisey has much more on this including this hard hitting speech from John McCain on the Senate floor.
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