How the Democrats are liars and blocked John McCain’s attempts of reform and regulation at Fannie Mae and Freddie Mac

It is amazing to me that the Democrats are lying about their involvement in the failure of Fannie Mae and Freddie Mac. Yes lying!

In the following clip, you can see Maxine Waters, Barney Frank, and other democrats attacking the regulator who exposed the “cooking of the books” by Fannie Mae and Freddie Mac leadership.  

You have Barney Frank saying that he doesn’t see a problem and no need to see any new regulations.

You have Maxine Water saying that the GSE’s are working and that they should continue to give 100 percent loans.

Here is a quote from Rep Gregory Meeks (D-New York) during the hearing.

“They’ve done a tremendous job. There’s been nothing that was indicated that’s wrong with Fannie Mae. Freddie Mac has come up on its own. And the question that then presents is the competence that your agency has with reference to deciding and regulating these GSEs [government-sponsored enterprises]. And so I wish I could sit here and say that I am not upset with you but I am very upset because you know what you do is give, maybe giving a reason to, as Mr. Gonazlez said, to give someone a heart surgery when they don’t need it.”

And you have Republicans raising the flag and saying that there needs to be more regulation.  Take a look for yourself. Continue reading

Statement I received from the McCain campaign…

The following is what I received from the McCain campaign about the financial crisis.

John McCain’s Remarks on the Economic Crisis
New York, NY
Wednesday, September 24, 2008

America this week faces an historic crisis in our financial system. We must pass legislation to address this crisis. If we do not, credit will dry up, with devastating consequences for our economy. People will no longer be able to buy homes and their life savings will be at stake. Businesses will not have enough money to pay their employees. If we do not act, ever corner of our country will be impacted. We cannot allow this to happen.

Last Friday, I laid out my proposal and I have since discussed my priorities and concerns with the bill the Administration has put forward. Senator Obama has expressed his priorities and concerns. This morning, I met with a group of economic advisers to talk about the proposal on the table and the steps that we should take going forward. I have also spoken with members of Congress to hear their perspective.

It has become clear that no consensus has developed to support the Administration’s proposal. I do not believe that the plan on the table will pass as it currently stands, and we are running out of time.

Tomorrow morning, I will suspend my campaign and return to Washington after speaking at the Clinton Global Initiative. I have spoken to Senator Obama and informed him of my decision and have asked him to join me.

I am calling on the President to convene a meeting with the leadership from both houses of Congress, including Senator Obama and myself. It is time for both parties to come together to solve this problem.

We must meet as Americans, not as Democrats or Republicans, and we must meet until this crisis is resolved. I am directing my campaign to work with the Obama campaign and the commission on presidential debates to delay Friday night’s debate until we have taken action to address this crisis.

I am confident that before the markets open on Monday we can achieve consensus on legislation that will stabilize our financial markets, protect taxpayers and homeowners, and earn the confidence of the American people. All we must do to achieve this is temporarily set politics aside, and I am committed to doing so.

Following September 11th, our national leaders came together at a time of crisis. We must show that kind of patriotism now. Americans across our country lament the fact that partisan divisions in Washington have prevented us from addressing our national challenges. Now is our chance to come together to prove that Washington is once again capable of leading this country.

What are your thoughts?

TheHill.com – Dems’s big blunder and McCain’s big chance

TheHill.com – Morris: Dems’s big blunder and McCain’s big chance.

Last week in Denver, the Democrats tried to link McCain to George Bush.  But in this article, Dick Morris highlights that this is a major mistake and I agree.

John McCain has broken with Republican party numerous times and has worked to end the partisanship in DC.  

If people want change and partisanship to end, then you need to vote for John McCain.

Road Map to Defeat

Road Map to Defeat – New York Times

This was an interesting op-ed.  The Democrats are doing whatever they can do to lose it, but they hadn’t won it either.

I found a quote interesting in this op-ed, “And the country wants to elect a Democrat.”  I don’t think the country wants to elect a Democrat, they want change.

John McCain has gone against the Republican leadership before and has fought battles.  I think that is why he is the presumptive nominee.  He pulls in the independents and gets back to core Republican values.  He is change from the current administration.

For the Democrats, Hilary Clinton is not change.  She is old eastern politics and a holdover from the 8 miserable years this country experienced under her husband.  The only reason she is where she is, is because of her husband was President.

Barack Obama is running on the change platform and his campaign is being really successful in garnering support from voters who have not previously cared or voted.  But he is not being realistic in his policies and programs. Continue reading

McCain Defeats Romney in Florida Vote

McCain Defeats Romney in Florida Vote – New York Times

This is an incredible victory tonight by John McCain and may propel him to the GOP nomination.  Things aren’t done yet, this has been a crazy election, and anything can happen.

Rudy Giuliani will be dropping out and endorsing McCain.  Mike Huckabee is going to stay in the race and will siphon off votes from Mitt Romney.  So things get much more interesting as we head to Super Tuesday.

What is going to happen?  Will McCain start to runaway with the nomination?  How long will Huckabee stick around?  How will McCain survive the onslaught from the conservative talk show hosts like Rush Limbaugh?

Right now, I think it is still wide-open, but things are starting to slant towards John McCain who I think will be a good choice to run as the GOP nominee for President.

Interesting evening in New Hampshire

Well the polls did really well in the Republican primary, but were totally off base for the Democrats (so far).

John McCain won really easily on the Republican side over Mitt Romney and Mike Huckabee, but Hillary Clinton is doing quite well leading the Democratic primary in New Hampshire for now over Barack Obama and John Edwards. Edwards will finish third with Obama and Clinton fighting for first and second.

This is so despite trailing in the polls by 10 to 12 points yesterday in the final polls of the primary. If she wins or even finishes a close second, it will definitely be a big launch for her into the rest of the primaries.

It was amazing to me that before the results started coming in today how the pundits on the cable news networks were calling for major changes for Hilary, some even coming to the point that if Barack Obama wins by too much, the Democratic primary was over.

Another interesting sign is that Ron Paul does quite well in fundraising and publicity on the Internet, but when it comes to votes, he is a distant fourth. If he has all this popularity and it was sincere, he should be doing a lot better.

This is going to be a marathon and it could be that when the primaries are done and we head to the conventions, that there will not be a clear-cut nominee for the nomination of President from either of the two major parties.

It is going to be fun.