[StBernard] House Republicans Ought to be Embarrassed about theirRecord on Fannie and Freddie

[Westley Annis]

What a bunch of crap - trying to rewrite history.  Sorry, but that dog ain't
gonna hunt.  There have been far too many journal articles on how all this
Fannie Mae bs can be traced back precisely to the Clinton administration
with the renewel of the Community Reinvestment Act and Clinton's "NINJA
Plan" - No income needed, just approve.  In fact, twice during the Bush
administration GOP members of Congress tried to put the brakes on Fannie but
the Democrats (along with the Black Caucus) threatened a fillerbuster and
screamed racism!  So the GOP made its only mistake - they backed down.

But don't take my word for it - go talk with anyone who has been in mortgage
banking over the past 18 years - speak with a bank exec and they'll tell you
exactly what I'm saying here.  I know because as an appraiser I've watched
this take place for years, but nobody on the ground level wanted to say a
word because they were all getting rich from it.

And if you're a liberal and run with that - jumping to criticize all the
wealthy investment firms (like Goldman Sachs) that made fortunes from it -
just remember, most of those firms are overwhelmingly Jewish - as in Jewish
DEMOCRATS.  Funny how the media fails to talk about that - as if to mislead
the public these financial companies are somehow wealthy, fat Republicans.
A quick look into the political affiliations of most of these NY firms execs
and you'll notice overywhelmingly their connection to Democratic Party
administrations.