Problems? What Problems? I Don’t See No Stinkin’ Problems: Shocking Video of Fannie Mae / Freddie Mac Hearings [Reader Post]

If borrowers were allowed to use food stamps, welfare payments and the like as “income” to secure a loan. Why is said “income” not TAXED like all of my income??

Yup, i suppose you all think it’s entirely the democrats that have cause this….

guess again… remember the ownership society?? even you his supporters have been Bushed!!!

http://www.whitehouse.gov/news/releases/2004/08/20040809-9.html

Obama and the Democrats are so deep in bed with Freddie and Fannie that they can’t even vote for their own bill. Pathetic indeed. Another and deeply concerning issue is the fact that MSM will NOT tell the truth about this stuff!!

This video is just highlights from the hearings that someone clipped from the Cspan video.

The full video is quite lengthy:

http://www.c-spanarchives.org/library/index.php?main_page=product_video_info&cPath=6_11&products_id=183818-1&highlight=

I didn’t watch the whole thing but none of the comments in the clipped version appear to be taken out of context, as I have seen claimed elsewhere. Its obvious they are talking about FMae/FMac.

There appears to be hours and hours of Barney Frank saying there is nothing wrong at FMae/FMac.

Okay, maybe “hours and hours” is an exaggeration, but not by much…

-T.C>

“Real American Patriot” apparently doesn’t have the time to slow down and explain anything. I’ve seen him on several blogs, presuming of course he uses the same name on all of them, spewing out ultra-liberal tripe. Frequently, throwing out some obscure link without bothering to define or qualify his points. He’s like one of those farm dogs that have nothing better to do than to run out and try to bite people in the butt.

I don’t personally don’t approve of many positions Bush has taken the last 8 years. Not because he is was Republican, but because he was too liberal. Many thought that his positions would be closer to Bush Sr’s; They weren’t. He was supposed to be a “moderate”, yet turned out to be nearly as far left as Carter was. He kow-towed unnecessarily to Democrat pressure concerning his Supreme Court nominee’s. If one reads the Constitution, Bill of Rights, and Powers acts, the President appoints Justices, not Congress. Allowing Congress to phili-buster and stall the appointment of justices has no true Constitutional justification other than ensuring that appointees cannot be eliminated on legal grounds, such as felonies, misdemeanors, but Congressional Democrats certainly enjoy doing it. Bush had the line item veto pen, but hasn’t use it to cut out pork & Dems loved him for that. Of course, because of his liberal leanings, it was much more likely for Bush to reach an accord on the bail-out bill with Dem approval than to guide it to please conservatives (The Dems would rather you didn’t know that). Think about it; Congress was majority Democrat through-out the Bush years, how often did he actually veto anything they passed? Rarely. His reaching across the aisle left many of us wanting for a “reach-around”. He ignored his own party base on immigration and free trade.

The only “valid” gripe the Dems actually have with Bush is the Iraq War. Yet even that was a second shoe that had to drop eventually. Every military member always knew we would have to go back in, because the war never really ended, it was only postponed. The only question was, “When?”. Maintaining OPERATIONS: NORTHERN & SOUTHERN WATCH for over 10 years were very expensive, underfunded drains on our military’s budget and resources. Of course Clinton was more than happy to deploy troops whenever the UN asked. Did you notice the Media & Congress weren’t exactly jumping down Bubba’s throat every day on that? Didn’t didja’? Of course our military didn’t really get any extra budget for those either. In fact, that was a period of serious drawdowns and cost cutting requirements for the DOD.