Sunday, October 12, 2008

Guess Which Candidate Pushed to Regulate Fannie and Freddie?

Hint: It's not Obama. Here's a copy of the actual letter written by McCain and signed by a total of zero Democrats (surprise, surprise) warning that Fannie Mae and Freddie Mac were in danger, at risk, and in need of regulation.

N.B. The article linked to above misleadingly notes that Barack Obama did not sign the letter. That's true but utterly irrelevant, as he wasn't then (in May 2006) a Senator. (It's unlikely that he would have signed it, given that no other Democrat did, but it's not fair to blame him for what he didn't even have the chance to do.)

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