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Official Presidential Debate #2 thread

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Originally posted by: joshsquall
McCain's first answer was very good. Second answer was kind of shaky.
Click to expand...

He went back to the mortgages - same as his response to the 1st question.
 
McCain was a little patronizing in that answer with his, I'll bet you never heard of Fannie and Freddie"
 
Wow McCain is attacking Obama in every response, but not really answering the question at hand.
 
McCain did propose Fannie/Freddie reforms in 2005 - Obama is lying his Marxist but off..

"For years I have been concerned about the regulatory structure that governs Fannie Mae and Freddie Mac?known as Government-sponsored entities or GSEs?and the sheer magnitude of these companies and the role they play in the housing market. OFHEO?s report this week does nothing to ease these concerns. In fact, the report does quite the contrary. OFHEO?s report solidifies my view that the GSEs need to be reformed without delay.

I join as a cosponsor of the Federal Housing Enterprise Regulatory Reform Act of 2005, S. 190, to underscore my support for quick passage of GSE regulatory reform legislation. If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole.

I urge my colleagues to support swift action on this GSE reform legislation"

http://mcauleysworld.wordpress...urrent-housing-crisis/


Obama was helping ACORN
 
Wtf... do either one of these candidates know how much it would cost to buy up all bad mortgages? The mother of all bailouts.
 
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