Tuesday, December 23, 2008
The root of the financial crisis?
It looks pretty clear to me...
Stephen Brown has this and more at FrontPageMagazine.com:
"At one point, desperate to get the bill passed, Hagel sent a letter to Republican Senate Majority Leader, Bill Frist, asking for a vote. Twenty-six Republican senators signed the letter, while nine of the CDI-targeted Republicans did not.
No Democratic senator, including Obama, signed Hagel’s missive either. For this, they shoulder much of the blame for killing this last chance to prevent the current economic crisis. Former president Bill Clinton admitted as much when he told ABC’s Chris Cuomo: 'I think the responsibility the Democrats have may rest more in resisting any efforts by Republicans in the congress or by me when I was President to put some standards and tighten up a little on Fannie Mae and Freddie Mac.'"
