Monday, August 1, 2011

Will McCain's presence in Washington to "work on the bailout" just make things worse


Will McCain's presence in Washington to "work on the bailout" just make things worse?
I ran across this tidbit from an insider working on the deal. He has a good point.... "All of a sudden, now that we're on the verge of making a deal, John McCain airdrops himself in to help us," Frank said. "Frankly, we're going to have to interrupt a negotiating session tomorrow . . . and troop down to the White House for their photo op."
Elections - 4 Answers
Random Answers, Critics, Comments, Opinions :
1 :
It just maybe would have never reached this level if they listened to McCain a few years back! Read below and see who had real vision vs. those who ignored vision. Those same talking mouths are all over the airwaves pretending to be heros. Heros my A**. Where were all of you talking mouths back then????????? Gezzzz..amazing how memory challenged people make themselves out to be. READ AND HEED!!!!! From the U.S. Congressional record........MAY 25, (((2005))) JOHN MCCAIN addresses the U.S. senate resulting from what his vision senses. SENATE BANKING COMMITTEE CHAIRMAN - CHRIS DODD -DEM SENATE FINANCE COMMITTE CHAIRMAN - BARNIE FRANK - DEM >>>>>Mr. President, this week Fannie Mae's regulator reported that the company's quarterly reports of profit growth over the past few years were "illusions deliberately and systematically created" by the company's senior management, which resulted in a $10.6 billion accounting scandal. The OFHEO report also states that Fannie Mae used its political power to lobby Congress in an effort to interfere with the regulator's examination of the company's accounting problems. This report comes some weeks after Freddie Mac paid a record $3.8 million fine in a settlement with the Federal Election Commission and restated lobbying disclosure reports from 2004 to 2005. These are entities that have demonstrated over and over again that they are deeply in need of reform. 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://www.govtrack.us/congress/record.x... Vision.......who really has it? And who turned their backs on it? >>>>>>>>>>>CASE CLOSED<<<<<<<<< Speaker of the House Nancy Pelosi - Democrat Senate- Senator Harry Reid, Majority Leader - Democrat 5 minutes ago ((((2005)))) Senate results on SB 190 ??????? Barnie Frank and Chirs Dodd prevented it from coming out of committee thus blocking a floor vote. Obama made no comment. Ooooohhhhhh, they're all in front of camaras today wearing those big "S"'s on their chests.
2 :
It will make it as important as the second string ball team watching the game being played . In how they helped win the game by watching .
3 :
Yes, Congress is upset because that will bring politics into it...exactly want they don't need. Its all for a stunt. Again, folks he's not on the committee, he's not even allowed in the room when there deciding all this crap. All he can do is raise his and vote "yay" or nay". Im not nosingg him for going to vote but damn dude "you gotta suspend your campaignn and refuse to debate". Scary!! 75% of Amercia wants to see those debates and if he doesn't show up..its gonna bad real bad for McCain/Palin,
4 :
and we didn't even see him put on his cape.