October 6th, 2008 // comments (0)

McCain Slams Obama On Fannie, Freddie

Our current economic crisis is a good case in point. What was his actual record in the years before the great economic crisis of our lifetimes?

This crisis started in our housing market in the form of subprime loans that were pushed on people who could not afford them. Bad mortgages were being backed by Fannie Mae and Freddie Mac, and it was only a matter of time before a contagion of unsustainable debt began to spread. This corruption was encouraged by Democrats in Congress, and abetted by Senator Obama.

Senator Obama has accused me of opposing regulation to avert this crisis. I guess he believes if a lie is big enough and repeated often enough it will be believed. But the truth is I was the one who called at the time for tighter restrictions on Fannie Mae and Freddie Mac that could have helped prevent this crisis from happening in the first place.

Barney Frank: If you cheer at this video, you’re a racist.

This is it, folks. McCain is down by 10 nationally and losing footing in battleground states. His team is launching a 28-day offensive that looks a lot like a political Hail Mary.

The question is, will it work?

Related:

• December 8, 2008 -- Revealed: The Unaired Rev. Wright Ad
• November 17, 2008 -- Obama, McCain To Meet Today
• November 13, 2008 -- McCain Shirt Spurs Death Threats
• November 4, 2008 -- Barack Obama Defeats John McCain
• November 3, 2008 -- 14 Hours: Who Will Be Number 44?
• November 3, 2008 -- Obama Gives McCain The Bird?
• October 29, 2008 -- New Obama Ad Mocks Palin
• October 28, 2008 -- McCain Wants LA Times Video
• October 23, 2008 -- Update: McCain Staffer Mutilated?
• October 16, 2008 -- How I Feel About The Debate…