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Obama's mortgage meltdown connections

Discussion in 'Political Debate & Discussion' started by targus, Sep 18, 2008.

  1. targus

    targus New Member

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    So Obama's economic advisors are the same guys who gave us the mortgage mess. Can we afford four more years of the same failed economic policies?


    http://groups.google.com/group/alt.gossip.celebrities/browse_thread/thread/f2a9fd908c94f7bc

    “You look at Obama’s economic advisers, the guys he has counted
    on from day one and who have raised him a ton — and I mean a ton
    — of money: Franklin Raines and Jim Johnson, both of them are
    waist to neck deep in the mortgage debacle.”


    Both Raines and Johnson have served as CEO of Fannie Mae, with
    Raines taking over from Johnson. Both are key political and
    economic advisers to Obama.


    “How can Obama go out with a straight face and say it was
    Republicans who made this mess, when it is his key advisers who
    ran the agencies that made the big mess what it is?” says a
    Democrat House member who supported Sen. Hillary Rodham Clinton.
    “It’s his people who are responsible for what may well be the
    single largest government bailout in history. And every single
    one of them made millions off the collapse that are lining
    Obama’s campaign coffers. "
     
    #1 targus, Sep 18, 2008
    Last edited by a moderator: Sep 18, 2008
  2. Crabtownboy

    Crabtownboy Well-Known Member
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    Politics is great. The Republicans spend 8 years shredding the regulations that were left after Clinton, reap a disaster and now it the Democrats fault. The next think we know the Republicians will be blaming the Democrats for invading Iraq and getting us into an unjust, unpopular war. ROFL
     
  3. targus

    targus New Member

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    You seem to have a reading comprehension problem.

    “How can Obama go out with a straight face and say it was
    Republicans who made this mess, when it is his key advisers who
    ran the agencies that made the big mess what it is?” SAYS A DEMOCRAT HOUSE MEMBER
    who supported Sen. Hillary Rodham Clinton.

    “It’s his people who are responsible for what may well be the
    single largest government bailout in history. And every single
    one of them made millions off the collapse that are lining
    Obama’s campaign coffers. "

    Perhaps you would care to address the facts.

    "Both Raines and Johnson have served as CEO of Fannie Mae, with
    Raines taking over from Johnson. Both are key political and
    economic advisers to Obama. "
     
  4. Crabtownboy

    Crabtownboy Well-Known Member
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    And how can McCain go out saying he is going to reform the system when Phil Graham, the author of the current system that has crashed, was a very public advisor to McCain, and is now a quiet advisor to McCain. Just this week the financial system was coming drastically apart and McCain said, "The fundamentals are sound." Ain't so, he sounded like a dufus and then said "We are going t clean up Wall Street." He went on to say he would appoint a commission. We did and do not need a commission to study the problem for 6 months while everything comes apart. We needed action.

    Do you remember the Enron disaster. McCain's good economic advisor, Phil Graham, bears a large responsibiliy for that disaster.

    http://64.233.169.104/search?q=cach...19.html+graham+enron&hl=en&ct=clnk&cd=1&gl=us

    http://64.233.169.104/search?q=cach...ex.html+graham+enron&hl=en&ct=clnk&cd=2&gl=us


    As the old saying goes, "Ain't no one totally innocent on this one."
     
  5. targus

    targus New Member

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    Crabtownboy - I would ask that you either stick to the topic of the thread or start your own.

    The topic here is Obama and his economic advisors that ran Fannie Mae into the ground while getting rich.
     
  6. Crabtownboy

    Crabtownboy Well-Known Member
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    http://64.233.169.104/search?q=cach...ml+mccain+fannie+mae&hl=en&ct=clnk&cd=4&gl=us


    Seems both men have connections. Starting a new thread .................................
     
  7. targus

    targus New Member

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    Not the topic of the thread.

    Perhaps you wish to defend Obama's choice of advisors?

    Or perhaps you wish to tell us how this is an example change?

    But please stay on the topic - Obama's choice of economic advisors.
     
  8. Revmitchell

    Revmitchell Well-Known Member
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    This has already been debunked. But keep saying maybe someone will believe it.
     
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