I’m posting this with the caveat that one can always cherry pick sound bytes to make a point. Nevertheless, whatever else may have been said, or by whom, the record shows that Republicans have tried repeatedly to curb Fannie Mae and Freddie Mac, while Democrats have strenuously resisted tighter regulation (or even oversight) of the two entities at the root of the currrent financial crisis.
I know there were Republicans in the pocket of Fannie and Freddie as well. And, if anybody can provide a counterpoint video that shows Democrats trying to curb their excesses, and Republicans vehemently opposing closer scrutiny, I’ll be happy to post that as well.
We may be focusing too narrowly on the presidential race in this election, when we should be taking a good hard look at Congress.
Hoping isn’t what’s going to bring about the change that we desperately need.