Freddie Mac paid GOP firm to kill legislation

[JimH52]

AP IMPACT: Mortgage firm arranged stealth campaign - Yahoo! News

OUCH!!!

 

[AVG-JOE]

DCI is a lobbying company. They preyed on Republican politicians in this case. Democrats are just as vulnerable and just as guilty of corruption.

Professional Lobbying needs to be criminalized in this country. Time to write to your Congresscritters boys and girls!

Here is the link: Congress.org Home

-Joe

 

[Paulie]

DCI is a lobbying company. They preyed on Republican politicians in this case. Democrats are just as vulnerable and just as guilty of corruption.

Professional Lobbying needs to be criminalized in this country. Time to write to your Congresscritters boys and girls!

Here is the link: Congress.org Home

-Joe

Why does professional lobbying need to be criminalized? Why shouldn't whoever they represent have a voice as well?

The problem isn't the lobbyists, it's the politicians who don't have the nuts to tell them NO.

 

[editec]

The culpability of the Dems as it pertains to ignoring the obvious problems in Fannie and Freddy is real as real can be.

Now that does not mean that the whole problem is because of Fannie and Freddy, but it certain should put to rest any suggestion that the financial meltdown was entirely a problem the Republicans caused.

It took a whole LOT of public and private masters of the banking universe to allow the conditions for this meltdown to happen, folks.

This isn't a political class problem, this is a CLASS problem.

 

[AVG-JOE]

Why does professional lobbying need to be criminalized? Why shouldn't whoever they represent have a voice as well?

The problem isn't the lobbyists, it's the politicians who don't have the nuts to tell them NO.

Professional lobbying creates unfair access to representation in government via proximity (offices located in DC) and ca$h.

For this system of government to work Freddy, Fannie, Pfizer, Exxon, et al must not be allowed to buy their way closer to the front of the line in the 'letters to congress' department.

-Joe

 

[AVG-JOE]

Why does professional lobbying need to be criminalized? Why shouldn't whoever they represent have a voice as well?

The problem isn't the lobbyists, it's the politicians who don't have the nuts to tell them NO.

How do you feel about foreign governments and foreign corporations having better access to the congresscritters you pay to look out for your interests than you do?

Personally, I don't like it one damn bit. I don't like domestic corporations and individuals with cash enforced privileged access to government either. Not one damn bit.

-Joe

 

[JimH52]

Why does professional lobbying need to be criminalized?

Because they're lawyers who should know better? Admittedly, this is a bipartisan but the GOP seems to be the one that voters are blaming the most. Admit that they were always the "Gods of Deregulations."

 

[Toro]

From 2002 through 2006, the Republicans controlled both the House and the Senate as well as the Presidency. They could have taken on the GSEs but did not.

 

[sealybobo]

How do you feel about foreign governments and foreign corporations having better access to the congresscritters you pay to look out for your interests than you do?

Personally, I don't like it one damn bit. I don't like domestic corporations and individuals with cash enforced privileged access to government either. Not one damn bit.

-Joe

Corporations should not be in our politics. They don't vote. I believe our founding fathers warned us about this happening.

Our house reps should go to washington with our agenda. Maybe its ok for our reps to fight for corporations that are in our states, but lobbyists should be outlawed. The system is corrupt, we know it, and yet we do nothing about it. You see what happens to anyone that really wants change. kennedy, ron paul. They either slander the guy or kill him.

Fortunately the people that own this country can't convince us that obama is a radical muslim terrorist extremist. Maybe we can take some of what they stole the last 8 yrs back. Not if mccain wins though.

 

[Gunny]

From 2002 through 2006, the Republicans controlled both the House and the Senate as well as the Presidency. They could have taken on the GSEs but did not.

And this is 2008 almost 2009. Who has been in control since 2006?

The opportunity has been the same for both sides.

 

[dilloduck]

And this is 2008 almost 2009. Who has been in control since 2006?

The opportunity has been the same for both sides.

You supposed to ignore that part---along with a lot of other parts.

 

[xsited1]

ap Impact: Mortgage Firm Arranged Stealth Campaign - Yahoo! News

Ouch!!!

in The End, There Was Not Enough Republican Support For Hagel's Bill To Warrant Bringing It Up For A Vote Because Democrats Also Opposed It And The Votes Of Some Would Be Needed For Passage. The Measure Died At The End Of The 109th Congress

Ouch!

 

[editec]

The problem started waaaaaaaaaaaaaay back when we deregulated banking laws, folks.

Its root cause is not in the last ten years, but in the 1980s.

We essentially stripped all the safeguards to banking regulations which were put in place to protect us from EXACTLY this kind of problem after the LAST bankers' depression

Yes, other mistakes or bad policies played their part, but only because banks could now make those same kinds of mistakes they made that caused the 1929 depression


Nothing the FED or FREDDIE OR FANNIE could possible have done would have allowed this problem to manifest if we hadn't changed the basic charters of banks to once again allow them to begin purchasing high risk financial instruments.

 

[Toro]

And this is 2008 almost 2009. Who has been in control since 2006?

The opportunity has been the same for both sides.

Fair enough.

But I keep reading about how the collapse of the GSEs is generally the fault of the Democrats, which is actually more true than false.

HOWEVER, for GOP supporters to use that as a stick to bash the Dems, well...

 

[JimH52]

But the GOP is in the WH now, so they are viewed as the culprits...when in actuality they are just the criminals.

 

[AVG-JOE]

And this is 2008 almost 2009. Who has been in control since 2006?

The opportunity has been the same for both sides.

Neither side has had any desire to shut down the DC gravy train. Both are to blame for this fiasco.

Nancy Pelosi and Barny Frank are just as criminally corrupt as George Jr. and the Dickster.

Don't vote for a party - vote for individuals and tell them what you want.

-Joe

 

[Zoomie1980]

The culpability of the Dems as it pertains to ignoring the obvious problems in Fannie and Freddy is real as real can be.

Now that does not mean that the whole problem is because of Fannie and Freddy, but it certain should put to rest any suggestion that the financial meltdown was entirely a problem the Republicans caused.

It took a whole LOT of public and private masters of the banking universe to allow the conditions for this meltdown to happen, folks.

This isn't a political class problem, this is a CLASS problem.

Yea, the fool's CLASS.....

 

[JimH52]

The sad fact is some of these people who were directly involved and should be blamed for the financial implosion will now grossly benefit from the bail out and its results. All that while we the tax payers pay the bills and get the shaft. BEND OVER MY FRIENDS!

 

[Care4all]

Ouch!

that's the LIE the repubs are promoting...they could have brought the item up for a vote, even with the few dems in the committee opposing it, BUT THEY DID NOT...

NOW we KNOW why and this is because the republicans, who were in the majority, could not get enough of their OWN republican members to support it because of the lobbying efforts of the republican chairman of Fannie Mae....

There was NOTHING that the Democratic members could do to STOP the republican majority from bringing up Hagel's bill, absolutely NOTHING...and the Republicans chose NOT TO.....

There was NO democratic filibuster that stopped this legislation as was first stated by the Repubs.

And I am not excluding Democratic Politicians from their total neglect to recognize the problems going on in the housing sector, just that the notion that democratic members stopped this bill from going thru is a blatent and outright CYA lie.


Care