New Agency Proposed to Oversee Freddie Mac and Fannie Mae - New York Timeshe was blocked 17 times by dems in congress when he tried to get oversight on Fannie Freddy ! hell the CDC even called him a racist !No one has ever shown that repeal of G/S led to anything.Well, the important parts of Glass-Steagall were repealed in 1999, so -15 years.
If it took 85 years, the Dims would still find a way to blame it on Republicans.
Absolutely true, it was a Dubya/EXECUTIVE BRANCH oversight failure as Dubya cheered on the Banksters in ANOTHER GOP raid on the working classes
FACTS on Dubya s great recession US Message Board - Political Discussion Forum
Got it, you LIE
Name the 17 times the Demsd blocked him? GOP had the House 2001-2007 ANYTHING could pass the House, AND finally in 2005 A BI PARTISAN BILL, HR 1461 PASSED, GUESS WHAT? DUBYA OPPOSED IT, LOL
NAME the bills the Dems blocked in the GOP controlled Senate please? lol
STATEMENT OF ADMINISTRATION POLICY
The Administration strongly believes that the housing GSEs should be focused on their core housing mission, particularly with respect to low-income Americans and first-time homebuyers. Instead, provisions of H.R. 1461 that expand mortgage purchasing authority would lessen the housing GSEs' commitment to low-income homebuyers.
George W. Bush: Statement of Administration Policy: H.R. 1461 - Federal Housing Finance Reform Act of 2005
Yes, he said he was against it because it "would lessen the housing GSEs' commitment to low-income homebuyers". And here's what the House Republican Mike Oxley, Chairman of the House Financial Services committee said
“Instead, the Ohio Republican who headed the House financial services committee until his retirement after mid-term elections last year, blames the mess on ideologues within the White House as well as Alan Greenspan, former chairman of the Federal Reserve.
The critics have forgotten that the House passed a GSE reform bill in 2005 that could well have prevented the current crisis, says Mr Oxley, now vice-chairman of Nasdaq.”
“What did we get from the White House? We got a one-finger salute.”
Oxley was Chairman of the House Financial Services committee and sponsor of the only reform bill to pass any chamber of the republican controlled congress
WE KNOW HOW THE DEMS HATE REGULATIONS AND REGULATORS, AND THE GOP LOVE THEM RIGHT? lol