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The ads practically write themselves

by aberman | September 17, 2008 at 3:29 PM

It's very simple:  Sarah Palin knows how to exploit voter dissatisfaction with the powers-that-be, even if the powers-that-be are in her own party.  Specifically, she directly took on the cozy relationship between oil companies and the Alaskan government, reforming the government and getting a much better deal for Alaskans, as well as negotiating a pipeline. John McCain has been arguing for reform of corrupt institutions such as Fannie and Freddie for years as well as decrying the cozy relationship between them and government.  Meanwhile, Obama took more money from Fannie Mae than anyone except Chris Dodd the head of the banking committee, even though his only relationship to the banking committee was lying about being on it to a crowd in Israel a few months ago. Oh, and Joe Biden is Mr. Credit-Card Debt.

The ads and speeches practically write themselves, don't they?

 

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McCain has to toot his horn on this

Submitted by Freedoms Truth on Wed, 09/17/2008 - 23:10.

There's an American Spectator article that touts Warren Buffet for prognosticating the failure of credit derivative swaps, the housing bubble, and the ensuing credit meltdown, back in 2004.

... Well, so did John McCain predict problems with Fannie Mae if the Govt didnt oversee it better. The govt didnt, Fannie Mae curmbled, and the rest is history.

John McCain attempted to control Fannie Mae and warned about the potential costs to taxpayers. He said in 2006: "I join as a cosponsor of the Federal Housing Enterprise Regulatory Reform Act of 2005, S. 190, to underscore my support for quick passage of GSE regulatory reform legislation. If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole." - John McCain, May 25 2006

John McCain should dig out some old video of this and put it up on in a 60 second spot.

More here:

http://travismonitor.blogspot.com/2008/09/obama-senator-from-fannie-mae....

McCain was as right to call for this as he was when he was a lonely voice calling for the surge in Iraq. (And on both topics the Democrats were on the wrong side of the issue.)