Democrats Responsible for Financial Mess Try to Pass The Buck to GOP

It would be nice if some Republican would get behind a microphone and put the blame for this financial mess right where it belongs; on the Democrats door step. Instead we hear from Democrats covering their butts.

Barack Obama and his Democratic colleagues in Congress blasted John McCain on Thursday, accusing him of injecting presidential politics into the high-stakes debate on Capitol Hill over economic bailout legislation.

The round of recriminations came after the two rival candidates left what was supposed to be a landmark summit with President Bush and congressional leaders without any agreement reached on how to solve the financial crisis. Aides and officials in the meeting said the discussion ended badly, with Democrats fuming at House Republicans over their refusal to drop objections to the administration’s proposal.

Letting the people in Congress that made this mess dictate the message is just as bad as sitting there and watching them create it. The Republican leadership needs to get a grip. If bloggers can do it they can too.

Today Gateway Pundit linked up the fact that Bush Called For Reform of Fannie Mae & Freddie Mac 17 Times in 2008 Alone… Dems Ignored Warnings.

Also, one of Fannie Mae’s main defenders in the House – Rep. Barney Frank, D-Mass., a recipient of more than $40,000 in campaign donations from Fannie since 1989 – was once romantically involved with a Fannie Mae executive.

Flashback to 2003 when Barney Frank defended his friends Freddie Mac and Fannie Mae from his position in Congress as Chairman of the House Financial Services Committee while pressuring banks to give risky loans to those that couldn’t afford them.

Here is what Barney Frank said on September 10, 2003.

Read on..