McSame is lying. S190 (2005) to reform GSEs didn't make it out of committee.

[sinkingfeeling]

http://www.dailykos.com/storyonly/2008/9/20/21195/8886/22/605095



In a speech on Sept. 19 in Arlington, VA, McCain said, "Two years ago, I called for reform of this corruption at Fannie Mae and Freddie Mac. Congress did nothing. The Administration did nothing. Senator Obama did nothing, and actually profited from this system of abuse and scandal."

S190 was discussed in the Senate Banking Committee on July 28, 2005 with the result, "Ordered to be reported with an amendment in the nature of a substitute favorably", which I believe is Congress speak for, "we don't like this, please go rewrite it and we may reconsider", i.e., the bill died in a Republican controlled committee and never came to the floor of the Senate or back to the Senate Banking Committee for reconsideration. S190 died in committee.

[fed_up_mother]

1. Send this to all the news outlets!

[MadrasT]

2. McSame is making a complete mockery of the entire process

of campaigning and presidential elections.

Stop it! Stop mocking! :banghead:

[Old and In the Way]

3. Too bad this wasn't known an hour ago.

A republican talking head on MS-NBC used this as proof that the economic situation was the fault of Democrats. Now we know the truth.

Thanks for posting.