This quote is from John McCain’s speech today in Green Bay, WI. regarding the economy.
“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.”
Here are the facts, direct from the Congressional Record.
January 26, 2005
By Mr. HAGEL (for himself, Mr. SUNUNU, and Mrs. DOLE):
S . 190 . A bill to address the regulation of secondary mortgage market enterprises, and for other purposes; to the Committee on Banking, Housing, and Urban Affairs.
Then over a year later McCain becomes a co-sponsor to the bill and submits a “speech” to the Congressional Record that he never actually gave (done all the time in Congress. Called Revise and Extending remarks.)
May 26, 2006
S . 190
At the request of Mr. HAGEL, the name of the Senator from Arizona (Mr. MCCAIN) was added as a cosponsor of S . 190, a bill to address the regulation of secondary mortgage market enterprises, and for other purposes.
The truth of the matter is that John McCain, at the request of Chuck Hagel, became a co-sponsor of a bill that was going nowhere in the Senate; in early 2006 Republicans thought Chuck Hagel was going to run for President and McCain was trying to get onto anything that Hagel did, so he could say “me too”. BECAUSE six months later John McCain was announcing he was running for President.
I really wanted Obama to choose Chuck Hagel for his VP choice, but it didn’t work out that way. Nevertheless, I would suspect that Hagel ends up in an Obama administration (if he won).
I know that politicians don’t tell the truth most of the time. But McCain, besides being just unintelligent, can’t seem to tell the truth EVER. I’m now leaning toward “anyone else” on the ballot in November. However, the absolute clear thing to me is McCain cannot be allowed to win. It will be the economic ruination of our Country. John McCain just does not have the smarts needed, nor the years left in him (and President Palin scares the living crap out of me), to be able to guide this Country.