8 Responses

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  1. sully

    :roll: bloviator

    Other than short clips like this, I haven’t listened to ‘talk radio’ in close to 20 years.
    Now I remember why.

    September 25th, 2008 at 10:43 am
  2. Dan (The Infidel)

    With O’Reilly the spin starts with him. Locked in his own little O’Reilly world of his own making; he watches out for no one but himself and his ratings.

    The bitch doesn’t even know who the enemy really is. And he’s watching out for us? LOL. I don’t think so.

    September 25th, 2008 at 12:03 pm
  3. CPLViper

    Bush did say it in 2003 right after Greenspan said it. McCain said it again in 2005. C. Dodd, B. Frank, C. Shumer and all the other fuckin’ idiot Democrats block the solution. Shit, even Bill Clinton admitted on TV that Democrats should not have opposed the bills that tighted the accountability of Fannie and Freddie.

    By the way, FUCK O’REILLY.

    September 25th, 2008 at 12:14 pm
  4. franchie

    fuck O reilly, and I have good raison to say it

    September 25th, 2008 at 12:27 pm
  5. Krig

    I think he’s right. We on the right complain about how the left are a bunch of mindless sheep, repeating whatever the slogan of the day is, but in truth, many of the right-wing political talking head types are just as bad. They mindlessly parrot whatever the conservative talking points of the day are, without thinking about what they’re saying. Mind you, since it’s conservative talking points they’re mindlessly repeating, they do happen to be correct a lot of the time, but not always.

    I think O’Reilly can be a blowhard, and there are a lot of issues where I don’t agree with him, but in this I think he is absolutely right.

    September 25th, 2008 at 1:40 pm
  6. Gary in Midwest

    In order to break Barney Frank’s finger you’d have to kick his boyfriend in the ass!

    September 25th, 2008 at 2:16 pm
  7. MsUnderestimated

    :arrow: In order to break Barney Frank’s finger you’d have to kick his boyfriend in the ass!

    Heh… that’s a good one.

    September 25th, 2008 at 5:16 pm
  8. billie (barracuda)

    Here’s the truth:

    In 2001, the Bush administration raised red flags regarding the size of Fannie Mae and Freddie Mac, and said there could be “strong repurcussions in the financial market.”

    In 2003, Pres. Bush upgraded the warnings about the two mortgage giants, saying a “systemic risk could spread beyond just the housing sector.”

    Later in 2003 Bush pushed Congress to create a new federal agency to regulate and supervise Fannie and Freddy both. However, Democratic Congressman Barney Frank responded, saying “Fannie Mae and Freddie Mac are not in a crisis.”

    The legislation was blocked.

    In 2005, former Federal Reserve Chairman Alan Greenspan appeared before Congress, saying “enabling these institutions to increase in size…we are placing the total financial system of the future at a substantial risk.”

    Greenspan appeared at another hearing warning emphatically “If we fail to strengthen GSE regulations, we increase the possibility of insolvency and crisis.”

    The two mortgage giants, however, had staunch Democrat defenders, including Sen. Charles Schumer of the Senate Banking Committee and the matter was shelved.

    In 2006, Sen. McCain co-sponsored legislation regarding this matter and made a speech on the Senate floor. “For years I have been concerned about the regulatory structure that governs Fannie Mae and Freddie Mac and the sheer magnitude of these companies and the role they play in the housing market…the GSE’s need to be reformed without delay.”

    That bill made it out of the Senate Banking Committee with a party line vote. All of the Democrats voted against it. Obama didn’t weigh in on the bill.

    http://patdollard.com/2008/09/fanniefreddie-dont-blame-bushie-blame-barney/

    September 25th, 2008 at 5:59 pm

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