Before i launch into a new theory on Freddie and Fannie and this election just wanted to put a link up for Panickhttp://query.nytimes.com/...link&exprod=permalink Its a NY times story regarding White House pressure to make risky loans.I found exact legislation used earlier but for some reason the same searches tonight turned up different results.
Get ready to call me a nut but to me this is all that makes sense. BTW i am far from prone to conspiracy theories, i still believe lee harvey oswald did the job alone.
I have been perplexed as to why with a financial crisis of this enormity neither candidate 4 to 5 weeks before an election are hammering home the other party did this! People are so angry if you could tag the other party with the blame its an easy win yet both sides just blame wall street greed. Back in Washington they are interviewing CEO's to see how many millions they made, important yes but small potatoes compared to the billions we are being forced to bail them out. So neither party is screaming except whispers about lack of regulation and capitol hill corruption. Where is the 4th estate the media to get to the bottom of this and tell us who did what where? No where to be heard from except to cover the greedy wall street guys in front of committees that aren't really doing anything.
So here is my theory. I think both Parties have so many members that are involved in this mess and if you look at the records neither party forced oversight when they had the chances. Republicans controlled Congress, nothing changed, Democrats controlled Congress, nothing changed.
I think this little meeting in Washington McCain suspended his campaign for and Obama went to was to tell them the real story. Don't play politics with this one because there is enough corruption from both sides that neither Party would survive.
What else would explain the lack of attack from either side on the issue. Or the medias silence in what should be an easy investigation? They are trying to win the White House.. gloves are off on every topic, why so nicey about the biggest issue of all?
Alright fire away tell me i am crazy. I hope you convince me because thinking the entire government is trying to hide how corrupt they have become from the public is not a happy thought!