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Monday, 1 November 2010

Internet Marketing Tools, Online Marketing, Email Marketing: what is your opinion on this email that was sent to me?

A new Post "what is your opinion on this email that was sent to me?" was written on the November 1, 2010 at 5:35 pm on "Internet Marketing Tools, Online Marketing, Email Marketing".

by andyi [1]

*_Question by Texas Democrat_: what is your opinion on this email that
was sent to me?*
What caused the "economic crisis we are now stuck with" is the refusal
of Democrats like Barney Frank to recognize the need for reform and
oversite at Fannie Mae and Freddie Mac...who together owned or
guaranteed one-half of the trillion dollar U.S. mortgage market. John
McCain apparently recognized the problem as on may 25, 2006 he stated
on the Senate floor, "I join as a co-spnsor to the Federal Housing
Enterprise Regulatory Reform Act fo 2005, to underscore my support for
quick passage of GSE regulatory reform legislation. If Congress does
not act, American taxpayers will continue to be exposed to the
enormous risk that Fannie Mae and Freddie Mac pose to the housing
market, the overall financial system, and the economy as a whole".
President Bush, along with those in his administration, also warned of
problems and the need for regulations and oversite at Fannie and
Freddie...a total of SEVENTEEN TIMES since 2001. And, the legislation
I mentioned that would have done just that was blocked by the
Democrats and never made it out of committee...of course Cris Dodd
(D), then the ranking member of the Banking Committee and now its
chair, was in the middle of receiving preferential loan treatment from
Countrywide Mortgage...one of the companies gaming the system in the
credit crisis. Here's what Mr. Frank, who at the time was the ranking
member of the House Financial Services Committee, and now its chair
had to say about Fannie and Freddie in 2003, "The more people, in my
judgement, exaggerate a threat of safety and soundness (at Fannie and
Freddie), the more people conjure up the possibility of serious
financial losses to the Treasury, which I do not see. And even if
there were a problem, the Federal Government doesn't bail them out.
But the more pressure there is, then the less I think we see in
affordable housing". THAT'S BRILLIANT BARNEY!!! I especially like the
part that people were just exaggerating and conjuring up problems that
don't exist. what gets me is that these people have the GALL to even
show their faces!! The "funny" thing is the trail of corruption leads
straight to Barack Obama...who happens to be, by far, the top
recipient of "donations" from Fannie and Freddie since he has been in
Congress. Now, who is it that's to blame???