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Congress, Page 132

Where’s the outrage?

We all remember the controversy over former GOP Congressman Mark Foley (FL-16) who resigned in disgrace after it was reported that he had sent lewd instant messages to a 17 y/o page. The GOP ran Joe Negron in his place in an attempt to hold on to that seat, but West Palm Beach Democrat Tim Mahoney, who campaigned in part on a “family values” platform, defeated Negron (whose name was not on the ballot – Foley’s was) by 2 percentage points to go on and represent Florida’s 16th district......   [Read More]

Did the Democrats play a significant role in the current financial crisis?

It’s been well-documented, mostly by conservative writers, about how Democrats repeatedly hindered efforts by Republicans including John McCain at trying for a regulatory overhaul of Fannie Mae and Freddie Mac. The evidence exists in print and video that while the Bush admininstration and Republican members of the House and Senate were saying “we’ve got to do something about this,” Democrats like Rep. Barney Frank, House Financial Services Committee Chair, and Senator Chris Dodd, Senate Banking Committee Chair, were saying there were “no” problems with Fannie Mae and Freddie Mac......   [Read More]

Even more on how Democrats helped enable our current financial crisis

The Wall Street Journal lends a helping hand in documenting what Democrats and Republicans were saying about Fannie Mae and Freddie Mac before the blow up we’ve seen over the last few weeks.  Many of the quotes you’ve read/heard before, courtesy of some videos I’ve linked to, but one of them – to my recollection – was not on those videos.  Here’s Rep. Barney Frank, ranking Democrat on the Financial Services Committee, during a Committee hearing in September 2003:.....   [Read More]