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Politics : Politics for Pros- moderated

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To: Brumar89 who wrote (449009)10/4/2011 10:22:17 AM
From: Geoff Altman4 Recommendations   of 794104
 
Obama doesn't regret Solyndra, it was a "good bet"

What is it with democrats and gambling with tax payer money? It's never a small 'bet' either.

First we have Barney Frank and cronies blowing off warnings about the rapid growth of GSEs:

House Financial Services Committee hearing, Sept. 25, 2003:

Rep. Frank: I do think I do not want the same kind of focus on safety and soundness that we have in OCC [Office of the Comptroller of the Currency] and OTS [Office of Thrift Supervision]. I want to roll the dice a little bit more in this situation towards subsidized housing. . . .

In these hearings the standard approach was to try and shoot the messenger:

Senate Banking Committee, April 6, 2005:

Sen. Schumer: I'll lay my marker down right now, Mr. Chairman. I think Fannie and Freddie need some changes, but I don't think they need dramatic restructuring in terms of their mission..

Didn't that pederaster Frank Davis ever teach Obama that you don't draw to an inside straight?:

Obama doesn't regret Solyndra, it was a "good bet"
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