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Politics : Liberalism: Do You Agree We've Had Enough of It?
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To: Kenneth E. Phillipps who wrote (48779)9/25/2008 1:19:12 PM
From: tonto   of 224748
 
BILL CLINTON: Well, maybe everybody does that a little bit. I think the responsibility the Democrats have may rest more in resisting any efforts by Republicans in the Congress or by me when I was President to put some standards and tighten up a little on Fannie Mae and Freddie Mac."

Kenneth: In 1994, they gave Greenspan the power to regulate mortgages and he refused to use the power. Now, we are paying the price for the failure to regulate.
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