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Politics : Fair and Balanced-'Duties Of a Democracy' -- Ignore unavailable to you. Want to Upgrade?


To: ksuave who wrote (1151)9/25/2008 3:43:08 PM
From: longnshort  Read Replies (1) | Respond to of 1262
 
Democrats To Blame for Financial Crisis

President Clinton lays blame for economic crisis at the feet of the Democrats. He said in an ABC interview:
"CHRIS CUOMO, ABC NEWS: A little surprising for you to hear the Democrats saying, "This came out of nowhere, this is all about the Republicans. We had nothing to do with this." Nancy Pelosi saying it. She signed the '99 Gramm Bill. She knew what was going on with the SEC. They're all sophisticated people. Is that playing politics in this situation?
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."

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