Wondering About The Truth??

Proof McCain Was On The Issue In 2005...


Been listening to the lamestream media play Bwarny Franke lisping his way through his baseless denials (not the river in Egypt) about his and his fellow Democrats involvement in the current financial/mortgage"non-crisis?"

Been watching the TV showing Obamarama looking all presidential as he tries to mitigate the circumstances?

Then Google Senate bill S-109, or just click on this link and save yourself the trouble:

http://www.govtrack.us/congress/bill.xpd?bill=s109-190

Once there, you'll see a page that looks like this (click on the image to enlarge):

Now look at the bill's co-sponsors and you'll see this:

And if you click on the "Summary Button" on the website you'll see these words...

1/26/2005--Introduced.

Federal Housing Enterprise Regulatory Reform Act of 2005 - Amends the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (another Republican effort to fix this "problem"--VRR) to establish: (1) in lieu of the Office of Federal Housing Enterprise Oversight of the Department of Housing and Urban Development (HUD), an independent Federal Housing Enterprise Regulatory Agency which shall have authority over the Federal Home Loan Bank Finance Corporation, the Federal Home Loan Banks, the Federal National Mortgage Association (Fannie Mae), and the Federal Home Loan Mortgage Corporation (Freddie Mac); and (2) the Federal Housing Enterprise Board.
Sets forth operating, administrative, and regulatory provisions of the Agency, including provisions respecting: (1) assessment authority; (2) authority to limit nonmission-related assets; (3) minimum and critical capital levels; (4) risk-based capital test; (5) capital classifications and undercapitalized enterprises; (6) enforcement actions and penalties; (7) golden parachutes; and (8) reporting.

Amends the Federal Home Loan Bank Act to establish the Federal Home Loan Bank Finance Corporation. Transfers the functions of the Office of Finance of the Federal Home Loan Banks to such Corporation.

Excludes the Federal Home Loan Banks from certain securities reporting requirements.
Abolishes the Federal Housing Finance Board.

Can't you see that most all of the lamestream media, and virtually every one of the serving Dem's are lying partisan idiots...one and all...???

UPDATE 7:05 AM

Then there's this You Tube Video just in case you haven't seen it:



Are You starting to see the light yet?