McCain’s Fannie & Freddie “warning” explained
September 18th, 2008 at 09:52am Pat Cunningham
 
McCainiacs all across the fruited the plain have been jumping up and down the past few days with historical citations of Mr. Straight Talk’s supposedly prescient warning of a few years ago that some things were amiss at Fannie Mae and Freddie Mac.
The implication is that we could have avoided the current financial crisis if only everyone had heeded McCain’s so-called warning.
PolitiFact, a joint venture of Congressional Quarterly and the St. Petersburg Times, puts the matter in PERSPECTIVE.
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2 Comments Add your own
1. Mike Carroll | September 18th, 2008 at 10:14 am
I don’t know about McCain’s warnings on Fannie and Freddie but anyone who has read the Wall Street Journal on a regular basis is certainly not surprised by recent events. They have been flashings warning signs for years on this issue.
2. DingDong | September 18th, 2008 at 1:03 pm
Another ridiculous article, it admits McCain did warn against the crisis but not until getting a report indicating trouble. Like this is bad? How we he even know there was trouble until he some indication of it.
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