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<p>But it would’ve fallen nevertheless? Yes or no?</p>
<p>And Cuse,</p>
<p>McCain hasn’t cast a vote in the Senate since god knows how long. Remember the GI Bill that he was against, then missed the vote on so he could falsely claim he was for it once it was passed? Yeah, stuff like that. So McCain rushing off the Washington pretending like he’s going to get things done is much more akin to political cowardice than selflessness. McCain is just one senator. There are majority and minority leaders that will lead the senate, and McCain can be perfectly influential while not being in Washington. His only logical motive for doing this is to duck the economic salvo that will come from Obama in Friday’s debate.</p>
<p>And conservatives are the one perfectly content to slander war heroes like Kerry to help cowardly draft dodgers like Bush, so I have no problem calling McCain a coward also when he tries to hide behind a national economic crisis in order to avoid owning up to his guilty history of de-regulation. Coward!</p>
<p>“There is one person who has been consistent on reform issues and that’s been John McCain.”</p>
<p>Notice he said person, not Republican. McCain has the power to get things done. Bush can’t, Obama hasn’t. This is one of those times.</p>
<p>[url=<a href=“http://www.washingtonpost.com/wp-dyn/content/article/2008/09/18/AR2008091803159.html]washingtonpost.com[/url”>http://www.washingtonpost.com/wp-dyn/content/article/2008/09/18/AR2008091803159.html]washingtonpost.com[/url</a>]</p>
<p>Please buddy, tell us what deregulation got us into this trouble exactly. The handwriting on the wall points to the Democrats inaction as a response to their funding sources.</p>
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<p>Deregulation lets financiers pull **** like being able to sell bad loans. It completely takes the incentive out of lending money responsibly, since you can make huge profits by shirking the risk of defaulting to others. So what happens is you have a bunch of Wall Street guys acting completely irresponsibly, resulting in the kind of chaos we see today.</p>
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<p>Rather than repeat that one throwaway courtesy quote ad nauseum until you put us all to sleep, how about trying to prove that McCain has been consistent on reform issues. </p>
<p>I asked you this before but you unsurprisingly dodged it: Name me one “mavericky” issue that McCain has not completely reneged on as candidate of the Republican party.</p>
<p>“Deregulation lets financiers pull **** like being able to sell bad loans. It completely takes the incentive out of lending money responsibly, since you can make huge profits by shirking the risk of defaulting to others. So what happens is you have a bunch of Wall Street guys acting completely irresponsibly, resulting in the kind of chaos we see today.”</p>
<p>Buddy, I asked for specific legislation and specific actions. Call for actions. What do you make of Clinton’s complacency then?</p>
<p>*He cited the repeal of the glass-steagall act as a “possibility”, then said nope.
*He said you could argue they should have been more strict on derivatives when he was President, but no one in Congress wanted to do it.
*He could have reigned in Fannie Mae and Freddie Mac, but they had too much money to contribute to both Republicans and Democrats and it would have never happened.</p>
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<p>Nobody ever accused Clinton of being against big business, except for wingnut Republicans who honestly think Bill was a socialist or something. If you want to slam Clinton for being complacent and not doing enough to oppose the irresponsible deregulation that began with Reagan, go ahead. I won’t oppose you. Of course, don’t try to give a free pass to the actual president that was sitting in the Oval Office during the time when the actual crisis happen. What, Bush was totally powerless in the last 8 years?</p>
<p>I’m not sure what you’re rambling about. I’ve said before that Clinton didn’t cause this, but certainly, he could have wielded his influence with the Democrats, who are in Fannie/Freddie coffers, to budge. The point I was trying to make with Clinton is that you’re pinning the blame on Bush. So blame Bush for something Clinton didn’t fix…right.</p>
<p>[Just</a> the Facts: The Administration’s Unheeded Warnings About the Systemic Risk Posed by the GSEs](<a href=“http://www.whitehouse.gov/news/releases/2008/09/20080919-15.html]Just”>http://www.whitehouse.gov/news/releases/2008/09/20080919-15.html)
President Bush publicly called for GSE reform 17 times in 2008 alone before Congress acted.</p>
<p>Does he have some super pen that can overrule Congress? The Democrats didn’t budge with Clintons and the Republicans, they didn’t budge despite the many warnings by Bush, and now that things are looking drastic, they still want to be cronies and direct funds of taxpayer revenues towards corrupted institutions and groups.</p>
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<p>Do you not understand that Bush has been president for the past eight years with a compliant Congress? Where does the buck passing stop with you people?</p>
<p>I have no idea what to make of your nonsensical arguments.</p>