This is just imcompetent reporting! It was John McCain who stood up in Congress and told everyone that Fannie Mae and Freddie Mac needed REGULATION...it was the Democrats, led by Barney Frank and Christoher Dodd (who, along with Barack Obama, received the most campaign money from Fannie and Freddie) who said that these lending institutions were stable and "not in crisis."
Now, outrageously, Barney Frank is working on the bailout deal!!! And it is Pelosi, Reid, Obama and the Democrats who are agreeing with Bush on this bailout. McCain has faught the first bailout rendition just like he faught Bush on a lot of issues. When it comes to Bush's growing of the government and spending us into debt, it was Pelosi and the Dems who have given him the money every time. Look at the record. Since being in power, the Dems have caved to Bush EVERY time he's wanted money.
While McCain came to Washington to work on this bailout (he hated the original because of it's "arbitrary" $700 billion set price and that the Dems had loaded it up with pork...such as millions going to ACORN, Obama's former employer) Obama was content to sit it out at "debate camp" telling the adults in Washington to "call me if you need me." How can anyone see that behavior as presidential? This was quintessential Obama: I'm voting "present" on the bailout bill!!
To think that Nancy Pelosi and Harry Reid might be running Congress with a Barack Obama in the White House signing all their nationalistic, big-spending, tax-raising bills into law is just sickening.
I pray that the American voter will see where this will take our country and opt to have a Republican providing needed checks and balances on our economy and society.