McCain -- national punchbag for crisis the Democrats created- says Ruth Dudley Edwards

This article in the Sunday Independent is an excellent analysis of the genesis of the current economic crisis prevailing not alone in the US but throughout the world. It is also weighs the relative merits of both John McCain and Barack Obama as presidential material. Here are some excerpts:

".......The road to hell is paved with good intentions, and the economic hell that the world is now experiencing began with the determination of Bill Clinton and the Democratic Party to force mortgage providers to help the poor -- particularly those from ethnic minorities -- to become home owners.

Clinton became alarmed at the rampant success of his policy enforcers, but his attempt to introduce regulation of the sub-prime market was shot down in Congress by his own party, who were in thrall to the powerful Congressional Black Caucus who attacked prudence as racism.
George W Bush's several attempts to rein back mortgage providers were similarly sabotaged. "The Democrats are our family," said the head of Freddie Mac to the meeting of the Black Caucus in 2004 at which Obama was welcomed into the group: "You are our conscience."

There are hundreds of thousands of poor people, black, white and Hispanic, who are now homeless because the Democratic Party allowed itself to be bullied by that caucus. And Obama's failure to question the group's activities is all of a piece with his political record. He talks of change but -- unlike McCain, who is an instinctive and brave reformer -- as a politician he has never questioned the institutions of which he has been part......"

"....As a state senator for eight years, he never challenged corruption in the Democratic political sewer that is Chicago. On the contrary, he sucked up to the power-brokers and wheeler-dealers and chose as his friends people who could help him extend his political base. ......"
The text of the full article may be sourced at the Sunday Independent

Video: Obama Own Goal-“ACORN and Friends will shape my agenda”

Starting around 1:45, watch what Obama tells the 'activists.' This is highly embarassing for Obama in the run in to the Presidential Election.

Team Sarah Video attacks Obama funding by Freddie Mac and Fannie Mae

This video comes from Team Sarah . Team Sarah is a coalition of diverse women dedicated to advancing and defending Sarah Palin's Vice Presidential candidacy.

The top three recipients of campaign contributions from Fannie Mae and Freddie Mac are all Democrats :

1. Dodd, Christopher J (D)-$165,400


2. Obama, Barack (D)-$126,349


3. Kerry, John (D)-$111,000


4. ................................

62. John McCain (R)-$21550

According to the Washington Post 9/19/08 John McCain pushed for stronger regulation on Freddie Mac and Fannie Mae whilst Mr Obama was NOTABLY SILENT. Democrats blocked the reform. Bill Clinton said that Democrats resisted any efforts by Republicans in the Congress and by himself as President to put in place some standards and tighten up on Fannie Mae and Freddie Mac.

McCain's Albuquerque speech shatters Obama credibility on Tax and on Fannie Mae(Will the real Barack Obama please stand up?)

Stunning performance by Palin in Vice Presidential debate at Saint Louis (Palin turns the tables on detractors)

Sarah Palin performed very strongly. She was articulate, vivacious,charismatic and knowledgeable.
This was a champagne performance. Liberal media eat your hearts out. She was an inspired Vice Presidential selection. Joe Biden was Joe Biden –strong on some details but factually incorrect on others. Biden kept going back instead of forward. This was a bad blunder.

Palin strongly targeted Obama’s poor record on high spending and tax increases. She was strong on energy independence stressing the need for more drilling to ensure less American dependence on hostile foreign regimes. She continuously stressed reform of Wall Street and was strong on Israel. She outlined John McCain’s proposals two years ago to regulate Fannie Mae and Freddie Mac. She hit Obama strongly on tax breaks for oil companies. She also dealt with her formidable record in Alaska where she introduced a balanced budget and reduced taxes.
Joe Biden was articulate and endeavoured to tie McCain to Bush. He used the class warfare card and attacked McCain’s foreign policy platform. He misrepresented John McCain's record on taxes. His various mis-statements on McCains voting record have handed a powerful weapon to the McCain campaign. He was quite often factually incorrect. He endeavoured to paint McCain as unreasonable. However Palin resonated strongly with ordinary voters.

This is a triumph of epic proportions for Sarah Palin who has been savaged by the bloodhounds of the liberal media. Not alone was she assailed but her family was torn to shreds by the same media. This woman could lead America in any crisis.

John McCain fought to rein in Fannie and Freddy-Powerful new evidence-Obama remained silent (McCain AD)

John McCain fought to rein in Fanny and Freddie in 2006. This video provides powerful evidence to support this statement. According to the Washington Post 9/19/08 John McCain pushed for stronger regulation whilst Mr Obama was NOTABLY SILENT. Democrats blocked the reform. Bill Clinton said that Democrats resisted any efforts by Republicans in the Congress and by himself as President to put some standards and tighten up on Fannie Mae and Freddie Mac.

Fannie Mae and Freddie Mac huge donors to Obama-Liberal Media fails to notice

Two months ago the Government announced that it would prop up mortgage buyers Fannie Mae and Freddie Mac.
The top three recipients of campaign contributions from Fannie Mae and Freddie Mac are all Democrats :

1. Dodd, Christopher J (D)-$165,400


2. Obama, Barack (D)-$126,349


3. Kerry, John (D)-$111,000


4. ............................................

62. McCain John (R)-$21550

As is glaringly obvious from these statistics Barack Obama was a major recipient of campaign contributions from Fannie Mae and Freddie Mac. Yet the liberal media in general has failed to highlight this.
JOHN McCAIN REPEATEDLY WARNED OF THE INEVITABILITY OF THE CRISIS IN RELATION TO Fannie Mae and Freddie Mac AND TRIED TO PASS LEGISLATION TO PREVENT IT.
"I join as a cosponsor of the Federal Housing Enterprise Regulatory Reform Act of 2005, S. 190, to underscore my support for quick passage of GSE regulatory reform legislation. If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole." -Sen. John McCain

Democrat Culpability for Wall Street Debacle-The Truth that Obama dare not speak

Barack Obama and his apologists Goebbels like have spun the fable that the John McCain is largely responsible for the Wall Street debacle. This is another in a series of vicious smears emanating from the Obama camp. In truth major responsibility rests with the Democrats. This problem had its genesis in policies pursued by the Clinton administration.

Michael Reagan in a brilliant article titled "Democrats Own the Wall Street Debacle" in Newsmax.com spells out the unvarnished truth. Here is an appetiser.

".....Obama brazenly blames John McCain and the GOP for the current Wall Street mess when it’s clear none of it was due to Republican policies. The truth of the matter is that it was McCain and three GOP colleagues who sought to reform the government’s lending policies three long years ago after the Bush administration had failed two years earlier. On May 25, 2006, McCain spoke on behalf of the Federal Housing Enterprise Regulatory Reform Act of 2005, and warned against the debacle we are now facing if it failed to pass........."

.."McCain warned, “If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole.”
McCain predicted the entire collapse we now are suffering through. He stressed the falsification of financial records to benefit executives, including Obama advisers Franklin Raines and Jim Johnson"

Make sure to read the full article here