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Home Front: Politix
BREAKING: The Gloves Are Well And Truly Off On Fannie Mae.
2008-10-06
From McCain's speech today (I posted in comments, but it needs to be read) and pray that he is counting on The One having only 24 hours to get his answers together for this, and on national TV with NO teleprompter.

Senator Obama has accused me of opposing regulation to avert this crisis. I guess he believes if a lie is big enough and repeated often enough it will be believed. But the truth is I was the one who called at the time for tighter restrictions on Fannie Mae and Freddie Mac that could have helped prevent this crisis from happening in the first place.

Senator Obama was silent on the regulation of Fannie Mae and Freddie Mac, and his Democratic allies in Congress opposed every effort to rein them in. As recently as September of last year he said that subprime loans had been, quote, “a good idea.” Well, Senator Obama, that “good idea” has now plunged this country into the worst financial crisis since the Great Depression.

To hear him talk now, youÂ’d think heÂ’d always opposed the dangerous practices at these institutions. But there is absolutely nothing in his record to suggest he did. He was surely familiar with the people who were creating this problem. The executives of Fannie Mae and Freddie Mac have advised him, and he has taken their money for his campaign. He has received more money from Fannie Mae and Freddie Mac than any other senator in history, with the exception of the chairman of the committee overseeing them. Did he ever talk to the executives at Fannie and Freddie about these reckless loans? Did he ever discuss with them the stronger oversight I proposed? If Senator Obama is such a champion of financial regulation, why didnÂ’t he support these regulations that could have prevented this crisis in the first place? He wonÂ’t tell you, but you deserve an answer.

My opponent has invited serious questioning by announcing a few weeks ago that he would quote -- “take off the gloves.” Since then, whenever I have questioned his policies or his record, he has called me a liar.

Rather than answer his critics, Senator Obama will try to distract you from noticing that he never answers the serious and legitimate questions he has been asked. But let me reply in the plainest terms I know. I donÂ’t need lessons about telling the truth to American people. And were I ever to need any improvement in that regard, I probably wouldnÂ’t seek advice from a Chicago politician.

My opponentÂ’s touchiness every time he is questioned about his record should make us only more concerned. For a guy whoÂ’s already authored two memoirs, heÂ’s not exactly an open book. ItÂ’s as if somehow the usual rules donÂ’t apply, and where other candidates have to explain themselves and their records, Senator Obama seems to think he is above all that. Whatever the question, whatever the issue, thereÂ’s always a back story with Senator Obama.

All people want to know is: What has this man ever actually accomplished in government? What does he plan for America? In short: Who is the real Barack Obama? But ask such questions and all you get in response is another barrage of angry insults.
Posted by:Sherry

#9  I've been watching McCain live on Fox News. He truly has taken the gloves off.

Between that and this (H/T to Mickey Kaus via Instapundit), I'm wondering if we're not about to witness the Mother of All October Surprises. One can always hope (snicker, snicker, chuckle)...
Posted by: Ricky bin Ricardo (Abu Babaloo)   2008-10-06 22:06  

#8  I might not have to hold my nose as much if this keeps up.
Posted by: Hellfish   2008-10-06 18:55  

#7  Someone needs to make a poster image 2x2 of Pelosi, Frank, Dodd and Reid with the large title 'Gang of Four'. Run against a Congress portrayed as that and you'll get the American people mad enough by November for 'Change'.
Posted by: Procopius2k   2008-10-06 17:54  

#6  About f'in time!

wait for the out of context / edited quotes on tonight's news; 180 degree fliperroo i'll bet.
Posted by: USN, Ret.   2008-10-06 17:15  

#5  Now then, let's have Governor Palin tee off on these comments tomorrow in Michigan. And let's have Mac say these same words again in Ohio.

And let's get Governor Romney, Mayor Guiliani, Governor Huckabee, et al., off their asses and get them to work. They promised Mac they would help. Now would be good. It's time to swarm the MSM, particularly the talk show circuit, and make it hard to be ignored.
Posted by: Steve White   2008-10-06 16:17  

#4  This should make Ace feel better.
Posted by: Steve White   2008-10-06 16:15  

#3  FULL BROADSIDE BABY!
Posted by: Anon4021   2008-10-06 15:59  

#2  I've been watching McCain live on Fox News. He truly has taken the gloves off.
Posted by: Deacon Blues   2008-10-06 15:51  

#1  About time.

I just hope it isn't too little, too late.
Posted by: DarthVader   2008-10-06 15:42  

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