Posted by
Richard on Wednesday, September 24, 2008 12:30:13 AM
In a piece at MSNBC.COM, we find a report by the NY Times about a McCain aide receiving payments from Freddie Mac. Ok fair enough I am relatively certain that there are probably no wrong doings in this arrangement. Nevertheless, it does not put a nice light on the McCain campaign.
But what is not reported, nor is even mentioned by this tool of the MSM is how the current financial mess has come about in the first place.
To quote Doug Patten of GOPUSA.COM;
“It was largely created out of a misguided need (mostly by Democrats) to feel as though America was actually doing something to help the poor own their own homes. This may be a worthwhile goal, but when people who have absolutely no hope of paying back loans are approved to buy a home… Over the last decade, Democrats like U.S. Rep. Barney Frank, D-MA, chairman of the House Financial Services Committee, and U.S. Sen. Christopher Dodd, D-CN, chairman of the Senate Banking Committee, have insisted that these ridiculous loans be made. Former Attorney General Janet Reno, carrying out the wishes of her boss, threatened legal action against any institution that discriminated or "redlined." …As Bill Clinton's Secretary of Housing and Urban Development (HUD), Cuomo was up to his eyeballs pushing the sub-prime mortgages that started these dominoes tipping in the first place. “
The point of all of this is to show the constant reporting of the MSM of anything that might be of questionable actions no matter how larger or small, by either Conservatives or Republicans is front-page news. However, we find the crickets chirping when it comes to the failings of the Sociolibrocrats.
Witness again one Congressman Rangel who has been somewhat in the news lately, (translation by mostly conservative bloggers), who has been accused of not paying taxes on income earned and other financial manipulations.
And where is the MSN? Once again, I hear the crickets chirping.