Saul Alinsky - "Ridicule is man's most potent weapon. It is almost impossible to counteract ridicule."<quoted text>
Pick any actual quote from below and tell us why the person referenced didn't say what the Wall Street Journal said they said.
I'll help you. Here's the post again:
I just love it when the Democrats use George Bush as a reference to defend their bullshit. I suppose everything the Democrats do is Bush's fault....
A straight-line progression of negotiating points from the Democrats and the Director of OFHEO citing Fannie Mae and Freddie Mac for cooking the books to hids the CRA failure, then putting this on a time line showing the coincidence of the Democrats being given what they want with their support for the Iraq operation may seem convoluted to you. After all, you're stupid enough to gobble up the obvious lies of the Democrats.
"So are you saying that when F&F cooked the books, during Bush, that it was the Dems fault?"
Here's the relevant quotes showing the Democrats protecting Fannie Mae and Freddie Mac while they cook the books:
Barney Frank - " I worry, frankly, that there's a tension here. The more people, in my judgment, exaggerate a threat of safety and soundness, the more people conjure up the possibility of serious financial losses to the Treasury, which I do not see. I think we see entities that are fundamentally sound financially and withstand some of the disaster scenarios."
... and "I do think I do not want the same kind of focus on safety and soundness that we have in OCC [Office of the Comptroller of the Currency] and OTS [Office of Thrift Supervision]. I want to roll the dice a little bit more in this situation towards subsidized housing."
OFHEO Director Armando Falcon Jr - "OFHEO [Office of Federal Housing Enterprise Oversight] did not improperly apply accounting rules; Freddie Mac did. OFHEO did not try to manage earnings improperly; Freddie Mac did. So this isn't about the agency's engagement in improper conduct, it is about Freddie Mac. Let me just correct the record on that. I have been asking for these additional authorities for four years now. I have been asking for additional resources, the independent appropriations assessment powers."
Rep. Gregory Meeks (D., N.Y.)- " I am just pissed off at OFHEO because if it wasn't for you I don't think that we would be here in the first place."
"And that after Bush's 2002 'we need to make sure by any means possible that every American owns a home' speech that the sub prime market didn't expand 10 fold? And that it was never an issue until 2007?"
If you read the material, you will see that this was an issue going all the way back to when Bill Clinton began this economic nightmare when he strong-armed Fannie Mae and Freddie Mac into pushing the Democrats' ludicrous subprime housing loan program nationwide. It was 2003 when it came before Congress in hearings that were called because the threat to our economy had been identified, and because the Democrats demanded the Republicans give in to them over their subprime program that eventually collapsed our economy.
The bottom line is, the Republicans gave the Democrats what they wanted, in exchange the Democrats were for the Iraq operation (before they were against it), the Democrats gained full oversight of their ludicrous subprime housing loan program, and after 2 years of Democrat oversight that program collapsed our economy.
Now, let's compare the timelines of the Republicans giving to the Democrats their wish for no effective oversight of their insane subprime loan program that ultimately collapsed our economy after 2 years of oversight by Democrats to the timeline of the Democrats being for the Iraq operation before they were against it.