Aging Vermonters grim about facing ha...

Aging Vermonters grim about facing hard times

There are 1 comment on the Rutland Herald story from Sep 19, 2008, titled Aging Vermonters grim about facing hard times. In it, Rutland Herald reports that:

It's an organization 128,000 Vermont members strong. But, on Wednesday, an audience of about 150 members of AARP and interested locals said they were losing their financial strength, a concern expressed at a ...

Join the discussion below, or Read more at Rutland Herald.



#1 Sep 25, 2008
Thank the dems for that.

The same democratic politicians who today decry the lack of intervention to stop excess risk taking were the ones who blocked the only legislative effort by John McCain that could have stopped 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.
I urge my colleagues to support swift action on this GSE reform legislation.”- John
McCain 2005


The failure of Fannie Mae and Freddie Mac could have been averted IF Federal Housing
Enterprise Regulatory Reform Act of 2005 had been passed.

Federal Housing Enterprise Regulatory Reform Act of 2005 only had three co-sponsors :
Elizabeth Dole, John McCain and John Sununu. For Nancy Pelosi blaming the GOP is
downright an insult to ALL of US TAXPAYERS! -
oversee-fannie-and-freddiein-2 005/

Gee, and who did the now Government financed mortgage broker Fannie Mae give its
money to when it wanted to influence a politician?

OpenSecrets lists the top three politicians in which FNMA “invested” from 1989 to 2008.

Top Recipients of Fannie Mae/Freddie Mac Campaign Contributions, 1989-2008Name
Office State Party Grand Total

Dodd, Christopher S CT D $165,400
Obama, Barack S IL D $126,349 ($6000 came from the PAC)
Kerry, John S MA D $111,000

What about McCain?

The folks at Fannie Mae didn’t show him a lot of love. According to Open Secrets:

McCain, John S AZ R $21,550 (all from individuals).

Oh yeah, and who tabbed the former head of Fannie Mae to head up his Vice Presidential
search team? OBAMA, that’s who. Back in May Barack turned to Jim Johnson, former
CEO of Fannie Mae.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

University of Vermont Discussions

Title Updated Last By Comments
News Bernie Sanders won't endorse own son's US House... Tue Lawrence Wolf 63
News Vermont city considers making mural more inclus... Jan '18 read noble koran ... 6
News Alice Hyde President Doug DiVello resigns (May '17) Nov '17 Catman 19
News Republicans look to scrap Michelle Obama school... (Feb '17) Feb '17 Texxy the Selfie Cat 1
News Why Taking A Yoga Teacher Training May Be One O... (Dec '15) Oct '16 Eddy Donald 2
News OneCare launching care coordination software in... (Jun '16) Jun '16 Dr Pendyke 2
News Produce Trashed Students tossing veggies mandat... (Dec '15) Dec '15 Ritual Habitual 1