We all know Obama's primary platform is that McCain voted %90 of the time with Bush on economic issues. Obama and the democrats also blame Bush for the economic troubles we're currently experiencing.
Many also know that the economic crisis was caused by the implosion of the housing industry and that the implosion was caused by people defaulting on their mortgages.
It is also known that democrats forced banks to give loans to people who couldn't afford them through equal opportunity housing. Freddy Mac and Fanny Mae donated to democratic politicians in very large amounts. Matter of fact, Obama was the second largest recipient. Franklin Raines ran one of these groups and was chased out for fraud. During his campaign, Obama sought advice from Raines even though Raines was not a formal advisor, but that's not very relevant to the point.
In the 2005/ 2006 time area, somefore saw the collapse of the housing markets, including Bush's secretary treasurer. Republicans fought to try and regulate the housing market, but their efforts failed because of democrats who fought off their attempts at regulation.
Obama and democrats pin this on Bush and this enables them to use it as a campaign weapon by constantly saying that McCain has the same policies. They even have the nerve to say republicans fought regulations when it was actually republicans who were trying to regulate and dems who fought them off.
I have to believe that if it were McCain who had been the 2nd largest recipient of contributions from Mae and Mac, and if it had been him who asked advice from Raines, and if it had actually been him fighting the regulation attempt that he would be the target of a major scandal.
To those who buy that the economic crisis is Bush's fault, and therefore McCain will be more of the same, you need to realize that you're being lied to for the sole purpose of votes. The fact that they even attempt to disregard the truth and mislead all of their party followers should really insult the intelligence of every single citizen, but sadly, some just don't care.
Here is the address of McCain warning against the crisis in 2006 and below it is a link to the actual senate record.
http://mcauleysworld.wordpress.com/2008/09/20/john-mccain-2006-warning-on-current-housing-crisis/
http://www.govtrack.us/congress/record.xpd?id=109-s20060525-16&bill=s109-190
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