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[bob ford <bobford79 AT yahoo.com>]

This reporter happens to be a Democrat.

Excerpt:

"Instead, it was Senator Christopher Dodd and Congressman Barney Frank, both 
Democrats, who denied that there were any problems, who refused Bush 
administration requests to set up a regulatory agency to watch over Fannie 
Mae and Freddie Mac, and who were still pushing for these agencies to go even 
further in promoting sub-prime mortgage loans almost up to the minute they 
failed. 

As Thomas Sowell points out in a TownHall.com essay entitled "Do Facts 
Matter?" ( http://snipurl.com/457townhall_com] ): "Alan Greenspan warned them 
four years ago.  So did the Chairman of the Council of Economic Advisers to 
the President.  So did Bush's Secretary of the Treasury." 

These are facts.  This financial crisis was completely preventable.  The 
party that blocked any attempt to prevent it was ... the Democratic Party.  
The party that tried to prevent it was ... the Republican Party. "





http://www.ldsmag.com/ideas/081017light.html