Smoking Gun Memo

OK.   Know how the Democrats continually LIE and try to blame the current financial crisis on the Republicans?  Well here is a letter that House Democrats wrote to George W. Bush on June 28 2004, complaining that he was emphasizing “safety and soundness” in the housing related financial markets too much!!!!
http://www.redstate.com/moe_lane/files/2010/09/economic-reality.pdf
Take a look at who signed it… now that the system imploded, these are the same people that foist the lie that the Republicans didn’t want to regulate the financial markets.
The Redstate link below has a good article discussing it.

http://www.redstate.com/moe_lane/2010/09/08/democratic-hypocrisy-on-fannie-maefreddie-mac/
For clarification:  I believe that the Republicans were complicit too, and am estatic that good progress has being made in getting rid of corrupt incumbent Republicans in the recent Republican primaries.  But still, the levels to which the Political Class of Democrats (not the rank and file Democrat on the street) will stoop to lie and re-write history for political purposes really pisses me off.

Leave a Reply