John McCain fought to rein in Fannie and Freddie.
The Post says: McCain "pushed for stronger regulation"..."while Mr. Obama was notably silent."
But, Democrats blocked the reforms.
Then, the bubble burst.
And, taxpayers are on the hook for billions.
Bill Clinton knows who is responsible.
Bill Clinton: "I think the responsibility that the Democrats have may rest more in resisting any efforts by Republicans in the Congress or by me when I was President to put some standards and tighten up a little on Fannie Mae and Freddie Mac."
Announcer: You're right, Mr. President. It didn't have to happen.
McCain: I'm John McCain and I approve this message.
| Notes: In response the
Obama campaign referenced a Talking Points Memo article "TPM: McCain
Decries Lack Of Bipartisanship In Speech Moments Before Releasing Ad
Key Point: “McCain made his remarks calling for bipartisanship at around 11:10 this morning. The McCain campaign sent out the ad attacking Dems and Obama at 11:26. So it only took 16 minutes for the McCain campaign to drop its principal's bipartisan pretenses. Which is actually an improvement over yesterday, when McCain managed to attack Obama over the crisis and then call for no finger-pointing in the space of only two sentences.”