True. However, it does remain a fact that he did cosponsor legislation to reign in Freddie and Fannie. The extrapolation of the impact of those two on the rest of the market and industry would certainly be up for debate.

Completely agreed.

Ok, but maybe we should take this to another thread, or start a Great Depression Two thread.

I hold Obama responsible for the pressure of his donors on his eventual presidency, if there is one.


If we want to talk about the responsiblity of McCain vs. general Democrats, or general Republicans vs. general Democrats, I propose that it doesn't belong in the Obama thread.


Maybe a General You thread is in order. ;)

Hahaha... now that's what I call pure pwnage. :D

Not at all...

And ISM, as I understand it, the house passed their version of the bill in question by a large majority (330-120 or something like that). The Senate bill was never able to come to vote due to a dem filibuster.

Maybe I'm just obtuse this morning, scaeagles. But you say the Republican-controlled House of Representatives passed the measure by a large majority, and then the Republican-controlled Senate was stopped from making it a law by a Democratic fillibuster, but you blame the eventual law on the Democrats?


Or are you talking about the McCain co-sponsored alternate bill? What are you saying, man? And does what you're saying have anything to do with Barack Obama???

Scaegles, do you have a link that shows it was filibustered? I've been looking around and have been unable to find any evidence that it was. The article you posted never said it was. According to the Senate website the last action on the bill was "Jul 28, 2005: Committee on Banking, Housing, and Urban Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably," which seems to indicate that it never left committee. The Republicans should have at least been able to get it out of committee on a party line vote, even if it didn't come before the full senate later.

Sorry....you're right in that this isn't the place for this subject matter. I just posted it as you brought up the broader subject of Obama and his ties to the banking industry.

Yeah, that's why I said "I think". I haven't had the time to research it so I apologize for anything that might have misled.

Frankly, I wouldn't be surprised if a combination of dems and republicans stopped it from coming out of committee. To me, the main point was that McCain at least seemed to see that this was coming, but this is the Obama thread, not the McCain thread, as ISM pointed out, so the subject matter doesn't fit here.

We shouldn't be so cocky that CA is going to go to Obama.