Read the article, then read the date on the by-line:
http://query.nytimes.com/gst/fullpage.html?res=9E06E3D6123BF932A2575AC0A9659C8B63&sec=&spon=&partner=permalink&exprod=permalink "The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.
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2. So what was this supposed to accomplish? Rather than having a different branch of the government do oversight on parts of the executive branch, this bill was going to have the executive branch do oversight on itself? That worked so well with Iraq and Halliburton...
Doesn't sound so cool to me. Sounds more like having the executive branch giving itself even more power at the expense of the other branches of government again.
Do you think this fits with your libertarian ideals, Scott? Having one branch accumulate ever greater numbers of powers? I would think that your immediate reaction would be to attack such ideas as an attack on the constitutional principle of separation of powers.
I wonder how Ron Paul voted on this bill (if it ever even came up...)
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Interesting to note the top three receivers of Fannie/Freddie political money. Chris Dodd, Barack Obama, John Kerry. (But down worry, Republican scum like Arlen Specter, etc aren't far below them.)
http://www.opensecrets.org/news/2008/09/update-fannie-mae-and-freddie.html
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Frankly I think the Dems are more like the Repubs of twenty years ago, and the Repubs are just frikking fascists who want to make their friends rich before the whole house of cards comes down. Its time for them to check out and make room for another party or two.
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