Thursday, September 25, 2008

Judgment Day

by Cal Thomas - September 25th, 2008 - Townhall.com

It is an affront to the nation that some of the people who brought on the crisis (and financially and politically benefited from the status quo) were asking the questions at the Banking Committee hearing. They should have been in the witness chair. Dodd said the crisis was "entirely foreseeable and preventable." Then why didn't he try to prevent it? He should have been answering questions about the PAC contributions he received from Fannie Mae and Freddie Mac, (according to opensecrets.org, he's the Senate's no. 1 recipient of campaign contributions, $133,900, Barack Obama is no. 3, $105,849), his sweetheart Countrywide Financial mortgage rate and whether they influenced his inattentiveness to the growing mortgage crisis.

Will the judgement on November 4th be to punish those who caused this crisis, the Democrats, or to reward them and continue the rush to socialism?


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