Speaking in Ceder Rapids, John McCain finally said what the MSM should have been saying; Barack Obama and the Democrats are largely to blame for our financial crisis. Obama wants to blame others but the fact is Obama did nothing to head off the coming crisis when he had the chance. McCain said,
Senator Obama talks a tough game on the financial markets but the facts tell a different story. He took more money from Fannie and Freddie than any Senator but the Democratic chairman of the committee that regulates them. He put Fannie Mae’s CEO, who helped create this disaster, in charge of finding his Vice President. Fannie’s former General Counsel is a senior advisor to his campaign. Whose side do you think he is on? When I pushed legislation to reform Fannie Mae and Freddie Mac, Senator Obama was silent. He didn’t lift a hand to avert this crisis. While the leaders of Fannie and Freddie were lining the pockets of his campaign, they were sowing the seeds of the financial crisis we see today and enriching themselves with millions of dollars in payments. That’s not change, that’s what’s broken in Washington.
Hotline On Call: McCain: Obama Didn’t “Lift A Hand To Avert” Fiscal Crisis.
As usual, Michelle Malkin has something insightful to add.