9/17/2008 - The McCain Lie of the Day

danarhea · 09-17-08, 08:19 PM

Here is what John McCain just said:

Quote:

Two years ago, I warned that the oversight of Fannie and Freddie was terrible, that we were facing a crisis because of it, or certainly serious problems," Sen. John McCain, R-Ariz., told CBS this morning. "The influence that Fannie and Freddie had in the inside the Beltway, old boy network, which led to this kind of corruption is unacceptable and I warned about it a couple of years ago.

But here is what McCain said about 10 months ago:

Quote:

"So, I’d like to tell you that I did anticipate it, but I have to give you straight talk, I did not.”

Once again, I need not post anything one way or the other here. McCain certainly makes the case against himself all by himself, and needs no help from me.

Article is here.

TacticalEvilDan · 09-17-08, 08:25 PM

Nothing like self-ownage.

Harshaw · 09-17-08, 08:35 PM

Well, in the first quote, he's talking about Fannie Mae and Freddie Mac and not the broader crisis, and he did anticipate it.

GovTrack: Senate Record: FEDERAL HOUSING ENTERPRISE REGULATORY REFORM... (109-s20060525-16)

In the second, he's talking about the broader crisis.

You can make the argument, maybe, that his 2007 statement doesn't square with his comments made at the above link (before), but he's not lying about anticipating the Fannie Mae/Freddie Mac problems.

(Note, too, that while McCain was warning of problems with them, Obama was racking up more donations FROM them than anyone but Chris Dodd, and saying nothing.)

Zyphlin · 09-17-08, 08:57 PM

Quote:

Originally Posted by danarhea

Here is what John McCain just said:

But here is what McCain said about 10 months ago:

Once again, I need not post anything one way or the other here. McCain certainly makes the case against himself all by himself, and needs no help from me.

Article is here.

Ahhh Dana, upholding your standards it seems.

Yes, yes, McCain LIED when he said that he stated "Two years ago, I warned that the oversight of Fannie and Freddie was terrible, that we were facing a crisis because of it, or certainly serious problems" and your article OBVIOUS proves th-....

Oh

****

It actually backs him up that he's NOT lieing

From your article

Quote:

McCain did indeed deliver a speech on the Senate floor in 2006 in which he warned of a problem with Fannie Mae and Freddie Mac and the risks they posed to the housing market and the economy as a whole.

...well...Holy crap. You mean he DID warn 2 years ago that oversight of Frannie and Freddy were problems? But...but how can that be?! Then he wouldn't be lieing.

Oh wait, Dana...are you going to tell me that he's "lieing" by omitting the fact he didn't anticipate the SUB-PRIME crisis, but did 2 years ago warn of the problems of oversight on Freddie and Frannie?

Cause I'd love to see you claim he's lieing for "omitting" because then YOU'D be lieing for omitting the fact he DID do exactly what he said he did.

independent_thinker2002 · 09-17-08, 09:21 PM

What was his position on oversight until a couple days ago?

bhkad · 09-17-08, 09:42 PM

Quote:

Originally Posted by danarhea

Here is what John McCain just said:

But here is what McCain said about 10 months ago:

Once again, I need not post anything one way or the other here. McCain certainly makes the case against himself all by himself, and needs no help from me.

Article is here.

Who's the liar, danarhea?

Hot Air Blog Archive McCain’s attempt to fix Fannie Mae, Freddie Mac in 2005; Update: Obama can’t get AIG right

And who was the second highest recipient of Fannie Mae/Freddie Mac campaign cash?

Hmmm?

bhkad · 09-17-08, 09:45 PM

Quote:

Originally Posted by independent_thinker2002

What was his position on oversight until a couple days ago?

Hot Air Blog Archive McCain’s attempt to fix Fannie Mae, Freddie Mac in 2005; Update: Obama can’t get AIG right

http://www.debatepolitics.com/us-ele...post1057734452

danarhea · 09-17-08, 09:48 PM

Quote:

Originally Posted by Zyphlin

Ahhh Dana, upholding your standards it seems.

Yes, yes, McCain LIED when he said that he stated "Two years ago, I warned that the oversight of Fannie and Freddie was terrible, that we were facing a crisis because of it, or certainly serious problems" and your article OBVIOUS proves th-....

Oh

****

It actually backs him up that he's NOT lieing

From your article

...well...Holy crap. You mean he DID warn 2 years ago that oversight of Frannie and Freddy were problems? But...but how can that be?! Then he wouldn't be lieing.

Oh wait, Dana...are you going to tell me that he's "lieing" by omitting the fact he didn't anticipate the SUB-PRIME crisis, but did 2 years ago warn of the problems of oversight on Freddie and Frannie?

Cause I'd love to see you claim he's lieing for "omitting" because then YOU'D be lieing for omitting the fact he DID do exactly what he said he did.

It is true that I selectively quoted. That is because I wanted to see what the Bushneviks and the McCain supporters would say. You guys were true to form, and now I can post the entirety of what McCain said 10 months ago. Enjoy.

Quote:

“I don’t know the dimensions of this. It’s hard to know what the dimensions are. As I say, I never thought I’d pick up the paper and see a city in Norway is somehow dramatically impacted by it. When I say ‘surprised’ I’m not surprised when in capitalist systems that there’s greed and excess. I think it was Teddy Roosevelt who said ‘unfettered capitalism leads to corruption’ or something like that, that people have disputed for years. “But so, in this whole new derivative stuff, and SIBs and all of this kind of new ways of packaging mortgages together and all that is something that frankly I don’t know a lot about.
"But I do rely on a lot of smart people that I have that are both in my employ and acquaintances of mine. And most of them did not anticipate this. Most of them, I mean I can find some that did. But, a guy that’s on my staff named Doug Holtz-Eakin, who was once the head of the Office of Management and Budget, said that there was nervousness out there. There’s nervousness. There was nervousness that we had such a long period of prosperity without a downturn because of the history of our economy. But I don’t know of hardly anybody, with the exception of a handful, that said ‘wait a minute, this thing is getting completely out of hand and is overheating.'
"So, I’d like to tell you that I did anticipate it, but I have to give you straight talk, I did not.”

Read especially the bolded part. Actually, you could have done that before by clicking on the link I supplied.

Like I said in my first post, I didn't have to really post anything extra. McCain's own words speak for themselves. LOL.

independent_thinker2002 · 09-17-08, 09:49 PM

Quote:

Originally Posted by bhkad

Hot Air Blog Archive McCain’s attempt to fix Fannie Mae, Freddie Mac in 2005; Update: Obama can’t get AIG right

http://www.debatepolitics.com/us-ele...post1057734452

Did you just link the same link two posts in a row?

Let me know when you find a credible source.

Harshaw · 09-17-08, 09:51 PM

Quote:

Originally Posted by danarhea

It is true that I selectively quoted. That is because I wanted to see what the Bushneviks and the McCain supporters would say. You guys were true to form, and now I can post the entirety of what McCain said 10 months ago. Enjoy.

Read especially the bolded part. Actually, you could have done that before by clicking on the link I supplied.

I read it -- and not just because you posted it; I read it earlier today -- changes nothing about what I wrote above. In fact, it bolsters it, because it makes even clearer he's talking about two different things.