From David Frum's Diary on National Review Online (http://frum.nationalreview.com/) :
Script Please
Script for a McCain ad that should be running right now:
OPENING - Scan of Wall Street Journal article, "Critic of the Firms Sadly Says 'Told You.'
"Hello, my name is Peter Wallison. I served as the chief lawyer to President Ronald Reagan. For years, I've been warning that there was a big crisis coming in the mortgage market.
There weren't many people who wanted to listen - maybe because there were hundreds of millions of lobbying dollars on the other side. But there was always one person on my side - and yours. Senator John McCain.
"Senator McCain has been fighting this problem since 2002. In 2005, he sponsored legislation that could have prevented today's crisis.
"Unfortunately, Barack Obama was always on the wrong side. The lobbyists' side. Barack Obama took more money from Fannie Mae than almost anybody in the Senate. And he appointed the former head of Fannie Mae to run his vice presidential selection committee.
"John McCain was right and brave when everybody else was wrong and scared. He stood up for you - and against big money and cozy deals.
"He saw this crisis coming. He showed us how to stop out. Now he's the man to lead us out of it."
09/18 06:15 AM
***UPDATE***
I am watching McCain address this issue on a campaign stop in Wisconsin right now. He's putting out the information addressed in Frum's writings. He's also being very direct about the problem and calm - quite reassuring, in fact. This is good!
Thursday, September 18, 2008
1 Response to "Yeah, I'd Like To See This Ad, Too"
September 19, 2008 at 12:38 PM
It wasn't just the government forcing the poor financiers to do something. They were greedy bastards who saw a play for quick cash and the hell with the consequences. I don't believe they really believed the housing boom would go on forever. The were smug S.O.B.s
We're getting ripped off by the government and business.
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