The Townhall Fannie/Freddie questioner swings back at McCain

I listened to that response by McCain and it was pretty condescending. Who was John McCain to assume that this man didn't know about Fannie and Freddie? I think McCain is living in another time.

I wondered about that remark. He seemed to just assume that he knew more. McCain is out of touch with people. He sure doesn't know what he is talking about.

I hoped that would come back to bite him on his sorry ass. Not only was it condescending to Oliver, it was to everyone. Does he think all Americans live in the same fog his supporters live in?

McCain didn't say that to Oliver. He said it to Alan.

What McCain said was you probably never heard of Freddie and Fannie before the finanacial crises. He was saying that most Americanns paid for their homes. These Americans were not part of a scam.

Fannie and Freddie gave loans to people who had no means of paying back the money. That was not a good idea and it is nice of McCain to assume that most of us were not part of that.

What did you think of McCain referring to Obama as "That one?" Some people are up in arms about it.

I felt sorry for McCain - he appeared very lame - sorry to say but I'm being honest. He had nothing to say of substance. I was embarrassed for him. Vote for Obama. Salud

That needs to be sent to the news outlets if it hasnt already! Sad when a politician thinks they are the only ones with knowledge of American and foreign affairs.

I am not in McCain's head. I take his words at face value. In particular when it is a pattern. Clearly, this gentleman thinks McCain was either assuming he was young, therefore naive or he was black therefore ignorant. The latter is worse but the former is not that good either.

Regarding the "That One," I thought it was condescending until I was told OLD people say that. People around my age +/- 15 certainly do not say "That ONE." They don't refer to people as objects unless you want to be mean because they deserve it.

Bryan, you can count on Keith Olberman. He will be with this one tomorrow. I've got this from Polico and NBC's the Fix.

The fact is, McCain has established a pattern as you said Jared. Even if he means no harm, we won't give him the benefit of the doubt because he is Ok with his running mate and surrogates promoting hate.

So, if McCain has a slip of tongue, nobody, at least from the other side, will excuse him. It's like lying on the stand. You lose your credibility and your entire testimony, the truth and lies, are out.

That's where McCain is. He has lost credibility. He might as well be 100% bigot and liar than wishy washy.

I thought he was himself. Unpresidential. So is his "sidekick" Caribou Barbie.

I tell myself -- that I can't believe that this is the BEST the republican party can find, digging down in their barrel of peeps. This is The BEST?

Then I think: after 8 years of Dubya (for WHATever reason) OF COURSE, they now figure they can put a dunce on the white house stool, and he can be the parrot of what big business and the political-military-profiteer think tank wants him to spew.

They think they can just drop cue cards on him (them) and tell them to memorize 25 "catchy phrases" and the Mongers will just stay back here, almost invisible, playing behind the screens with the world's economy.

Of COURSE they can think that.

THAT ONE? HIM?

Oh, you must mean our next president? Yeah! That's him...The smart one!

Blessed be Jared. Interesting article.
Wilka

I think the fact that he was at the debate show that the guy has more than a passing interest in the question he asked.

Exactly Wilma. That trumps all his education. Being there. Being invited there should I say.

Wilka, the Republican Party doesn't go for their best; they go with the easiest to control. The last three Republicans to win or steal the White House (Reagan, Bush & Bush) didn't have a working brain cell between them but were willing puppets for the Project for the New American Century.

The project with wars, deficits, and foreclosure...

You mean he planned this mess?

Lea, it isn't a he, it's a they. The plan is for a few people to have all the money and control the world.

Lea, it isn't a he, it's a they. The plan is for a few people to have all the money and control the world. That first link is to a Wikipedia page. Here's the official site.

Sandy, I think all 3 of them had a functioning autonomic nervous system. :)

Really, Nippy? Even Reagan?

Way to go, Oliver! Too bad McCain will never see his reply because as you say, Jared, he does not know how to use a computer.

I'm pretty sure I saw him breathe once or twice.

I recall that when McCain said it I thought "Why would he assume that the guy might not have heard about Freddie and Fannie? The guy just asked him a pertinent question, he was selected because he was an undediced voter, Fannie and Freddie have been all over the news for at least two years (not to mention long before that). So why on earth would he think that the guy may not have heard of Freddie or Fannie?"

I never answered that question in my mind as I listened to the rest of the debate. Seemed quite condecending to me at the time.

David, who knows what the hell is going through the head of THAT senator from Arizona? Once thing we know is that he is establishing a pattern of condescending remarks the last month. Couple that with what's going on in his VP rallies and you have a case. Does not mean guilty, but certainly a case here.

How many times are they going to come up with excuses?

Uh, would one have to be rather isolated these days to have not heard about Fannie or Freddie?

McCain is an ass.

Do you think it's fair to say that McCain doesn't have Oliver's vote?

I got offended by McCain saying that, myself.

I hadn't thought too much on that particular response. I was more floored about his nonsense idea he immediately brought up and then found out it was going to costs us even more in our tax dollars and oops it was supposed to say that all along.

Elitist!

Obama was an Elitist Celebrity and now he is a Shady Terrorist loving anti american Muslim???

"""Fannie and Freddie gave loans to people who had no means of paying back the money. That was not a good idea and it is nice of McCain to assume that most of us were not part of that."""
Mary Ann S., Oct 9, 2008, 9:25pm EDT


Seriously Mary Ann? Wow..... Fannie Mae was established in 1938 by the Government in the wake of the Great Depression. Freddie Mac was established in 1970, also by the Government, and was established to provide competition to Fannie Mae in the secondary mortgage market.

In 1999, Fannie Mae came under intense pressure from the Clinton administration to ease its credit requirements on mortgages it is willing to purchase in order to encourage lenders to extend more mortgages to borrowers with low to moderate income and improve rates of home ownership among those groups. Shareholders also pressured Fannie Mae to purchase mortgages below its conventional credit standards in order to maintain its record profits.

In 2000, due to a re-assessment of the housing market by HUD, anti-predatory lending rules were put into place that disallowed risky, high-cost loans from being credited toward affordable housing goals. In 2004, these rules were dropped and high-risk loans were again counted toward affordable housing goals.

Since Fannie has been around for 70 years and Freddie for 38, it is quite an insult that McCain assumes Americans have never heard of them.

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