Informed Citizens Make Better Voters

Informed citizens make better voters. Uninformed citizens will get the government that they deserve. There is no free lunch.

More citizens should take the time to do their own research. It's easy. And you can find websites that are not biased in either direction . . . if you really want to. Here's one . . . .

Library of Congress www.thomas.gov

I have stated in an earlier post that Senator McCain attempted to push regulatory reform for Fannie Mae and Freddie Mac through Congress. As part of this effort, he warned that Fannie and Freddie posed a serious threat to our financial systems. But don't read about it here -- take the time to use the Library of Congress link and go read it for yourself. Become involved.

If you want to verify my claim, go to the LoC "Thomas" website.

In the section titled "Find More Legislation", click the link "Search Multiple, Previous Congresses"

When the new page is displayed, enter these search words, "GSE Freddie Mortgage".

To reduce the number of hits, make sure that the only box selected is the one to search the 109th congressional session. [x] 109 109th Congress

When you get the list of results, look for:
Federal Housing Enterprise Regulatory Reform Act of 2005 (Introduced in Senate)[S.190.IS]



If you continue to look, you will find additional proof that Republicans tried to push through regulation of Fannie and Freddie. Here are some hints.

2/29/2000
H.R.3703 Sponsor: Rep Baker, Richard H.

7/31/2003
S.1508 Sponsor: Sen Hagel, Chuck [NE] Title: A bill to address regulation of secondary mortgage market enterprises, and for other purposes. TITLE I--REFORM OF REGULATION OF FANNIE MAE AND FREDDIE MACRelated Bills: S.1656

[109th Congress]
**HOUSE**Federal Housing Finance Reform Act of 2005 (Introduced in House)[H.R.1461.IH ]H.R.1461 Title: To reform the regulation of certain housing-related Government-sponsored enterprises, and for other purposes. House Sponsor: Rep Baker, Richard H. [LA-6] (introduced 4/5/2005) Cosponsors (19) Related Bills: H.RES.509 Latest Major Action: 10/31/2005 Referred to Senate committee. Status: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

**SENATE**Federal Housing Enterprise Regulatory Reform Act of 2005 (Introduced in Senate)[S.190.IS]