harveyc

Mitchel, I agree that people are responsible for getting into bad loans, but many people are not educated enough to make good financial decisions. If prices had not run up to ridiculous levels, there would have been less risk for everyone. We like to accuse oil companies of being greedy but when we see the prices of our homes appreciate to ridiculous levels, most of us think it is okay. I think it is bad for the entire country. Do I think house prices should be regulated? Probably not, with these clowns we have writing our laws!!!

You like to say that McCain has his hand in the cookie jar and I believe that's an unfair and inaccurate statement. He previously supported eliminating the Enron loophole and now he is accused of something because of things his campaign managers have done. In this video, it is quietly (without emphasis) mentioned that Obama also has a campaign advisor that has lobbied for the petroleum industry but that Obama voted for the Farm Bill. Is that supposed to be good??? It is implied that McCain is bad because he voted against a Farm Bill that included a provision to eliminate the Enron loophole. The Farm Bill contained $10-$20 billion in wasteful spending and not a dime was being used to undo the unrelated Enron loophole. If congress really wanted to undue the Enron loophole, why didn't they do it as a stand-alone bill? Or why not part of the Energy Bill passed last year that has banned the use of incandescent light bulbs (forcing us to use hazardous CFL bulbs)?

The report stinks of media bias and does not give a true picture of all of the facts.

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