{"id":3009,"date":"2008-10-11T08:04:57","date_gmt":"2008-10-11T12:04:57","guid":{"rendered":"https:\/\/www.orthodoxytoday.org\/blog\/?p=3009"},"modified":"2008-10-11T19:09:43","modified_gmt":"2008-10-11T23:09:43","slug":"mccain-letter-demanded-2006-action-on-fannie-and-freddie","status":"publish","type":"post","link":"https:\/\/www.orthodoxytoday.org\/blog\/2008\/10\/mccain-letter-demanded-2006-action-on-fannie-and-freddie\/","title":{"rendered":"McCain Letter Demanded 2006 Action on Fannie and Freddie"},"content":{"rendered":"<p><a href=\"http:\/\/www.humanevents.com\/article.php?id=28973\">Human Events<\/a> | Oct. 10, 2008<\/p>\n<p>Sen. John McCain&#8217;s 2006 demand for regulatory action on Fannie Mae and Freddie Mac could have prevented current financial crisis, as HUMAN EVENTS learned from the letter shown in full text below.<\/p>\n<p>McCain&#8217;s letter &#8212; signed by nineteen other senators &#8212; said that it was &#8220;&#8230;vitally important that Congress take the necessary steps to ensure that [Fannie Mae and Freddie Mac]&#8230;operate in a safe and sound manner.[and]..More importantly, Congress must ensure that the American taxpayer is protected in the event that either&#8230;should fail.&#8221; <!--more--><\/p>\n<p>Sen. Obama did not sign the letter, nor did any other Democrat.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/humanevents.com\/images\/letter_050506c.gif\" alt=\"McCain Letter 2006 Fannie Freddie\" \/><\/p>\n<p>. . . <a href=\"http:\/\/www.humanevents.com\/article.php?id=28973\">more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Human Events | Oct. 10, 2008 Sen. John McCain&#8217;s 2006 demand for regulatory action on Fannie Mae and Freddie Mac could have prevented current financial crisis, as HUMAN EVENTS learned from the letter shown in full text below. McCain&#8217;s letter &#8212; signed by nineteen other senators &#8212; said that it was &#8220;&#8230;vitally important that Congress &#8230; <a title=\"McCain Letter Demanded 2006 Action on Fannie and Freddie\" class=\"read-more\" href=\"https:\/\/www.orthodoxytoday.org\/blog\/2008\/10\/mccain-letter-demanded-2006-action-on-fannie-and-freddie\/\" aria-label=\"Read more about McCain Letter Demanded 2006 Action on Fannie and Freddie\">Read more<\/a><\/p>\n","protected":false},"author":497,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"generate_page_header":"","footnotes":""},"categories":[67,18],"tags":[],"class_list":["post-3009","post","type-post","status-publish","format-standard","hentry","category-conservatives","category-politics"],"_links":{"self":[{"href":"https:\/\/www.orthodoxytoday.org\/blog\/wp-json\/wp\/v2\/posts\/3009","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.orthodoxytoday.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.orthodoxytoday.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.orthodoxytoday.org\/blog\/wp-json\/wp\/v2\/users\/497"}],"replies":[{"embeddable":true,"href":"https:\/\/www.orthodoxytoday.org\/blog\/wp-json\/wp\/v2\/comments?post=3009"}],"version-history":[{"count":0,"href":"https:\/\/www.orthodoxytoday.org\/blog\/wp-json\/wp\/v2\/posts\/3009\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.orthodoxytoday.org\/blog\/wp-json\/wp\/v2\/media?parent=3009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.orthodoxytoday.org\/blog\/wp-json\/wp\/v2\/categories?post=3009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.orthodoxytoday.org\/blog\/wp-json\/wp\/v2\/tags?post=3009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}