Obama tries to turn a bad day for America into a good day for him

This post was initially written yesterday as I watched the coverage of the 500 point fall of the DOW, but really beefed out after I heard what Obama wanted to weave it into. Shiplap, over at NovaTownhall.com beat me to the punch on this one, but we appear to have both seized upon the actual situation. http://novatownhall.com/2008/09/16/should-we-have-listened-then/#comment-10761

That somehow, somewhere, Obama wanted to emphasize that McCain didn't know how to deal with these losses. Well, here , in McCain's own words, as he addressed the Senate back in May of 2006, is the proof that Johnny was on the Spot even back then. And that Obama didn't listen to the man, and voted the Federal Housing Enterprise Regulatory Reform Act of 2005 into a sudden DEATH.

http://www.govtrack.us/congress/record.xpd?id=109-s20060525-16&bill=s109-190#sMonofilemx003Ammx002Fmmx002Fmmx002Fmhomemx002Fmgovtrackmx002Fmdatamx002Fmusmx002Fm109mx002Fmcrmx002Fms20060525-16.xmlElementm0m0m0m

John McCain warned on that date.... "If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole."

Sorry, Obama...you are Johnny-come-lately on this endeavor.

Update: Sorry guys...it's worse than we thought. http://virginiavirtucon.wordpress.com/2008/09/16/investigate-jamie-gorelick-now-urge-obama-to-return-fannie-mae-donation/