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Originally Posted by dalakhani
Saying democrats killed this regualtion bill is like saying Bush is killing the bill to drill coming up here. The devil is in the details and you are too dumb and uninformed to know the difference.
Most democrats didnt like your bill because it was too light in regulation. Why dont you have someone read it to you?
Most republicans dont like the current drilling bill because it doesnt really allow companies to drill within fifty miles of the coasts...where all the oil is.
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http://query.nytimes.com/gst/fullpag...gewanted=print
New York Times 9/11/2003
''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.''
Representative Melvin L. Watt, Democrat of North Carolina, agreed.
''I don't see much other than a shell game going on here, moving something from one agency to another and in the process weakening the bargaining power of poorer families and their ability to get affordable housing,'' Mr. Watt said.
