Change? Democrats out!

Professor Avillo says "change the failed leadership in Washington". I agree. Get rid of Pelosi and the Democrats who have controlled Congress the last two years. They promised to control gas prices. Did they? In 2005 Congress held hearings on Fannie Mae and Freddie Mac. Democrats praised and defended Frank Raines' leadership of Fannie. Raines made $90 million in his six years at Fannie. He also was responsible for widespread corruption (Enron anyone?) so he could make big bonuses. He made it easy for those with poor credit or high ratios to obtain mortgages. Raines also used his influence with other financial institutions, i.e.Bear Stearns, to follow suit. When gas prices rose precipitously because Democrats opposed drilling for oil, these home owners could not afford both and lost their homes. Republicans in the hearing warned that Fanine and Freddie were in trouble. The Bush administration and John McCain proposed corrective legislation. But the Democrats ignored because they were being paid off by Raines and his cronies. Obama received over $125,000. I am a victim of Democrat incompetence and greed. I lost my job. Professor Avillo, offer root causes, not Republican-bashing talking points. You expect more from your students. Change? Yes! Democrats out!

David M. Krebs
York