Word: mae
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Dates: during 2000-2009
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...updated version of the book from one year to three months. It will come out in December. "As the due date got closer, it became clearer to the publisher they wanted to get it out faster," says Robin, who was working on the rewrite when the Fannie Mae bailout hit. As for Robins' muse: "I'm slightly mystical and believe the universe asked me to do this to be ready," she says...
...piece on how Washington failed us: I'm neither Republican nor Democrat, and I am disgusted with both [Oct. 13]. Both presidential candidates want to blame Wall Street, and there is surely some merit to that. But the heart of the problem rests with Freddie Mac and Fannie Mae, two quasi-government corporations. Despite several attempts by legislators to call attention to the impending crisis, others preached the soundness of these institutions. This is not a failure of the free-market system; it is the failure of big government and its manipulations. Jim Vance, Birmingham...
...hands with Childers at the Mathiston diner. Blackburn voted for Bush twice--and would a third time if he could. He believes that all news stations are biased except Fox, which is where he says he learned that the Clinton Administration created the current economic meltdown by coddling Fannie Mae and Freddie Mac. "I believe in God, I believe in the war in Iraq, and I don't have a lot of use for Nancy Pelosi," he says. "But Travis, well, I think he's his own man. He's a Democrat...
...affect average people who were hurting: if companies couldn't get credit from the banks, they couldn't make their payrolls and would have to start laying people off. McCain, by contrast, demonstrated why it's so hard for Senators to succeed as presidential candidates: he talked about Fannie Mae and Freddie Mac and the sins of Obama, and never brought the argument home...
...piece on how Washington failed us: I'm neither Republican nor Democrat, and I am disgusted with both [Oct. 13]. Both presidential candidates want to blame Wall Street, and there is surely some merit to that. But the heart of the problem rests with Freddie Mac and Fannie Mae, two quasi-government corporations. Despite several attempts by legislators to call attention to the impending crisis, lawmakers like Senator Christopher Dodd - the No. 1 recipient of campaign contributions from Fannie and Freddie - preached the soundness of these institutions. This is not a failure of the free-market system...