Bill Clinton stars in the newest McCain-Palin ad “Rein”:
Just last week Bill Clinton blamed Congressional Democrats for blocking reform of the mortgage giants Fannie Mae and Freddie Mac, via Patriot Room:
Going very much against the media meme that the current financial crisis is all George W. Bush and the Republicans’ fault, Bill Clinton on Thursday told ABC’s Chris Cuomo that Democrats for years have been “resisting any efforts by Republicans in the Congress or by me when I was President to put some standards and tighten up a little on Fannie Mae and Freddie Mac”
Advertisement - story continues below
Meanwhile, Barack Obama advisor Franklin Raines is back in the news as Fannie Mae and Freddie Mac are facing a federal grand jury investigation into their accounting practices.