USA Today Basically Blames the Democrats for the Financial Situation
You know, when you’re reading a story or watching a movie, the author or writer normally puts the moral or lesson at the very end so the audience will more likely remember it. Well that is what USA Today seems to be doing with their front page story titled “How Congress set the stage for a fiscal meltdown.” While it puts blame on both sides of the aisle, it seems to heap some extra blame by leaving the readers with these final two paragraphs:
Rep. Barney Frank, then the ranking Democrat on financial services and now the chairman, says he and his colleagues were not soft on Fannie and Freddie. “Yes, they lobbied strongly, but I was one of the most successful ones in challenging them.”
Frank had no apologies. Rep. Artur Davis, D-Ala., by contrast, offered a rare Washington mea culpa: “Like a lot of my Democratic colleagues, I was too slow to appreciate the recklessness of Fannie and Freddie,” he said in a statement. “Frankly, I wish my Democratic colleagues would admit, when it comes to Fannie and Freddie, we were wrong.”
I don’t know, maybe it’s just me, but by a Democrat admit they were wrong about Fannie and Freddie seems to set a pretty strong “moral” for the story: Democrats are to blame for this financial mess.
