Will this hurt or help either candidate?

[Fashion Lad!]

Hey Fashion Lad, I'd like to see exactly what those 17 Bills contained. Quite often, though they may sound great when you just brush over them, some of the details are completely crock!

It's all the small print that makes the difference... and what makes them get held up or thrown out. Easier to reject it now, and have it go through modified, than pass it now, and have it altered later.

I definitely agree that a lot has to do with the fine print. At the same time though, a lot also had to do with Obama and friends getting their pockets lined by the lobbyists for Freddie Mac and Fannie Mae.

...Sen. Richard Shelby led a small group of legislators favoring reform, including fellow Republican Sens. John Sununu, Chuck Hagel and Elizabeth Dole. Meanwhile, Dodd -- who along with Democratic Sens. John Kerry, Barack Obama and Hillary Clinton were the top four recipients of Fannie and Freddie campaign contributions from 1988 to 2008 -- actively opposed such measures and further weakened existing regulation.

Full Article

The administration not only identified the problem, it also recommended a solution. In June 2004, then-Deputy Treasury Secretary Samuel Bodman said: "We do not have a world-class system of supervision of the housing government-sponsored enterprises (GSEs), even though the importance of the housing financial system that the GSEs serve demands the best in supervision."

Listen, if someone were to present to me a problem that could crash the economic system of the United States, and severly impair the economic system of the rest of the world, I would work with the fine print and try to make something work.

Of course, if I were an unethical person who was getting a bunch of money from these companies that were going to go through new regulations, I would probably reject anything in their favor and kill it before it goes to the floor.

I won't place the blame squarely on the Democrats; but, I'd say it's like 95% Democrats fault.