{"id":2629,"date":"2008-04-02T13:35:07","date_gmt":"2008-04-02T21:35:07","guid":{"rendered":"http:\/\/lukeford.net\/blog\/?p=2629"},"modified":"2008-04-02T13:54:22","modified_gmt":"2008-04-02T21:54:22","slug":"democrats-vs-republicans-on-government-oversight-of-lending","status":"publish","type":"post","link":"https:\/\/lukeford.net\/blog\/?p=2629","title":{"rendered":"Democrats Vs. Republicans On Government Oversight Of Lending"},"content":{"rendered":"<p><a href=\"http:\/\/www.slate.com\/id\/2187773\/\">Mickey Kaus writes<\/a>:<\/p>\n<p>David Smith says scandal-scarred Fannie Mae and other &quot;government sponsored enterprises&quot; (GSEs)  have <a target=\"_blank\" href=\"http:\/\/affordablehousinginstitute.org\/blogs\/us\/2008\/03\/so-much-for-tighter-gse-regulation.html\">successfully dodged the threat of stronger government oversigh<\/a>t, thanks to the mortgage crisis&#8211;and the 2006 election. This appears to be a case where <strong>Republicans are more amenable to stricter regulation than Democrats<\/strong>:<\/p>\n<blockquote>\n<p>In political terms, <a target=\"_blank\" href=\"http:\/\/www.washingtonpost.com\/wp-dyn\/content\/article\/2005\/07\/26\/AR2005072602033.html\">Democrats are GSE supporters<\/a>, <a target=\"_blank\" href=\"http:\/\/www.affordablehousinginstitute.org\/blogs\/us\/2005\/07\/gse_regulation_1.html\">Republicans are GSE<\/a> <a target=\"_blank\" href=\"http:\/\/www.affordablehousinginstitute.org\/blogs\/us\/2006\/01\/gses_with_enemi.html\">skeptics<\/a>.   (<a target=\"_blank\" href=\"http:\/\/www.affordablehousinginstitute.org\/blogs\/us\/2004\/12\/heads_roll_at_f.html\">Departed former CEO<\/a> <a target=\"_blank\" href=\"http:\/\/www.affordablehousinginstitute.org\/blogs\/us\/2004\/12\/fannie_mae_did.html\">Franklin Raines<\/a> was <a target=\"_blank\" href=\"http:\/\/www.whitehouse.gov\/omb\/legislative\/testimony\/19970624-3280.html\">President Clinton&#8217;s OMB Director<\/a>)<\/p>\n<\/blockquote>\n<p>You have to click on <a target=\"_blank\" href=\"http:\/\/affordablehousinginstitute.org\/blogs\/us\/2005\/05\/gses_how_to_reg.html\">Smith&#8217;s links<\/a> to find out what the regulation (which he supported) would have entailed. Cheap visual devices are employed, as usual.<\/p>\n<p><!--adsense--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mickey Kaus writes: David Smith says scandal-scarred Fannie Mae and other &quot;government sponsored enterprises&quot; (GSEs) have successfully dodged the threat of stronger government oversight, thanks to the mortgage crisis&#8211;and the 2006 election. This appears to be a case where Republicans &hellip; <a href=\"https:\/\/lukeford.net\/blog\/?p=2629\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[160,24],"tags":[2088,3643,3638,3640,3637,3639,3641,3642,29883,3646,3636,3645,1486,3644],"class_list":["post-2629","post","type-post","status-publish","format-standard","hentry","category-mickey-kaus","category-politics","tag-ceo","tag-david-smith","tag-democrats-vs-republicans","tag-fannie-mae","tag-franklin-raines","tag-government-oversight","tag-government-sponsored-enterprises","tag-gses","tag-mickey-kaus","tag-mortgage","tag-omb-director","tag-president-clinton","tag-scandal","tag-skeptics"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" content=\"Mickey Kaus writes: David Smith says scandal-scarred Fannie Mae and other &quot;government sponsored enterprises&quot; (GSEs) have successfully dodged the threat of stronger government oversight, thanks to the mortgage crisis--and the 2006 election. 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