Sunday, October 05, 2008

Thursday talk radio update

Since school started, I rarely hear Bill O'Reilly anymore. My first-year German class falls smack dab in the middle of his radio show. Too bad, in a way, because O'Reilly really has been the only national talk show host we can hear in this area who seems to make a genuine effort to be fair to Obama. The rest are totally in the tank.

But I did hear him last week vowing to take Barney Frank apart on TV for Frank's role in the failure of Freddie Mac and Fannie Mae. I thought: not likely. Frank is every bit as tough and smart as O'Reilly, and he is far better versed on the issues.

I missed the show, but thanks to the miracle of You Tube, you can see it here, if you have the stomach for it. O'Reilly is at his blustering worst; Frank doesn't give an inch and uses, you know, actual facts in his response.

The unfortunate part is that we never do find out why Frank thought in July that Freddie Mac and Fannie Mae would be OK. I'll bet he had an answer for that, too, but O'Reilly lacked the presence of mind to ask him.

1 comment:

Chuck Rightmire said...

Let's face it, Fannie Mae and Freddie Mac are just being used as red herrings for the Wall Street collapse. First they have less than 2 per cent of the mortgages in today's market, I understand, and second they were carrying out their mandates of trying to keep the mortgage markets stabilized and functioning despite what the banks were doing.