Video: We were wrong says Democratic Congressman Davis of Alabama

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Thank you Congressman Davis for stepping up and admitting you were wrong.  Some honesty goes a long way to calming the anger many Americans feel.  Both sides need to admit their error and their hardheadedness.  Republicans were wrong about not regulating the financial institutions more and the Democrats for not regulating Fannie Mae and Freddie Mac more.  More of them should swallow their pride, admit their error and then work to fix it at the root of the problem.Pelosi was wrong to declare that Democrats had no responsibility in this mess....clearly they did, but so did the Republicans.
Oct
2008

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Thank you Congressman Davis for stepping up and admitting you were wrong.  Some honesty goes a long way to calming the anger many Americans feel.  Both sides need to admit their error and their hardheadedness.  Republicans were wrong about not regulating the financial institutions more and the Democrats for not regulating Fannie Mae and Freddie Mac more.  More of them should swallow their pride, admit their error and then work to fix it at the root of the problem. Pelosi was wrong to declare that Democrats had no responsibility in this mess….clearly they did, but so did the Republicans. Posted in economy, Politics, video Tagged: bailout, Barney Frank, Congressman Davis admits he was wrong, Congressman Davis of Alabama, Democrat Congressman Davis, Democrats fought Fannie Freddie regulation, economy, Fannie Mae, Fannie Mae & Freddie Mac, Freddie Mac, Maxine Waters, new bailout plan, Politics, senate to vote for new bailout plan, Senate to vote on bailout, video
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