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President Obama: The YouTube Interview

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Olsonist2/01/2010 9:57:23 pm PST

re: #318 rwmofo

OK, but I was telling the truth about my two mortgages referenced above. But the only reason they were so low under Clinton is because Newt was the Speaker of the House and he insisted on fiscal responsibility. I miss Newt.

I didn’t say you weren’t. Mortgages vary. But those were the national averages for Freddie Mac.

Nope, Newt was not the Secretary of the Treasury nor was he on the Federal Reserve Board. Newt was exceptional in creating a winning strategy for breaking the long running Democratic hold on the House. But once in power, he really didn’t accomplish much. The government shutdown was a self serving failure. The people did *not* rally to his side. He was reprimanded by his own House. Basically he was a failure at governance.