What if Republicans Caused the Credit Crisis?

This is a great piece examining the media bias as it relates to the credit crisis.

Isn't there a story here?  Doesn't journalism require that you who produce our daily paper tell the truth about who brought us to a position where the only way to keep confidence in our economy was a $700 billion bailout?  Aren't you supposed to follow the money and see which politicians were benefiting personally from the deregulation of mortgage lending?

I have no doubt that if these facts had pointed to the Republican Party or to John McCain as the guilty parties, you would be treating it as a vast scandal.  "Housing-gate," no doubt.  Or "Fannie-gate."

Instead, it was Senator Christopher Dodd and Congressman Barney Frank, both Democrats, who denied that there were any problems, who refused Bush administration requests to set up a regulatory agency to watch over Fannie Mae and Freddie Mac, and who were still pushing for these agencies to go even further in promoting sub-prime mortgage loans almost up to the minute they failed.

It's been amazing how remarkably incurious the press has been about Freddie Mae and Freddie Mac.

Pelosi's quote alone, No witch hunts, should perked up a ton of ears. It was a tell that this is a democrat problem.

When we add on top of this, Mahoney (D-FL), who sits in the same seat occupied by Mark Foley, who now has multiple mistresses (Foley had none), has redirected campaign funds to pay off those mistresses (against federal law) and is now under FBI investigation and the press barely bats an eye, the bias is apparent.

Mark Foley was the poster child of Republican incompetence in 2006. And the press hammered it as a way to make sure that Democrats took over that cycle.

This year, Democrats have killed the entire economy with faulty economic policy; have sex scandals coming out their ass, and have a senator (Schumer) who apparently put Indymac out of business at the behest of democrat special interest groups.

Where is the press? Worshipping their new overlord. Willingly fulfilling Orwell.