France

July 16, 2008 - 10:53am

Bunning takes on past contributor over mortgage bill: 'I thought I woke up in France'

U.S. Sen. Jim Bunning: Getty Images PhotoU.S. Sen. Jim Bunning: Getty Images PhotoDuring a Senate Banking committee meeting, U.S. Sen. Jim Bunning (R-Southgate) upped the ante in his opposition to legislation that would give the federal Treasury the ability to invest directly into mortgage lenders Fannie Mae and Freddie Mac - institutions that previously supported Bunning's campaigns.

"When I picked up my newspaper yesterday, I thought I woke up in France. But, no, it turned out it was socialism here in the United States and very -- going well," said Bunning of the legislation, according to a Washington Post report.

The newest plan to help the two mortgage companies is supported by President Bush and has a chief proponent in Treasury Secretary Henry Paulson.

The legislation would remove caps on how much the Treasury could lend to the two companies. The Treasury would also be allowed to purchase equities in the firms.

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May 12, 2008 - 9:39am

McConnell: 'Democratic agenda is to turn us into France'

U.S. Sen. Mitch McConnell: Getty Images PhotoU.S. Sen. Mitch McConnell: Getty Images PhotoU.S. Sen. Mitch McConnell (R-Louisville) recognizes that in this election year, Americans want change, but, according to an interview with The Washington Times, the Senate Minority Leader is afraid of the change promised by Democratic frontrunner Sen. Barack Obama.

The Times quotes the Kentucky Republican on the possibility of a Democrat in the White House: "It's pretty clear to me that the Democratic agenda is to turn us into France."

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