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President Clinton Admits Democrats Caused Mortage Mess
A new minute-long McCain commercial features the former president asserting that congressional Democrats could have done more to regulate the nation's major mortgage financiers.
In a clip taken from a Sept. 25 interview on ABC's "Good Morning America," Clinton says: "I think the responsibility that the Democrats have may rest more in resisting any efforts by Republicans in the Congress, or by me when I was president, to put some standards and tighten up a little on Fannie Mae and Freddie Mac."
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