--- title: "Meaning & Key Takeaway of: I think that the responsibility that the…" description: "\"I think that the responsibility that the Democrats had may rest more in resisting any efforts by Republicans in the Congress, or by me when I was Presi..." image: "https://sms4smile.com/quotes/i/dd3/william-j-clinton-302_congress_i-think-that-the-responsibility-that-the_1730449.jpg" --- # I think that the responsibility that the Democrats had may… ![“I think that the responsibility that the Democrats had 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.” quote by William J. Clinton](https://sms4smile.com/quotes/i/dd3/william-j-clinton-302_congress_i-think-that-the-responsibility-that-the_1730449.jpg) [Download](https://sms4smile.com/quotes/i/dd3/william-j-clinton-302_congress_i-think-that-the-responsibility-that-the_1730449.jpg) [Open image](https://sms4smile.com/quotes/i/dd3/william-j-clinton-302_congress_i-think-that-the-responsibility-that-the_1730449.jpg) > “I think that the responsibility that the Democrats had 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.” [William J. Clinton](https://sms4smile.com/quotes/author/william-j-clinton/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Clinton argues that Democrats should focus on resisting Republican attempts to relax regulations on government-sponsored enterprises like Fannie Mae and Freddie Mac. **In simple terms:** Democrats should oppose loosening rules on mortgage giants. Key Takeaway Push for stronger oversight of mortgage lenders. Themes politics regulation housing partisanship Mood cautious determined Type political policy When to use this quote - legislative debates - policy advocacy - financial sector oversight Key Concepts government policy financial stability public accountability Questions to Reflect On - How can parties balance oversight with market flexibility? - What mechanisms ensure effective regulation? A Different Perspective Regulatory changes may face strong industry lobbying and political gridlock. ★ ★ ★ ★ ★ No ratings yet [Congress](https://sms4smile.com/quotes/about/congress/) [Democracy](https://sms4smile.com/quotes/about/democracy/) [Democrat](https://sms4smile.com/quotes/about/democrat/) [Effort](https://sms4smile.com/quotes/about/effort/) [Efforts Republicans](https://sms4smile.com/quotes/about/efforts-republicans-1426171/) [Littles](https://sms4smile.com/quotes/about/littles/) [Macs](https://sms4smile.com/quotes/about/macs/) [Mae](https://sms4smile.com/quotes/about/mae/) [May](https://sms4smile.com/quotes/about/may/) [President](https://sms4smile.com/quotes/about/president/) [Republican](https://sms4smile.com/quotes/about/republican/) [Resisting](https://sms4smile.com/quotes/about/resisting/) [Resisting Efforts](https://sms4smile.com/quotes/about/resisting-efforts-1426172/) [Responsibility](https://sms4smile.com/quotes/about/responsibility/) [Responsibility Democrats](https://sms4smile.com/quotes/about/responsibility-democrats-1426170/) [Standards](https://sms4smile.com/quotes/about/standards/) [Think Responsibility](https://sms4smile.com/quotes/about/think-responsibility-274985/) [Thinking](https://sms4smile.com/quotes/about/thinking/) ## Related quotes > [“House Minority Leader Nancy Pelosi of San Francisco pushed back forcefully Thursday against efforts by Republicans and some in her own party to rewrite…](https://sms4smile.com/quotes/anonymous/house-minority-leader-nancy-pelosi-of-san-francisco-pushed-back/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [RE: GSEs like Freddie Mac & Fannie Mae: "creditors will continue to underprice the risk-taking of these financial institutions, overfund them, and fail to…](https://sms4smile.com/quotes/gary-h-stern/re-gses-like-freddie-mac-fannie-mae-creditors-will-continue-to/) [Gary H. Stern](https://sms4smile.com/quotes/author/gary-h-stern/) > [We faced a crisis caused by the Federal Reserve, the corporate tax system, Fannie Mae and Freddie Mac, and the Community Reinvestment Act. But…](https://sms4smile.com/quotes/david-boaz/we-faced-a-crisis-caused-by-the-federal-reserve-the-corporate-tax/) [David Boaz](https://sms4smile.com/quotes/author/david-boaz/) > [One third of the $15 trillion of mortgages in existence in 2008 are owned, or securitized by Fannie Mae, Freddie Mac, Ginnie Mae, the…](https://sms4smile.com/quotes/walter-e-williams/one-third-of-the-15-trillion-of-mortgages-in-existence-in-2008-are/) [Walter E. 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The more people exaggerate these problems, the more…](https://sms4smile.com/quotes/barney-frank/these-two-entities-fannie-mae-and-freddie-mac-are-not-facing-any-kind/) [Barney Frank](https://sms4smile.com/quotes/author/barney-frank/) > [There was a young lady named Mae Who smoked without stopping all day; As pack followed pack, Her lungs first turned black, And eventually…](https://sms4smile.com/quotes/edward-gorey/there-was-a-young-lady-named-mae-who-smoked-without-stopping-all-day/) [Edward Gorey](https://sms4smile.com/quotes/author/edward-gorey/) > [Her nose wrinkle up cause now she got to remember to say she Mae Mobley Three, when her whole life she can remember, she…](https://sms4smile.com/quotes/kathryn-stockett/her-nose-wrinkle-up-cause-now-she-got-to-remember-to-say-she-mae/) [Kathryn Stockett](https://sms4smile.com/quotes/author/kathryn-stockett/) ## More by William J. Clinton > [When personal freedom's being abused, you have to move to limit it. 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