Featured Article  Shays answers (some) questions on economy
Share this Content  Congressman Christopher Shays joined us by
phone today...as we're almost done with our series of
conversations with congressional candidates.   He was to have
been in studio, but had a financial services committee meeting
to attend at 10 a.m., so he joined us by phone.    We spent most
of the time talking about the economy, the bailout bill, and
what congress should (or shouldn't) have known about risky Wall
Street practices.  Shays placed the blame on Fannie Mae and
Freddie Mac, much as he did during our Fairfield University
debate.    My recurring question to the Congressman centered on
what the Republican congress should have done to avert the
crisis ahead of time.  That's not just Fannie and Freddie, but
hedge funds, credit default swaps, Bear Stearns, Alan Greenspan,
etc.  My repeated questioning drew this response from
listener Ruth Stearns Pass of  Canton:   "I was disappointed by
your interview with Christopher Shays. Let