The Bush Admin and Senator McCain warned repeatedly about Fanny Mae and Freddy Mac and what thus became the 2008 financial crisis — starting in 2002 (and actually even earlier — in the Clinton and Carter White Houses. Democrats resisted and kept to their party line, extending loans to people who couldn’t afford them — just like you would expect of socialists. See our web site for more. — www.ProudToBeCanadian.ca http — www.proudtobecanadian.ca
Video Rating: 4 / 5
FOX is one of the best editors of news I have ever witnessed. A clip here, a clip there, and they can tell whatever story they want . Isn’t it funny. The liberal and democratic leaders in goverment, forced Wall St., the banks, all those mortage companies to make loans to all the poor impoverished people of America, yet they can’t seem to make them open up lending to small bussineses and qualified borrowers today. Congress can’t even get decent regulatory reform passed.
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Dodd and Frank, both Dems who were on the payroll of Countrywide Mortgage Company kept the bad loans coming to win in 2008. They should be tried for treason… but the leftist propaganda keeps them on life support… And now Dodd talks about the new 2500 page Bill the Socialist Dems have created saying “We’ll see how it works when we have the next crisis.” WHAT? The Dems and their regime have bankrupted America and created the Great Recession. Bring the grownups back in November, Vote for Reps!
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Just like how the media was claiming the econmy was sooooo bad under bush when unemployment was about 4.5%!!!!!!! Well hows this hope and change working for ya now?
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Liberalism really is a mental disorder!
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@brk49er Kinda makes one wonder if democrats are all on the same meds?
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obama still blames bush and does so more than any president blames a previous admin. the thing is that that people dont want to see the truth and just are hyped over the first non white president, but what has he doen other than to divide the nation near the levels of the civil war.
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It’s Ws fault libtards are delusional. AL Gore is so worried we are going to sink into the ocean, that he just bought a 9 million dollar mansion on the beach next door to Dennis Miller- in CALIFORNIA. AGW hoax deniers kinda missed that, huh? lol If the rising tide doesn’t sink the spooky dumbass, an earthquake will BOO! idiots 1/2 the houses in CA are rentals anyway The other half are all underwater. It’s W’s fault lol
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Barney Franks, the slurring idiot, screws the economy up with much assistance from Chuck Schumer and Chris Dodd who openly holds sweetheart mortgages from freddie or fannie with creeps like Bennett from Utah; actually asked the Fannie or Freddie CEO if that moron thought they needed regulation. That’s like asking a wolf if it needs more sheepdogs.
Brilliant. So brilliant they make him the finance committee chair.
It’s putting a drunk at the wheel of a truck full of nitro.
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@dukhuuk Barney Frank just needs to retire into the obscurity an absolute idiot like him deserves.
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@truthinstyle amen… When evil men run the government , all people suffer and moan.
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@brk49er The Dems don’t read Bills they are going to vote on, they don’t listen to news, they also can’t seem to read laws that states such as Arizona have yet make decision after decision that effects every American. I guess they just need their own sweet (under the counter and corrupt) deal and they are good to go. Dems can’t be trusted! November is coming!
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Got to show this to some of my Libtard friends ROFL
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@dukhuuk dont think for a minute democrats care how much video truth there is. They stick to the propaganda and deny it until it becomes the truth. O’Reilly would play this clip and Barney Frank would deny it, over and over after he played the tape over and over. Its insanity, never admit to anything stick to the story line. Evil snakes.
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@binkathy Absolutely!
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@dukhuuk Amen!
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The most accurate coverage of the Fanni Freddie ever done. Bush Called them out and the democrats Swept it under the carpet again.
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Pretty difficult to make a case for revisionism when we can all see the videos. Barney Frank should keep his mouth shut – for quite a variety of reasons.
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Think maybe if the slanted MSM had picked up this story, we’d be in less of a mess now?
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And somehow all the Demotards still blame Bush for our economy and not themselves!!!! Must be a bunch of potheads since they have no short term memory and live in a fictions world where they do no wrong.
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The loans that were made by banks and lenders were GUARANTEED by Freddie and Fannie. That was the problem. And most donations from Freddie and Fannie went to ACORN! Crony pseudo corporations are evil.
Just read the article in the New York Times (September 30, 1999) which proves the real revisionists want us to forget how Clinton, the Dems, ACORN, Barney/Dodd are at fault for the recession.
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Fox and Shrub putting the cart before the horse.The housing markets went south first taking Fannie and Freddie with them.
Alan Greenspan?The guy who said “markets always get it right”?Yeah sure if you overlook that little thing called the Great Depression caused by unregulated market capitalism.Maybe he should have been looking to Wall Street when he opened his mouth about Fannie and Freddie.
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The federal government doesn’t bail them out? Then why are the taxpayers on the hook for all this bull****?
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November can turn this Communist/Socialist regime out! Vote GOP and Conservative. It will stop this crisis and destruction of America!
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@MattyJames25 Nice try matty, research the CRA u brainwashed fool, carter, clinton expanded, well before bush… CHANGED THE LAW, allowing banker greed to even come into play. WITHOUT the DNC changing the law, brokers & bankers would not have been allowed to push through the bad loans. NOW go back to your “journalists” at NBC, CBS, ABC, PBS & NPR. You fell for the blanket propaganda campaign; the attempted discrediting of THE 1 NETWORK, FNC, that doesn’t always tow the DNC line! UR a sad fool.
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@islandmuffin Is this part of the recent Fin. “reform” bill passed by the senate last friday?? You got to be kidding me?? I am a woman, while I am Labeled a minority, I don’t feel like one, and don’t want ANYTHING special b/c of my race!
I have worked hard my entire life to be where am at! Bought many homes in the past, due to my Good Job and Credit…..Being responsible pays off!
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