CSPAN VIDEO: Unearthed Democrats in their own words, covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis.
We got the fox in the hen house folks.
THE REALITY OF THE NAME OF GOD
1 year ago
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This video is from a 2004 Congressional hearing. Tell me what's wrong with this picture?
These Democrats have planned for failure and now being given charge over the whole shebang.
Do take the time to listen to these bozos in their own words - then turn on your TV and witness what they are saying this moment in time.
This CSPAN is historic and ought to be watched and shared because no media had rather look the other way.
The problem started back in the late 1990's when Mr. Clinton pushed to loosen lending practices, allowing "every family to realize the American dream of home ownership", which laid the groundwork for loan approvals to wholly unqualified borrowers to purchases grossly overpriced properties. Don't even get me started on the practice of using over-inflated home 'equity' as a piggy bank.
Rant over . . . welcome to reality. There'll be no quick fix for this one, we'll be paying for years.
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