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Shocking Video Unearthed Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis

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Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis.At a 2004 hearing see Democrat after Democrat covering up and attacking the regulations to protect Fannie Mae and Freddie Mac (their Cash Cows) that are now destroying our economy because the Democrats let them cheat.

Channel: News & Politics
Uploaded: November 30, 1999 at 12:00 am
Author: NakedEmperorNews

Length: 08:37
Rating: 4.54
Views: 2936378

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Video Comments

getplaning (November 30, 1999 at 12:00 am)
President Bush appointed or retained every financial regulator in charge of overseeing the GSEs, banks, and the securities markets since 2001, long before subprime mortgage usage began to explode. Republicans have controlled both houses of Congress charged with oversight of financial regulators during nearly every year of this period. The GSE regulators of the Office of Federal Housing Enterprise Oversight and the Department of Housing and Urban Development were appointed by President Bush.
phoenixbornagain (November 30, 1999 at 12:00 am)
Facts are kind of wasted (like a liberal life is in general) on panther9mm.If it did not come on a small slip of paper called talking points from the demons at the DMC, he cant grasp it.We should level him and rebuild a new person in the spot he once took up
phoenixbornagain (November 30, 1999 at 12:00 am)
Wishing something so only because you want it to be only works in Disney movies. The liberal dems are and have always been the party of misuse. As this video shows they are blind bus drivers and it seems only their passengers are blind as well
CaptainAhab789 (November 30, 1999 at 12:00 am)
I do agree that the comment about apes is not justified. Democrats are not less than human. But it has nothing to do with race, or old stereotypes.
koolala (November 30, 1999 at 12:00 am)
democrats/republicans = two sides of the same anti-working class coin.
tennwiskey (November 30, 1999 at 12:00 am)
1977 Community Reinvestment act signed into law by Democratic Preisdent Jimmy Carter, after being approved by Congress, a Democrat congress.Fannie Mae and Freddie Mac were created by Democrats, run by Democrats, lobbied on behalf of by Democrats, protected by Democrats and ultimately destroyed by Democrats. George W. Bush called for reform of FM&FM 17 different times. I repeat, 17 different times.
Silicondoc (November 30, 1999 at 12:00 am)
Ok, criminal skumbag lying cheats and crooks will do. Communistic idiots. Democrat lunatic fools who did the bidding of marzists and destroyed the US economy as no other corporation or entity ever has. Absolute RETARDS - master criminals. Corrupt power, pocket lining, stealing, cheating, viral spreading leeching liars. There we go, there's the "non hurtful" comments that barely scratch the surface while being 100% correct. This is COMMUNISM people - the government RUNNING IT. Now we PAY $.
panther9mm (November 30, 1999 at 12:00 am)
WASHINGTON The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed. It ignored remarkably prescient warnings that foretold the financial meltdown, according to an Associated Press review of regulatory documents.See it is Bush!
Silicondoc (November 30, 1999 at 12:00 am)
They're robbing everything blind from the top just like the CEO's and corps the dems claim they hate - well yes they probably do hate them, and when they run them, they become a parody of what they shriek and yell others do - it is clear though, the democrats communist machine is the very WORST of all corporations - and they have slain the economy with their illegal, lying, massive pocket lining cheatery. Congratulations dems, you have destroyed capitalism as Karl Marx directed you to.
phoenixbornagain (November 30, 1999 at 12:00 am)
1- Clinton signed into law less restrictions on lending 2 - barney frank (gay) put his lover buddy hole in charge of acquiring sub prime loans for the undeserving (barneys gay lover now since the collapse has had to move on to the only area of employment that in the privet sector he is qualified for which is selling pottery) 3 - Obama's group acorn put a national effort into signing up the undeserving for massive home loans to manufacture a problem for election time.

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