The Housing and Financial Crisis???

Who's to blame for the Fannie Mae, Freddie Mac problems and subsequent banking crisis?


I was SHOCKED by this video.

YouTube Link

What do you think?











[edit on 27-10-2008 by Clearskies]

[edit on 27-10-2008 by Clearskies]

Did you notice how Maxine Waters and Barney Frank said THERE WAS ABSOLUTELY no problem with Fannie Mae, et al?
I'm glad at least SOME people tried to stop it!

reply to post by Clearskies

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This summer I was pleased with Barney Frank in his efforts to legalize the herb but alas he can go blow it out his ass. Clearly he's been getting a lot of "pork."
Hell, the man IS a pork-barrel.

reply to post by Moonsouljah

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Worse than that. He has been accused of molestation before!
Almost no one is lower than a pedophile!

Au contraire- those who are lower than a pedophile is the kid the pedophile is on top of.
Seriously though, yeah they're the worst. I never heard that about him.

I can't believe the incompetence in the democratic party!
Not that it's not there in the republicrats!

yall think this is Illuminati workin

reply to post by BANNED_4_LIFE_FROM_GLP

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I don't know HOW they figure into it, but, SURELY SOMEONE saw this coming who could've done something and DIDN'T!!!
HOW do you practice to be so incompetent?

More and more the financial bailout is looking like what I feared it was in the first place, one last shot at the piggy bank before the shift changes.