Fannie Mae/Freddie Mac - Robber Baron's at Work: Michael Savage

[bweazel]

7:09 Wrong. The death of capitalism happened when these frauds for institutions were thrown at the American people. Capitalism ended in the 20s. Hasn't been back since.

[bweazel]

Nationalizing a social program. Bwahahahah. Oh the irony.

[cyberage100]

I liked Savage untill he ran down OWS! There's no ndifference in on puppet or another! Davage you stink!!!

[bellcord]

This horseshit artist Savage doesn't know his ass from a hot rock.....and his on home, like most, is held by Fannie Mae...

[VeritasAmantesVocat]

Poor savage is so close, right under his nose yet he wont see it.

Micheal, They didnt Stop the Robber Barons, they just let you believe you stopped them. instead they went underground so you cant see them. Now they OWN the government, that is why you get the same thing no matter who you vote for.

[MilesMuhldoon]

you can Blane that Creep at the controls by the name of Barney Frank for this mess...and as usual the Left will blame Bush, the Left can never take Responsibility for all its Own, all they can ever do is Pass the Blame.

[plusaf]

Barons?

[7514328]

I was smart enough to sell my house when homes were over inflated. Made $320,000 in 6 years. Immediately rolled it into another house that is now paid off. Nothing beats being a home owner. However, I feel for those who fell prey to all those crooked loan officers, speculators and beaurocrats who saw this coming and never raised the red flag. All for a greedy commision. This is terrorism. Similiar to NAZI Germany. The Government will bail YOU out by building more prisons with what they stole.

[7514328]

This is just the beginning. This new administration will now go after those who succeeded and make them pay for all the HOMELESS, DRUG ADDICTS, SLACKERS, WELFARE RECIPIENTS, ILLEGAL ALIENS, CRIMINALS AND PEDOPHILES IN CONGRESS. Think about those veterans who will be coming back to the United States with nothing since this administration conspired from the get go to ensure they got nothing. Yep. This is your government and they don't give a shit. Traitors

[Jcolinsol]

Oh shut up with your execrable platitudes. Christ.

[7514328]

Jcolinsol: I can tell that this corrupt and fixed economy has taken you to the cleaners. Your tax dollars will be needed to fund future waste, fraud and ponzi schemes. I retired and own my own property and home. Up yours.

[Jcolinsol]

You are clearly laboring under a flawed theory of mind, which is exactly what I should expect from someone displaying such emotional insecurity.

[7514328]

I want to see the complete economic collapse in the U.S. Now that my financial future is set I will continue to work on my lawsuits against U.S companies whose primary goal is money. Thats my goal too. To get as much money out of them like they do to me. Let the games continue.

[Jcolinsol]

Hopefully the collapse of the U.S. economy will destabilize the state to the point that it will lose much of the power that it has taken.

As long as people have the rationality to see that the state is not a solution to economic problems, and indeed the cause of economic instability, the state will recede.

This cannot be accomplished by alienating people with hostile rhetoric, which was my point from the beginning.

[greyantelope]

The Democratic manipulation of Fannie Mae was an exercise in backdoor Marxism; 'each according to his need'. They charged banks to ignore an individuals credit history in granting loans and named four agencies to monitor each bank's activities to ensure that they were following that edict, but never directed any agency to monitor its effect on the lenders. OBAMA has already stated that he will implement the other half of Marx's slogan,'Each according to his ability to contribute'.

[bjjhater]

i'm sorry jpd129 but we called and emailed and guess what they spit in our eye and said you don't really know what is going on and we do so i'll do what's good for me and the fat cat's on walstreet and the hard working tax payers be damned

[1CountryIndivisible]

Stupid. Learn how to read.

[hurchel]

Damn straights..

[jpd129]

Fight the Bail out they are lying to you! CALL CONGRESS tell them to vote no or you will vote them out of office!

[SaintErnesto]

I wish Barack Obama was like Che Guevara !

One of the world's greatest heroes.

[bob4this]

Now that the collapse has occurred, the reform roadblock built by Senate Democrats in 2005 is unforgivable.

We now know that many of the senators who protected Fannie and Freddie, including Barack Obama, Hillary Clinton and Christopher Dodd, have received mind-boggling levels of financial support from them over the years.

[OmarThePug]

Looks like that Michael Wiener guys does have an ounce or reality left in him. Too bad he's been shilling for the right who has spent the last 7 years killing Muslims to have had a foothold on where our economy is going.

[reeblite]

morgan stanley posted a 71% profit and has a huge cash reserve. It goes to show that management is to blame. I have no mercy for these wirehouses. Let them burn! Our treasury head is the former CEO of Goldman Sacs. ASSHOLE> so is the governor of New Jersey, but HE's a smart man, and knows it's the lack of regulation that created this crisis. Should have been fixed after the Savings and Loans debacle. Screw the lobbyists- we tax payers should demand the money.

[Csmithereens]

Constitution Party, Chuck Baldwin for president. Vote outside of the matrix.

[americanillusionist]

morgan stanley was one of the last banks to survive. am i the only one who realizes that jp morgan founded that organization and also, jp morgan founded the "federal reserve"?!

[venicechik]

Republicans are communists, opposed anything social, don't want to pay taxes. All your dumb left wing B.S. lies it's not about left or right, republican or democrat it's about America. Republicans are not Americans they are communists. Kill the Republican ideology it counterproductive to being American.

[ldmass175]

You forgot to mention all the corrupt democrats. Yes there are corrupt republicans too but the majority are democrats.

Check out the Top 10 Most corrupt politicians List.

6 out of 10 are Democrats.

3 are Republicans.

Hilliary is #1.

Obama is #8.

Since the Democrats have controlled senate the economy tanked. Look it up.

[reeblite]

you're soo wrong. when Clinton left office there was half a billion surplus first time in fifty years. He created more jobs, reduced welfare, reduced crime by hiring more police officers.

[Audacious128]

Hope to see the blame put on the correct people. Didn't George W try to do something about this several years ago? Wouldn't it be racist redlining to tell these companies not to give loans to people that can't repay them? None of these people who made millions are Bushes friends. They are however Barak Hussien Obama's friends. WHo after all ended up with campaign contributions from these companies? That would be Barak. McCain is not Bush. I wish he was.

[jbranstetter04]

Yes George Bush and John McCain tried to do something about Fannie Mae and Freddie Mac in 05, but the Democrats blocked it, I wonder why? If you go back to the video there is a link in the video info area that shows what Senate Bill John McCain sponsored and the Democrats killed in the Senate. Obama will not remember any of this because he was most likely to busy getting ready to run for President.

[George6736]

Freddie Mac and Fannie Mae were bailed out by the republicans.

If these institutions were allowed to fail, as failing and corrupt businesses are supposed to do, then the housing market would have slumped even further and regular american families that have been saving for years would have been able to buy new homes at pennies on the dollar.

That money alone, would have bolstered the economy right out of the recession and possible looming depression.

Bailouts are bad for the economy

[cliffhanger42]

they were bailed out by both partys and started by Clinton democrats..I'm kinda disappointed that they didn't let it die..I never agreed with it.I bought a house i should have never been allowed to purchase w/o money down..

[bmwstox]

It's so fun to RAPE the US taxpayer, they just added 50% to YOUR national debt. Now we are at $15 Trillion! lol. Bush/Cheney destroyed the USA, they will go down in history as the biggest war criminals & profiteers a few steps under the nazis.

[nits56]

paulson worked for goldman sachs .GOLDMAN SACHS owns a share of the fed as does lehman bros. the fed bailing out it self WAKE UP

educate the people a round you

[prepare2008]

amazing! who is this guy??

[jbranstetter04]

Micheal Savage. He does a three hour talk radio show starting at 3:00pm Monday through Friday. Some will try to discredit him by quoting him out of context or when he occasionally goes overboard with a comment just to drive the point home. Other than that, if a person listens to his show for a week and doesn't agree with at least 90% of what he is saying then you must be a liberal and you should seek medical attention for your disease before it spreads and ends up destroying our country.

[seajayh]

jb, u and your fellow fascist neoconservatives traitor friends have already destroyed our country, there's nothing left, 4 more years of mcsame will guarantee this depression lasts a long time. And this mike is confused, bashes bush/mcsame, calls them "socialist" but supports him & votes for him. Dumbass.

McSame Pain 08

[imitator777]

good video

[3swelldogs3]

this whole thing was bad from the get go...this is why it happened to begin with