This video has many lies & inconsistencies that I posted a response video where I dissected it. I provided the actual articles AND relevant facts. If you want to remain ignorant, don't research & assume what you see on youtube are facts. However, if you want to know the truth about ANYTHING, learn ECONOMICS. The mortgage "crisis" did not cause the US economic "crisis"; it is the lack of worlwide spending on US goods, possibly because of inflation due to accelerated increases in oil prices.
Gramm-Leach-Bliley act - Lobbied for - passed by - signed by -William Jefferson Clinton 9/1999 w 77.3% Democrat support (198 out of 256 Democrat Yes! votes) = Glass-Steagall repealed by Dems
Demorats were 100% FOR deregulation & FOUGHT straight party line to ** PREVENT ** regulation on Derivitives
u dont have a clue about Glass-Steagall what says, what it does, how it works.. nor have u taken the time 2 find out
Your speculation = the mortgage / credit crisis was caused by a Forex trade is remarkably ignorant.. as not 1 person in either party has even insinuated such a thing
tinyurl -DOT - com/nv2k5m
I want at least 2yrs w Pres Obama & a solidly Dem Senate so we can get the fed govt back in the mortgage business-BFrank
If they tried to BAN this video why is it still on Youtube? Stop making crap up!
Go read your history books on the 1929 crash and stop listening to Rush Limbaugh's version of *reality*. Must we always blame a single party? The co-minging of commercial paper with speculative gambling is what caused this crisis. We learned that the hard way in the 1929 crash...but then forgot it. Financial lobbyist outnumber congress 6:1.
The housing bubble has virtually NOTHING to do w 1929 G.D. Were bank runs a central feature of this crisis? No. A destruction of the housing market '29? No. Its a nonsensical comparison
2 -When u represent the party of Welfare, SS, Medicare, Medicaid, Section 8, Foodstamps, HUD, FHA, the Fed, Fannie, Freddie, ACCESS, HEAP, Nationalized HC, Securitization, Mortgage Backed Securities, & YES "AFFORDABLE HOUSING" - U dont get to blame ur oponents when YOUR housing scheme blows a hole in the econ
You're missing the point due to rampant hate of the other side. There is plenty of blame for both sides. The loss of separation of commercial paper from leveraged speculation is at the heart of the matter. Both Clinton and Bush saw a liberalization of banking laws during their tenure. Forget the democrat's programs and look at how the structure of banking changed and the agregation of banking increased since the early 60's. And while you're at it...stop HATING so much. It's not healthy.
Making ME & my imagined motives the focus isn't an argument.
Its obfuscation.
Is the prosecutor in a trial guilty of "hate", & the murder w blood on his hands & 1000 witnesses a "victim"?
Claiming that "everyone" is guilty (w.o.presenting a single shred of evidence to support the ridiculous claim btw) is nothing more than a semantic trick. If "everyone" is guilty - than no one is responsible
I can see where that might appeal to YOU & YOUR investment in socialism, but its NOT truth
Bush - who I am NOT a fan of - did NOT deregulate, "liberalize the banking laws" (Provide the law, act, statute, policy if u make this claim), or change the "structure of banking"
He may have given a speech & tried 2 claim credit 4 increase in minority home ownership - as his predecesor did w balancing the budget, but W took no material act or action
W failed 2 repeal Dem "affordable housing" 4 the very same reasons u cant repeal SS, Medicare, or welfare ($107Tn+ unfunded liabilities)
That these 20th century Fabian Socialist shams r insolvent, corrupt, destructive & FATAL bigger-than-Madoff-Ponzi-Schemes, (asked if his policies were destructive in the long run, JM Keynes stated "In the long run, we're all dead), they're popular w the recipients & politically IMPOSSIBLE to end (& W *DID* try... as opposed 2 Dems who perjured themselves)
Thats the beauty of Pyramid scheme, Get in early,get $ (homes ppl cant afford + EZ $ homeflippers & WS) .&Victims =children=cant vote
@mredstriumph- Poor hedge fund investors, thought they were making risk free profits (arbitrage) at the expense of third world currencies and they got screwed instead, let me get my violin.
The people who believe in the Bom are nothing but sheep. Open your eyes! He using you to futher his own meglomaniacal socialist progressive agenda. He wants us all to be at his mercy. If you can't see that, God help us. The conitions were in are similar to the conditions of Germany when Hitler was coming to power.
It was the derivatives market market that caused the problem as I understand it. It encouraged banks to loan money to people they shouldn't and then they would bet against the loans on Wall Street. Getting rid of Fannie Mea and Freddie doesn't fix the problem.
. Listen to the the Young Turks show. They have bunch of youtubes. Search it.
Yes, predatory. They would make loans to people that couldn't afford them, report them as earning more than they really did to qualify them for loans they couldn't handle.
.
The loaner makes his money and then bundles several thousand loans together, sells them on Wall Street and no longer has any liability for those loans.
.
Then they would turn around and bet against those loans on Wall Street and make money again.
A process known as "securitization", invented by Jimmy Carter & the US Dept of Housing & Urban Development in February 1970
tinyurl -DOT - com/yhqnzco
WSJ - "2/3 of ALL bad mortgages were bought by govt agencies or required by government regulations"
tinyurl -DOT - com/ylcxb4n
NYT 9/29/09 "Under increasing pressure by Clinton Admin.. Dept Housing Urban Dev propose by 2K1, 50% Fannie/Fred portfolio=loans 2 low-mod-income borrowers"
@EscambiaDemocrats You've got it partially right. Now add the fact that commercial paper was owned by the same banks. This was the *huge* mistake in banking deregulation. The two must be kept separate. We learned that in 1929 and then forgot it. Don't you just love lobbyists and politicians who don't read history books?
w5cdt - The merger of deposit & non-deposit financial institutions didnt CAUSE the collapse, nor would FDIC Insurance & deposit requirements have prevented it (both - G-S Act)
Even IF the DEMOCRAT Gramm-Leach-Bliley Act - lobbied for & signed by Bill Clinton w ** 77.3% ** Democrat support (198 out of 256 Democrat YES votes) contributed to "Too big2fail" - It only begs the question -
What CAUSED these institutions to fail?
Nor does '99 GLB act exp the inflation of housing bubble in '96
The "derivitives market" used the unlimited resources of government to bring $1.1 BILLION DOLLAR lawsuits against banks to force them to reduce lending standards?
/watch?v=ivmL-lXNy64
"Derivitives Markets" perjured themselves to PREVENT & stop regulation when the problem was known?
/watch?v=_MGT_cSi7Rs
/watch?v=cMnSp4qEXNM
Wonder what the "Young Turds" have to say about that.. oh that's right.. somehow this CSPAN footage never comes up.. cuz.. u know.. CSPAN is biased.. not the YTurds
Good thing getting rid of Fannie wont help bc Dems are at it again..
Qoute: "I want at least two years with President Obama and a solidly Democratic Senate so that we can get the federal government back in the housing business" - 9/7/09 Barney Frank
Source:
tinyurl -DOT - com/nv2k5m
tinyurl -DOT - com/5esw3p
tinyurl -DOT - com/yhnyvyf
tinyurl -DOT - com/ydmfgkq
Note: 2008 appears to be trending better in the bar graph UNTIL u look at the VOLUME (#) of mort's
Thx for posting this. I worked mortgage while I was in college when this ball started rolling. Most dems do not or can not understand. They just blindly follow and say it's Bushes fault when, in actuality it was not. I was not a fan of Bush but he had nothing to do with this. The dems assume their followers will not do any research on the matter and they are correct. Everyone that blames Bush is looking foolish and the dems are taking advantage of that ignorance. Really sad actually.
@shananagans5 Bush had "nothing t0 do with this?" Lies. From a 2002 Bush speech:
Freddie Mae, Fannie Mae and Freddie Mac, I see the heads who are here; I want to thank you all for coming, have committed to provide more money for lenders. Theyve committed to help meet the shortage of capital available for minority buyers. Fannie Mae recently announced a $50 million program to develop 600 homes for the Cherokee Nation in Oklahoma. Franklin [Raines], I appreciate that commitment.
The bush administration attempted several times to stop the lending to unqualified buyers after it was clear it was a problem and that was long before the colapse. I don't know what they knew in 02 but they did try to stop it after 02 on multiple occasions.
Though I didn't vote for this Obama guy, I wish I saw this video b4 the election so that I could of shared it with my friends that voted for him. They now have voter remorse!!! Impeach Obama now!!!
Informative but I wouldn't use wikkipedia as a direct source for accurate information. Part of the economic crisis does have to do allot about high risk loans but that has more to do with greedy short sighted banks and mortgage companies than low income people. I know plenty of people who were advised by mortgage brokers to lie about there household income in order to qualify for a subprime loan. Many of these people were told it was legal for them to lie.
That was only part of the problem. The dems oversimplify it so they will not look bad. They started this ball rolling and refused to stop it. They will not admit to this because then the finger points at them. They count on their ignorant followers to not do any research.
Well some news --you need to do the math and add up all the goverment spending from Washington to the second bush and it still does not add up to what the new Congress and Obama has spent
This bold book is both pro-sex and pro-feminist. A critical and comprehensive examination of the misogyny and racism that are alive and well in porn and mainstream society, it nevertheless manages to celebrate sexuality. —Jessica Valenti, author of Full-Frontal Feminism
It's too bad many of you clinton & obamunists are in denial. However, the video shows who was REALLY responsible for our current economic crisis. DON'T BLAME BUSH'S ECONOMIC POLICIES!! It not only shows how ignorant you are, it also shows your insane hatred for a man that truly did one of the best jobs a President could do. That being, keeping us safe from another terrorist attack on our soil and keep the economy running strong! Bush will have a good legacy regardless, clinton & obama won't!
Exactly!!!! It sure is nice being protected from terrorists thanks to President Bush. In the next 4 years everyone will start appreciating the freedom they once had.
I will miss my $3000 child tax credit I get every year I file my taxes thanks to President Bush when Obama lets Bushes tax cuts expire. Wikipedia states President Bush has given the American People the biggest tax cuts in history. I will miss him greatly!! 090120 will be a sad day indeed!!!
Hate to tell you, the cause of this crisis is NOT Freddie, Fannie, the CRA, Obama, or Democrats. It's the whole corrupt structure of Wall Street, more of the pieces are coming out about this by the day.
The crisis has been coming on since the 1980s. If you want to read all the gory details, here's the best article I've seen yet: Google:
this is the largest crime committed in the course of history. the media, courts, police and all law enforcement will do NOTHING to help you. all the money they steal is unreported to the IRS and they continue to rip off anyone and everyone who is "subprime", that word is their way of suppressing the lower middle class... their is no justice from the scumbag con artist at the low end to the pillars of wall street, this country is not yours and never will be, it is BigBrother's -1984 24yrs late
DO NOT LET THIS VID DIE AFTER THE ELECTION. Democrats will be trying to blame Bush for years for this mess and it will essentially lead to one party Big Government rule.
A study out by UCLA this week made the conclusion that the big government principles of FDR EXTENDED the Great Depression by SEVEN years.
Hoover raising taxes/tariffs after the crash and bank runs collapsed the economy. Let's learn from history, so we can make this country great again.
I liked John McCain - When he WAS John McCain and before he made his Faustian pact with the religious same xeno-phobic religious-right that insists on keeping us in 1950. Maybe with a real leader like Obama in office we will finally see that "Multi-Cultural Diversity" and "Traditional Family Values" may just be the same thing. Those of you holding onto to "But I'm A Christian, so I have to vote Republican" I urge you to sit quietly for an hour a day and read the Gospel of Luke. Really read it.
And it's hard to run as someone who passes himself off as bipartisan with a voting record such as his. Obama is a liberal at best, a socialist more than likely. His role in trying to "reform" Chicago's education system with William Ayers revealed his Marxist views, which he also admits to in his books. It may be acceptable to have those views in college, but while running for president shows his true colors. I want no part of his "change" and neither should anyone else in this country!
How about this: Obama "If Pakistan is unwilling or unable to go after Osama Bin Laden, I will send forces in to get him" - hmmm unilateralism? "Either you are with us or against us? doesn't that sound like the BUSH DOCTRINE?
Obama sounds like another Republican president too... Herbert Hoover. Raise taxes and protectionism in a global recession. In less than 2 years after that FDR inherited an dying economy with 25% unemployment, lasting over 10 years. Thank God Rep's learn from mistakes.
Actually lindabee, you might consider that Obama is touting Herbert Hoover (Republican) tax policy and protectionism (hear his comments about China in the 3rd debate). Hoover plunged this country into the Depression.
Also has anyone noticed that his comments on taking out Bin Laden in Pakistan if "they are unwilling..." is straight from the Bush Doctrine?
htycvc: "'I am not George Bush, if you wanted to run against him you should have run for president four years ago.' I have been waiting for that all year."
At the same time, he's bragging that he voted with George Bush over 90% of the time. We have it on video.
That's politics. You have to vote with the party to stay in good graces. I'd be willing to bet that hussein voted with the democrats over 90% of the time too.
I think you're missing my point: It's pretty dishonest of McCain to distance himself from Bush when he voted with him over 90% of the time. (I'm challenging his inconsistency.)
At the same time, how many former supporters has Obama distanced himself from with no ill effect. But back to your point. Just because he voted with Bush doesn't mean Obama can say he IS Bush. Same fundamentals, but who can say McCain would act the same as Bush did when he's the boss. I like to attribute everything to sports so I'll compare this to an interim head coach. A head coach is often fired only to have his assistant take the job with the same coaching principles.
htycvc: "Just because he voted with Bush doesn't mean Obama can say he IS Bush."
Actually, at least one of his long-time colleagues said McCain's "going to be Bush on steroids." Sen. Domenici (R-New Mexico) has said he doesn't "want this guy anywhere near a trigger." Others, too, have said that McCain is temperamentally unfit to lead.
You can read a lot more by googling and reading "Make-Believe Maverick". You might want to know more about The Real McCain before you cast a vote.
Its all about your beliefs. Mine are somewhere between Republican and Libertarian so I have a candidate given to me since the Libertarians aren't a major party. All I can do is try and convince democrats and undecideds that democrats are wrong. This is capitalist society, not socialist. The American dream is that you can start with nothing and gain everything, and prosper from it. Not start from nothing, gain everything and then give 40% of it back to those with no ambition
hmon20002000: "Obama voted on party lines 96% of the time, to be exact... "
You still don't get it. Obama's not the one trying to distance himself from his party or their elected officials. McCain IS trying to distance himself from Bush and the GOP record, and we can all understand why.
That's hard to do, though, when his voting record is so ... Bush-like.
lindabee10 - "You still don't get it. Obama's not the one trying to distance himself from his party or their elected officials. McCain IS trying to distance himself from Bush and the GOP record, and we can all understand why."
Obama should be trying to distance himself from the Democratic Congress, considering their approval ratings. Pelosi and Reid are a complete disaster and will be even moreso if left unchecked (aka an Obama presidency). If they get a free pass on their agenda, watch out!
"In 2002, despite the accounting scandals at Enron, WorldCom and other major companies, Sen. Gramm objected to the Sarbanes-Oxley corporate reform bill designed to hold executives accountable for inaccuracies in financial reports.
"Now, the Gramm familys anti-regulatory agenda is returning via McCains presidential campaign."
An interesting article on Phil Gramm's major contribution to this mess, that's ever hardly mentioned at all:
Phil Gramm, as the Senate Banking Chair in the Clinton years, pushed deregulation big-time. The clincher was a provision he snuck into a reauthorization bill in 2000 -- the Commodity Futures Modernization Act. It fueled the Enron debacle (and others), and this meltdown. Google the whole story in the Texas Observer:
If the doors and windows are locked and you force your way in its still breaking an entry.
However,if its a life or death situation,lets say its winter and your car broke down close to a winter cabin in a storm,then it would not be considered a crime,even if there where a sign saying"Do not enter".
But I think you are missing the point.
Its a metaphor.
The point is...
Just blaming Bill Clinton is short sighted,it totally ignores the bigger picture and removes all others involved from blame.
Lobos222: "Just blaming Bill Clinton is short sighted, it totally ignores the bigger picture and removes all others involved from blame."
I think the GOP will keep blaming Clinton for everything bad until the end of his life. It's raining today? Clinton's fault.
They need to deflect the attention from the disastrous results of their own actions. In this case, their major deregulations push since they seized control of Congress in 1994, then got the White House and the judiciary.
Are you trying to say its lawful to take a car, IF its left running and its not occupied?
Depending on where you live one could say its irresponsible to do so, that it might have insurance consequences and letting it run for an hour in park isnt very environmentally friendly, but its still not your fault if it gets stolen.
You wont be breaking any laws because other people steal your car, even if you where "stupid" enough to leave it unlocked and running somewhere.
McCain should be running this on tv in every battleground state from now until 2012. And we all have to register as Republicans and start contributing and working just in case this a**hole gets elected, to ensure that Republicans take over Congress and Hussein is a lame duck for 4 years and then replaced by a good Republican.
htycvc: "McCain should be running this on tv in every battleground state from now until 2012."
He's not gonna touch it and you know why? Because he's up to his neck in this. A Republican, he has ALWAYS backed deregulation. One of his chief strategists (Phil "nation of whiners" Gramm) was a major deregulator during Clinton's terms. McCain has taken major campaign contributions from all the players. He has campaign staffers from Freddie/Fannie, including his current campaign manager.
Obama has some Freddie/Fannie people in the same positions. I guess what it comes down to is beliefs. Both men have done the same dirt, so it all comes down to what you believe. Which sucks because right now most of the people in my battleground state (Virginia) believe in Obama. I can't watch tv without switching channels when the commercials come on. I say lets get this election done now so we can either support or rally against our president.
This is all wrong..search William Seidman and watch 2 through 7 of the economic crisis and the candidates. It is a lecture format so it may be a bit boring it's not hyped up for the MTV attention span viewers, however, it is VERY informative and if you want facts watch it and ignore garbage like this clip. besides the music still sucks in this one.
This comment has received too many negative votesshow
It's politically expedient for the Republicans to blame everything at a point in time that coincides with a democrat's actions. Heck, we could blame this whole crisis on Adam and Eve, or even on the Jews who influenced Christianity to accept interest rates back then. Or even the Neolithic farmers for abandoning hut homes in favor of sturdy homes. Wall Street and the anti-regulation politicians are to blame.
Democrats gave us Fannie Mae and Freddie Mac. Democrats wished to increase home ownership to low to moderate income people by easing credit requirements for mortgages. Democrats resisted regulation to facilitate this goal. There's no coincidence, but rather a direct causal relationship. Now we're into bail outs and 'regulation', when what we really need is to get back to the basics which have served this country well: credit decisions based on objective financial criteria.
Republicans (and to a lesser degree Democrats) supported the removal of regulations put in place since the great depression that were a direct cause of the financial crisis. How are you going to put it on Democrats when it happened under Republicans?
As if anyone on the planet let alone the poor McCain campaign has the money to buy ten minutes of commercial air time during prime time hours... you sir are a genius.
Everything is over. The Fed is out of bread. The Congress is paid for by Corporations. The economy is in a tailspin. What do we have to look forward to? Saturday Night Live!
Re: McCain: "He's going to be Bush on steroids," says Johns, the retired brigadier general who has known McCain since their days at the National War College.
See October's Rolling Stone: "Make-Believe Maverick"
Barack Hussein was clearly the worst candidate of any party.
He would have ran on the Al-Qaida or Osama ticket if he thought it would get him the Presidency.
Everyone knew Obama would have literally DESTROYED AMERICA. Of course those supporting McCain clearly are patriotic. Every American will now sleep so much better knowing Barack Obama will NEVER become our president EVER!!!!
Nuganus - "This video helps to show who is undeserving to remain (or gain) political power due to their lack of coming together to solve the issue. That is the purpose of this video."
Lack of coming together to solve the issue? THEY CAUSED THE ISSUE! (And now they're pointing fingers at the Bush administration, as usual)
ignorent comment, you democrats keep acting like McCain is Bush, hes not, he has given plans on how to change the crap we are in now, just like obama. The Bush=McCain arguement is liberal desperation
shadaliciousbaby: "The Bush=McCain arguement is liberal desperation"
"He's going to be Bush on steroids," says Johns, the retired brigadier general who has known McCain since their days at the National War College. (And there's a lot more where this came from, in October's Rolling Stone.)
Hmmm, I was wrong. He's going to be worse than Bush. Yay.
As usual and as expected. The Demo-Libs never-mind the truth... They will never let the truth change their delusional minds... They will cut off their nose to spite their face and let the teat that feeds them go down the tubes in total destruction, then still won't admit they were the cause...
The donation numbers here are donations from EMPLOYEES, not the lobbyists or companies. I've never fully agreed with my bosses about politics, so I would resent having my donations count as theirs. Republicans are generally more swayed by PACs and Lobbyists. Democrats get more small worker donations, which are the numbers being portrayed here.
Nice try, but the Dems lost the house in 1995. How can you blame Clinton when the laws had to come from a Republican congress before he could sign them into law?
Sorry, not convinced at all. Plenty of blame to go around here, including the Republican congress and Republican President who had all 3 branches of government for 6 uninterrupted years.
Many republicans (not all, but many of them)were warning that closer regulations were required for these federally backed institutions or the ones that would end up paying the bill would be the tax payers. Don't just fall for the hype and do some reasearch. You will see some that warned of this and those that defended the actions should be remembered and removed from office.
Democrats sit around doing nothing with their hands out expecting everything to be given to them.... there's a reason people who couldn't afford housing didn't get it... they wouldn't pay for it!!!!
Not sure how true it all is, but well done. I do know that there is enough "blame" to go around to both Democrats and Republicans. What a major shame. We lose at home, and respect for us is down the tubes globally.
democrats suck so hard at life. They just sit around and soak up all of the Republicans' hard earned money and then complain when we get a bigger tax break. Money belongs to the people that earn it.
How, when such obvious examples of conflicts of interest occur, do people not go to jail. When you take money from someone for their direct support of legislation, that's called a bribe. It's ILLEGAL! Look up Duke Cunningham or Bob Ney - they both took money directly in exchange for legislation and both served jail time. How is this situation any different?
mhuppman72 - "I love how conservatives try to blame everything on the democrats, and how the more well off start crying when when the house of cards come crashing down on the mirage that is their lives that have been built on the backs of the less fortunate."
Barack Obama's candidacy, as it turns out, has been built on the backs of the less fortunate. Without Fannie Mae and Freddie Mac contributions, he would not have been elected in the Senate and would certainly not be where he is now.
This video contains blatant falsehoods in an attempt to scare everyone into thinking we'll be safer with John McCain. Google McCain lies about Raines.Not to mention McCain has ties to 19 Fannie Mae & Freddie Mac execs through his campaign.The truth hurts.I love how conservatives try to blame everything on the democrats, and how the more well off start crying when when the house of cards come crashing down on the mirage that is their lives that have been built on the backs of the less fortunate.
This video helps to show who is undeserving to remain (or gain) political power due to their lack of coming together to solve the issue. That is the purpose of this video.
James B. Lockhart, III, is the Director (CEO) and Chairman of the Oversight Board of the Federal Housing Finance Agency, regulator of Fannie Mae, Freddie Mac and the 12 Federal Home Loan Banks. He assumed that position with the signing of the Housing and Economic Recovery Act on July 30, 2008. He remains the Director of OFHEO, which is now part of FHFA. He was nominated by President Bush to that position and confirmed by the Senate in June 2006.
It's KEATING 5, as in 4 Democratic Senators (only one bascially 'acquited') and McCain (also basically 'acquited'). Another fun-fact is one of those Democratic Senators 'found guilty' was later promoted by Clinton to oversee mortgages. Smaaaart move.
TO ALL THE DEMOCRAT NAYSAYERS: This film is factually correct, even Alec Baldwin the loudest of all left leaning cheerleaders admitted as much on HBOs Real Time With Bill Marher this past Friday Oct.03,2008. Everything mentioned is true. You may not want to hear it because you have so much invested in your political pick in this election cycle but it is true. There is one thing everyone can do if they are intellectually honest with themselves: Look up the facts yourself & VOTE ALL OF THEM OUT!
Anyone noticed Univ of California donated $611,207 ?? Isn't that a state school? Isn't there a law against this? I needed to pause a lot of times to see the sources.
Google Obama Ayers Google Obama Khalid al-Mansour Google Obama Donald Warden Google Obama Mohammed Hasan Chandoo Google Obama Rezko Google Obama Saul Alinski Google Obama Wright Google Obama Khalidi Google Obama Malcolm X Google Obama Alwaleed bin Talal Google Obama Farrakhan Google Obama Woods Fund Google Obama Red Party Google Obama ACCORN
It's a shame "affordable homes" never came to be, cause of simple Economics. When you allow more people to have mortgages, you increase Demand on Supply, hence Price goes up. I'm sure when our Government was thinking "affordable", they were not thinking about $200K, $300K, or $400K homes, but $100K homes for low-income families. However, the Real Estate market would prefer higher prices for higher commissions. For everyone viewing this video, What price do you think is affordable for a home?
Frank, chairman of the House Financial Services Committee, rejected a Bush administration and Congressional Republican plan for regulating the mortgage industry in 2003, saying, "These two entities Fannie Mae and Freddie Mac are not facing any kind of financial crisis." According to a New York Times article, Frank added, "The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing."
Former Clinton administration budget adviser and current Obama housing adviser Franklin Raines perpetrated an Enron-like accounting scandal as chief executive officer of Fannie Mae, resulting in him receiving millions in compensation over a six-year period.
Raines and two other top Fannie Mae executives agreed to pay $24.7 million, including a $2 million fine, to settle a civil law suit filed in December 2006
Look, I'm totally on your side politically. And the video is great.
But you CAN'T USE OTHER PEOPLE'S WORK WITHOUT THEIR PERMISSION. Forget the legalities. It's unethical and immoral. I don't care how much you've been conditioned by the past few years of willy-nilly music on the Internet. Right and wrong are still right and wrong.
Also, "fair use" exists as a post-facto defense against a claim, not as a preemptive "doctrine."
liberals in congress are the worst in American history! The liberals started this crap and then stopped any regulations by republican's to tighten the rules! Nobody to blame here but the liberals!
dude, you need to look up the histroy here. You are 100% off. Reagan started deregulation, which precipitated the S&L crisis that Neil Bush was at the epicenter of (Silverado). The Republican Congress of 1994 continued the tradition, which Clinton signed because they were going to override his veto. Now the current moron and his Republican toadies excerbated it with further deregulation. It's all out there in the open, if you would choose to research it.
Brdskipper you need to actually read the documents presented here. It wasn't deregulation that caused it. It was 1) regulations from Clinton that required banks to loan money to those who couldn't afford it, and 2) the regulators in Congress were paid off by those they regulated into ignoring the corruption.
Deregulation works. Free markets and capitalism works. Government screwing with the markets NEVER works.
Now that Fannie Mae is at the epicenter of a financial meltdown that threatens the U.S. economy, some are raising new questions about Franks relationship with Herb Moses, who was Fannies assistant director for product initiatives. Moses worked at the government-sponsored enterprise from 1991 to 1998, while Frank was on the House Banking Committee, which had jurisdiction over Fannie.
The two lived together in a Washington home until they broke up in 1998, a few months after Moses quit FM
Phil Gramm, McCain's chief economic adviser until he said the economic recession was psychological and that Americans were whiners, is partly responsible for this crisis. All the deregulation he and other republicans, like John Mccain supported destabilized our economy. Nobel Prize winning economist Joseph Stiglitz has said this, among many others. Look up the Gramm-Leach-Bliley Act. Deregulation is what fucked our economy up, and McCain has long supported it.
Carter, Clinton and most of the lib senate are to blame! President Bush over 12 times tried to rain in Fannie Mae and Freddy Mac and Sen. McCain tried to tighten rules in 2005 and they were all rejected by the democrats! Now it's Bush's and McCain's fault! LMAO! Good try libs! LMAO!!!
Trying to rein in the FMs in 2006 was the exception to the rule. You can't accept that deregulation is whats to blame (as well as Alan Greenspan). Why do you think McCain has gone down 5 points in the polls and Obama has gone up 5 points since AIG/Lehman?
You forgot to mention phil gramm, bush admin,and yea mccain who has proudly boasted being in favor of dereg and wants even more this was a bipartisan effort, you also forgot to mention fractional reserve banking. those poor rich CEO's didn't see it coming. One Question:Why didn't the republicans do anything when they ran all 3 branches of govt? This was beneficial for both parties
People google "the money masters" video get the real reason why this happens unless you want to believe this BS
For starters, it claims that McCain sounded a warning about the mortgage crisis. He only attached his name to the bill after a report exposing Fannie Mae accounting fraud came out. And who sponsored the bill? Why, Sen. Chuck Hagel! See what he's had to say about the Republican ticket.
The reason that this piece isnt seen on any reputable network is because it is more right wing lies, falsehoods, half-truths and innuendo. Its totally unsubstantiated and a complete crock of shit.
Brdskipper: "The reason that this piece isnt seen on any reputable network is because it is more right wing lies, falsehoods, half-truths and innuendo. Its totally unsubstantiated and a complete crock of shit."
Major talk radio hosts have discussed this stuff quite a bit over the past few weeks. If it was all a big lie, the mainstream media would have been all over it and exposed it by now. That the media is ignoring it may just have something to do with them not being able to refute it.
Major talk show radio hosts??? Like Rush (throw all drug users in jail except me) Limbaugh or Sean (I yell and scream a lot, but won't listen to anyone else) Hannity or perhaps Michael Savage or Glenn Beck? Please spare me (and others). These folks are nothing but right wing shills and attack mongers... They are there for pure entertainment value, and have little to add to the discussion in terms of salient commentary.
WOW the feds have it all wrong they're going after the fat cats on wall street but thanks to your racist rants they can focus on the real culprits: the poor! Next time I see a homeless vet with the "work for food" sign I'll run him over or I could research this starting with google " the money masters" and see how the bankers have setup ALL americans for this fiasco and work from there. Nah I'll absorb this tripe it's easier and and less time consuming I like being ignorant and lazy I'm American
TheMouthPeace, would you please display the shots from the articles a little bit longer? My wife complained she cannot grasp the quotes, and it is hard for my quicker eye as well.
The Democrats have robed the poor to feed the rich for decades, all the while blaming the results of their sinister conspiracies on the Republicans. They are successful at this because of their integration of Communist mandates in US government policies. Kind of like the gangster who gives all the poor kids in a community tennis shoes, only latter employing the same kids as extortion enforcers that prey on that same community. Oh, and giving out more shoes to the next generation of kids.
This video has many lies & inconsistencies that I posted a response video where I dissected it. I provided the actual articles AND relevant facts. If you want to remain ignorant, don't research & assume what you see on youtube are facts. However, if you want to know the truth about ANYTHING, learn ECONOMICS. The mortgage "crisis" did not cause the US economic "crisis"; it is the lack of worlwide spending on US goods, possibly because of inflation due to accelerated increases in oil prices.
69erstud 1 year ago
The repeal of Glass-Steagall and the McFadden Act allowed these Shenanigans, so a piss off to the right-wing.
zukown 1 year ago
@zukown
Gramm-Leach-Bliley act - Lobbied for - passed by - signed by -William Jefferson Clinton 9/1999 w 77.3% Democrat support (198 out of 256 Democrat Yes! votes) = Glass-Steagall repealed by Dems
Demorats were 100% FOR deregulation & FOUGHT straight party line to ** PREVENT ** regulation on Derivitives
youtube:
/watch?v=_MGT_cSi7Rs
/watch?v=cMnSp4qEXNM
Fact: Obama sued 2 FORCE "predatory loans"
Buycks-Roberson v. Citibank
u cant change history.. so piss off left-winger
mredstriumph 1 year ago
@mredstriumph repubs 100% for dereg. by votes, dems not, mcFadden repealed by repubs,
Right wing is for rich selfish people, middle & lower class repubs vote against their own interests,
ad hominem bullshit your posts are, but at least you know something bout what you're talkin, your just wrong, and probably a mean person, no offense.
zukown 1 year ago
@zukown
Re: "ad hominem bullshit your posts are"
As amusing as the Yoda-esche sentence structure is, let me get past that & help you with the concept of "ad hominem"
An "ad hominem" occurs when u direct an argument against the PERSON, rather than addressing the ISSUE at hand
Example - "You can't believe Jack when he says God exists. He doesn't even have a job"
I've said NOTHING about you personally, & have ONLY addressed your argument. So no "ad hominem"
mredstriumph 1 year ago
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mredstriumph 1 year ago
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Re: "McFadden repealed by Repubs"
McFadden act (1929) - repealed by Riegle-Neal Interstate Banking & Branching Efficiency Act of 1994.
Wikipedia McFadden act, you'll see this is correct.
Riegle-Neal Act 94
Read: tinyurl -DOT - com/yldm9a9
- Bill Sponsor: DEMOCRAT Stephen Neal (NC)
- Votes: 53 DEMOCRAT 'YES!' votes (42 Repub) tinyurl -DOT - com/yhwl8mg
- Signed into law by WJ Clinton - DEMOCRAT - on 9/29/1994
D+D+D= DEMOCRATS repealed McFadden Act
mredstriumph 1 year ago
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@zukown
2nd, all ur doing is parroting a talking point
u dont have a clue about Glass-Steagall what says, what it does, how it works.. nor have u taken the time 2 find out
Your speculation = the mortgage / credit crisis was caused by a Forex trade is remarkably ignorant.. as not 1 person in either party has even insinuated such a thing
tinyurl -DOT - com/nv2k5m
I want at least 2yrs w Pres Obama & a solidly Dem Senate so we can get the fed govt back in the mortgage business-BFrank
mredstriumph 1 year ago
If they tried to BAN this video why is it still on Youtube? Stop making crap up!
Go read your history books on the 1929 crash and stop listening to Rush Limbaugh's version of *reality*. Must we always blame a single party? The co-minging of commercial paper with speculative gambling is what caused this crisis. We learned that the hard way in the 1929 crash...but then forgot it. Financial lobbyist outnumber congress 6:1.
w5cdt 1 year ago
The housing bubble has virtually NOTHING to do w 1929 G.D. Were bank runs a central feature of this crisis? No. A destruction of the housing market '29? No. Its a nonsensical comparison
2 -When u represent the party of Welfare, SS, Medicare, Medicaid, Section 8, Foodstamps, HUD, FHA, the Fed, Fannie, Freddie, ACCESS, HEAP, Nationalized HC, Securitization, Mortgage Backed Securities, & YES "AFFORDABLE HOUSING" - U dont get to blame ur oponents when YOUR housing scheme blows a hole in the econ
mredstriumph 1 year ago
You're missing the point due to rampant hate of the other side. There is plenty of blame for both sides. The loss of separation of commercial paper from leveraged speculation is at the heart of the matter. Both Clinton and Bush saw a liberalization of banking laws during their tenure. Forget the democrat's programs and look at how the structure of banking changed and the agregation of banking increased since the early 60's. And while you're at it...stop HATING so much. It's not healthy.
w5cdt 1 year ago
Making ME & my imagined motives the focus isn't an argument.
Its obfuscation.
Is the prosecutor in a trial guilty of "hate", & the murder w blood on his hands & 1000 witnesses a "victim"?
Claiming that "everyone" is guilty (w.o.presenting a single shred of evidence to support the ridiculous claim btw) is nothing more than a semantic trick. If "everyone" is guilty - than no one is responsible
I can see where that might appeal to YOU & YOUR investment in socialism, but its NOT truth
mredstriumph 1 year ago
Bush - who I am NOT a fan of - did NOT deregulate, "liberalize the banking laws" (Provide the law, act, statute, policy if u make this claim), or change the "structure of banking"
He may have given a speech & tried 2 claim credit 4 increase in minority home ownership - as his predecesor did w balancing the budget, but W took no material act or action
W failed 2 repeal Dem "affordable housing" 4 the very same reasons u cant repeal SS, Medicare, or welfare ($107Tn+ unfunded liabilities)
mredstriumph 1 year ago
That these 20th century Fabian Socialist shams r insolvent, corrupt, destructive & FATAL bigger-than-Madoff-Ponzi-Schemes, (asked if his policies were destructive in the long run, JM Keynes stated "In the long run, we're all dead), they're popular w the recipients & politically IMPOSSIBLE to end (& W *DID* try... as opposed 2 Dems who perjured themselves)
Thats the beauty of Pyramid scheme, Get in early,get $ (homes ppl cant afford + EZ $ homeflippers & WS) .&Victims =children=cant vote
mredstriumph 1 year ago
@mredstriumph- Poor hedge fund investors, thought they were making risk free profits (arbitrage) at the expense of third world currencies and they got screwed instead, let me get my violin.
zukown 1 year ago
The people who believe in the Bom are nothing but sheep. Open your eyes! He using you to futher his own meglomaniacal socialist progressive agenda. He wants us all to be at his mercy. If you can't see that, God help us. The conitions were in are similar to the conditions of Germany when Hitler was coming to power.
jtsct 2 years ago
It was the derivatives market market that caused the problem as I understand it. It encouraged banks to loan money to people they shouldn't and then they would bet against the loans on Wall Street. Getting rid of Fannie Mea and Freddie doesn't fix the problem.
. Listen to the the Young Turks show. They have bunch of youtubes. Search it.
EscambiaDemocrats 2 years ago
Actually it encouraged them to loan people amounts of money that they couldn't handle. Predatory lending.
EscambiaDemocrats 2 years ago
"Predatory lending"??
Please explain to me how a "predator" making ZERO DOWN loans to ppl who DONT MAKE THEIR PAYMENTS makes $?
Its almost as idiotic as claiming "deregulation" caused this
1 - Banks investing their ** OWN $ ** don't need "regulated" into NOT making bad loans
2/3 of ALL bad mortgages were bought by GOVT or req'd by GOVT regulation
tinyurl -DOT - com/ylcxb4n
2 - Fannie crashed&burned WORSE than anyone - & IT'S RUN BY CONGRESS! What's MORE "regulated" than that?
mredstriumph 1 year ago
Yes, predatory. They would make loans to people that couldn't afford them, report them as earning more than they really did to qualify them for loans they couldn't handle.
.
The loaner makes his money and then bundles several thousand loans together, sells them on Wall Street and no longer has any liability for those loans.
.
Then they would turn around and bet against those loans on Wall Street and make money again.
EscambiaDemocrats 1 year ago
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"The bank makes$,bundles loans ,sells them on WS"
A process known as "securitization", invented by Jimmy Carter & the US Dept of Housing & Urban Development in February 1970
tinyurl -DOT - com/yhqnzco
WSJ - "2/3 of ALL bad mortgages were bought by govt agencies or required by government regulations"
tinyurl -DOT - com/ylcxb4n
NYT 9/29/09 "Under increasing pressure by Clinton Admin.. Dept Housing Urban Dev propose by 2K1, 50% Fannie/Fred portfolio=loans 2 low-mod-income borrowers"
mredstriumph 1 year ago
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tinyurl -DOT - com/ye9tjst
mredstriumph 1 year ago
BIG OOPS!
The cited New York Times article is from 9/29/**1999** NOT 09
This is what was said AT THE TIME - BEFORE - the meltdown. Its not one party or the other claiming it afterwards
mredstriumph 1 year ago
@EscambiaDemocrats You've got it partially right. Now add the fact that commercial paper was owned by the same banks. This was the *huge* mistake in banking deregulation. The two must be kept separate. We learned that in 1929 and then forgot it. Don't you just love lobbyists and politicians who don't read history books?
w5cdt 1 year ago
Interesting. Never heard that mentioned before.
EscambiaDemocrats 1 year ago
w5cdt - The merger of deposit & non-deposit financial institutions didnt CAUSE the collapse, nor would FDIC Insurance & deposit requirements have prevented it (both - G-S Act)
Even IF the DEMOCRAT Gramm-Leach-Bliley Act - lobbied for & signed by Bill Clinton w ** 77.3% ** Democrat support (198 out of 256 Democrat YES votes) contributed to "Too big2fail" - It only begs the question -
What CAUSED these institutions to fail?
Nor does '99 GLB act exp the inflation of housing bubble in '96
mredstriumph 1 year ago
mredstriumph 1 year ago
The "derivitives market" used the unlimited resources of government to bring $1.1 BILLION DOLLAR lawsuits against banks to force them to reduce lending standards?
/watch?v=ivmL-lXNy64
"Derivitives Markets" perjured themselves to PREVENT & stop regulation when the problem was known?
/watch?v=_MGT_cSi7Rs
/watch?v=cMnSp4qEXNM
Wonder what the "Young Turds" have to say about that.. oh that's right.. somehow this CSPAN footage never comes up.. cuz.. u know.. CSPAN is biased.. not the YTurds
mredstriumph 1 year ago
Good thing getting rid of Fannie wont help bc Dems are at it again..
Qoute: "I want at least two years with President Obama and a solidly Democratic Senate so that we can get the federal government back in the housing business" - 9/7/09 Barney Frank
Source:
tinyurl -DOT - com/nv2k5m
tinyurl -DOT - com/5esw3p
tinyurl -DOT - com/yhnyvyf
tinyurl -DOT - com/ydmfgkq
Note: 2008 appears to be trending better in the bar graph UNTIL u look at the VOLUME (#) of mort's
mredstriumph 1 year ago
Bush and the GOP pushed minority home ownership big time. They are equally to blame for the mortgage mess/melt down.
Google bush minority housing speech and you'll see the truth. Republicans either have short memories or are trying to re-write history.
jensen1901 2 years ago
Thx for posting this. I worked mortgage while I was in college when this ball started rolling. Most dems do not or can not understand. They just blindly follow and say it's Bushes fault when, in actuality it was not. I was not a fan of Bush but he had nothing to do with this. The dems assume their followers will not do any research on the matter and they are correct. Everyone that blames Bush is looking foolish and the dems are taking advantage of that ignorance. Really sad actually.
shananagans5 2 years ago
@shananagans5 Bush had "nothing t0 do with this?" Lies. From a 2002 Bush speech:
Freddie Mae, Fannie Mae and Freddie Mac, I see the heads who are here; I want to thank you all for coming, have committed to provide more money for lenders. Theyve committed to help meet the shortage of capital available for minority buyers. Fannie Mae recently announced a $50 million program to develop 600 homes for the Cherokee Nation in Oklahoma. Franklin [Raines], I appreciate that commitment.
jensen1901 2 years ago
The bush administration attempted several times to stop the lending to unqualified buyers after it was clear it was a problem and that was long before the colapse. I don't know what they knew in 02 but they did try to stop it after 02 on multiple occasions.
shananagans5 2 years ago
Though I didn't vote for this Obama guy, I wish I saw this video b4 the election so that I could of shared it with my friends that voted for him. They now have voter remorse!!! Impeach Obama now!!!
skibunny2000 2 years ago
The Housing bubble was caused by low interests rates created by the fed.
In fact very few of the subprime mortgages were for poor people.
Liberals are the ones who want to amend the FDIC to protect against bad derivatives.
AndroidPolitician 2 years ago
Take our FREEDOM BACK.
RESTORE THE REPUBLIC!!
END THE FED! END THE FED! END THE FED! PRIVATE CENTRAL BANK ELITES BRINGING OUR DESTUCTION!
gstuart01 2 years ago
Great music.
MetalBassjunkie420 2 years ago
Informative but I wouldn't use wikkipedia as a direct source for accurate information. Part of the economic crisis does have to do allot about high risk loans but that has more to do with greedy short sighted banks and mortgage companies than low income people. I know plenty of people who were advised by mortgage brokers to lie about there household income in order to qualify for a subprime loan. Many of these people were told it was legal for them to lie.
zumu1980 2 years ago
That was only part of the problem. The dems oversimplify it so they will not look bad. They started this ball rolling and refused to stop it. They will not admit to this because then the finger points at them. They count on their ignorant followers to not do any research.
shananagans5 2 years ago
Let's start a self-help NO INTEREST bank, for low-middle class Americans!
Co-Op housing! No interest!
Minimum mothly payments, for everyone!
Cyberpuppy63 2 years ago
Well --all the info is in print and on all news of what the Dems say and did-
Yes money was spent on wars--but as I seem to remember during The only Town hall meeting Obama would debate on
He said that if it was for humanitarian reasons we should get involved--
Or was I hearing things?
And as for Fear who is saying we will be in a depression if we do not SPEND
$1,000,000,000,000 to $10,000,000,000,000
on projects that have nothing to do with the collapse of the housing market
Librathelion63 2 years ago
Well some news --you need to do the math and add up all the goverment spending from Washington to the second bush and it still does not add up to what the new Congress and Obama has spent
Librathelion63 2 years ago
Lol, big mistake.
George Clinton started it by letting America being formed. JK.
And yes the clinton administration is at fault. The Community Reinvestment Act.
Give poor people homes.
They can't pay/ refuse to pay for a cheap home.
They abandon their mortgage
Leaves the banks in ruins.
samdalton13 2 years ago
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samdalton13 2 years ago
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MASS PORN: Child of the Feminist Movement:
This bold book is both pro-sex and pro-feminist. A critical and comprehensive examination of the misogyny and racism that are alive and well in porn and mainstream society, it nevertheless manages to celebrate sexuality. —Jessica Valenti, author of Full-Frontal Feminism
floydianworld 3 years ago
Great Video
BUT
If you think this is to help us to decide who should be PREZ? Guess again.
The Dems & GOP r both in the pocket of the Elite.
There is only ONE side in this game
AND YOU AREN'T ONE IT.
KR1963 3 years ago
It's too bad many of you clinton & obamunists are in denial. However, the video shows who was REALLY responsible for our current economic crisis. DON'T BLAME BUSH'S ECONOMIC POLICIES!! It not only shows how ignorant you are, it also shows your insane hatred for a man that truly did one of the best jobs a President could do. That being, keeping us safe from another terrorist attack on our soil and keep the economy running strong! Bush will have a good legacy regardless, clinton & obama won't!
hilariouskid 3 years ago 5
hilariouskid
Exactly!!!! It sure is nice being protected from terrorists thanks to President Bush. In the next 4 years everyone will start appreciating the freedom they once had.
I will miss my $3000 child tax credit I get every year I file my taxes thanks to President Bush when Obama lets Bushes tax cuts expire. Wikipedia states President Bush has given the American People the biggest tax cuts in history. I will miss him greatly!! 090120 will be a sad day indeed!!!
naneus 3 years ago
Hate to tell you, the cause of this crisis is NOT Freddie, Fannie, the CRA, Obama, or Democrats. It's the whole corrupt structure of Wall Street, more of the pieces are coming out about this by the day.
The crisis has been coming on since the 1980s. If you want to read all the gory details, here's the best article I've seen yet: Google:
portfolio. com "the end of wall street's boom"
lindabee10 3 years ago
OBAMA & His CORRUPT Friends - Just from ONE Company, not including several hundred million he & his friends received from other institutions.
How much BRIBE MONEY does it take to transfer $700.00 BILLION taxpayer dollars to Wall Streets ELITE?
GOLDMAN SACHS CONTRIBUTIONS:
OBAMA (D) $691,930
HILLARY (D) $468,200
DODD, Chris (D) $105,400
How much money did your Representatives get from Big Bankers to look the other way & pass a bill that the American people clearly do not want?
MoveOnAnimals 3 years ago 3
re: MoveOnAnimals
So what percentage of subprime loans were made by non-CRA regulated banks?
greyfalcon. net/ cra.png
greyflcn 3 years ago
this is the largest crime committed in the course of history. the media, courts, police and all law enforcement will do NOTHING to help you. all the money they steal is unreported to the IRS and they continue to rip off anyone and everyone who is "subprime", that word is their way of suppressing the lower middle class... their is no justice from the scumbag con artist at the low end to the pillars of wall street, this country is not yours and never will be, it is BigBrother's -1984 24yrs late
bhite41 3 years ago
DO NOT LET THIS VID DIE AFTER THE ELECTION. Democrats will be trying to blame Bush for years for this mess and it will essentially lead to one party Big Government rule.
A study out by UCLA this week made the conclusion that the big government principles of FDR EXTENDED the Great Depression by SEVEN years.
Hoover raising taxes/tariffs after the crash and bank runs collapsed the economy. Let's learn from history, so we can make this country great again.
TxsAggie96 3 years ago 4
OBAMA & His CORRUPT Friends - Just from ONE Company, not including several hundred million he & his friends received from other institutions.
How much BRIBE MONEY does it take to transfer $700.00 BILLION taxpayer dollars to Wall Streets ELITE?
GOLDMAN SACHS CONTRIBUTIONS:
OBAMA (D) $691,930
HILLARY (D) $468,200
DODD, Chris (D) $105,400
How much money did your Representatives get from Big Bankers to look the other way & pass a bill that the American people clearly do not want?
MoveOnAnimals 3 years ago
I liked John McCain - When he WAS John McCain and before he made his Faustian pact with the religious same xeno-phobic religious-right that insists on keeping us in 1950. Maybe with a real leader like Obama in office we will finally see that "Multi-Cultural Diversity" and "Traditional Family Values" may just be the same thing. Those of you holding onto to "But I'm A Christian, so I have to vote Republican" I urge you to sit quietly for an hour a day and read the Gospel of Luke. Really read it.
tomboutell 3 years ago
LISTEN TO RUSH LIMBAUGH, FOXNEWS(dot)COM, SEAN HANNITY, OREILLY FACTOR, JOHNMcCAIN(dot)COM
President John McCain. McCain is an experienced leader.
Say No to BaRAP Hussein Obama.
God Bless America
McCain / Palin 08
kft3406 3 years ago 2
Google "did liberals cause the subprime crisis" and read the truth...this is a right-wing lie aimed at defaming Obama even more.
jasputan 3 years ago
And it's hard to run as someone who passes himself off as bipartisan with a voting record such as his. Obama is a liberal at best, a socialist more than likely. His role in trying to "reform" Chicago's education system with William Ayers revealed his Marxist views, which he also admits to in his books. It may be acceptable to have those views in college, but while running for president shows his true colors. I want no part of his "change" and neither should anyone else in this country!
hmon20002000 3 years ago
How about this: Obama "If Pakistan is unwilling or unable to go after Osama Bin Laden, I will send forces in to get him" - hmmm unilateralism? "Either you are with us or against us? doesn't that sound like the BUSH DOCTRINE?
Obama sounds like another Republican president too... Herbert Hoover. Raise taxes and protectionism in a global recession. In less than 2 years after that FDR inherited an dying economy with 25% unemployment, lasting over 10 years. Thank God Rep's learn from mistakes.
TxsAggie96 3 years ago 3
Excellent video!
ColombieBritannique 3 years ago
Actually lindabee, you might consider that Obama is touting Herbert Hoover (Republican) tax policy and protectionism (hear his comments about China in the 3rd debate). Hoover plunged this country into the Depression.
Also has anyone noticed that his comments on taking out Bin Laden in Pakistan if "they are unwilling..." is straight from the Bush Doctrine?
TxsAggie96 3 years ago 3
"I am not George Bush, if you wanted to run against him you should have run for president four years ago." I have been waiting for that all year.
htycvc 3 years ago 3
yes, yes the best answer
margitta55 3 years ago
htycvc: "'I am not George Bush, if you wanted to run against him you should have run for president four years ago.' I have been waiting for that all year."
At the same time, he's bragging that he voted with George Bush over 90% of the time. We have it on video.
Who IS the real John McCain?
lindabee10 3 years ago
That's politics. You have to vote with the party to stay in good graces. I'd be willing to bet that hussein voted with the democrats over 90% of the time too.
htycvc 3 years ago
I think you're missing my point: It's pretty dishonest of McCain to distance himself from Bush when he voted with him over 90% of the time. (I'm challenging his inconsistency.)
lindabee10 3 years ago
At the same time, how many former supporters has Obama distanced himself from with no ill effect. But back to your point. Just because he voted with Bush doesn't mean Obama can say he IS Bush. Same fundamentals, but who can say McCain would act the same as Bush did when he's the boss. I like to attribute everything to sports so I'll compare this to an interim head coach. A head coach is often fired only to have his assistant take the job with the same coaching principles.
htycvc 3 years ago
htycvc: "Just because he voted with Bush doesn't mean Obama can say he IS Bush."
Actually, at least one of his long-time colleagues said McCain's "going to be Bush on steroids." Sen. Domenici (R-New Mexico) has said he doesn't "want this guy anywhere near a trigger." Others, too, have said that McCain is temperamentally unfit to lead.
You can read a lot more by googling and reading "Make-Believe Maverick". You might want to know more about The Real McCain before you cast a vote.
lindabee10 3 years ago
Its all about your beliefs. Mine are somewhere between Republican and Libertarian so I have a candidate given to me since the Libertarians aren't a major party. All I can do is try and convince democrats and undecideds that democrats are wrong. This is capitalist society, not socialist. The American dream is that you can start with nothing and gain everything, and prosper from it. Not start from nothing, gain everything and then give 40% of it back to those with no ambition
htycvc 3 years ago
Obama voted on party lines 96% of the time, to be exact...
hmon20002000 3 years ago
hmon20002000: "Obama voted on party lines 96% of the time, to be exact... "
You still don't get it. Obama's not the one trying to distance himself from his party or their elected officials. McCain IS trying to distance himself from Bush and the GOP record, and we can all understand why.
That's hard to do, though, when his voting record is so ... Bush-like.
lindabee10 3 years ago
lindabee10 - "You still don't get it. Obama's not the one trying to distance himself from his party or their elected officials. McCain IS trying to distance himself from Bush and the GOP record, and we can all understand why."
Obama should be trying to distance himself from the Democratic Congress, considering their approval ratings. Pelosi and Reid are a complete disaster and will be even moreso if left unchecked (aka an Obama presidency). If they get a free pass on their agenda, watch out!
hmon20002000 3 years ago 2
Google "McCain Defends 'Enron Loophole"
Excerpt:
"In 2002, despite the accounting scandals at Enron, WorldCom and other major companies, Sen. Gramm objected to the Sarbanes-Oxley corporate reform bill designed to hold executives accountable for inaccuracies in financial reports.
"Now, the Gramm familys anti-regulatory agenda is returning via McCains presidential campaign."
lindabee10 3 years ago
An interesting article on Phil Gramm's major contribution to this mess, that's ever hardly mentioned at all:
Phil Gramm, as the Senate Banking Chair in the Clinton years, pushed deregulation big-time. The clincher was a provision he snuck into a reauthorization bill in 2000 -- the Commodity Futures Modernization Act. It fueled the Enron debacle (and others), and this meltdown. Google the whole story in the Texas Observer:
"John McCain's Gramm Gamble"
lindabee10 3 years ago
What if you put a sign on your window that says "please steal me"?
hmon20002000 3 years ago
If the doors and windows are locked and you force your way in its still breaking an entry.
However,if its a life or death situation,lets say its winter and your car broke down close to a winter cabin in a storm,then it would not be considered a crime,even if there where a sign saying"Do not enter".
But I think you are missing the point.
Its a metaphor.
The point is...
Just blaming Bill Clinton is short sighted,it totally ignores the bigger picture and removes all others involved from blame.
Lobos222 3 years ago
Lobos222: "Just blaming Bill Clinton is short sighted, it totally ignores the bigger picture and removes all others involved from blame."
I think the GOP will keep blaming Clinton for everything bad until the end of his life. It's raining today? Clinton's fault.
They need to deflect the attention from the disastrous results of their own actions. In this case, their major deregulations push since they seized control of Congress in 1994, then got the White House and the judiciary.
lindabee10 3 years ago
So, its Bill Clintons fault, not greedy banks that misused -the bill- intension to get short sighted big bucks?
To use a metaphor thats like saying:
------------------------------------
If you opened your window at night and robbers got inside your house. Its -only you- that are to blame for the robbery because you opened the window.
The robbers have no fault...
Riiight.
Lobos222 3 years ago
What if you leave your car running while you go into the grocery store for an hour?
hmon20002000 3 years ago
Are you trying to say its lawful to take a car, IF its left running and its not occupied?
Depending on where you live one could say its irresponsible to do so, that it might have insurance consequences and letting it run for an hour in park isnt very environmentally friendly, but its still not your fault if it gets stolen.
You wont be breaking any laws because other people steal your car, even if you where "stupid" enough to leave it unlocked and running somewhere.
Lobos222 3 years ago
McCain should be running this on tv in every battleground state from now until 2012. And we all have to register as Republicans and start contributing and working just in case this a**hole gets elected, to ensure that Republicans take over Congress and Hussein is a lame duck for 4 years and then replaced by a good Republican.
htycvc 3 years ago 2
htycvc: "McCain should be running this on tv in every battleground state from now until 2012."
He's not gonna touch it and you know why? Because he's up to his neck in this. A Republican, he has ALWAYS backed deregulation. One of his chief strategists (Phil "nation of whiners" Gramm) was a major deregulator during Clinton's terms. McCain has taken major campaign contributions from all the players. He has campaign staffers from Freddie/Fannie, including his current campaign manager.
lindabee10 3 years ago
Obama has some Freddie/Fannie people in the same positions. I guess what it comes down to is beliefs. Both men have done the same dirt, so it all comes down to what you believe. Which sucks because right now most of the people in my battleground state (Virginia) believe in Obama. I can't watch tv without switching channels when the commercials come on. I say lets get this election done now so we can either support or rally against our president.
htycvc 3 years ago
This is all wrong..search William Seidman and watch 2 through 7 of the economic crisis and the candidates. It is a lecture format so it may be a bit boring it's not hyped up for the MTV attention span viewers, however, it is VERY informative and if you want facts watch it and ignore garbage like this clip. besides the music still sucks in this one.
tjtm72 3 years ago
This comment has received too many negative votes show
It's politically expedient for the Republicans to blame everything at a point in time that coincides with a democrat's actions. Heck, we could blame this whole crisis on Adam and Eve, or even on the Jews who influenced Christianity to accept interest rates back then. Or even the Neolithic farmers for abandoning hut homes in favor of sturdy homes. Wall Street and the anti-regulation politicians are to blame.
zut212 3 years ago
Democrats gave us Fannie Mae and Freddie Mac. Democrats wished to increase home ownership to low to moderate income people by easing credit requirements for mortgages. Democrats resisted regulation to facilitate this goal. There's no coincidence, but rather a direct causal relationship. Now we're into bail outs and 'regulation', when what we really need is to get back to the basics which have served this country well: credit decisions based on objective financial criteria.
Madner70 3 years ago 8
@Madner70
Republicans (and to a lesser degree Democrats) supported the removal of regulations put in place since the great depression that were a direct cause of the financial crisis. How are you going to put it on Democrats when it happened under Republicans?
zukown 1 year ago
The Republicans should use this video as one of their campaign adds on prime time TV
bearbo 3 years ago 4
As if anyone on the planet let alone the poor McCain campaign has the money to buy ten minutes of commercial air time during prime time hours... you sir are a genius.
AzraelNY 3 years ago
Bawney Fwank's gay lover was a Fannie Mae executive -- a clear conflict of intewest.
Just say no to Obama Bin Biden -- a former child Muslim and his plagiarizing sidekick.
007ObiWan 3 years ago 3
Everything is over. The Fed is out of bread. The Congress is paid for by Corporations. The economy is in a tailspin. What do we have to look forward to? Saturday Night Live!
UnconcernedCitizen 3 years ago
Saturday Night Live has been pretty good. they've enjoyed the highest ratings in years.
jingling30 3 years ago
Barney Frank
Chris Dodd
Frank Raines
Jim Johnson
Maxine Waters
Chuck Schumer
Barock 0%bama
Guilty as charged!
FreeAgain2 3 years ago 4
Re: McCain: "He's going to be Bush on steroids," says Johns, the retired brigadier general who has known McCain since their days at the National War College.
See October's Rolling Stone: "Make-Believe Maverick"
lindabee10 3 years ago
This has been flagged as spam show
Barack Hussein was clearly the worst candidate of any party.
He would have ran on the Al-Qaida or Osama ticket if he thought it would get him the Presidency.
Everyone knew Obama would have literally DESTROYED AMERICA. Of course those supporting McCain clearly are patriotic. Every American will now sleep so much better knowing Barack Obama will NEVER become our president EVER!!!!
Thank you America
McCain/Palin 08
krejdavid 3 years ago
Nuganus - "This video helps to show who is undeserving to remain (or gain) political power due to their lack of coming together to solve the issue. That is the purpose of this video."
Lack of coming together to solve the issue? THEY CAUSED THE ISSUE! (And now they're pointing fingers at the Bush administration, as usual)
hmon20002000 3 years ago
Can anybody here actually AFFORD to vote for 4 more years of Bush/McCain?
lindabee10 3 years ago
Can anyone afford to have ANY of the Democrats lead anything knowing what we know now?
hmon20002000 3 years ago 2
ignorent comment, you democrats keep acting like McCain is Bush, hes not, he has given plans on how to change the crap we are in now, just like obama. The Bush=McCain arguement is liberal desperation
shadaliciousbaby 3 years ago 4
shadaliciousbaby: "The Bush=McCain arguement is liberal desperation"
"He's going to be Bush on steroids," says Johns, the retired brigadier general who has known McCain since their days at the National War College. (And there's a lot more where this came from, in October's Rolling Stone.)
Hmmm, I was wrong. He's going to be worse than Bush. Yay.
lindabee10 3 years ago
And Obama is Karl Marx on steroids. I'd take Bush any day...
hmon20002000 3 years ago 2
He wants to ban .223 and .308 rounds.
jingling30 3 years ago
As usual and as expected. The Demo-Libs never-mind the truth... They will never let the truth change their delusional minds... They will cut off their nose to spite their face and let the teat that feeds them go down the tubes in total destruction, then still won't admit they were the cause...
MAVsays 3 years ago 4
This comment has received too many negative votes show
This theory was just debunked in the news today.
brenna1975 3 years ago
By what news?
MAVsays 3 years ago 6
The republicans caused the economic crisis.
Mentallyawake568 3 years ago
Mentallyawake568 - "The republicans caused the economic crisis."
Any evidence to support that? Did you forget to watch the video?
hmon20002000 3 years ago
The donation numbers here are donations from EMPLOYEES, not the lobbyists or companies. I've never fully agreed with my bosses about politics, so I would resent having my donations count as theirs. Republicans are generally more swayed by PACs and Lobbyists. Democrats get more small worker donations, which are the numbers being portrayed here.
TakeyMcTaker 3 years ago
Nice try, but the Dems lost the house in 1995. How can you blame Clinton when the laws had to come from a Republican congress before he could sign them into law?
Sorry, not convinced at all. Plenty of blame to go around here, including the Republican congress and Republican President who had all 3 branches of government for 6 uninterrupted years.
bizby27 3 years ago
Too bad the Democrats won't actually admit any fault...
twisted89gt 3 years ago 2
Not another version of this crap!
Can any of you really afford to vote Republican, after the last 8 years?
lindabee10 3 years ago
did you WATCH the video!?!?
brand0nabe 3 years ago
Many republicans (not all, but many of them)were warning that closer regulations were required for these federally backed institutions or the ones that would end up paying the bill would be the tax payers. Don't just fall for the hype and do some reasearch. You will see some that warned of this and those that defended the actions should be remembered and removed from office.
Nuganus 3 years ago
research*
Nuganus 3 years ago
Just in case you didn't notice...McCain is NOT Bush!
Idiot!
twisted89gt 3 years ago 2
The music on this version is even better than the 'popular' tunes.. LOVE IT. cml
mlcm99 3 years ago
Democrats sit around doing nothing with their hands out expecting everything to be given to them.... there's a reason people who couldn't afford housing didn't get it... they wouldn't pay for it!!!!
mistyshields 3 years ago
Not sure how true it all is, but well done. I do know that there is enough "blame" to go around to both Democrats and Republicans. What a major shame. We lose at home, and respect for us is down the tubes globally.
dmorelly 3 years ago
democrats suck so hard at life. They just sit around and soak up all of the Republicans' hard earned money and then complain when we get a bigger tax break. Money belongs to the people that earn it.
baylorguy27 3 years ago
this is less than half the story
candyrapper 3 years ago
candyrapper - "this is less than half the story"
Really, what's the other half?
hmon20002000 3 years ago
How, when such obvious examples of conflicts of interest occur, do people not go to jail. When you take money from someone for their direct support of legislation, that's called a bribe. It's ILLEGAL! Look up Duke Cunningham or Bob Ney - they both took money directly in exchange for legislation and both served jail time. How is this situation any different?
hmon20002000 3 years ago
mhuppman72 - "I love how conservatives try to blame everything on the democrats, and how the more well off start crying when when the house of cards come crashing down on the mirage that is their lives that have been built on the backs of the less fortunate."
Barack Obama's candidacy, as it turns out, has been built on the backs of the less fortunate. Without Fannie Mae and Freddie Mac contributions, he would not have been elected in the Senate and would certainly not be where he is now.
hmon20002000 3 years ago 2
This video contains blatant falsehoods in an attempt to scare everyone into thinking we'll be safer with John McCain. Google McCain lies about Raines.Not to mention McCain has ties to 19 Fannie Mae & Freddie Mac execs through his campaign.The truth hurts.I love how conservatives try to blame everything on the democrats, and how the more well off start crying when when the house of cards come crashing down on the mirage that is their lives that have been built on the backs of the less fortunate.
mhuppman72 3 years ago
Good music. Way to play the blame game; This video is getting the economy out of the gutter...
violinguy1234 3 years ago
This video helps to show who is undeserving to remain (or gain) political power due to their lack of coming together to solve the issue. That is the purpose of this video.
Nuganus 3 years ago
James B. Lockhart, III, is the Director (CEO) and Chairman of the Oversight Board of the Federal Housing Finance Agency, regulator of Fannie Mae, Freddie Mac and the 12 Federal Home Loan Banks. He assumed that position with the signing of the Housing and Economic Recovery Act on July 30, 2008. He remains the Director of OFHEO, which is now part of FHFA. He was nominated by President Bush to that position and confirmed by the Senate in June 2006.
adamsohn1001 3 years ago 4
The truth will set you free. Its all there in black and white, why not just agree. NObama-
NO WAY!!!
coastalnest 3 years ago
This comment has received too many negative votes show
Keaton5...Keaton5...Keaton5
OBAMA/BIDEN08
Just589 3 years ago
You didn't even spell it right. Get off the band wagon!
furburglar 3 years ago
It's KEATING 5, as in 4 Democratic Senators (only one bascially 'acquited') and McCain (also basically 'acquited'). Another fun-fact is one of those Democratic Senators 'found guilty' was later promoted by Clinton to oversee mortgages. Smaaaart move.
PeterHaroldErikson 3 years ago 3
TO ALL THE DEMOCRAT NAYSAYERS: This film is factually correct, even Alec Baldwin the loudest of all left leaning cheerleaders admitted as much on HBOs Real Time With Bill Marher this past Friday Oct.03,2008. Everything mentioned is true. You may not want to hear it because you have so much invested in your political pick in this election cycle but it is true. There is one thing everyone can do if they are intellectually honest with themselves: Look up the facts yourself & VOTE ALL OF THEM OUT!
BricePartain 3 years ago
Anyone noticed Univ of California donated $611,207 ?? Isn't that a state school? Isn't there a law against this? I needed to pause a lot of times to see the sources.
jcomd 3 years ago
University of California has a weird exception under California law. It should be eliminated in my humble opinion.
ancestralyuba 3 years ago
FreeAgain2 3 years ago 3
Good job...
SRT80953 3 years ago
It's a shame "affordable homes" never came to be, cause of simple Economics. When you allow more people to have mortgages, you increase Demand on Supply, hence Price goes up. I'm sure when our Government was thinking "affordable", they were not thinking about $200K, $300K, or $400K homes, but $100K homes for low-income families. However, the Real Estate market would prefer higher prices for higher commissions. For everyone viewing this video, What price do you think is affordable for a home?
ConspiracyCarrot 3 years ago 3
tichhondrius, I tried googling your arse, but all I got was, "Did you mean, Ignoramus?"
DigiLusionist 3 years ago 2
google my arse
tichhondrius 3 years ago
The truth hurts your arse, Right?
CoolMom78 3 years ago 2
Is the classical music version still valid and running or was that brought down, too?
susanmarie8 3 years ago
Personally I don't care for the house-music (I prefer the classical-music version) but the adding of the Fair Use makes up for it :)
PeterHaroldErikson 3 years ago 3
Frank, chairman of the House Financial Services Committee, rejected a Bush administration and Congressional Republican plan for regulating the mortgage industry in 2003, saying, "These two entities Fannie Mae and Freddie Mac are not facing any kind of financial crisis." According to a New York Times article, Frank added, "The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing."
carpavel 3 years ago 5
Former Clinton administration budget adviser and current Obama housing adviser Franklin Raines perpetrated an Enron-like accounting scandal as chief executive officer of Fannie Mae, resulting in him receiving millions in compensation over a six-year period.
Raines and two other top Fannie Mae executives agreed to pay $24.7 million, including a $2 million fine, to settle a civil law suit filed in December 2006
FreeAgain2 3 years ago 2
Look, I'm totally on your side politically. And the video is great.
But you CAN'T USE OTHER PEOPLE'S WORK WITHOUT THEIR PERMISSION. Forget the legalities. It's unethical and immoral. I don't care how much you've been conditioned by the past few years of willy-nilly music on the Internet. Right and wrong are still right and wrong.
Also, "fair use" exists as a post-facto defense against a claim, not as a preemptive "doctrine."
TomMichaels101 3 years ago
Turn the sound off if it offends you. Don't deter from the message
jmddds 3 years ago
One Word--Barney the Fag Frank
Sealight007 3 years ago
liberals in congress are the worst in American history! The liberals started this crap and then stopped any regulations by republican's to tighten the rules! Nobody to blame here but the liberals!
TomCatScat1965 3 years ago
dude, you need to look up the histroy here. You are 100% off. Reagan started deregulation, which precipitated the S&L crisis that Neil Bush was at the epicenter of (Silverado). The Republican Congress of 1994 continued the tradition, which Clinton signed because they were going to override his veto. Now the current moron and his Republican toadies excerbated it with further deregulation. It's all out there in the open, if you would choose to research it.
Brdskipper 3 years ago
Brdskipper you need to actually read the documents presented here. It wasn't deregulation that caused it. It was 1) regulations from Clinton that required banks to loan money to those who couldn't afford it, and 2) the regulators in Congress were paid off by those they regulated into ignoring the corruption.
Deregulation works. Free markets and capitalism works. Government screwing with the markets NEVER works.
fireguy2442 3 years ago 3
Now that Fannie Mae is at the epicenter of a financial meltdown that threatens the U.S. economy, some are raising new questions about Franks relationship with Herb Moses, who was Fannies assistant director for product initiatives. Moses worked at the government-sponsored enterprise from 1991 to 1998, while Frank was on the House Banking Committee, which had jurisdiction over Fannie.
The two lived together in a Washington home until they broke up in 1998, a few months after Moses quit FM
PajamaTruthMafia 3 years ago
Phil Gramm, McCain's chief economic adviser until he said the economic recession was psychological and that Americans were whiners, is partly responsible for this crisis. All the deregulation he and other republicans, like John Mccain supported destabilized our economy. Nobel Prize winning economist Joseph Stiglitz has said this, among many others. Look up the Gramm-Leach-Bliley Act. Deregulation is what fucked our economy up, and McCain has long supported it.
jkerouac02 3 years ago
Carter, Clinton and most of the lib senate are to blame! President Bush over 12 times tried to rain in Fannie Mae and Freddy Mac and Sen. McCain tried to tighten rules in 2005 and they were all rejected by the democrats! Now it's Bush's and McCain's fault! LMAO! Good try libs! LMAO!!!
TomCatScat1965 3 years ago
Trying to rein in the FMs in 2006 was the exception to the rule. You can't accept that deregulation is whats to blame (as well as Alan Greenspan). Why do you think McCain has gone down 5 points in the polls and Obama has gone up 5 points since AIG/Lehman?
abcnews . go . com/print?id = 5835269
jkerouac02 3 years ago
You forgot to mention phil gramm, bush admin,and yea mccain who has proudly boasted being in favor of dereg and wants even more this was a bipartisan effort, you also forgot to mention fractional reserve banking. those poor rich CEO's didn't see it coming. One Question:Why didn't the republicans do anything when they ran all 3 branches of govt? This was beneficial for both parties
People google "the money masters" video get the real reason why this happens unless you want to believe this BS
morpheus2k2 3 years ago
Watched it, I call bullshit. More right wing distortions of the truth.
Even if it did change my mind it is too late, I have already cast my ballot for Barack Obama and Joe Biden.
joshtheitguy 3 years ago
Could you explain what is so distorted? I know that the CRA part is true. But what is false?
taybo20 3 years ago
For starters, it claims that McCain sounded a warning about the mortgage crisis. He only attached his name to the bill after a report exposing Fannie Mae accounting fraud came out. And who sponsored the bill? Why, Sen. Chuck Hagel! See what he's had to say about the Republican ticket.
waxtadpole55 3 years ago 2
The reason that this piece isnt seen on any reputable network is because it is more right wing lies, falsehoods, half-truths and innuendo. Its totally unsubstantiated and a complete crock of shit.
Brdskipper 3 years ago
Brdskipper: "The reason that this piece isnt seen on any reputable network is because it is more right wing lies, falsehoods, half-truths and innuendo. Its totally unsubstantiated and a complete crock of shit."
Major talk radio hosts have discussed this stuff quite a bit over the past few weeks. If it was all a big lie, the mainstream media would have been all over it and exposed it by now. That the media is ignoring it may just have something to do with them not being able to refute it.
dtrylz 3 years ago
Major talk show radio hosts??? Like Rush (throw all drug users in jail except me) Limbaugh or Sean (I yell and scream a lot, but won't listen to anyone else) Hannity or perhaps Michael Savage or Glenn Beck? Please spare me (and others). These folks are nothing but right wing shills and attack mongers... They are there for pure entertainment value, and have little to add to the discussion in terms of salient commentary.
Brdskipper 3 years ago
WOW the feds have it all wrong they're going after the fat cats on wall street but thanks to your racist rants they can focus on the real culprits: the poor! Next time I see a homeless vet with the "work for food" sign I'll run him over or I could research this starting with google " the money masters" and see how the bankers have setup ALL americans for this fiasco and work from there. Nah I'll absorb this tripe it's easier and and less time consuming I like being ignorant and lazy I'm American
morpheus2k2 3 years ago
Awesome truth! Why is the media not reporting this? CBS NBC and ABC should be ashamed!!!!!
j916202 3 years ago
And whay didn't Palin hammer Biden with this "awesome truth?" Because it's bull***t.
waxtadpole55 3 years ago
TheMouthPeace, would you please display the shots from the articles a little bit longer? My wife complained she cannot grasp the quotes, and it is hard for my quicker eye as well.
slaffkas 3 years ago
why don't you just pause the video...
taybo20 3 years ago
I am willing to lose all my investments for the sake of our freedom. Don't bail them out!
paraskeet 3 years ago 3
Why do you keep uploading new versions into different slots instead of just re-uploading the video into the same slot? wtf?
ar15expert 3 years ago
The Democrats have robed the poor to feed the rich for decades, all the while blaming the results of their sinister conspiracies on the Republicans. They are successful at this because of their integration of Communist mandates in US government policies. Kind of like the gangster who gives all the poor kids in a community tennis shoes, only latter employing the same kids as extortion enforcers that prey on that same community. Oh, and giving out more shoes to the next generation of kids.
g699a 3 years ago