Veronique de Rugy Explains Fannie and Freddie's Role in the Housing Crisis on Bloomberg

[MishaAtreides]

Whatever you say about Clinton, he is quite possibly the smartest President we ever had. And by the time he left office, the economy was flushed with cash. A decade later, and we're on the brink of an economic meltdown.

[croasis2000]

@uodet i remember when the dems were saying the repubs were just "the party of 'no'". i always said to my liberal parrots "i wish that they were!!"

[uodet]

People are really waking up aren't they? lol I love it.

If you understand this, please message me and I want to get on your friends list.

We have something in common; we're learning how to say no, and mean it.

I have one thing to say to the Handlers;

NO

Note to globalist ass faces;

get used to the word NO because you'll be hearing ALOT more of it from now on.

Unite, get to know your neighbors, family and friends. You will be relying on them lots more in the very near future.

Unite.

[cat1012000]

Fannie & Freddie set the requirements for ALL mortgages & purposely kept lowering the standard for mortgages - thereby qualifying more people for mortgages & placing people in mortgages they couldn't afford. Their push to unreliable point scores, unverified mortgage reports, and exotic mortgages can ALL, I repeat ALL, be traced to Fannie & Freddie. & Thomas Woods' "Meltdown" is very good.

[classic7890]

Look,

.

.

ALL economic bubbles are CREATED by Governments.

.

.

PERIOD.

[yakyakyak69]

Bankruptcy & Redistributionist Slavery is NOT "progress".

[Illumified]

Its enough to make me shake my head and cry (and I never cry) when I hear libs start to recognize the problems that they ignored before and after a crisis.or when creating a future crisis like obamacare will. What did she say at 5:06 "it was suppose to make things more affordable" and then sumthing bad happened. Sounds familiar.

[NoDeity]

An unpleasant listening experience due to only one audio channel being active in this video. I expect better from ReasonTV.

[savgal1211]

The Book" After shock?" Those authors called the housing bust BEFORE i thappened, and everyone whould get a copy of Aftershock, published in 2008, and they are calling all this shit correctly!!

[hob976]

She should have just read Thomas Woods' "Meltdown" when it came out 2 years ago...

.

Better yet, the world should've listened to Peter Schiff when he was telling everyone in 2005-06 the housing market was gonna crash EXACTLY as it did.

[jrsub3]

@hob976 Isn't there a video of Schiff saying that, while everyone else on the panel laughed at him?

Of course, we could use a person like him right now in Washington, pointing policy makers in the right direction. Instead we have the Obama school of economics, which is the same ole shit of the last 70 years, expecting different results.

[DaDestroyer1986]

The sound is more dominant on the right making things sound off.

[elsquibbs]

I'm trying to figure out how anyone can agree with the garbage Krugman spouts.

[bttalbot]

@elsquibbs

If they gave you a Nobel prize, and if you knew how to sound important and smart even when it's complete nonsense, people would listen to you too.

[elsquibbs]

@bttalbot

Good points. I tend to falsely assume most people have the ability to see through the smoke & mirrors.

[Philosophickle]

lol@wimin trying to do the maths

[Bradshawful]

@usrevolution2 Liberals never recover, they just run out of other people's money.

[VegasBilgeRat]

Shaka, when the walls fell!

[Steve83B]

@VegasBilgeRat old ST reference.