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Burning Down The House: What Caused Our Economic Crisis? Bombshell

This video is an informative look at the factors that are causing our current financial and economic crisis. It discusses policy changes 13 years ago that unleashed the sub-prime mortgage-backed s...  
 
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eder3g4 (9 hours ago) Show Hide
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Okay im taking a subtopic.... Good movie
jensen1901 (21 hours ago) Show Hide
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More from Bush's speech:

"Freddie Mae — Fannie Mae and Freddie Mac — I see the heads who are here; I want to thank you all for coming — (laughter) — have committed to provide more money for lenders. Theyve committed to help meet the shortage of capital available for minority home 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 (21 hours ago) Show Hide
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From Bush's speech:

"affordable housing is a problem in many neighborhoods, particularly inner-city neighborhoods. Im doing is proposing a single-family affordable housing credit to encourage the construction of single-family homes in neighborhoods where affordable housing is scarce. Over the next five years the initiative will provide home builders and therefore home buyers with with $2 billion in tax credits to bring affordable homes and therefore provide an additional supply for buyers.
jensen1901 (23 hours ago) Show Hide
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Bush and the GOP were responsible for the mortgage meltdown.  Bush was in bed with Fannie and Freddy. Google Bush minority housing speech 2002. No more revionist history Republicans! Own up to your part--both the Dems and the GOP messed this up earlier this decade.
QUlTEFRANKLYX (21 hours ago) Show Hide
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@jensen1901 Jensen, you are some kind of evil motherfucker, you absolutely that isn't true. Burn in Hell.
jensen1901 (21 hours ago) Show Hide
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@QUlTEFRANKLYX Do you now how to use Google? Good. Than i suggest you Google "Bush minority housing speech."
gifteconomy12 (1 week ago) Show Hide
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@HowardOfOz3565
IN GIFT ECONOMY ONE WORKS out of real, authentic passion for job, for helping people! Look wikipedia!
I am physicain and I dream to work for free - but, I can't - I have to give terrifing drugs: I am slave of pharmaceutical industry! The drugs kill more ppl than street accidents! We are all slaves of money!
HowardOfOz3565 (1 week ago) Show Hide
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GiftEconomy12 is obviously either an uneducated moron or on drugs....either way he she is clueless.....
gifteconomy12 (1 week ago) Show Hide
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@HowardOfOz3565
GIFT ECONOMY is on RAW VEGAN FOOD since 6 weeks and vegetarian since 20 years!
HowardOfOz3565 (1 week ago) Show Hide
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A Phd in Medicine? Medical degrees are MD not PhD....try again

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