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Barack Obama sets up Financial Disaster

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Uploaded by on Nov 28, 2008

The bubble has burst and it was due to the practices of government with Fannie Mae and Freddie Mac. We are spiraling down and what does Barack Obama do? He hires the former CEO's of Fannie and Freddie to head his financial team. Thanks Obama ...more of the same!

Source:
http://eproblemsolver.wordpress.com/2008/09/18/barack-obamas-fannie-maefreddi...
http://www.abcnews.go.com/Blotter/story?id=6201900&page=1
http://purplepeoplevote.com/2008/09/17/obama-receives-big-money-from-fannie-m...

economic collapse banking crisis 700 billion dollar bailout dems fight regulation and oversight democrat republican Mccain palin biden 2008 election financial crisis energy housing market stock market dow fall recession great depression

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Uploader Comments (DaggerPolitics)

  • stop killing children in palestine

    ISREAL IS THE TRUE TERRORIST

    HALTE AUX TUERIES D ENFANTS EN PALESTINE

  • Ideally both sides would stop killing the other. We'll see who shoots first during this cease fire.

    What do you do with a land that has changed hands 100 times? Who's is it?

  • McCain sucks, that's a fact. So did Hitler and Dahmer, that doesn't make America's new wonderboy a good guy.

    And you ignored 95% of the facts presented in this case and pointed out one grammar mistake. I think I'll pass on a debate of majoring in the minors.

  • Your title is ridiculous. "Obama sets up financial disaster?" If anything, Ron Paul is saying that financial disaster is unavoidable at this point. What does any of this have to do with Obama?

  • If you read what I wrote... Obama hired the CEO's of Fannie and Freddie to head his financial team... after they gave him more money as a Senator than they have anyone.

    As Dr. Paul says, "The people on the take knows whats going on... the fooling of the people still goes on"

    This really is bad news. Check out some of Obama's ties on you own. The Media doesn't tell you any of them. Unfortunately, we have yet another crook in the White House.

  • LOL, where do you get your information from? He did not hire the CEOs of Fannie and Freddie to head his transition team. Nothing close to that. I guess you need to rethink your entire premise now.

  • You really look quite silly. This is a known fact and I quoted three sources on this page already. Click the "more info" in the upper-right of this page. Read 'em and weep my friend, the guy is a crook and definitely on the take -- that fact is s a matter of public record.

Top Comments

  • i meant when ron paul is with other people they become reasonable simply becuase ron paul is so rational that they usually cant disagree with him or argue his points so they become more reasonable

  • its sad, how how in our democratic process, or lack there of, people get rewarded so handsomely for screwing us all over.

    The bush administration actually has a record of tring to get this fixed every year of their administration. Every time failing because of party line filibuster.

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All Comments (31)

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  • @chaironome Did you seriously just advocate regressing to the seventeenth century as a method of economic recovery? I hope you were being ironic? How do you suppose you would function in a modern world if primitivism was productive? Keynesian economics suggests that consumption and government spending drive economies. You already have no savings, huge debt, no production and massive consumption. If you elect Obama again you're going to experience a great depression which dwarfs the thirties.

  • @rci2145 If you follow the plan Obama has outlined or vote for any of the other republican candidates America will experience a great depression which dwarfs thee thirties. You are right in saying some recession is unavoidable, but a return to free markets could correct it in a matter of maybe two years, without people going on breadlines. What Dr. Paul actually said was that this crisis is the responsibility of the ignorant electorate. You use democratic force to break each others rights.

  • Watch "Republican Cover Up Revealed" on you tube.

  • Ron 2012!

  • Don't dis Ron,aftler all he knows this is a fools paradise.When the wheels come of, the truth will become clear. Try searching Peter Schiff and watch with a open mind.

  • You are almost broke and keep spending money for making peace in Irak (with war)...

    The dollar (your money) collaps and then you have chaos, the policestate wil control all the peaple in this chaos... This will happen.. But not if all the peaple in the USA will wake up and take over Washington.. Think you cant do that...???? Wallstreet did...!!!!

    Gabriël from Amsterdam

  • ron paul has the ability to make other people look reasonable

  • amazing series of videos

  • Glenn, you are in denial if you dont think the average person understands economic policy. They've been listening to people like you and Ed and Cramer for advice because they want to believe your fluf instead of the grim truth. Thank God for patriots like Ron Paul who actually speak up for the rights of the american people and other heroes like Robert Kiyosaki, Donald Trump and Peter Schiff who are investing millions trying to educate the wayword.

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