Explosive Audio Unearthed: After the Sub Prime Crisis already started in 2007 Obama says Sub Prime Mortgages that gave houses to people WHO COULDN'T AFFORD THEM was a GOOD IDEA!!

It wasnt the sub prime lending alone which blew up the economy it was the derivatives leveraged 40 to one and sold then as CDOs and CDS to banks. This video is edited to leave out those pertinent details. The vast majority of subprime was sold by MORTGAGE BROKERS and did not even see FMFM but went straight to Bear Sterns and Lehman Brothers. This Video is very manipulative in what information it leaves OUT to spin its point, Uninformed viewers will watch it and be given a wrong impression.

Really? Okay, let's examine that. You are claiming a 29-year-old policy spontaneously developed the problems that lead to the economic collapse? Oh, no it was an 11-year-old policy. You need to bring it back to reality.

To dems4amar: Many have doed to protect our freedoms. Why are you so willing to them away?

The STATE of CALIFORNIA is bankrupt because of democrats, they control the house and its'a 100% there fault. they loose like always

The STATE of CALIFORNIA went bankrupt because of ballot measures requiring a super majority to both approve a budget and to raise taxes.

Plus several other ballot measures which require the state to preform functions that are often wasteful and harmful.

Seriously, bring it back to reality.

interesting how you ask wether we heard it and then replay it for our benefit. It seems a shame that
a) you did not listen yourself
b) if you did listen, it's a shame that you lack the mental skills to understand the whole comment. "...it started off as a good idea..." but then you stop the audio when it gets really interesting, but then that would not fit your argument, right?

Do me a favor please. Get all your "redneck" friends to procreate and populate this country until the sea of red drowns out the blue and we can be free again! It should be easy, because all the libs abort their babies anyway. BTW, I may be from NY but my redneck roots go way back and I am proud of the farmers in my ancestry and embarrassed by fellow NYers who vote for the likes of Schumer & Clinton!

do you know of any trustworthy sites? i've been searching for ages, since the first bush administration. it's nearly impossible to find unbiased news it seems.

hitttttttttttttttttttttttttttt tttttttttttttttttttttttttttttt tttttttttttttttttttttttttttttt tttttttttttttttttttttttttttttt tttttttttttttttttttttttttttttt ttt  copy and paste that and see the wonder of it all

In the end the government will own all the housing in the country
You will be assigned a house or apparment you wont even have to pay rent
Change is comming and we will be better for it