Obama and Fannie Mae
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Fannie Mae did its damage, but it was not cause of the debt crisis. The root cause was the proliferation of mortgage backed derivatives created by Wall Street. Wall street got into the mortgage business and was not subject to loan underwriting regulations. They deceived investors into thinking that loans backing the derivatives were as safe as traditional bank loans. The reason why Wall Street could do this was the repeal of the Glass Steagall Act signed into law be by Bill Clinton.
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I am so glad McCain sounded the alarm back in 2005. Weren't the Republicans in power then? What happened? Why did the wise Republicans allow it to continue then? Why didn't they heed to words of their beloved McCain, and march up on Capitol Hill, and wipe out Fannie and Freddie and save our country? Because I am sure their pockets got fat as well. By the way, I believe all this that Hannity put on this video needs to be fact checked. He's been caught in bold faced lies on more than 1 occasion.
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I am so glad McCain sounded the alarm back in 2005. Weren't the Republicans in power then? What happened? Why did the wise Republicans allow it to continue then? Why didn't they heed to words of their beloved McCain, and march up on Capitol Hill, and wipe out Fannie and Freddie and save their pockets? Because I am sure their pockets got fat as well. By the way, I believe all this that Hannity put on this video needs to be fact checked. He's been caught in bold faced lies on more than 1 occasion.
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being the party of "no" leaves money in my pocket.
i like to decide how my money is spent thanks...
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they bought up all the subprime loans and repackaged them as "financial securities" the dems are as party of 'SLITHER" THEY CAN SLITHER THROUGH A CRACK AND THEN PASS THE BLAME ON TO REPUBLICANS !!!
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dont forget barney frank and maxine waters saying to congress that fannie and freddie are not a threat to the us economy
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!, ACORN 2, CRA 3, Affirmative action banking 4,Fannie and Freddie 5, sub mortgage collapse 6. Economy is toast
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the rushie herbert hoover neocons is the obstruction party of NO ... the neocons are mind controlled mega ditto heads ... they tell you that the banks were over regulated ... that the clinton told them nearly a decade ago to make govt guaranteed home loans to people without any income or jobs ... and the neocons with their mega ditto minds actually believe this ... the bottom line is that it happened on the neocon watch ... the truth is the neocons let the bankers and oil barons go wild
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Barack is a whimp! Everytime he gets busted, he runs away crying fraud.
We need A STRONG LEADER as our President; we need Senator McCain !
One guy is one thing but for your candidate to have his whole inner circle is another. BTW, your facts are inaccurate. To top it off we now have Democrat Chis Dodd, who is in charge of the Senate Banking and Finance Committee, as the #1 Senator to receive more payouts from Freddy Mac and Fannie Mae, followed by Obama is so disgusting. Hannity didn't go far enough to expose ACORN, who Obama and the DEMs want to give 20% of the 700billion bailout and Obama worked as community organizer/attorney.
solomonred1 3 years ago 13
GREAT VIDEO!!!
Go Hannity!!!
Seems your the only one in MSM that isn't asleep at the wheel in regards to slimy Obama and all is evil!!!
Get the word out. The truth shall set us free!!!!
NObama!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
SweetCaroline1971 3 years ago 11