Fox News Special Report on The Banking Crisis
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@Deborah8050 For someone trying to regulate Freedie/Fannie it's funny Bush got 440 Billion for minority loan purchase commits from Freedie/Fannie in 2002 for his Goal of 5.5 Million minorities by 2010.....don't believe me , believe your own EYES
watch?v=kNqQx7sjoS8
This video is Bush in His own words start about 4:00 minute mark or watch the whole video.
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at 1:45 they say "the legislation was blocked." who blocked it?
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What gall Baney Frank has, to say he didn't "see" any problem with Fannie and Freddie and then say even if they did get in trouble "the federal government would bail them out"!!! And this was while his boyfriend was running Freddie and making millions of dollars before jumping ship just before it was discovered they had been cooking the books! If there is justice in this country anymore, Bielat should win election and Barney Frank and his boyfriend should go to JAIL!
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Funny. Now Bawney Fwank says Fannie and Fweddy should be "abowished"
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the good old corrupt tv. the tv will take your life away and make you think like a sheep. it herds thinking. then that thinking is manipulated. the tv company often benefits from that cycle. throw your tv away. it only tries to form your opinion.
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@locomoncayo Because obviously you have not watched all of the videos and not thoroughly studied the issue. If you had, you would have seen clear videos of Barney Frank professing that Fannie and Freddie were completely financially sound, within three months of the big crash. Wake up and educate yourself prior to taking positions which are factually invalid.
Look John Wi11iams you can point fingers as much as you want, but the fact remains the video shows Blarney Frank stating that there is no problem with Fannie & Freddie.
The amount of leveraging doesn't matter if slackers would pay their bills. If I sign a contract stating I will pay $x then I should pay $x. The fact that so many people stopped paying their mortgages in a very short time started the chain-reaction.
THIS is what Gov't. programs get you...
1978RDC21 3 years ago 7
BUSH, JOHN SNOW, McCAIN and many Republicans WARNED about this looming crisis.
Watch this Video of proof that DO NOTHING GOOD LIBERALS shut down the concerns of Republicans.
HERE IS CLEAR PROOF of how this CRISIS came about and PROOF that Republicans wanted to reign in The Mortgage industry and LIBERALS BLOCKED THEM at every point.
Watch this Video:
rodIc9E1g7E All in the Family.
SMOKING GUN PROOF that Barney Frank is a BOLD FACE LIBERAL LIAR.
PORTUGAL1010 3 years ago 5