Democrats Responsible for Freddy & Fanny failure

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Uploaded by on Sep 25, 2008

Video showing GOP sponsoring bill to regulate GSEs (ie freddy/fanny) and Democrats, Frank, Schumer & Dodd shooting it down. In the end all GOP voted in favor, all DEM against... Gee and all this could have been avoided.

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News & Politics

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  • Now that the collapse has occurred, the reform roadblock built by Senate Democrats in 2005 is unforgivable.

    We now know that many of the senators who protected Fannie and Freddie, including Barack Obama, Hillary Clinton and Christopher Dodd, have received mind-boggling levels of financial support from them over the years.

  • Finally a news outlet is reporting the TRUTH about WHY mortgages are failing! It's not just corporate greed, poeple actually SIGNED for these mortgages that they could not afford. Perhaps an IQ test should be required before people are allowed to sign off on a large loan?

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