John Adler Lies About Mortgage Crisis and Wall Street

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Uploaded by on Nov 27, 2009

Produced by www.njcommonsense.com. US Congressman John Adler a Democrat who voted no for HR3962 [See http://www.njcommonsense.com/national/obama-biden-pelosi-ignore-adler-d-nj-wa...] held a Government Run Health Care Town Hall at the JFK Center in Willingboro NJ. He spent time blaming capitalism for financial problems but exonerates the Government that caused it. Evidence supporting this crisis was caused by Government intervention starts in 1999 with a NY Times article covering the urging of banks to give more loans to those who cannot afford to pay them back. http://www.nytimes.com/1999/09/30/business/fannie-mae-eases-credit-to-aid-mor...

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