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House Bails Out Lenders

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Uploaded by on Jul 23, 2008

The House has passed a bill which will grant $25 billion to embattled mortgage giants Fannie Mae and Freddie Mac. As Jim Axelrod reports, President Bush has relented and will sign the bill.

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  • Now bank ads for loans are blaming the borrowers for the crisis. It's amazing the levels of corruption and manipulation the banks in America are getting away with. Americans should be ashamed and angry, but I guess that would mean they would have to look away from American Idol for a few minutes. Sheep.

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