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Burning Down The House: What Caused Our Economic Crisis?v3

GO SEE THE NEW VERSION! http://www.youtube.com/watc... This video is an insightful look into the causes of our current economic crisis, which has its roots in policy developed 13 years ago. TH...  
 
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shananagans5 (2 months ago) Show Hide
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Thx for posting this. I worked mortgage while I was in college when this ball started rolling. Most dems do not or can not understand. They just blindly follow and say it's Bushes fault when, in actuality it was not. I was not a fan of Bush but he had nothing to do with this. The dems assume their followers will not do any research on the matter and they are correct. Everyone that blames Bush is looking foolish and the dems are taking advantage of that ignorance. Really sad actually.
skibunny2000 (3 months ago) Show Hide
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Though I didn't vote for this Obama guy, I wish I saw this video b4 the election so that I could of shared it with my friends that voted for him. They now have voter remorse!!!  Impeach Obama now!!!
AndroidPolitician (5 months ago) Show Hide
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The Housing bubble was caused by low interests rates created by the fed.

In fact very few of the subprime mortgages were for poor people.

Liberals are the ones who want to amend the FDIC to protect against bad derivatives.
gstuart01 (6 months ago) Show Hide
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Take our FREEDOM BACK.
RESTORE THE REPUBLIC!!
END THE FED! END THE FED! END THE FED! PRIVATE CENTRAL BANK ELITES BRINGING OUR DESTUCTION!
MetalBassjunkie420 (6 months ago) Show Hide
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Great music.
zumu1980 (7 months ago) Show Hide
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Informative but I wouldn't use wikkipedia as a direct source for accurate information. Part of the economic crisis does have to do allot about high risk loans but that has more to do with greedy short sighted banks and mortgage companies than low income people. I know plenty of people who were advised by mortgage brokers to lie about there household income in order to qualify for a subprime loan. Many of these people were told it was legal for them to lie.
shananagans5 (2 months ago) Show Hide
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That was only part of the problem. The dems oversimplify it so they will not look bad. They started this ball rolling and refused to stop it. They will not admit to this because then the finger points at them. They count on their ignorant followers to not do any research.
Cyberpuppy63 (7 months ago) Show Hide
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Let's start a self-help NO INTEREST bank, for low-middle class Americans!

Co-Op housing!  No interest!

Minimum mothly payments, for everyone!
Librathelion63 (8 months ago) Show Hide
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Well --all the info is in print and on all news of what the Dems say and did-
Yes money was spent on wars--but as I seem to remember during The only Town hall meeting Obama would debate on
He said that if it was for humanitarian reasons we should get involved--
Or was I hearing things?
And as for Fear who is saying we will be in a depression if we do not SPEND
$1,000,000,000,000 to $10,000,000,000,000
on projects that have nothing to do with the collapse of the housing market
Librathelion63 (8 months ago) Show Hide
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Well some news --you need to do the math and add up all the goverment spending from Washington to the second bush and it still does not add up to what the new Congress and Obama has spent

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