Democrats Fighting Regulation of Freddie & Fannie

Congressional Democrats successfully blocking regulation by Republicans of Freddie & Fannie the GSE responsible for pushing "affordable housing" to low income - no income individuals.

Category:

News & Politics

Tags:

• Barney
• Frank
• Freddie
• Mac
• Fannie
• Mae
• Fanny
• Economy
• Financial
• Housing
• Economic
• Crisis
• Obama
• O'Reilly
• Maxine
• Waters
• Gregory
• Meeks

[dominick916]

Go to the C-span website and you can see the hearings in their entirety. I have watched hours of hearing regarding Freddie Mac and Fannie Mae. This video is not out of context. See for yourself.

[anarenee1301]

damn dems are liars liars liars manipulating the public with their lies

[amitbarfs]

@1927bon

What does race have to do with Fannie/Freddie? The only color anyone in DC cares about is green.

[1927bon]

@amitbarfs I have seen the videos of McCain and Bush demanding evestigations into F&F and Democrats Walters and Barney Frank callled them racists for demanding it. Their emands were unheeded

[LacusTheDestroyer]

This video is horrifying. Anyone who still actually believes that Democrats are competent at managing anything in the U.S. needs to see this video, and realize the truth. It's like these people have no understanding of basic economics and morality.

...especially that Maxine Waters woman. How the hell does somebody like that get elected? Are people oblivious to her lies?

[hummarstra]

Today Waters just said that she wants Obama to borrow another trillion dollars to put Americans to work. What dumb shit.

[guyNbluejeans]

This video is amazing.

Not long ago I was working at a job that I had for 18-years. I was living a simple life and doing so by living within my means. Then along came the housing disaster courtesy of greedy pigs and their pals you see in this vid as well as others that aren't in it.

And so here I sit unemployed while Franklin Reigns sits somewhere in comfort as a multimillionaire thanks to having capitalized on all those fat bonuses he got for putting people into house they couldn't afford!

[toddclemmer]

@beninmv

Let this happen? You do understand that the regulators are in this video right?

[hhn1000]

YOU HAVE to wonder if JAMIE GORELICK is going to be part of every disaster this country is to face in future ...as she had been in the past, from the terrible Justice Dept. decision that kept us from finding the 9/11 terrorists to making $700,000 on a bad plan for these 100% loans based upon "desktop underwriting."

I really hope she's no longer in D.C. but I'm afraid she is.

[beninmv]

So explain why a Republican controlled Congress and its committees and a Republican White House let this happen? HUD was pushing teh agencies to lend and where were the regulators? I was buying commercial mortgage securities, but pulled out when CDOs got hot and the market discipline went away. That was late 2004. The idiocy of credit derivatives went unchecked.

To blame one party for this is just childish.

[AndrewMessenger]

We can prove beyond doubt the Democrats made the decisions causing our economy to crash. Doesn't matter how much proof there is, democrats will choose to deny it blindly. They don't want proof.

Entitlements ... whatever they are ... low-income housing, etc. ... are like heroin. Try to convince a heroin addict to quit using: it is next to impossible to do. Same with those who are used to using entitlements.

Our economy is screwed. The US is addicted to entitlements. There's no way out.

[amitbarfs]

Democrats were right.

Fuck regulations.