Joe Walsh screams at constituents, defends Banks
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Uploaded by ThinkProgress6 on Nov 9, 2011
"Don't blame banks!" "I'm tired of hearing that crap!"
- 34 likes, 7 dislikes
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Top Comments
All Comments (73)
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Hey Joe ..u will soon be back at your old job..at Walmart
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Fannie and Freddie Miami have wanted to get into the fray, they were unable to participate. “Private investment banks — not Fannie and Freddie — dominated the mortgage loans that were packaged and sold into the secondary mortgage market.” Over 66% of these loans stayed in the private sector.
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When you look at the subprime mortgages that were issued at the height of the craze, between 2004 and 2006, Fannie and Freddie only sold approximately 24% of those loans. In 2006, 84% of subprime mortgages were issued by private lending institutions. These loans were then passed on to other private institutions, bypassing Fannie and Freddie. Although
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The teaparty and the idiots that voted them in ARE the problem!! Suppprting even more control of the government by corporations.
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The housing "problem" was caused by those that only make their payday from transferring properties. That parasite middleman is who pushed the law changes that caused the bubble,,, other than the normal pyramid scheme collapse mechanisms.
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The Tea Party idiots that heard the words "cut spending" but never chose to ask what! Now their trying to cut all the programs these dumb asses voted him in.
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Who the hell voted this guy in?
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Congressman Joe Walsh! You think you can win an argument by shouting and speaking (not with but) at your constituents? I think you WILL BE A ONE-TERM CONGRESSMAN.
And calling the 99% movement traitors and socialists in another place shows your insensitivity & ignorance to the plight of the Veterans and average Americans at the time when the incompetents were bailed out and the average guy is left to fend for himself...But on the other hand, you have good looks, you just don't have the BRAINS!
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this man needs to be thrown out of office! what a disrespectful way of treating his constituents! what arrogance!
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So, government shouldn't be meddling with the marketplace, but it's a-okay for the marketplace to be meddling with the government?
chiefshaver 3 months ago 29
HE is part of that very government he is bitching about. What a tool.
jik4446462 3 months ago 26