For all of the libs who continue to blame George W. Bush for this mess I suggest you watch this congressional hearing concerning Fannie and Freddie. This really does confirm Thomas Sowell’s position that this crisis was more of a political problem which created an economic meltdown.
http://www.youtube.com/watch?v=_MGT_cSi7Rs
They won’t listen to anyone. They’re still suffering from Bush derangement syndrome.
If we would have had informed and responsible citizens, this mess wouldn’t be nearly as bad..