Video: The Democrats and Obama caused the financial crisis of 08

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[Pacothecat]

The Democrats and Obama caused the financial crisis of 08 by supporting Fannie Mae and Freddie Mac and covering up their bad books.

Elect Obama, your democratic Senator and Congress person and we will have THE NEXT GREAT DEPRESSION.

[trumandogz]

There is enough blame to go around for both Democrats and Republicans in regards to Fannie and Freddie.

[AnimalLover]

bump

[ari-freedom]

but not conservatives.

[trumandogz]

President Bush requested more than 440 Billion for Sub Prime Fannie and Freddie mortgages for minorities!

That was passed by a GOP Congress.

[ari-freedom]

they weren’t conservative. It would have never passed the Newt congress

[trumandogz]

You are right about that.

The GOP today looks like the Democrats in the 1990’s

[ari-freedom]

the GOP accomplished a lot under clinton. how come the dems didn’t do much under Bush?

[trumandogz]

It is good for the country that the Dems have not done anything under Bush.

[Earthdweller]

"That was passed by a GOP Congress."

Well of course...everyone had their hands in the housing "McMansion boom. It was the liberal polices of easy credit combined with no relief for energy prices that made it go bust. The perfect plan to bring down the ecomomy and line the pockets of the crooks at the same time.

[XR7]

The perfect plan to bring down the ecomomy and line the pockets of the crooks at the same time.

And now, we're gona bail 'em out?
Sheesh!

[Earthdweller]

I prefer to look at it as bailing out US. Get the economy back on track...buy the mortgages...but not at full price and then sell them for a profit when the markets correct... best part of all...put the Dem crooks in jail and stop sleezy loans forever.

[dalebert]

ya i think Bush was trying to top Clinton.

[wgflyer]

“the GOP accomplished a lot under clinton. how come the dems didn’t do much under Bush?”

They didn't really have to, did they? The liberal agenda coasted right through the Bush administrations untouched and happy. Government got bigger and the libs dems were allowed full freedom to continue their enterprises. GOP even helped them along. And now GOP has chosen the number 1 aisle crosser as their candidate. The libs have this deal in the bag.

[ari-freedom]

well they are known as the do-nothing congress with very low approval.

[Sig Sauer P220]

I think at this point, we’re going to have the next Great Depression, no matter what. The runaway train has gotten away.